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vale

  • Mining has its mojo back – will London miss out?

    mining

    After years spent cast as the underbelly of the global economy, mining is undergoing a reputational and financial revival. Ali Lyon explores what’s behind the renaissance, and whether London risks losing its status as the industry’s spiritual home as a result. With his thick-rimmed spectacles, salt-and-pepper hair and wiry, lean build, Gustavo Pimenta is a [...]

    Two coal miners in mine shaft (Credit: Tyler Tableford via Getty)
  • BHP nears £24bn settlement in Brazil for Samarco dam disaster

    mining

    Miners BHP and Vale are negotiating a possible settlement worth roughly $31.7bn (£24.32bn) with Brazilian authorities over a 2015 dam failure that is considered one of the country's worst environmental disasters.

    Courtroom challenges to infrastructure planning decisions are set to be limited, No10 has announced in what they framed as a bid for growth.
  • BHP’s record-breaking Samarco dam trial kicks off at the High Court

    Legal

    The largest action of its kind hits the High Court today as mining giant BHP is faces a multi-billion pound lawsuit over a dam collapse in Brazil

    BHP's trial in the High Court is the largest of its size so far
  • BHP to book £5.3bn charge on Samarco dam disaster and nickel mine impairment

    February 15, 2024

    Mining giant BHP has said today it will take a non-cash impairment charge of approximately $3.5bn (£2.8bn) against the carrying value of its Western Australia Nickel arm

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