Vale maintains iron ore sales guidance despite green light for Brucutu mine

April 18, 2019 / www.metalbulletin.com / Article Link

A court decision has paved the way for Vale to completely resume operations at its 30-million-tonnes-per-year Brucutu mine, in Brazil's southeastern state of Minas Gerais.

But the miner - the world's biggest iron ore producer - is maintaining its sales guidance for the steelmaking raw material despite this latest development, due to bad weather affecting production at its Northern System."The Minas Gerais Court of Justice president has decided to partially suspend the injunction of the court of Santa B??rbara made on March 22 [...] specifically in regard to the ruling on the immediate interruption of any activity that could lead to an increase in the risk of rupture of the tailing structures located at the...

Recent News

Gold stocks decline on flat metal and mixed equities

October 07, 2024 / www.canadianminingreport.com

Copper price expected to range from flat to slight gain in 2025

October 07, 2024 / www.canadianminingreport.com

China's gold holdings to central bank reserves still low

September 30, 2024 / www.canadianminingreport.com

China has broad effect on gold market

September 30, 2024 / www.canadianminingreport.com

Gold stocks mixed after previous week's huge gains

September 23, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok