Brazilian mining firm Vale SA agreed to pay $55.9 million to settle charges related to allegedly false and misleading disclosures about the safety of its dams prior to a 2019 dam collapse in Brazil that killed 270 people, the U.S. …
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 …
The U.S. Securities and Exchange Commission (SEC) on Thursday sued Brazilian miner Vale for allegedly making false and misleading disclosures about the safety of its dams ahead of a 2019 disaster that killed 270 people. Beginning in 2016, Vale manipulated …
Vale and other Brazilian mining companies are set to miss a legal deadline in the state of Minas Gerais for the removal of all tailings dams built using a method linked to past collapses, and the industry is seeking to …
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 …
Ten water dams are being monitored for risk of bursting in Brazil after heavy rains in the country’s northeast killed at least 18 people and forced over 16,000 more to flee their homes in what local authorities are calling the …
London’s Court of Appeal made a U-turn on Tuesday by agreeing to reopen a $7 billion lawsuit by 200,000 claimants against Anglo-Australian mining giant BHP, reviving a case over a dam rupture behind Brazil’s worst environmental disaster. Lawyers for one …
RIO DE JANEIRO – A definitive settlement with miner Samarco and owners, BHP Group and Vale SA, for the damage caused by a burst tailings dam in 2015 could reach 100 billion reais ($19.06 billion), the governor of the Brazilian …
LONDON – London’s Court of Appeal will hear a request to revive a 5 billion pound ($6.95 billion) lawsuit against Anglo-Australian mining group BHP over a 2015 dam failure in Brazil, a court order showed. Judge Nicholas Underhill has agreed …
