Canuck carbon firms vie for Musk-funded US$100M
Arca, a company that’s signed a deal with BHP (LSE: BHP; NYSE: BHP; ASX: BHP), is one of three Canadian technology firms in the running for the US$100-million Xprize carbon…
Vale
Brazil demands immediate US$15.7B payment for Mariana disaster
The government stated that if this amount is not paid within 15 days, it will petition to block the assets of Vale, BHP, and Samarco.
Brazil rejects Vale, BHP US$25B offer for mine disaster
Miners had earlier this week presented authorities with an offer to pay $25 billion as reparations for the dam collapse.
Vale, BHP, Samarco seek new deal on Brazil disaster
Negotiations resumed this week after the Brazilian government and states rejected the companies’ $7.7 billion offer in December.
Vale operations in Brazil now 100% renewable energy-powered
Vale (NYSE: VALE) announced Monday it had achieved its goal of running all of its Brazilian operations based on renewable energy sources, two years earlier than the scheduled target of…
Vale walks away from exploration JV with Serabi Gold
Brazil-focused miner Serabi Gold (TSX: SBI; LSE: SRB) said on Monday that Vale (NYSE: VALE) has decided to withdraw from a copper exploration alliance formed in May 2023. The company,…
Magna Mining signs toll-mill deal with Vale for Crean Hill project
Magna Mining (TSXV: NICU; US-OTC: MGMNF) has signed a toll-mill agreement with Vale‘s (NYSE: VALE) base metals unit for the advanced exploration portion of its Crean Hill project in Ontario….
Fear of scandal blocks fund managers from mining: survey with Vale, BlackRock
Miners must prioritize environmental, social and governmental (ESG) improvements to attract investment funds, according to a new survey featuring Vale’s (NYSE: VALE) Mark Cutifani and BlackRock, the world’s largest asset…
Vale faces fresh US$3.8B lawsuit over 2015 dam disaster
Vale (NYSE: VALE) is facing a £3-billion (US$3.8 billion) lawsuit in the Netherlands related to the 2015 collapse of a dam in Brazil, adding to a long list of existing…
Vale ex-president could escape Brumadinho homicide charges
Fábio Schvartsman claims no connection to dam breach.
Feds must force pensions to fund Canadian mining, Lassonde, Giustra say
Ottawa has to pressure pension funds to invest billions in Canadian mining, a radical change from their almost non-existent stakes, if the industry is ever going to produce enough metals…
Anglo American to produce iron ore from Vale’s deposit in Brazil
The miners have signed an agreement to integrate the Serra da Serpentina deposit into the Minas-Rio iron ore complex.