R/€ = 15.90 Change: -0.01
R/$ = 14.07 Change: 0.00
Au 1320.93 $/oz Change: 5.93
Pt 805.07 $/oz Change: 17.61


Audit of burst Brazil dam found issues with drainage, monitoring - reports

By: Reuters     5th February 2019 A report commissioned by Brazilian miner Vale SA last year to look into the stability of the tailings dam that ruptured January 25 certified it as sound but raised concerns over its drainage and monitoring systems, newspaper Folha de S. Paulo reported on Tuesday. The report by German-based TÜV... 

Serabi fills new COO position with Brazilian national

By: Creamer Media Reporter      20th September 2018 Brazil-focused gold mining and development company Serabi on Thursday announced the appointment of Roney Almeida to the newly established position of COO. Almeida, a Brazilian national and resident in Belo Horizonte, will report to Serabi CEO Mike Hodgson. 

Lydian Armenia Invests in Immersive Technologies’ Simulators to Rapidly and Safely Train Operators

By: Creamer Media Reporter      23rd August 2018 In an effort to train and develop a local workforce for a greenfield operation Lydian Armenia invested in simulators with Professional Services from Immersive Technologies. The new mine has a 4km downhill loaded haul with up to 10 percent grade, creating additional need for operators to be... 

Company expands South American service offering

By: Jessica Oosthuizen     6th July 2018 As part of its coordinated international strategy, minerals processing specialist Multotec is establishing a joint venture (JV) in Belo Horizonte, Brazil, which will enhance its presence in the South American region, says Multotec screening media VP Roy Roche. He tells Mining Weekly that the... 

Caeté mining complex, Brazil

By: Sheila Barradas     4th August 2017 A gold mining complex in the state of Minas Gerais, Brazil, 50 km east of Belo Horizonte. 

Turmalina mine, Brazil

By: Sheila Barradas     23rd June 2017 A gold mine in the Conceição do Pará municipality in the state of Minas Gerais, in Brazil. 

MICROMINE recognised at top Engineering Awards in Brazil

6th October 2016 MICROMINE Channel Partner, BNA Mining Solutions (BNA), based in Belo Horizonte, MG, Brasil have been chosen to receive the 9th Top Engineering Award from the Alumnus Association of the Engineering School of the Federal University of Minas Gerais. BNA were selected by Direct Research (Contest... 

Samarco prosecutor expects to seek criminal charges next month

By: Bloomberg     1st September 2016 Brazilian prosecutors are finalising a criminal investigation into the Samarco mine disaster and expect to ask a judge by the end of September to charge employees, said one of the prosecutors heading the case. The investigation is looking into alleged negligence that may constitute involuntary... 

BHP CEO Mackenzie’s bonus axed after fatal Samarco dam failure

By: Bloomberg     31st August 2016 BHP Billiton CEO Andrew Mackenzie won’t get his 2016 bonus following last year’s fatal dam collapse at the Samarco iron-ore mine in Brazil. “The tailings dam failure at Samarco in November 2015 was a key consideration, along with the ongoing decline in commodity markets,” a BHP spokeswoman said... 

Stalled BHP-Vale mine said seeking waiver on bank repayments

By: Bloomberg     13th August 2016 Brazilian miner Samarco is seeking a standstill agreement on about $1.6-billion in bank loans as its owners BHP Billiton and Vale refuse to cover debt payments, people with knowledge of the matter said. The iron-ore venture, whose operations were halted last year after a dam spill, is asking... 

Vale faces more spill costs as Brazil lawmakers seek dam ban

By: Bloomberg     8th July 2016 As miners globally look to squeeze more savings amid low prices, the biggest iron-ore miner Vale SA will face a sharp increase in costs if a group of legislators in Brazil’s mining heartland get their way. Spurred by Brazil’s worst-ever environmental disaster, the proposal would toughen... 

South America attractive market for explosives manufacturer

By: Nadine James     1st July 2016 South African explosives manufacturer and distributor AEL Mining Services has increased its presence in South America, owing to the nature and resilience of the South American mining industry. AEL GM for business development in South America and West Central Africa Alois Kwenda notes that,... 

Anglo secures $1.5bn medium-term finance

By: Martin Creamer     11th May 2015 Anglo American Capital on Monday secured $1.5-billion medium-term finance by issuing two senior notes - one of $850-million due in 2020 with a coupon of 3.625% and the second of $650-million due in 2025 at 4.875%, both guaranteed by the Anglo American group. Interest will be paid twice yearly in... 

Diamond producer Brazil Minerals in talks with Panama Diamond Exchange

By: Henry Lazenby     6th August 2014 Brazil-based miner Brazil Minerals (BMIX) on Wednesday announced that it had held preliminary discussions with the Panama Diamond Exchange (PDE), scheduled to become the first and only diamond bourse in Latin America. The Belo Horizonte-headquartered company said it was investigating whether the... 

Laird to Attend 15th Edition of the International Mining Exhibition, Exposibram 2013 Mining Solutions Focus on Efficiency, Safety and Productivity

By: Creamer Media Reporter      19th September 2013 Laird, a global technology company, announced it will attend Exposibram 2013, the largest international mining trade fair in Latin America, organised by the Brazilian Mining Association (IBRAM). As the only industrial remote control manufacturer located in Brazil, Laird will showcase innovative... 

Moz awards contract for expansion of mining cadastre system

By: Keith Campbell     2nd August 2013 The Mozambique government has awarded a contract to Vancouver, Canada, based Spatial Dimension to expand the cadastre system of the Ministry of Mineral Resources. The expansion will involve the incorporation into the cadastre system of Extractive Industry Transparency Initiative compliance... 

Proper maintenance of drilling equipment important

By: Zandile Mavuso     21st June 2013 Mineral exploration industry drilling services and products provider Boart Longyear says that proper management and maintenance of a drilling rig is important in today’s mining markets, as they reduce costly downtime and prevent equipment failures. 

Company Announcement: Management Support Contract for Jambreiro Project development

14th February 2013 Centaurus Metals is pleased to advise that it has awarded a key Management Support Contract for the implementation of its flagship Jambreiro Iron Ore Project in south-eastern Brazil, representing the first key contract to be awarded for the Project’s development 

Verde Potash completes process testwork

By: Henry Lazenby     4th December 2012 TSX-listed Verde Potash has completed a four-week processing trial at rotary kiln provider FLSmidth, during which 42 t of ore was processed to fine-tune the potassium chloride (KCl) production process that would be used at the company’s Cerrado Verde project, in Brazil. The testing allowed for... 

Brazil's Usiminas posts bigger-than-expected Q3 loss

By: Henry Lazenby     1st November 2012 Usinas Siderúrgicas de Minas Gerais on Thursday posted a bigger-than-expected loss for the third quarter as weak iron-ore sales and surging one-time expenses weighed down results at Brazil's largest maker of flat steel products. Usiminas, as the Belo Horizonte, Brazil-based company is known,... 

Jaguar's strategic review ends with no sale, shares plummet 36% 

By: Matthew Hill     9th May 2012 Shares in Jaguar Mining dived 36% in Toronto on Tuesday after the Brazil-focused gold producer announced the strategic review process it embarked on in November failed to find a buyer for the company. Chinese State-owned Shandong Gold Group had offered to buy the miner in that month, but the... 

Company Announcement: Maiden Drill Program Commences

9th May 2012 Cabral Resources Limited is pleased to advise that overnight its first diamond core drilling campaign at Morro do Gergelim commenced with one diamond drill rig in operation.  

Ponto Verde mine, Brazil

By: Sheila Barradas     4th May 2012 An iron-ore mine located 55 km south of the city of Belo Horizonte, in the state of Minas Gerais, in southern Brazil. 


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