Vale SA, BHP Group and their Samarco iron ore venture must pay 47.6 billion reais ($9.7 billion) in compensation for damages caused in a 2015 tailings dam disaster in Brazil, a judge ruled. The decision allows for the companies to …
The U.S. Securities and Exchange Commission on Thursday sued Brazilian miner Vale SA 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 …
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 …
Vale SA reached a settlement agreement with Brazilian authorities for a dam collapse that killed 270 people and led to production cutbacks that stripped the company of the title of world’s biggest iron ore producer. The deal comes two years …
RIO DE JANEIRO — Federal prosecutors in Brazil’s Minas Gerais state are seeking a court order for miner Vale SA to replace executives they accuse of disregarding safety methods in the aftermath of two deadly mining disasters. They have asked …
JOHANNESBURG/TORONTO — Mining companies need more skilled engineers if they are to meet strict new global safety standards for tailings dams aimed at preventing catastrophic failures like those in recent years that have killed hundreds of people and inundated nearby …
TORONTO–A sweeping global standard that sets out how the world’s largest miners care for waste dams falls short of measures environmental and civil society groups say are needed to avert future disasters, according to a copy of the final draft …
SAO PAULO — The deadly collapse of a Vale SA’s mining waste dam in Brazil was partially triggered by “a persistently high water level” that caused the structure to lose strength and stability, according to a report by a panel …