Brazilian mining news

ERG’s BAMIN has signed letters of intent with BNDES and Banco do Nordeste for the financial structuring of its integrated iron ore mining and logistics project in Bahia State, Brazil.

AngloGold Ashanti Brasil has placed the Corrego Do Sitio Mine in Brazil’s Minas Gerais state on care after sustained challenging operating results characterised by poor production and high costs.

Haver & Boecker Niagara has opened a new service and support facility in Parauapebas, Brazil, to provide service and support for mining operations throughout the region.

Applications for initial environmental and social licenses are expected to be made by year-end following the completion of ongoing environmental impact assessment studies.

The Atlantic Nickel nickel sulphide mine in Santa Rita and the Mineraçao Vale Verde copper mine in Serrote will be acquired on a cash and debt-free basis from funds advised by Appian for an enterprise value of US$1 billion.

Anglo American has signed an agreement for the acquisition of the full export volumes of BAMIN’s Pedra de Ferro mine for 2023.

Fênix DTVM and Minespider, a company offering a traceability platform to make mineral supply chains more sustainable, have completed the first stage of their gold traceability project.

Vale has begun commissioning the Gelado project in Carajás, Brazil, which will produce high-quality pellet feed by reusing the tailings that have been deposited in the Gelado dam since 1985.

Vale has announced the reorganisation of nickel and copper operations in Brazil.

Lithium Ionic has completed the acquisition of the Galvani Lithium Licenses in Minas Gerais, Brazil.