R/€ = 15.90 Change: 0.00
R/$ = 13.50 Change: 0.00
Au 1243.94 $/oz Change: 6.10
Pt 891.50 $/oz Change: 14.00


Brazil Senate approves creation of mining regulatory agency

By: Reuters     28th November 2017 Brazil's Senate on Tuesday approved a bill creating an autonomous regulatory agency for the mining sector, a move aimed at accelerating slow licencing approvals in the country. The bill will return to President Michel Temer for a signature, creating a permanent law based on a temporary decree... 

Vale says Brazil iron royalty hike could hurt high-cost mines

By: Reuters     23rd November 2017 Brazil's Vale, the world's largest iron ore producer, said on Thursday that a hike in the country's royalty rates for the mineral could compromise its ability to maintain high-cost mines and would hurt its ability to compete. Congress passed the higher royalties in votes on Wednesday with the... 

Brazil lower house okays higher mining royalties, new regulator

By: Reuters     22nd November 2017 Brazil's lower house of Congress on Wednesday passed a bill that would boost royalty rates on iron ore by 75% - instead of doubling the rates as had been proposed - and later voted to approve the creation of a new mining regulator. Under the revised plan, gold mining royalties would rise 50%,... 

Brazil's Vale denies postponing sale of New Caledonia mine stake

By: Reuters     20th November 2017 Brazil's Vale SA in a securities exchange filing on Monday denied that it had decided to postpone the sale of a stake in the New Caledonia nickel mine, saying it is continuing to look for a partner. Reuters reported on Friday, citing sources, that the mining major would postpone the sale for up... 

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 Swanepoel     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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