R/€ = 16.15 Change: 0.19
R/$ = 14.17 Change: 0.21
Au 1239.98 $/oz Change: -6.65
Pt 789.68 $/oz Change: 0.81


Serabi fills new COO position with Brazilian national

By: Creamer Media Reporter      20th September 2018 Brazil-focused gold mining and development company Serabi on Thursday announced the appointment of Roney Almeida to the newly established position of COO. Almeida, a Brazilian national and resident in Belo Horizonte, will report to Serabi CEO Mike Hodgson. 

First-time participant hopes to gain industry exposure

By: Melissa Zisengwe     2nd March 2018 For the first time since the establishment of bauma CONEXPO AFRICA, high frequency fine screening equipment designer, manufacturer and supplier Landsky will showcase its products to industry leaders and high-profile buyers in Southern Africa.  

REMA TIP TOP strives for strong market position in Brazil

13th February 2017 REMA TIP TOP, a globally operating system provider of services and products in the field of conveying and treatment technology as well as tyre repair, has acquired Norte Sul Serviços de Vulcanização (“Norte Sul Serviços”), a conveyor maintenance provider in Brazil. Through the acquisition, REMA... 

Samarco prosecutor expects to seek criminal charges next month

By: Bloomberg     1st September 2016 Brazilian prosecutors are finalising a criminal investigation into the Samarco mine disaster and expect to ask a judge by the end of September to charge employees, said one of the prosecutors heading the case. The investigation is looking into alleged negligence that may constitute involuntary... 

BHP CEO Mackenzie’s bonus axed after fatal Samarco dam failure

By: Bloomberg     31st August 2016 BHP Billiton CEO Andrew Mackenzie won’t get his 2016 bonus following last year’s fatal dam collapse at the Samarco iron-ore mine in Brazil. “The tailings dam failure at Samarco in November 2015 was a key consideration, along with the ongoing decline in commodity markets,” a BHP spokeswoman said... 

Stalled BHP-Vale mine said seeking waiver on bank repayments

By: Bloomberg     13th August 2016 Brazilian miner Samarco is seeking a standstill agreement on about $1.6-billion in bank loans as its owners BHP Billiton and Vale refuse to cover debt payments, people with knowledge of the matter said. The iron-ore venture, whose operations were halted last year after a dam spill, is asking... 

Hapman Partners With Brazilian Agency Mavind To Represent The Full-Line Of Bulk Material Handling Equipment In Brazil And South America

13th July 2016 Hapman, a global leader in the design and manufacture of tailored conveyors, bulk material handling equipment, and fully integrated systems for more than 70 years’ announces a licensee partnership with Mavind Industria Mecanica LTDA. Mavind is located in Belo Horizonte/MG, Brazil. The company has... 

Vale faces more spill costs as Brazil lawmakers seek dam ban

By: Bloomberg     8th July 2016 As miners globally look to squeeze more savings amid low prices, the biggest iron-ore miner Vale SA will face a sharp increase in costs if a group of legislators in Brazil’s mining heartland get their way. Spurred by Brazil’s worst-ever environmental disaster, the proposal would toughen... 

Anglo secures $1.5bn medium-term finance

By: Martin Creamer     11th May 2015 Anglo American Capital on Monday secured $1.5-billion medium-term finance by issuing two senior notes - one of $850-million due in 2020 with a coupon of 3.625% and the second of $650-million due in 2025 at 4.875%, both guaranteed by the Anglo American group. Interest will be paid twice yearly in... 

Diamond producer Brazil Minerals in talks with Panama Diamond Exchange

By: Henry Lazenby     6th August 2014 Brazil-based miner Brazil Minerals (BMIX) on Wednesday announced that it had held preliminary discussions with the Panama Diamond Exchange (PDE), scheduled to become the first and only diamond bourse in Latin America. The Belo Horizonte-headquartered company said it was investigating whether the... 

Cape Town, Durban receive intl recognition for climate change efforts

By: Natalie Greve     17th January 2014 Thirty-four cities from 14 participating countries have been selected from among 163 entrants in this year’s Earth Hour City Challenge (EHCC) to receive special recognition by the World Wide Fund for Nature (WWF) for “impressive actions” on climate change. The EHCC project aimed to mobilise... 

DTI leads SA to Brazil in trade promotion

By: Natasha Odendaal     21st October 2013 A Department of Trade and Industry- (DTI-) led delegation of South African businesspeople have landed in Brazil to promote trade and business cooperation between the two emerging countries at the Investment and Trade Initiative (ITI). The ITI, taking place from October 21 to 25, would focus on... 

SAA signs code share agreement with Brazilian carrier 

29th August 2013 South African Airways (SAA) has signed a code share agreement with Brazilian carrier TAM Airlines. SAA acting GM: Commercial Manoj Papa said the code share agreement would allow customers travelling to and from various parts of Africa, South America and countries in the East to use SAA’s... 

Verde Potash completes process testwork

By: Henry Lazenby     4th December 2012 TSX-listed Verde Potash has completed a four-week processing trial at rotary kiln provider FLSmidth, during which 42 t of ore was processed to fine-tune the potassium chloride (KCl) production process that would be used at the company’s Cerrado Verde project, in Brazil. The testing allowed for... 

Brazil's Usiminas posts bigger-than-expected Q3 loss

By: Henry Lazenby     1st November 2012 Usinas Siderúrgicas de Minas Gerais on Thursday posted a bigger-than-expected loss for the third quarter as weak iron-ore sales and surging one-time expenses weighed down results at Brazil's largest maker of flat steel products. Usiminas, as the Belo Horizonte, Brazil-based company is known,... 

Jaguar's strategic review ends with no sale, shares plummet 36% 

By: Matthew Hill     9th May 2012 Shares in Jaguar Mining dived 36% in Toronto on Tuesday after the Brazil-focused gold producer announced the strategic review process it embarked on in November failed to find a buyer for the company. Chinese State-owned Shandong Gold Group had offered to buy the miner in that month, but the... 


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