Brazil Miner Vale to Pay $56M to Settle SEC Charges Related to Dam Safety Disclosures March 29, 2023 Brazilian mining firm Vale SA agreed to pay $55.9 million to settle charges related to allegedly false and misleading disclosures...
Brazil Fines Vale $16.9M for Lack of Reliable Details About Collapsed Tailings Dam August 16, 2022 By Mariana Durao Vale SA was fined 86.3 million real ($16.9 million) for not giving Brazil’s mining regulator accurate information on the conditions...
SEC Sues Brazilian Miner Vale Over ‘False and Misleading’ Claims About Safety of Dams April 29, 2022 By Chris Prentice The U.S. Securities and Exchange Commission (SEC) on Thursday sued Brazilian miner Vale for allegedly making false and misleading disclosures...
Brazilian Miners Likely to Miss Legal Deadline for Removal of Tailings Dams February 10, 2022 By Marta Nogueira Vale and other Brazilian mining companies are set to miss a legal deadline in the state of Minas Gerais for...
Heavy Rainfall in Brazil Halts Giant Iron Mines, Triggers Concerns About Tailings Dams January 12, 2022 By Mariana Durao Heavy rainfall is disrupting southeastern Brazil’s giant iron ore industry, with the world’s No. 2 producer Vale SA among companies...
Brazil’s Dams Monitored for Risk of Bursting After Heavy Rains Kill at Least 18 December 28, 2021 By Andrew Rosati and Isadora Calumby Ten water dams are being monitored for risk of bursting in Brazil after heavy rains in the country’s northeast killed...
London Court of Appeal Agrees to Reopen $7B Brazil Dam-Collapse Lawsuit Against BHP July 28, 2021 By Kirstin Ridley London’s Court of Appeal made a U-turn on Tuesday by agreeing to reopen a $7 billion lawsuit by 200,000 claimants...
Final Settlement for Brazil’s Samarco Mining Dam Disaster Could Reach $19 Billion July 20, 2021 By Rodrigo Viga Gaier RIO DE JANEIRO – A definitive settlement with miner Samarco and owners, BHP Group and Vale SA, for the damage...
London Court Will Reconsider $6.9B Suit Against BHP Over 2015 Brazil Dam Collapse May 7, 2021 By Kirstin Ridley LONDON – London’s Court of Appeal will hear a request to revive a 5 billion pound ($6.95 billion) lawsuit against...