Corumba (Brazil)

Type: City
Name: Corumba (Brazil)
Country: Brazil
Latitude: -19.01
Longitude: -57.639999
population: 96,523
First reported Oct 16 2014 - Updated Oct 16 2014 - 1 reports

MMX Mineracao seeks bankruptcy protection in Brazil

Brazil-based iron ore producer MMX Mineracao & Metalicos' subsidiary, MMX Sudeste Mineracao, has filed for bankruptcy protection from creditors in a Belo Horizonte court.MMX Sudeste controls the Serra Azul and Bom Sucesso ventures, and generates the majority ... [Published Mining Technology - Oct 16 2014]
First reported Sep 27 2014 - Updated Sep 27 2014 - 1 reports

Six missing after Paraguayan boat sinks

World Bulletin / News DeskSeven bodies have been recovered but six people are still missing after a Paraguayan tourist boat sank on the Paraguay River, Paraguayan authorities said Friday.So far, four of the recovered bodies were identified as Brazilian ... [Published World Bulletin - Sep 27 2014]

Quotes

MMX said in the statement: "Despite the management's efforts to negotiate with creditors and seek potential investors, the bankruptcy protection request appeared as the most adequate alternative given the company's economic and financial situation."

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MMX Mineracao seeks bankruptcy protection in Br... [Published Mining Technology - Oct 16 2014]
Batista’s MMX Follows Oil Unit in Bankruptcy Pr... [Published Bloomberg - Oct 16 2014]
Six missing after Paraguayan boat sinks [Published World Bulletin - Sep 27 2014]
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