Vale forced to halt operations at Brucutu, largest mine in Minas Gerais

Having trouble viewing this email?  View online Mining News Digest Tuesday 5 February 2019 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver Vale forced to halt operations at Brucutu, largest mine in Minas Gerais Brucutu, which has an annual capacity of 30 million tonnes of iron ore, is Brazil's second largest mine, behind Vale's Carajás. read » Lithium price: Spodumene is getting crushed Hard rock lithium concentrate swamping China drops spodumene prices 17% in January with more pain likely. read » Video shows exact moment when Vale's dam collapsed A video shows the exact moment when a dam at Vale's Córrego do Feijão mining complex burst. read » Firestone Diamonds output down on technical issue at Lesotho mine The company, which operates the Liqhobong diamond mine in Lesotho, said it recovered 224,947 carats in the three months through December, down from 240,733 carats in the first quarter. read » Gold miners get their mojo back as giant deals revive allure After years on the sidelines, gold producers are suddenly the mining world's hottest topic as the industry gathers in Cape Town this week. read » First Quantum is said to offer $700m for Zambia mine The deal would also include ZCCM-IH dropping a $1.4 billion legal claim against First Quantum over a loan the company received from Kansanshi. read » Barrick, Reunion Gold to jointly go after key assets in South America Strategic alliance expands Barrick's exploration footprint in the Guiana Shield, a significantly under-explored region and one of the most prospective in the world for large scale gold discoveries. read » Vedanta says Anglo American stake buy meets Gov't criteria Shares in the company lost a fifth of their value on Friday as investors were sceptical of its foreign subsidiary Cairn India Holdings' $200 million investment in the diversified miner. read » Accomplished mining executive Rob Atkinson to join Newmont as Chief Operating Officer Effective June 1, 2019. read » MMSA awards gold medal to Pierre Lassonde MMSA considers the gold medal to be the highest honour it can bestow on individuals for exemplary service to the mineral industry. read » Port yanks permit for coal terminal With the permit cancelled, it is hard to see how the Fraser Surrey Docks coal project could ever end up being built. read » OceanaGold reports 2019 guidance and exploration budget OceanaGold Corp. says its mines will produce a total of between 500,000 and 550,000 ounces of gold and 14,000 to 15,000 tonnes of copper this year. read » South Africa's Mining Charter III threatens livelihood of alluvial diamond mining industry The Mining Charter III (MCIII) heaps more pain on South Africa's alluvial diamond producers who already face enormous cost burdens and high risks. read » South Africa's EFF party says in election manifesto to nationalise mines The party is using an anti-corruption, jobs creation and state control of the economy platform to challenge the governing African National Congress (ANC) in the upcoming election. read » Zimbabwe looks to alleviate foreign currency shortages -mines minister "At the end of the day it is an issue of balancing the needs of investors with the needs of the country" read » Africa Mining Indaba: Dam safety, Zambia taxes, Ford on cobalt Executives, investors and government officials met in Cape Town at the African Mining Indaba, the continent's biggest gathering of one of its most essential industries. read » Visualizing corruption around the world Today's chart pulls its numbers from the recent 2018 Corruption Perceptions Index report, which has been published by Transparency International annually since 1995. read » Rio's BC Works smelter ASI certified The ASI certification is the highest internationally recognized standard for environmental, social and governance practices. read » Lithium Energy Products wants to buy fluorite operation in Utah The mine is part of the assets the Vancouver-based miner is getting as part of its acquisition of all of American Strategic Minerals' assets. read » Venezuela trying to sell gold to stay afloat The country is reaching for its last card as the deck collapses on President Nicolás Maduro's failed regime. read » Croinor expands, offers more high grades for Monarques Croinor is a historic gold producer for which Monarques completed a prefeasibility study last year. read » Everything you need to know about VMS deposits People are often not aware of where their most prized devices really come from. read » Germany's RWE could preserve Hambach forest, but at a price How much is a tree worth? read » Read more news on MINING.com » Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver About Us   |  Privacy Policy  |  Unsubscribe   |  Contact Us   |  Advertise This email was sent to you by InfoMine Inc. 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