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...
Mining Giants BHP, Vale Accused of Colluding to Cut Payouts to Victims of Dam Collapse October 26, 2020 Brazilian federal prosecutors have accused mining giants BHP and Vale of colluding with a lawyer to reduce compensation for victims...
Prosecutors Want Brazil Court to Make Vale Mine Replace Executives Tied to Lax Safety September 4, 2020 By Marta Nogueira and Sabrina Valle Federal prosecutors in Brazil’s Minas Gerais state are seeking a court order for miner Vale SA to replace executives they...
Mining Groups Should Be Required to Buy Insurance for Tailings Dams: Report June 30, 2020 Mining companies should be required to buy private insurance for tailings dams and their board of directors should be held...
Brazil’s Vale Knew Deadly Tailings Dam Was Unsafe as Far Back as 2003: Report February 24, 2020 By Anthony Boadle and Gram Slattery An independent investigation requested by Brazilian iron ore miner Vale SA into the causes of the Brumadinho tailings dam disaster...
Vale Says Mine Collapse in Brazil Partially Linked to High Water Level December 13, 2019 By Christian Plumb The deadly collapse of a Vale SA’s mining waste dam in Brazil was partially triggered by “a persistently high water...