Miners Vale, BHP and Samarco are discussing a near $30 billion compensation deal with Brazilian authorities related to the 2015 Mariana dam collapse, they said on Friday, with an agreement set to be signed on Oct. 25, sources said. The …
A Brazilian federal judge ruled that miners Vale and BHP and their joint venture Samarco must pay 47.6 billion reais ($9.67 billion) in damages for a 2015 tailings dam burst, according to a legal decision on Thursday seen by Reuters. …
Talks over a multibillion-dollar settlement for a 2015 mining disaster at an iron ore venture of Vale SA and BHP Group have been suspended by a Brazilian court until early 2024 after the companies and authorities in the country failed …
Vale SA was fined 86.3 million real ($16.9 million) for not giving Brazil’s mining regulator accurate information on the conditions at a tailings dam that collapsed three years ago, killing 270 people in the deadliest mining disaster in the country’s …
Heavy rainfall is disrupting southeastern Brazil’s giant iron ore industry, with the world’s No. 2 producer Vale SA among companies to halt operations and regulators dispatched to monitor any impact on tailings dams. Vale partially suspended services on the Estrada …
