UPDATE 1-Brazil's Vale evacuates 500 people from dam area in preventive measure [Reuters]
VALE S.A. American Depositary Shares Each Representing one common share (VALE)
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Source: Reuters
Brazil's Vale evacuates 500 people from dam area in preventive measure SAO PAULO (Reuters) - Brazilian authorities ordered Vale SA to evacuate around 500 people from a dam area at its Gongo Soco mine in the state of Minas Gerais on Friday as a preventive measure, the mining company said. On Jan. 25, a mine operated by Vale collapsed in the town of Brumadinho in the same state, killing an estimated 300 people in Brazil’s deadliest mining disaster ever. In a separate development on Friday, inhabitants of a city close to another dam in Minas Gerais state, operated by Arcelor Mittal, were also evacuated, firefighters said but did not give details or say why the dam was at risk. Vale said in a statement that the Brazilian mining agency ordered the evacuation at the dam at Gongo Soco after engineering consultancy Walm said a certificate guaranteeing stability conditions had not been issued for the dam. Vale said it has intensified inspections in the area and was installing equipment to dete
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News
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- Vale announces completion of strategic partnership agreement with Manara Minerals [Yahoo! Finance]Yahoo! Finance
- Vale announces completion of strategic partnership agreement with Manara MineralsPR Newswire
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- 4/25/24 - Miss
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- 5/1/24 - Form 6-K
- 4/29/24 - Form 6-K
- 4/29/24 - Form 6-K
- VALE's page on the SEC website