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Tag: brazil mining

RIO DE JANEIRO, BRAZIL - Rio de Janeiro police have begun investigating allegations brought by Israeli billionaire Beny Steinmetz that Brazilian miner Vale illegally concealed from its shareholders the conditions under which Steinmetz’s company BSGR was supposed to mine...
RIO DE JANEIRO, BRAZIL - (Reuters) Irisnaide Silva is female, Brazilian and indigenous. And for once, in her view, she is being heard. For decades her family picked and panned the borderland near Venezuela, scouring the hills for diamonds and...
RIO DE JANEIRO, BRAZIL - Brazilian development bank BNDES has closed out its stake in mining giant Vale SA, selling 188.5 million shares and raising around R$11 billion (US$2 billion), the bank confirmed in a statement on Tuesday, February...
RIO DE JANEIRO, BRAZIL - Some 40,000 Brazilians are bringing a group-action lawsuit in the Netherlands against Norwegian aluminium producer Norsk Hydro over alleged toxic waste pollution in northern Brazil. The lawsuit has been brought by a group of communities...
RIO DE JANEIRO, BRAZIL - Brazilian mining giant Vale S.A. said on Thursday, February 4th, that it reached a R$37.7 billion (US$7 billion) agreement with prosecutors and the state of Minas Gerais to settle claims stemming from the 2019...
RIO DE JANEIRO, BRAZIL - Brazil’s National Mining Agency (ANM) is set to hire 40 more safety inspectors, to more than double the total number of inspectors, allowing it to check all the country’s tailings dams annually, the agency’s...

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