Samarco funding restart preparation
(Posted on 04/11/19)
BHP has approved US$44 million for BHP Billiton Brasil Ltda’s share of funding for work related to the restart of one concentrator at Samarco Mineração S.A.’s (Samarco) operations at its Germano complex in Minas Gerais, Brazil. Samarco’s operations were suspended following the failure of the Fundão dam on 5 November 2015.
The funding will enable the construction of a filtration plant over the next 12 months and the commencement of operation readiness activities for restart.
On Friday 25 October 2019 the Mining Activities Chamber of the State Council for Environmental Policy in Minas Gerais, Brazil, granted the Corrective Operating Licence for Samarco’s operating activities at its Germano Complex.Samarco has now obtained all environmental licenses required to progress towards operational restart. Restart can occur when the filtration system is complete and Samarco has met all necessary safety requirements, and will be subject to final approval by Samarco’s shareholders.BHP Billiton Brasil Ltda. and Vale S.A. each hold a 50 per cent interest in Samarco.
According to preliminary calculations by the German Coal Importers Association (Verein der Kohlenimporteure... Read more
Rio Tinto chief executive J-S Jacques said “We finished the year with good momentum, particularly... Read more
The National Grain and Feed Association (NGFA) in the USA has announced a partnership with essDOCS,... Read more
Rio Tinto has awarded Perth-based company Mondium a contract valued at approximately A$400 million for... Read more
Cargill has reported results for the fiscal 2020 second quarter ended Nov. 30, 2019.“We saw very... Read more
Labrador Iron Ore Royalty Corporation is pleased to announce the appointment of Douglas McCutcheon and... Read more
Rio Tinto has started the process of resuming operations at Richards Bay Minerals (RBM) in South Africa... Read more
Pinnacle Renewable Energy has announced the planned construction of a new industrial wood pellet production... Read more
Glencore refers to the announcement by Katanga Mining Limited ("Katanga") in which it announced that... Read more
Technology in agriculture (ag-tech) is how we’ll feed a growing population, make farming more... Read more