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Feijão Mine
The Brumadinho dam disaster occurred on 25 January 2019 when a tailings dam at the Córrego do Feijão iron ore mine suffered a dam failure, catastrophic failure. The dam, located east of Brumadinho in Minas Gerais, Brazil, is owned by the mining company Vale (company), Vale, which was also involved in the Mariana dam disaster of 2015. The collapse of the dam released a mudflow that engulfed the mine's headquarters, including a cafeteria during lunchtime, along with houses, farms, inns, and roads downstream. 270 people died as a result of the collapse, of whom 259 were officially confirmed dead, in January 2019, and 11 others were reported as missing. As of January 2022, six people were still missing. Background The Córrego do Feijão tailings dam, built in 1976 by and acquired by the iron ore mining corporation Vale S.A. in 2001, was classified as a small structure with low risk of high potential damage, according to the registry of the National Mining Agency. In a statement, ...
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Brumadinho
Brumadinho () is a Brazilian municipality in the state of Minas Gerais. The city belongs to the Belo Horizonte metropolitan mesoregion and to the microregion of Belo Horizonte. Brumadinho is at an altitude of 880 m. In 2020 the population was 40,666. The municipality is on the Paraopeba River. The Inhotim Museum of Contemporary Art, one of the most important art venues of Brazil, is in the city. The municipality contains part of the Serra do Rola-Moça State Park, created in 1994. History Brumadinho was settled in 1689. The Banda São Sebastião Musical Corporation, a symphonic band, was founded on May 13, 1929, by Tarcilio Gomes da Costa in Brumadinho. The municipality of Brumadinho itself was officially established on December 17, 1938. On January 25, 2019, the city was the victim of a tailings dam collapse that killed 270 people. The disaster released a mudflow that advanced over houses in a rural area near the city. See also * List of municipalities in Minas Ger ...
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Credit Rating
A credit rating is an evaluation of the credit risk of a prospective debtor (an individual, a business, company or a government). It is the practice of predicting or forecasting the ability of a supposed debtor to pay back the debt or default. The credit rating represents an evaluation from a credit rating agency of the qualitative and quantitative information for the prospective debtor, including information provided by the prospective debtor and other non-public information obtained by the credit rating agency's analysts. Credit reporting (or credit score) is a subset of credit rating. It is a numeric evaluation of an ''individual's'' credit worthiness, which is done by a credit bureau or consumer credit reporting agency. Sovereign credit ratings A sovereign credit rating is the credit rating of a sovereign entity, such as a national government. The sovereign credit rating indicates the risk level of the investing environment of a country and is used by investors when looki ...
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Petrobras
Petróleo Brasileiro S.A., better known by and Trade name, trading as the portmanteau Petrobras (), is a Brazilian state-owned enterprise, majority state-owned multinational corporation in the petroleum industry headquartered in Rio de Janeiro. The company's name translates to Brazilian Petroleum Corporation — Petrobras. The company was ranked #71 in the 2023 Fortune Global 500, ''Fortune'' Global 500 list. In the 2023 Forbes Global 2000, ''Forbes'' Global 2000, Petrobras was ranked as the 58th-largest public company in the world. History Petrobras was created in 1953 under the Second presidency of Getúlio Vargas, government of Brazilian president Getúlio Vargas with the slogan "The Oil is Ours" (Portuguese: "O petróleo é nosso"). It was given a legal monopoly in Brazil. In 1953, Brazil produced only 2,700 barrels of oil per day. In 1961, the company's REDUC refinery began operations near Rio de Janeiro, and in 1963, its Cenpes research center opened in Rio de Janeiro ...
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B3 (stock Exchange)
B3 S.A. – Brasil, Bolsa, Balcão (in English, ''B3 – Brazil Stock Exchange and Over-the-Counter Market''), formerly BM&FBOVESPA, is a stock exchange located in São Paulo, Brazil, and the second oldest in the country. Its current form can be traced back to May 8, 2008, when the São Paulo Stock Exchange (Bovespa) and the Brazilian Mercantile and Futures Exchange (BM&F) merged, creating BM&FBOVESPA. On March 30, 2017, BM&FBOVESPA merged with CETIP, creating ''B3''. It also has offices in Rio de Janeiro, Shanghai, and London. The benchmark indicator of B3 is the Índice Bovespa, more commonly known as ''Ibovespa''. There were 475 companies traded at Bovespa as of October 2022. On June 7, 2021, the Ibovespa index reached its record market closing above 130,776 points. History Founded on August 23, 1890, by Emilio Rangel Pestana, the "Bolsa de Valores de São Paulo" (São Paulo Stock Exchange, in English) has had a long history of services provided to the stock market and th ...
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Reais
The Brazilian real ( pl. '; sign: R$; code: BRL) is the official currency of Brazil. It is subdivided into 100 centavos. The Central Bank of Brazil is the central bank and the issuing authority. The real replaced the cruzeiro real in 1994. the real was the twentieth most traded currency. History Currencies in use before the current real include: * The ''Portuguese real'' from the 16th to 18th centuries, with 1,000 ''réis'' called the '' milréis''. * The '' old Brazilian real'' from 1747 to 1942, with 1,000 ''réis'' also called the '' milréis''. * The '' first cruzeiro'' from 1942 to 1967, at 1 cruzeiro = 1 ''milréis'' or 1,000 ''réis''. * The '' cruzeiro novo'' from 1967 to 1970, at 1 cruzeiro novo = 1,000 first cruzeiros. From 1970 it was simply called the '' (second) cruzeiro'' and was used until 1986. * The '' cruzado'' from 1986 to 1989, at 1 cruzado = 1,000 second cruzeiros. * The '' cruzado novo'' from 1989 to 1990, at 1 cruzado novo = 1,000 cruzados. From 1990, ...
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Cadmium
Cadmium is a chemical element; it has chemical symbol, symbol Cd and atomic number 48. This soft, silvery-white metal is chemically similar to the two other stable metals in group 12 element, group 12, zinc and mercury (element), mercury. Like zinc, it demonstrates oxidation state +2 in most of its compounds, and like mercury, it has a lower melting point than the transition metals in group 3 element, groups 3 through group 11 element, 11. Cadmium and its Congener (chemistry), congeners in group 12 are often not considered transition metals, in that they do not have partly filled ''d'' or ''f'' electron shells in the elemental or common oxidation states. The average concentration of cadmium in Earth's crust is between 0.1 and 0.5 parts per million (ppm). It was discovered in 1817 simultaneously by Friedrich Stromeyer, Stromeyer and Karl Samuel Leberecht Hermann, Hermann, both in Germany, as an impurity in zinc carbonate. Cadmium occurs as a minor component in most zinc ores and i ...
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Cubic Metres
The cubic metre (in Commonwealth English and international spelling as used by the International Bureau of Weights and Measures) or cubic meter (in American English) is the unit of volume in the International System of Units (SI). Its symbol is m3. Bureau International de Poids et Mesures.Derived units expressed in terms of base units". 2014. Accessed 7 August 2014. It is the volume of a cube with edges one metre in length. An alternative name, which allowed a different usage with metric prefixes, was the stère, still sometimes used for dry measure (for instance, in reference to wood). Another alternative name, no longer widely used, was the kilolitre. Conversions : A cubic metre of pure water at the temperature of maximum density (3.983 °C) and standard atmospheric pressure (101.325 kPa) has a mass of , or one tonne. At 0 °C, the freezing point of water, a cubic metre of water has slightly less mass, 999.85 kilograms. A cubic metre is sometimes abbreviated ...
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Open-air Museum
An open-air museum is a museum that exhibits collections of buildings and artifacts outdoors. It is also frequently known as a museum of buildings or a folk museum. Definition Open air is "the unconfined atmosphere ... outside buildings". In the loosest sense, an open-air museum is any institution that includes one or more buildings in its collections, including farm museums, historic house museums, and archaeological open-air museums. Mostly, "open-air museum" is applied to a museum that specializes in the collection and re-erection of multiple old buildings at large outdoor sites, usually in settings of recreated landscapes of the past, and often including living history. Such institutions may, therefore, be described as building museums. European open-air museums tended to be sited originally in regions where wooden architecture prevailed, as wooden structures may be translocated without substantial loss of authenticity. Common to all open-air museums, including the ...
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Inhotim
The Inhotim Institute is a Brazilian contemporary art museum. It is one of the largest outdoor art centers in Latin America. It was founded by the former mining magnate Bernardo Paz in 2004 to house his personal art collection, but opened to the public a couple of years later. In 2014, the open-air museum was one of TripAdvisor's top 25 best-ranked museums in the world. Located in Brumadinho (Minas Gerais), just 60 km away from Belo Horizonte, the institute has a total area of 1,942.25 acres, mostly located in the biome of the Atlantic Forest. Of the total area, 1,087.26 acres are marked as preservation areas, of which 359 acres are part of the Reserva Particular do Patrimônio Natural RPPN, which makes it a natural heritage site. These geographic features made it possible for Inhotim to house a botanical garden, which has been developing since it was opened. Etymology In the 1980s, Paz began buying tracts of land surrounding his modest farmhouse as developers threate ...
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Greater Belo Horizonte
Greater Belo Horizonte, Brazil, is the name usually used to describe the Belo Horizonte metropolitan region, which is composed of 34 municipalities. As of 2013, it is the third largest metropolitan area of Brazil with more than six million inhabitants; the largest city by population is Belo Horizonte. Cities In total, 34 municipalities are part of the Belo Horizonte Metropolitan area: Baldim, Belo Horizonte, Betim, Brumadinho, Caeté, Capim Branco, Confins, Contagem, Esmeraldas, Florestal, Ibirité, Igarapé, Itaguara, Itatiaiuçu, Jaboticatubas, Nova União, Juatuba, Lagoa Santa, Mário Campos, Mateus Leme, Matozinhos, Nova Lima, Pedro Leopoldo, Raposos, Ribeirão das Neves, Rio Acima, Rio Manso, Sabará, Santa Luzia, São Joaquim de Bicas, São José da Lapa, Sarzedo, Taquaraçu de Minas, Vespasiano. Metropolitan belt The metropolitan belt () of the Belo Horizonte metropolitan area is composed of 16 municipalities: Barão de Cocais, Belo Va ...
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