Vale says routine check revealed cracks in dam, stability unchanged

Brazilian miner Vale said on Saturday that it is conducting checks on a dam after a routine inspection identified surface cracks but noted that the structure’s stability conditions remain unchanged.

In a securities filing, the company said the issue concerns the Forquilha III dam at the Fabrica iron ore mine, located in the city of Ouro Preto, in the southeastern Brazilian state of Minas Gerais.