Brazilian miner Vale SA said on Tuesday that a local court had cleared the way f...
FILE PHOTO: A view of the entrance of Brucutu mine owned by Brazilian mining company Vale SA, in Sao Goncalo do Rio Abaixo, Brazil February 4, 2019. REUTERS/Washington Alves
Production at Brucutu has been halted since early February when a court order halted the adjoining Laranjeiras dam soon after the collapse of a Vale dam about 150 km away killed some 300 people. Vale shares jumped 2.8 percent in Sao Paulo on Tuesday to 51.90 reais each, recovering from a poor performance the day before when another court decision shut two more dams operated by the company.
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