https://www.miningweekly.com

TWO-FACED IRON-ORE MINING:

15th February 2019

By: Martin Creamer

Creamer Media Editor

     

Font size: - +

Brazilian mining company Vale’s Brumadinho tailings dam collapse killed 150 died and left 182 missing; Vale-BHP’s Samarco dam collapse killed 19. What evokes great sadness is Vale’s payment of no less than seven cash dividends to shareholders between October 2015 and September 2018. Vale top-brass ignored the imperative that cash for operational safety is a priority that must come before cash for dividends, share buybacks and executive bonuses. Those who received bonuses should be made to pay every single cent back, attend every funeral that has been caused by tailings dam safety breaches and ensure that the families of deceased breadwinners receive compensating income and support ad infinitum. BHP also needs to continue to look at itself critically, as does every single mining company. The storage of mine waste needs to come into the 21st century in the interests of safety.

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Virtual Gas Network (Pty) Ltd
Virtual Gas Network (Pty) Ltd

Virtual Gas Network supplies compressed natural gas via a virtual gas distribution network.

VISIT SHOWROOM 
MBE Minerals SA (Pty) Ltd
MBE Minerals SA (Pty) Ltd

Your global lifecycle technology & service partner for materials & minerals processing equipment for coal, iron ore, copper, manganese & other...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.05 1.2s - 109pq - 2rq
Subscribe Now