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Vale misled public on dangerous dams, prompting Brazil probe: source

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RIO DE JANEIRO/BRASILIA/SAO PAULO (Reuters) – Faced with public outrage after its second mining dam collapse in four years killed at least 240 people in Brazil, Vale SA misrepresented what it had done to shut down its riskiest dams, a review of the company’s statements shows. The logo of the Brucutu mine owned by Brazilian Read More

U.S. ‘falling behind’ in global race to develop electric vehicle supply chain

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WASHINGTON (Reuters) – The United States is losing the race to extract and refine minerals used to make electric vehicles and should do more to spur domestic production, a bipartisan group of senators said on Tuesday. FILE PHOTO: U.S. Senator Lisa Murkowski (R-AK) speaks with reporters off the Senate floor in Washington, U.S., May 23, Read More

Investing green is all the rage, but benchmarks still hazy

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SYDNEY (Reuters) – Global money managers and companies are rushing to meet a deadline to report on their carbon footprint, but the lack of a standard metric raises concerns their efforts could just be a box-ticking exercise in the transition from brown to green. FILE PHOTO: Power-generating windmill turbines are pictured during sunset at a Read More

AVEVA builds on continued success to deliver end-to-end digital transformation

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9/12/2019 CAMBRIDGE, UNITED KINGDOM – Eighteen months on from completing its combination with Schneider Electric’s industrial software business, AVEVA is positioned as the first company in the engineering and industrial software market to comprehensively address the end-to-end digital transformation imperatives with an integrated portfolio of solutions that deliver efficiency, unlock value and empower people across Read More

ADNOC CEO, Russian energy minister meet to explore collaboration potential

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9/12/2019 ABU DHABI – Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of ADNOC and Alexander Novak, Minister of Energy of the Russian Federation met to explore potential opportunities for collaboration as ADNOC seeks to expand its strategic partnership and investment base across its entire value chain. Minister Novak Tours ADNOC’s Read More

The challengers to China’s rare earth monopoly

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Rare earth metals have been a weakness for the US in the ongoing trade war, but new exploration efforts in the US and Australia could change the situation completely. Dominance is not a word that the Pentagon and the White House like to hear when it’s not preceded by “US.” Right now, amid a trade Read More

World Gold Council sets out environmental, ethical mining guidelines

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LONDON (Reuters) – The World Gold Council (WGC) on Thursday published a set of guidelines for gold miners designed to encourage high environmental and ethical standards. FILE PHOTO: An aerial view shows the location of an illegal gold mine as its machines are destroyed in an operation conducted by the Brazilian Institute for the Environment Read More

Global mining panel looks to boost accountability after Brazil disaster

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BELO HORIZONTE, Brazil (Reuters) – New safety standards being drawn up by a global mining industry panel will include rules to better define management accountability after Vale SA’s (VALE3.SA) January tailings dam disaster, a top industry official said on Wednesday. FILE PHOTO: A view of a collapsed tailings dam owned by Brazilian mining company Vale Read More

Brazil mining standards, post-Vale disaster, aim to boost accountability

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BELO HORIZONTE, Brazil (Reuters) – A mining industry panel in Brazil, tasked with drawing up new safety standards after Vale SA’s (VALE3.SA) January tailings dam disaster, will include rules to better define management accountability, an industry group head said on Wednesday. FILE PHOTO: A view of a collapsed tailings dam owned by Brazilian mining company Read More