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Tag: Mining News

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – After months of anticipation, fragments of the northern slope of the Gongo Soco Mine in Barão de Cocais have broken free from the structure. Mining giant Vale, however, Friday morning...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – A small city in Minas Gerais has been in waiting mode this week as residents pause to see what will happen after the impending rupture of the northern slope of...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – A Brazilian judge announced on Friday that she is increasing the fine to be levied at Vale to R$300 million (approximately US$73 million) if the mining giant does not present,...
By Arkady Petrov RIO DE JANEIRO, BRAZIL - President Jair Bolsonaro said on Thursday, May 16th, that he expects to allocate R$2.5 billion (US$620 million) to the Ministry of Education, Science, and Technology from penal fines paid by Petrobras. The...

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