Vale – Page 13 – Republic of Mining

NEWS RELEASE: TWO NORTHERN ONTARIO ORGANIZATIONS AMONGST WINNERS OF VALE COVID-19 CHALLENGE

May 11, 2020

May 8, 2020 – On April 3, the Vale COVID-19 challenge was launched in Canada to help propel innovative COVID-19 solutions developed by companies, startups, institutions, universities or professionals into the marketplace by offering financial support of up to USD $1M.

A total of nearly 1,800 solutions were submitted globally, of which over 300 came from within Canada. All solutions were carefully reviewed by a select group of employees as well as external partners and supporters, which, in Canada, included:

• Mater Dei Hospital in Brazil,
• Dr. Ken Jenkins (Horizon supported by TELUS Health),
• Dr. Farrell Cahill (Medisys supported by TELUS Health),
• Dr. Greg Ross (Health Sciences North Sudbury),
• Don Duval (NORCAT),
• Dr. Shahid Husain (University Health Network)
• Sheryl Thingvold (MaRS Discovery District).

Iron ore wars: the fall of Vale and the rise of Rio Tinto – by JP Casey (Mining-Technology – May 5, 2020)

May 7, 2020

https://www.mining-technology.com/

In the wake of the Brumadinho dam tragedy, Vale has lost its position as the world’s top iron ore producer. We consider what contributed to its decline, and how Rio Tinto has taken advantage of its struggles to become the industry’s new iron ore leader.

Vale has finally lost its position as the world’s largest iron miner. The Brazilian mining giant saw its production crater in 2019, as the tragic impacts of a collapsed tailings dam at its Brumadinho operation were felt across the iron ore sector. 300 people were killed or left missing by the disaster, sparking internal investigations and external outrage as Vale’s reputation crumbled.

While the human cost of the disaster is the most significant impact, there have been a number of financial and operational effects for Vale, and few of them positive. The miner’s total iron ore output was 301,972 million tonnes in 2019, 21.5% lower than in 2018, with a decline of 55.2% at its Southern System projects leading the way.

Vale mulling offers for New Caledonia nickel assets – by Cecilia Jamasmie (Mining.com – April 29, 2020)

April 29, 2020

https://www.mining.com/

Vale (NYSE: VALE), the world’s top producer of nickel and iron ore, has received non-binding offers for its operations on the Pacific island of New Caledonia, it said in a conference call on Wednesday.

The Brazilian mining giant said it expected to have “relevant news” on the topic within a month or two.

Vale put its New Caledonia nickel assets on the block in December. The decision came after it had to write down $1.6 billion in the fourth quarter related to the ailing mines, the world’s biggest nickel operations.

NEWS RELEASE: VALE LAUNCHES $1 MILLION COVID-19 CHALLENGE (April 4, 2020)

April 7, 2020

April 4, 2020 – Vale is joining the fight against COVID-19 by launching the Vale COVID-19 Challenge, offering up to USD $1 million to propel innovative COVID-19 solutions into the marketplace. The challenge is open in Canada and Brazil with each selected solution eligible to receive up to USD $200,000.

Companies, startups, institutions, universities and professionals with innovative solutions to help our communities and lessen the impact of COVID-19 are invited to participate.

Vale has proudly partnered with experts from the healthcare sector who will assist in the technical evaluation of the submissions. Dr. Ken Jenkins (Horizon Occupational Health Solutions), Dr. Farrell Cahill (Medisys), Dr. Greg Ross (Health Sciences North Sudbury) and Don Duval (NORCAT) will join members of Vale’s leadership team to evaluate the solutions submitted in Canada.

Sudbury doctor makes online plea for N95 masks – by Sarah MacMillan (CBC News Sudbury – March 21, 2020)

March 23, 2020

https://www.cbc.ca/news/canada/sudbury/

Mining company Vale responds, offering to donate 500 masks

Health Sciences North is receiving offers of personal protective equipment, following an online plea from a doctor at the Sudbury hospital.

In a Facebook post Friday evening, Dr. Lacey Pitre said the hospital needs N95 masks, and called on anyone who might have the protective respirator masks — from veterinarians, to construction workers to mining companies — to contact the hospital.

“If you have any N95 masks and you are not using them for direct patient care – reach out to our team at HSN. They will be used”, Pitre wrote in her post, which she called a “request of the utmost importance.”

Vale & NORCAT VR training partnership. Extraordinary ways to the do the ordinary – by Len Gillis (Sudbury Mining Solutions Journal – March 2020)

March 17, 2020

https://www.sudburyminingsolutions.com/

With all the excitement over virtual reality (VR)and how it can change the workplace with high tech opportunities, mining company Vale has partnered with innovation leader NORCAT in Sudbury to carry out a very necessary part of business.

Jason Bubba, NORCAT’s director of training, said Vale is launching a new program that takes advantage of NORCAT’s extraordinary training centre to do something quite ordinary – training new hires.

“What we’re building right now are virtual reality pre-operational check programs for three pieces of underground equipment — for a forklift, for a scissor deck and for a utility vehicle,” said Bubba. “So these pieces are for entry-level workers so they can be trained on the equipment that they’re first going to use when they go to work for Vale.”

Vale ramping down operations at Voisey’s Bay (CBC News Newfoundland-Labrador – March 17, 2020)

March 17, 2020

https://www.cbc.ca/news/canada/newfoundland-labrador/

Safety of remote Indigenous communities top of mind, company says

Brazilian mining giant Vale is placing its Labrador nickel mine under “care and maintenance” protocols for the next four weeks amid concerns about COVID-19.

The remote mine, just south of Nain on the northern coast of Labrador, has about 900 workers on site. It is accessible only by air, and has employees from all over Canada.

No employees have tested positive for the virus, but the company said it was taking steps to keep it that way.

Vale hiring blitz draws a crowd – by Mary Katherine Keown (Sudbury Star – February 26, 2020)

February 26, 2020

https://www.thesudburystar.com/

Copper Cliff may have experienced its first-ever traffic jam on Tuesday as hundreds of people flocked to the hamlet for the Vale hiring pop-up.

More than a thousand hopeful applicants attended the employment event on day one, which saw the mining company recruiting for underground miners; supervisors; tradespeople; equipment technicians; engineers; technologists; and support staff.

Traffic was backed up at one point to the arena and it took nearly 40 minutes to reach the Copper Cliff Club from Jube’s Bar + Grill. Most people spent another 45-60 minutes waiting in line in the cold, just to enter the building.

Internal probe confirms Vale knew Brumadinho dam was unsafe – by Cecilia Jamasmie (Mining.com – February 21, 2020)

February 21, 2020

https://www.mining.com/

Brazilian iron ore miner Vale (NYSE: VALE) has published the results of an independent report into the Córrego do Feijão mine’s tailings dam collapse that killed 270 people last year, which reveals the company knew about the facility’s fragile condition since 2003.

According to the document, prepared by a committee formed by Vale last year, concerns about how unstable the main B1 dam was were raised at various points over the course of 16 years, but the miner failed to appropriately deal with them.

Last month, state prosecutors charged Fabio Schvartsman, the chief executive at the time of the burst, and 15 other people with homicide. Schvartsman left his position at the company in March 2019.

Sudbury’s iconic Superstack easing into retirement – by Jim Moodie (Sudbury Star – February 19, 2020)

February 19, 2020

https://www.thesudburystar.com/

One of two new, smaller stacks already in operation

The long plumes that used to flow from the Superstack in Copper Cliff have been reduced to wisps as the mega chimney nears retirement and two mini versions take over.

You could call it a passing of the baton, although in this case it’s more like breaking one really big one in half. In fact, each of the replacement stacks is closer to a third of the size of the original.

The Superstack stretches 1,250 feet in height and is more than 100-feet-wide at its base. The new stacks are much slimmer and top out at 450 feet. Lights now adorn the shorter towers and one is already emitting puffs of smoke.

‘Transformation’ is in the air at Vale – by Ian Ross (Northern Ontario Business – February 12, 2020)

February 13, 2020

https://www.northernontariobusiness.com/

Electric vehicle market, carbon neutral plans, environmental safeguards part of Sudbury miner’s current and future operations

The thrust of Dino Otranto’s presentation was on the transformational challenges ahead for base metal mining giant Vale to create a business that’s sustainable in the Sudbury basin for generations to come.

But the opening image he flashed to a Greater Sudbury Chamber of Commerce lunchtime crowd on Feb. 11 was of the Brumadinho tailings dam break at Vale’s Córrego do Feijão iron ore mine in Brazil on Jan. 25, 2019. It was the company’s second major dam breach in that country in four years.

The man-made environmental catastrophe at Brumadinho produced a toxic mudflow that swept away the company’s offices, and houses, farms and roads in a nearby village, and contaminated a major river system.

Editorial: Uncertainty lingers as Vale switches Thompson bosses again (Thompson Citizen – February 12, 2020)

February 13, 2020

https://www.thompsoncitizen.net/

The removal of Gary Eyres as head of Vale’s Manitoba Operations and his replacement with Franco Cazzola, who formerly worked in Thompson for a few years from 2005 to 2008, indicates that things are still in flux at the Thompson mining and milling operation.

As a result, the uncertainty that first took hold of Thompson nearly a decade ago when the Brazilian mining company that purchased Inco in 2006 announced that it was shutting down the smelter and refinery still lingers, even after the axe has fallen.

In the lead up to the closure of the smelter and the refinery in mid-2018, people didn’t know what to expect. Obviously, the loss of a few hundred good paying jobs was going to have a trickle-down effect and it has, as several businesses have closed up shop over the past few years, though sometimes it is because their owners couldn’t find buyers or family members to take over the operations from them.

Brazil’s Vale loses spot as world’s top iron ore producer to Rio Tinto – by Gram Slattery (Reuters U.S. – February 11, 2020)

February 12, 2020

https://www.reuters.com/

RIO DE JANEIRO (Reuters) – Brazil’s Vale SA on Tuesday posted a sharp output decline and $671 million in net additional provisions stemming from a deadly dam burst about a year ago, underlining the enduring effects of the incident on the iron ore giant.

In a statement, the company reported a 22.4% fall in fourth-quarter iron ore production from the same period last year and a 9.6% drop in quarterly terms. With that, Vale officially lost its position in 2019 as the world’s top iron ore producer to Rio Tinto.

In late January 2019, a Vale-owned tailings dam in the town of Brumadinho burst, killing some 270 people. The incident led to serious production stoppages, pledges by Vale to reconstruct or decommission many of its other dams and the firing of a number of executives.