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...
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...
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...