Corumba (Brazil)

Type: City
Name: Corumba (Brazil)
Country: Brazil
Latitude: -19.01
Longitude: -57.639999
population: 96,523
First reported Aug 20 2014 - Updated Aug 21 2014 - 1 reports

MMX halts operations at Serra Azul mine for 30 days due to adverse ore prices

One day after saying it would not file a judicial recovery petition,usually a prelude to seeking bankruptcy protection, Brazilian mining companyMMX said Wednesday that low iron ore prices have forced a 30-day shutdown ofoperations at its Serra Azul m ... [Published Platts - Aug 20 2014]

Quotes

The mine closing was necessary due to "a prolonged, sharp iron ore price"

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MMX halts operations at Serra Azul mine for 30 ... [Published Platts - Aug 20 2014]
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