R/€ = 16.73 Change: 0.06
R/$ = 14.45 Change: 0.06
Au 1228.43 $/oz Change: 10.12
Pt 843.50 $/oz Change: 3.78


Brazil studying auction of rights to six unexplored mining areas in 2019

By: Reuters     31st July 2018 Brazil's geological service is studying auctioning off mining rights in 2019 to six previously unexplored areas that have significant potential output of copper, gold, phosphate and other minerals, the head of the organisation told Reuters on Monday. The geological service CPRM, which operates... 

Brazil mining reforms stalled by impasse over new agency

By: Reuters     29th July 2018 A new Brazilian mining regulator created last year to cut red tape and attract foreign investment has still not gotten out of the blocks, with experts warning that the agency will be stalled at least through the October election and perhaps until 2019. Miners say major investments are hanging in... 

Brazil overhauls decades-old mining law to lure investment

By: Reuters     12th June 2018 Brazil's President Michel Temer issued two decrees on Tuesday overhauling 50-year-old mining laws in attempt to draw investment to the sector and implementing rules on the collection of higher mining royalties. The changes to the 1967 mining code include measures to allow for mining titles to be... 

Brazil presidential decree next week to overhaul mining rules – sources

By: Reuters     7th June 2018 Brazil's President Michel Temer plans to issue a decree next week to overhaul the rules for mining permits, bypassing Congress after it failed to approve similar changes last year, two people with direct knowledge of the matter told Reuters. The sources, who asked not to be named because the... 

Brazil says US tariffs and quotas unjust, still open to negotiate

By: Reuters     2nd June 2018 The Brazilian government said US quotas and tariffs that went into effect on Friday on Brazil's steel and aluminum exports to the United States were unjustified, but said it remains open to negotiate a solution that benefits industries in both countries. Under the new quota-based system agreed... 

Brazil deal to end truckers' strike rattles Petrobras investors

By: Reuters     29th May 2018 Petrobras shares plunged 15% on Monday after Brazil's government offered new fuel subsidies and softened the oil producer's pricing policy in a bid to settle a truckers' strike that has wreaked havoc on Latin America's largest economy. As a result of tax cuts and subsidies announced by President... 

Brazil antitrust regulator approves Vale-Yara fertiliser deal

By: Reuters     10th May 2018 Brazil's antitrust regulator Cade on Wednesday approved the sale of a Vale fertiliser unit to Yara International, sanctioning a deal that will allow the Norwegian giant to produce nitrogen-based fertilisers in Brazil. Six of Cade's seven board members voted to approve the $255-million... 

Brazil court extends deadline for Samarco to pay dam spill guarantee

By: Reuters     12th January 2017 A Brazilian judge has extended the deadline for Samarco and its shareholders Vale SA and BHP Billiton to make a 1.2-billion reais ($375.41-million) payment related to a dam spill to January 19, a statement from the court in the state of the Minas Gerais said on Wednesday. The payment was due on... 

Key speaker to address investment options at Indaba

By: Mia Breytenbach     22nd January 2016 International financial institution World Bank Group VP Makhtar Diop will be a key speaker at this year’s Investing in African Mining Indaba as well as being part of the market panel titled ‘Driving Investment in African Infrastructure - what are the investment options?’. The Mining Indaba will... 

Brazil levies initial fines of $66m against mine for burst dams

By: Reuters     13th November 2015 President Dilma Rousseff on Thursday announced preliminary fines worth 250-million reais ($66.2-million) against a mine in southeastern Brazil where two dams burst, killing at least seven people and coating a two-state area with mud and mine waste. The fines, announced after Rousseff flew over... 


By: Martin Creamer     11th October 2013 Hundreds of indigenous Brazilians converged on the nation's capital to protest pending laws that allow mining, energy and agricultural investment in the areas where they live. Protesters who demonstrated against proposed new rules for indigenous lands demarcation blocked highways in cities across... 


By: Martin Creamer     21st June 2013 Munduruku Indians from the Amazon Basin lie on the street in Brasilia after a week-long occupation of the Belo Monte dam on the Xingu river, where a hydroelectric power plant is planned to help satisfy demand for electricity in Brazil. It is feared that the dam could result in the displacement of... 

05/04/2013 (On-The-Air) 

By: Martin Creamer     5th April 2013 The US’s new clean-energy centre in Johannesburg is a shot in the arm for renewable energy in Africa; The production lines for South Africa’s joint missile project with Brazil are beginning to take shape; and The confirmation of coking coal at Makhado is another boost for the Limpopo province. 

Cleveland starts production at Premier

By: Esmarie Iannucci     22nd November 2012 ASX-listed Cleveland Mining has started commercial production at its Premier gold mine, in Brazil. The miner reported on Thursday that the Phase 1 gravity plant was operating at a rate of 40 t/h, with the company now working on Phase 2 of the project, which would involve increasing the... 


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