Vale, BHP proposes new reparations offer

Miners Vale and BHP, and their joint venture Samarco, have presented Brazilian authorities with a new offer to settle reparations for a tailings dam collapse in 2015, reported Reuters. The new proposal totals 140 billion reais (US$26.09 billion), including 37 billion reais already disbursed in reparation measures, Vale said in a securities filing. It is 13 billion reais higher than…

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MACA scores second Atlas Iron contract

Mining services provider MACA has been awarded a contract by Atlas Iron to provide mining and drill and blast services at the Miralga Creek iron ore mine in Western Australia. Miralga Creek becomes MACA’s second active Atlas Iron contract, situated in close proximity to Sanjiv Ridge, a project awarded in June 2020 providing infrastructure, drill and blast, and load and…

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