ESG

Vale evacuates people near Mar Azul mine in Minas Gerais

Embattled Brazil miner Vale (BZ: VALE3) evacuated more than 100 people over the weekend “as a precautionary measure” after reviewing data for the inactive B3/B4 upstream tailings dam at its Mar Azul mine in the Minas Gerais state.

Staff reporter
 Vale said the red detailed the latest evacuation area

Vale said the red detailed the latest evacuation area

It is the same state where more than 300 people were killed or are still missing since Vale's fatal Córrego de Feijão tailings dam collapse in Brumadinho last month.

The company said on Saturday it was removing 200 people from the area in the region of Macacos.

In an update on Sunday, Vale said it had registered 110 people with 42 at hotels and the others opting to stay with relatives.

Vale said the B3/B4 dam had been constructed using the upstream method and was part of the decommissioning project, with the company responsible for decommissioning detecting the "geotechnical and geological model could be different from that used today".

Vale said there had not been any changes to the dam's technical data over the last months and said new inspections were being conducted together with Brazil's national mining agency (ANM).

The company said it chose to activate its dam emergency action plan and evacuate the area as a preventative measure until "divergences about the model are resolved".

ANM had ordered Vale to evacuate about 500 people downstream of its Sul Superior dam, also in Minas Gerais, earlier this month after consulting company Walm denied issuing the stability condition statement for the tailings dam.

Meanwhile, Vale said in a separate statement it was "fully cooperating with the authorities" in relation to their investigations into the Feijão disaster.

Reuters reported police arrested eight Vale employees on Friday, accused of covering up weaknesses at the tailings dam, and executed 14 search warrants which targeted employees at Vale and German auditing firm TÜV SÜD, which had certified the dam as stable.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.

editions

Mining Journal Intelligence Global Leadership Report 2023: Social licence

Gain insights into social licence trends and best practices from interviews with 20+ top mining company executives and an industrywide survey.