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BHP, Vale and Brazil
BHP, Vale Sign $30bn Compensation Deal With Brazil Over Mariana Dam Disaster
Mining giants BHP and Vale have committed nearly $30bn to compensate for the 2015 Mariana dam collapse and its impacts.
BHP, Vale sign $32B final settlement in Brazil dam disaster
BHP (NYSE:BHP) and partner Vale (VALE) said Friday they reached a final settlement with Brazilian authorities valued at 170B reais (~$31.7B) for a 2015 mining disaster at the companies Samarco iron ore joint venture.
BHP reaches $45b settlement over disaster
In a statement to ASX, BHP chief executive officer Mike Henry said the Samarco Fundão dam failure was a terrible tragedy that should never have happened, and must never be forgotten. Mr Henry said BHP have always been committed to supporting Samarco to do what’s right by the Brazilian people,
BHP, Vale, and Samarco reach $30 billion Fundão dam settlement
Miners BHP Group (ASX, NYSE: BHP), Vale (NYSE: VALE), and their joint venture Samarco reached a final settlement of R$170 billion ($29.93 billion) on Friday with Brazilian public authorities for reparations related to Samarco’s Fundão dam failure.
BHP Group Settles $29.93 Billion Reparation for Brazil's Dam Collapse
BHP Group has finalized a R$170 billion settlement with Brazilian Public Authorities for the 2015 Samarco dam collapse. This catastrophic event in Mariana led to 19 fatalities and severe pollution of the Rio Doce river.
BHP, Vale Reach $30 Billion Brazil Settlement Over Dam Disaster
Brazil has agreed to accept a 170 billion-real ($29.9 billion) settlement for a 2015 mining disaster at Vale SA and BHP Group’s iron-ore joint venture.
BHP faces fresh controversy in Samarco dam collapse settlement talks
BHP, in addition to demands for settlement in Brazil, is facing litigation over the collapse of the dam in London, which is complicating its attempts to finalise these agreements.
BHP nears $23.7bn settlement with Brazil over Samarco dam failure
Mining giant BHP has agreed to a massive $23.7bn settlement with the Brazilian government over the 2015 Samarco dam disaster.
Vale reaches settlement with Brazil for full reparation of Fundao dam collapse
Vale (VALE) said that Samarco, BHP Billiton Brasil (BHP) and Vale, together with the Brazilian Federal Government, the State Governments of
Brazil reaches $23 billion settlement with mining firms over 2015 environmental disaster
Brazil’s President Luiz Inácio Lula da Silva has signed an agreement worth tens of billions of dollars with the mining companies responsible for a 2015 dam collapse that was one of the country’s worst
Miners BHP, Vale Sign $32 Billion Settlement for Deadly 2015 Dam Collapse
The settlement between the two miners and the Brazilian government is the result of years of litigation after the dam collapse that killed 19 people and polluted more than 400 miles of river.
18h
BHP reaches $30 billion settlement for reparation of Brazil dam failure
Miner BHP Group said on Friday it has reached a R$170 billion ($29.93 billion) final settlement with Public Authorities in ...
11h
BHP Group Settles Samarco Dam Disaster Dispute
BHP Group Ltd (AU:BHP) has released an update. BHP Group Ltd, along with its joint venture partners, has finalized a significant settlement ...
Moneyweb
18h
BHP GROUP LIMITED – Samarco Update – Final Agreement with Public Authorities
BHP Brasil reaches final settlement with Public Authorities in Brazil for reparation of Samarco’s Fundão dam failure ‘The Samarco Fundão dam failure in 2015 was a terrible tragedy ...
4d
BHP’s dam disaster dealings leave a bad taste
BHP's tactics in Brazil may be going too far. On Friday, the miner, partner Vale and their Samarco joint venture in the ...
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