Tailings dam

DeepGreen Teams Up With Leading Research Institutions to Understand and Minimise Impacts of Collecting Minerals for Electric Vehicles and Clean Energy From the Deep Sea

Retrieved on: 
Mardi, août 25, 2020

"This is a collaboration of the best minds in ocean science coming together to answer manyimportant questions about deep-sea ecosystem function and connectivity throughout the watercolumn," said DeepGreen Chief Ocean Scientist, Dr.Greg Stone.

Key Points: 
  • "This is a collaboration of the best minds in ocean science coming together to answer manyimportant questions about deep-sea ecosystem function and connectivity throughout the watercolumn," said DeepGreen Chief Ocean Scientist, Dr.Greg Stone.
  • "The program will enableDeepGreen to put forward a rigorous, peer-reviewed environmental impact statement to the International Seabed Authority, setting a high bar for this new industry."
  • "We are pleased to take part in this important, wide-reaching and collaborative effort to studythe impacts of collecting polymetallic nodules.
  • DeepGreen has developed a process for producing metals from polymetallic nodules with near-zero solid waste, eliminating the need for tailings dams on land.

Barrick Lauds Launch of Global Tailings Management Standard

Retrieved on: 
Mercredi, août 5, 2020

All statements, other than statements of historical fact, are forward-looking statements.

Key Points: 
  • All statements, other than statements of historical fact, are forward-looking statements.
  • The words launch, would, commitment, will, reduce, ensure, surety, conduct, review and similar expressions identify forward-looking statements.
  • In particular, this press release contains forward-looking statements including, without limitation, with respect to the anticipated benefits of the Global Industry Standard on Tailings Management including improved tailings management practices across the industry and reduced risks to people and the environment due to tailings dam failures; Barricks commitment to ensuring its tailings facilities meet global best practice standards for safety; and Barricks tailings and heap leach management standard and practices including with respect to engineering, inspection and surety.
  • All of the forward-looking statements made in this press release are qualified by these cautionary statements.

Communities & Civil Society Call for Action to Prevent More Mine Waste Disasters on First Anniversary of Deadly Brazilian Spill - Earthworks

Retrieved on: 
Vendredi, janvier 24, 2020

The World Mine Tailings Failures Database documents the increasing number and severity of tailings dam disasters since 1915.

Key Points: 
  • The World Mine Tailings Failures Database documents the increasing number and severity of tailings dam disasters since 1915.
  • Brumadinho was the third major collapse since 2014, including the catastrophic Samarco failure in Brazil, also owned by Vale.
  • In Brazil, society is still waiting for a proper response from regulatory agencies and Congress to increase accountability for mining companies.
  • Several civil society organizations have been critical of its limited scope and the recommendations presented in the draft standard.

“It’s not yet a truly hard insurance market,” states Willis Towers Watson’s Mining Risk Review 2019

Retrieved on: 
Mercredi, septembre 11, 2019

LONDON, Sept. 11, 2019 (GLOBE NEWSWIRE) -- Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company, today launched its Mining Risk Review 2019 which shows that although there are key uncertainties that need to be addressed in both the mining and insurance industries, global mining insurance did not yet constitute a truly hard market.

Key Points: 
  • LONDON, Sept. 11, 2019 (GLOBE NEWSWIRE) -- Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company, today launched its Mining Risk Review 2019 which shows that although there are key uncertainties that need to be addressed in both the mining and insurance industries, global mining insurance did not yet constitute a truly hard market.
  • Releasing the Review, Graham Knight, Global Head of Natural Resources, Willis Towers Watson, commented: Our 2019 Review is being published in the aftermath of yet another tailings dam tragedy.
  • But from an insurance perspective, although rates are generally hardening as a result of tailings dam and other losses, this is still not yet a truly hard market.
  • Capacity remains plentiful by historical standards and when rates are on an upward trend, we are by no means in a truly distressed situation.

sensemetrics and Its IIoT Platform Selected to Help Address Safety Issues for Mining Tailings Storage Facilities

Retrieved on: 
Mercredi, juillet 10, 2019

Innovative solutions already exist that can solve for many of the challenges in ICMM problem statements, said Matt Meehan, CEO of sensemetrics.

Key Points: 
  • Innovative solutions already exist that can solve for many of the challenges in ICMM problem statements, said Matt Meehan, CEO of sensemetrics.
  • sensemetrics partner ecosystem across the mining vertical is expanding each day.
  • Safety is of paramount importance to executing mining operations, and we look forward to working with the broader mining community to develop international standards that will further secure tailings dams.
  • sensemetrics delivers a plug-and-play, end-to-end IIoT solution that provides complete sensor data capture, standardization and real-time data visualization and intelligence.

5-Year High Iron Ore Prices Look to Revitalize Mining Sector

Retrieved on: 
Mercredi, juin 5, 2019

Industrial metals in particular, such as iron ore, have broken records as prices surged to multi-year-highs.

Key Points: 
  • Industrial metals in particular, such as iron ore, have broken records as prices surged to multi-year-highs.
  • After the tailings dam disaster in Brazil and cyclone-related disruptions in Australia, iron ore will be undersupplied in the near term causing prices to shoot up.
  • This recent turn of events has made iron ore producers far more desirable in the eyes of analysts and investors.
  • While major iron ore miners are expected to benefit from increased prices and the overall market enthusiasm, many less-well-known, small-cap miners are poised to take advantage of this development as well.

5-Year High Iron Ore Prices Look to Revitalize Mining Sector

Retrieved on: 
Mercredi, juin 5, 2019

Industrial metals in particular, such as iron ore, have broken records as prices surged to multi-year-highs.

Key Points: 
  • Industrial metals in particular, such as iron ore, have broken records as prices surged to multi-year-highs.
  • After the tailings dam disaster in Brazil and cyclone-related disruptions in Australia, iron ore will be undersupplied in the near term causing prices to shoot up.
  • This recent turn of events has made iron ore producers far more desirable in the eyes of analysts and investors.
  • While major iron ore miners are expected to benefit from increased prices and the overall market enthusiasm, many less-well-known, small-cap miners are poised to take advantage of this development as well.

The Mosaic Company Reports First Quarter 2019 Results

Retrieved on: 
Lundi, mai 6, 2019

In the Mosaic Fertilizantes segment, the Company expects up to $100 million in costs associated with managing through the tailings dam regulatory changes, approximately $50 million of which will flow through cost of goods sold and gross margin during the second quarter of 2019.

Key Points: 
  • In the Mosaic Fertilizantes segment, the Company expects up to $100 million in costs associated with managing through the tailings dam regulatory changes, approximately $50 million of which will flow through cost of goods sold and gross margin during the second quarter of 2019.
  • The Mosaic Company is one of the world's leading producers and marketers of concentrated phosphate and potash crop nutrients.
  • Mosaic will conduct a conference call on Tuesday, May 7, 2019, at 9:00 a.m. Eastern Time to discuss first quarter 2019 earnings results as well as global markets and trends.
  • For the three months ended March31, 2019, the Company reported the following notable items which, combined, positively impacted earnings per share by $0.09:

CRU: Vale's Dam Accident to have Significant Impact on the Iron Ore Market

Retrieved on: 
Mardi, février 12, 2019

Just three years and two months after Samarco's tailings dam failed, the world's largest iron ore producer, Vale, saw one of its tailings dams collapse in Brazil.

Key Points: 
  • Just three years and two months after Samarco's tailings dam failed, the world's largest iron ore producer, Vale, saw one of its tailings dams collapse in Brazil.
  • CRU has closely monitored the situation and our analysis shows that the dam breach will have an immediate impact on iron ore supply, prices, quality and pellet premia.
  • In the medium and long term, we are expecting Brazilian iron ore to deteriorate in quality and production costs to increase, thus making the country less competitive in the global iron ore market.
  • A significant proportion of Brazil's iron ore does not require much processing, especially in the Para state, home to Vale's Northern System.

CRU: Vale's Dam Accident to have Significant Impact on the Iron Ore Market

Retrieved on: 
Mardi, février 12, 2019

Just three years and two months after Samarco's tailings dam failed, the world's largest iron ore producer, Vale, saw one of its tailings dams collapse in Brazil.

Key Points: 
  • Just three years and two months after Samarco's tailings dam failed, the world's largest iron ore producer, Vale, saw one of its tailings dams collapse in Brazil.
  • CRU has closely monitored the situation and our analysis shows that the dam breach will have an immediate impact on iron ore supply, prices, quality and pellet premia.
  • In the medium and long term, we are expecting Brazilian iron ore to deteriorate in quality and production costs to increase, thus making the country less competitive in the global iron ore market.
  • A significant proportion of Brazil's iron ore does not require much processing, especially in the Para state, home to Vale's Northern System.