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...The Rio de Janeiro-based company said it was maintaining contributions towards the non-profit Renova Foundation....
...New priorities At the heart of the industry is the Rio de Janeiro-headquartered Vale — the world’s largest iron ore company — which operated the dam in Brumadinho and jointly ran the dam in Mariana with...
...The move by the state prosecutors contrasts with a more hesitant stance adopted by federal prosecutors in Minas Gerais, who are also investigating Vale....
...The reputation of the Rio de Janeiro-headquartered group has been further tarnished by an acrimonious dispute with Tüv Süd....
...have about 200,000 individual shareholders and about 200,000 retirees from the largest pension funds in Brazil that depend on the income,” CFO Luciano Siani told the FT Commodities Americas Summit in Rio de...
...Alongside the clean-up operation, Vale is also decommissioning nine dams in Minas Gerais....
...The Rio de Janeiro-based company recorded a $133m loss in the second quarter, versus a $76m net income gain a year ago....
...The Rio de Janeiro-based company has been in crisis mode since January when a tailings dam collapsed in Brumadinho in the Brazilian state of Minas Gerais, spewing enough waste to fill more than 4,500 Olympic-sized...
...The Rio de Janeiro-based company is reeling from a deadly dam breach at one of its mines earlier this year that is likely to have killed more than 230 people....
...That was part of a plan to decommission dams similar to the one that broke at Córrego de Feijão. Of that figure 13m tonnes of output from Vargem Grande Complex has been taken offline....
...The Rio de Janeiro-based miner has been dealing with what is the worst crisis in its 76-year history....
...Graffiti in Brumadinho and protesters in Rio de Janeiro, where the company is based, are calling to renationalise Vale, which is partly owned by the Brazilian state....
...The town sits amid the rolling hills of Minas Gerais, a vast southeastern state that was once one of Brazil’s richest because of its abundant natural resources, which include plentiful minerals and lush...
...Brazil’s Vale, the world’s largest iron ore producer, evacuated some 500 people as a “preventive measure” from a tailings dam area of the Gongo Soco mine, near the city of Barão de Cocais....
...Letter in response this article: We all must demand more of the extractives industry / From Duarte Júnior, Mayor, Mariana, Minas Gerais, Brazil...
...Eduardo de Salles Bartolomeo, the company’s base metals chief, will replace him as interim chief executive....
..., a natural resource consultancy....
...“But this country of vested interests chose to spend its resources for education and culture on hiring people and superfluous expenditures."...
...He said the approach taken by Anglo to “de-risk” its new project was extremely sensible. It is also in contrast to the way Anglo developed Minas Rio, a giant iron ore mine in Brazil....
...Two are teachers; one is an accountant; another a human resources director; another a nanny, and the sixth is a full-time parent....
...Federal prosecutors in Minas Gerais, where the companies’ joint mining venture Samarco is based, and neighbouring Espírito Santo state, said on Tuesday that the value of the damages claim was based on the...
...The country’s second-largest airline, Gol Linhas Aéreas Inteligentes, is trying to negotiate a $780m debt swap with creditors while steelmaker Usinas Siderurgicas de Minas Gerais, known as Usminas, is also...
...in “its soul, in its guts” from a two-week pilots’ strike in 2014 over important cost-cutting measures — the worst industrial action in its history — and an incident last year when the company’s human resources...
...Shares in Vale and BHP, which had talked about restarting operations at their Samarco iron ore mine in the south-eastern state of Minas Gerais as early as this year, both dropped about 6 per cent in trading...
...Minas Gerais’s fire and rescue service, the Corpo de Bombeiros, said it had 58 people split into teams looking for victims....
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