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Anglo’s Brazilian Iron-Ore Unit Plans Production Ramp-Ups To Feed Chinese Market
Global mining major Anglo American’s Brazilian iron-ore subsidiary, Anglo Ferrous Brazil, expects world demand for iron-ore to return to normal within two years, and is planning to dramatically increase its production over the next six years, markets permitting.

Platinum Producer, Anglo American Cut Plan Investment on Metal Price Rout
Anglo American Plc, the mining company that controls the world’s biggest platinum producer, cut planned investment by more than half as a rout in metals prices thwarted its $45 billion expansion program.
Anglo American Delay Iron Ore Mine Exploration Project and To Reduce 40% Platinum Production
Anglo American Plc, the world’s biggest platinum producer, may cut spending plans for next year by more than 40 percent, reduce platinum output and delay iron- ore projects as metals prices sink.
Brazilian Mining Company, Companhia Vale Advance Apolo Iron Ore Project in Brazil
Apolo iron ore project is project iron ore mine exploration located near the cities of Caete and Santa Barbara in the state of Minas Gerais.
This project is one of exploration of a real potential iron ore mine for Brazil. The company managing and exploration this mine is Companhia Vale do Rio Doce.
To increase result of [...]
Anglo Develops Invesment of Mine exploration in Brazilian
Expand to invest mining exploration equipment, Anglo Purchase for Brazilian Iron Ore Mines
Anglo American Plc, the world’s fourth-biggest diversified mining company, will complete the $5.5 billion purchase of two Brazilian iron ore mines by Aug. 5 after being delayed by a police probe.
Eike Batista, the mines’ controlling shareholder, is being investigated for alleged gold smuggling [...]
Mining merger would boost competition in Brazil
Resource-rich Brazil is in the crosshairs of world mining giants as they race to uncover new deposits to feed red-hot demand for metals from fast-growing economies such as China.
Analysts say the possible mining sector takeover of Rio Tinto by BHP Billiton would boost competition for CVRD on its home turf in Brazil, where some of [...]
MMX Seeks About $1.4 Billion of State Loans for Brazilian Mine
MMX Mineracao e Metalicos SA, the Brazilian mining company controlled by billionaire Eike Batista, will seek about $1.4 billion of state development bank loans for its Minas-Rio iron-ore project in Brazil.
The loans will help the company and partner Anglo American Plc, the world’s second-largest mining company, build the $2.35 billion Minas-Rio iron-ore project, Paulo Gouveia, [...]
Majescor to Receive $3.75 Million From the Sale of Brazilian Diamond Assets
Majescor Resources Inc. reports that it has reached an agreement with Vaaldiam Resources Ltd. (TSX: VAA) for the sale of Majescor’s 40% interest in the Brauna diamond deposit and for Majescor’s 100% interest in the Tres Marias property, both of which are located in Brazil.
Under the terms of the agreement for the Brauna and [...]
Brazilian company inaugurates world’s biggest iron ore complex
The Brazilian mining company CVRD inaugurated on Thursday the Brucutu Project, the biggest iron ore complex in initial production capacity in the world.
Brucutu is a complex that combines an iron ore mine and plant at the same site. The company has invested 1.1 billion U.S. dollars in the project, with 26,000 staff, including those directly [...]
