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Brazil’s Minas Gerais state public ministry notified Vale late Jan. 20 that it must present plans within days for measures to ensure the safety of 18 dams at its iron ore mines following recent intense rainfall in the state in southeast Brazil, the miner said. The company will have 10 days from receipt of the ...
Brazilian miner Vale SA VALE3.SA has partially resumed operations in the state of Minas Gerais after being forced to halt some mines due to heavy rains that increased the risk of accidents and caused logistics disruptions. According to a securities filing on Monday, the stoppages affected production of about 1.5 million tonnes of iron ore. ...
The weather-triggered stoppages affected production of about 1.5 million tonnes of iron ore.
Australian shares are set to open higher, taking direction from Europe with US markets closed for a holiday. Oil steady.
Brazilian miners including Vale SA are resuming production in the southeastern state of Minas Gerais after being forced to…