Edition:
United States

Marta Nogueira

Exclusive: Petrobras eyes exit from Brazil bourse's good governance program - sources

Jul 12 2019

RIO DE JANEIRO Brazilian state-run oil firm Petrobras is considering an end to its participation in a program certifying good governance and limited political interference in state companies set up by the Sao Paulo stock exchange, two sources told Reuters.

EXCLUSIVE-Petrobras eyes exit from Brazil bourse's good governance program -sources

Jul 12 2019

RIO DE JANEIRO, July 12 Brazilian state-run oil firm Petrobras is considering an end to its participation in a program certifying good governance and limited political interference in state companies set up by the Sao Paulo stock exchange, two sources told Reuters.

ArcelorMittal removes 30 families from area close to dam in Brazil

Jul 04 2019

RIO DE JANEIRO The Brazilian unit of steel group ArcelorMittal moved 30 families from their houses near its Serra Azul mine in the town of Itatiaiuçu, Minas Gerais state, as a precautionary action after it ran a new risk evaluation of a dam close to the mine.

Brazil mining trade group slams Senate royalty proposals

Jul 03 2019

RIO DE JANEIRO, Brazil An association of Brazilian mining companies on Wednesday criticized some proposals made a day earlier by a Senate committee that spent months investigating the collapse of one of Vale SA's tailings dams.

Vale says hopes to reach dam burst global settlements by year-end

Jun 13 2019

RIO DE JANEIRO Brazil's Vale said on Thursday that it expects to reach global settlements covering economic and environmental damages from the January collapse of its Brumadinho tailings dam by late this year or in 2020.

CORRECTED-Analysts say Vale execs optimistic about recovery of output at Brucutu mine

Jun 13 2019

RIO DE JANEIRO, June 13 Brazil's Vale which needs court approval to resume production at its Brucutu mine after a deadly dam collapse, told analysts it expects to do so soon, analysts at brokerage XP said on Thursday after meeting with the miner's top executives.

Vale warns Brazil prosecutors another dam at risk of collapse

May 16 2019

RIO DE JANEIRO Brazilian iron ore miner Vale SA told prosecutors in the state of Minas Gerais that a dam is at risk of rupturing at its Gongo Soco mine, about 40 miles from where its Brumadinho dam collapsed, killing more than 230 people.

Vale tells prosecutors there is the risk of rupturing of new dam in Minas

May 16 2019

RIO DE JANEIRO, May 16 Brazilian iron ore miner Vale SA told prosecutors in the state of Minas Gerais that a dam is at risk of rupturing at its Gongo Soco mine, about 40 miles (65 kilometers) from where its Brumadiho dam collapsed, leaving more than 230 people dead.

Brazil's Petrobras not planning additional refining divestments: letter

May 13 2019

RIO DE JANEIRO Brazil's Petroleo Brasileiro SA is not planning on selling any refining assets in addition to the refineries it has already publicly slated for divestment, an executive wrote in a letter to employees last week.

Vale CFO says hopes to restore lost output within two to three years

May 10 2019

RIO DE JANEIRO/SANTIAGO Brazilian miner Vale SA expects to restore capacity lost after the deadly Brumadinho tailings dam burst within two to three years, executives said on Friday, emphasizing that the company is not rushing to resume full output.

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