Tags Mining

Tag: Mining

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazilian industrial production increased by 0.5 percent in September in relation to August, according to data from the IBGE (Brazilian Statistical Bureau). In comparison to September of 2015, the survey...
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - On Monday, October 3rd, the day after Brazil’s municipal elections, the U.S. dollar fell to its lowest level since August earlier this year, closing at R$3.206/US$1, a decline of R$0.046...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – President Dilma Rousseff of Brazil announced on Tuesday a plan for the recovery of the Rio Doce Basin, affected by the massive wave of toxic mud created when two dams...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – One of the largest mining companies in the world, Brazil’s Vale, has been accused of human rights violations and causing negative environmental impacts for profit by the NGO International Articulation...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazilian industrial production remained stagnant in October in relation to September, when it registered a negative variation of 0.2 percent, according to data from the IBGE (Brazilian Statistical Bureau). The...
By Jack Whibley, Contributing Reporter RIO DE JANEIRO, BRAZIL - Once valued at over US$60 billion, and last year still worth US$35 billion, Eike Batista’s EBX Group is now being forced to seek buyers and partners to restructure and dismantle...
By Maria Lopez Conde, Contributing Reporter RIO DE JANEIRO, BRAZIL – A number of companies created to make use of Brazilian mining giant Vale's iron ore have shut down their operations in Carajás, home to the world’s largest iron ore...
By Stephanie Foden, Contributing Reporter SALVADOR, BRAZIL – In the heart of Bahia state in Northeastern Brazil, far from the infamous sun-drenched coastal city of Salvador, lies Chapada Diamantina, a 587 square-mile national park. For those seeking tranquility, history and...
By Ben Tavener, Senior Contributing Reporter SÃO PAULO, BRAZIL – Five of the world’s biggest emerging economies, which together make up the BRICS group – Brazil, Russia, India, China and South Africa - have met in Durban, South Africa, to...
By Andrew Willis, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazilian miner Vale suffered a series of financial setback’s last week that will significantly hit fourth quarter figures this year, the company said. The Rio-headquartered company settled two tax...
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