Brazil Rejects Vale, BHP Settlement Offer for Deadly 2015 Mining Disaster May 6, 2024 Brazil and the state of Espirito Santo have rejected a proposal by miners Vale and BHP regarding reparations for the...
Vale, BHP Offer $25B Settlement for Mining Disaster, but Brazil Authorities Want More April 30, 2024 By Peter Frontini and Marta Nogueira Vale, BHP and their joint venture Samarco have presented Brazilian authorities with a settlement proposal related to reparations for the...
Vale Faces $3.8 Billion Claim in Dutch Case Over Mariana Dam Break in Brazil March 20, 2024 Victims of the 2015 Mariana dam break in Brazil are seeking about 3 billion pounds ($3.8 billion) in compensation from...
Brazil Orders Vale, BHP and Samarco to Pay $9.7B in Damages for 2015 Dam Disaster January 26, 2024 By Mariana Durao A Brazilian federal judge ruled that miners Vale and BHP and their joint venture Samarco must pay 47.6 billion reais...
Vale-BHP Talks With Brazil on Mine Disaster Compensation Delayed December 8, 2023 By Mariana Durao Talks over a multibillion-dollar settlement for a 2015 mining disaster at an iron ore venture of Vale SA and BHP...
Vale Loses Bid to Block BHP’s London Lawsuit in Brazil Dam Case August 8, 2023 Vale on Monday lost a bid to block fellow mining giant BHP Group’s bid to have it share potential liability...
Mining Giants BHP, Vale Face Off in London Court Over Brazil Dam Damages July 13, 2023 Mining giants BHP Group and Vale faced off in a London court on Wednesday over who should accept legal and...
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...