Latin America

BHP Billiton hits decade low on Brazil tragedy updateBHP revealed the tailings now extend 440 kilometers (273 miles) downstream through remote mountain valleys from the mine site.  BHP Billiton (ASX:BHP) shares collapsed Friday in Sydney, hitting a 10-year low after the world’s largest miner revealed the death toll from a…
Peruvian Shahuindo project first pour early next yearShares of Tahoe Resources Inc (NYSE:TAHO) shone in an otherwise lacklustre day on precious metals markets after the company announced better than expected third quarter financial results on the back of a strong operational performance and near-record breaking cash flows despite the fall…
If you enjoy the feeling of being trapped, maybe you’ll enjoy The 33. The unavoidable consequence of making a movie in which the main characters are confined to a small, dark space for much of the film is that there’s little forward movement. It’s a narrative dependent on absence: the…
Vale (NYSE:VALE) said on Monday that it would take several years for Brazil's Doce river to recover following a deadly tailings dam burst at an iron ore mine it jointly owns with BHP Billiton (LON:BHP, ASX:BHP). In an update Friday, BHP revealed that mine tailings—a mix of water, iron and…
Global coal imports heading for second year of ‘dramatic’ dropsNearly all of the 47% growth in total world coal trade between 2008 and 2013 was driven by rising coal import demands by countries in Asia, specifically China and India… Not anymore. This has been a particularly bad week for the…
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