Brazil Vale dam near site of January disaster has ‘cracks’
Mining News Pro - State prosecutors in Brazil have identified cracks in a tailings dam owned by iron ore mining company Vale SA and have asked the firm to hire an independent auditor to look in to the matter, a television station reported on Friday night.
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Brazil Vale SA’s iron ore price drops, Q1 net income slumps,
Mining News Agency- According to the announcement from Companhia Vale do Rio Doce (Vale SA), the sharp declining in iron ore prices in the first quarter affected the company`s earnings.
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