ValOre Metals has announced initial assay results from the ongoing Phase 1 core drill programme at its 100%-owned Pedra Branca Platinum Group Element (PGE) Project in Northern Brazil. In an update on the Toronto Stock Exchange, ValOre published assay results for two of the five holes...
The Brazilian Mining Association (Ibram) has reported that total mineral production fell by 147 million tonnes in the first three months of 2020, citing adverse weather conditions and the economic effects of the COVID-19 (coronavirus) outbreak. Brazilian mining companies produced 220 million tonnes (Mt) in Q1...
Brazilian mining conglomerate Votorantim Metais Holding (VM Holding) has announced its intention to list in New York and Toronto in order to access new pools of investment. The miner filed for an initial public offering on both major mining exchanges this week with the aim of...
The Brazilian subsidiary of Italian energy company Enel (BIT:ENEL) has announced that commercial operations have begun at the 180MW Delfina wind farm in the South American country. Enel Green Power Brasil Participações confirmed the US$400 million project, financed by Enel and a Brazilian Development Bank loan,...
The government of Brazil has announced it will suspend action on a recent decree which opened up a vast section of the Amazon rainforest to mining, in the face of a legal challenge and an activist backlash. Follow consultation with President Michel Temer, the mining ministry...
Royal Dutch Shell (LSE: RDSA) has confirmed that production has started from a floating platform off the coast of Brazil, which can process up to 150,000 barrels of oil per day (bpd). Production at the facility, situated in waters more than a mile deep within the...
French energy firm Total (LSE:TTA) and Brazilian petroleum corporation Petrobras (BVMF:PETR4) have announced they will be partnering each other in a US$2.25 billion joint venture agreement. The deal involves Petrobus transferring rights of varying percentages in three concession areas across Brazil to Total. The South American company...
Brazilian miner Vale (NYSE:VALE), the world’s biggest producer of iron ore, reached a new annual output record, producing 349 million tonnes over 2016. The figure exceeded Vale’s own guidance output, which was expected to be at the low end of a range between 340-350 million tonnes,...
Brazilian iron ore giant Vale (NYSE:VALE) has reported that it is ready to make its maiden commercial shipment from the S11D mine, the company’s largest ever iron ore operation. 26,500 tonnes of iron ore, extracted from the Canaã dos Carajás site in north-western Brazil was loaded...
An iron ore plant funded by Brazilian mining company Vale (BVMF: VALE5) has finally obtained an operating license, 15 years after plans were first devised. The S11D mine is situated at Canaã dos Carajás in the state of Pará, north-western Brazil, and represents the largest private investment...