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Finance & business

Vale removes certain employees from dam safety roles following recommendation by authorities

Vale has received a recommendation from the Federal Attorney’s Office, the Public Prosecution Office of Minas Gerais, the Federal Police and the Civil Police of Minas Gerais (Task Force) a recommendation to remove some employees from office and to specifically forbid other employees from performing dam safety monitoring and/or risk management activities.

 
 

Northern Dynasty raises US$10 million for Pebble project development

Northern Dynasty Minerals has entered into an agreement as of Tuesday this week with Cantor Fitzgerald Canada Corporation and a syndicate of underwriters to purchase some of the company’s common shares to raise US$10 million for Pebble project development.

 
 
 
 
 
 
 

McEwen Mining suspends distribution

McEwen Mining Inc. has decided to suspend the distribution of half cent per share, which would have been paid on 15 March to shareholders of record on 8 March 2019.