Tag: Samarco

• Wednesday, February 24th 2016 - 06:05 UTC

  Homicide charges for seven top officials linked to Brazil's worst mining accident

  

  Brazilian authorities have charged the president of mining company Samarco and six others with homicide for the mining disaster that killed 19 people last November. Police in Minas Gerais State have asked for Ricardo Vescovi, along with five other Samarco executives and one contractor to be arrested.

• Friday, February 19th 2016 - 04:24 UTC

  Brazil biggest environmental disaster: compensation agreement could be signed this week

  

  The Brazilian government expects to reach an agreement by Friday with Samarco Mineração to settle a 20 billion-real (US$4.9 billion) lawsuit for damages in the deadly dam disaster which burst in inland Minas Gerais creating a tsunami of mud and waste that killed 17 people and reached the Atlantic ocean.

• Friday, January 15th 2016 - 12:24 UTC

  Criminal charges against mining companies involved in major waste spill in Brazil

  

  Police in Brazil said Thursday they have brought criminal charges against two mining companies and seven executives over a mine waste spill that buried a village and killed 17 people.Federal police accuse Brazilian iron ore giant Vale, mine operator Samarco and company officials including Samarco's chief executive, Ricardo Vescovi, of violating Brazil's environmental crimes law in connection with the disastrous November 5 collapse of a waste reservoir.

• Thursday, December 24th 2015 - 10:56 UTC

  Brazil is suing BHP and Vale 'at least' US$ 5bn for Minas Gerais mining disaster

  

  A Brazilian federal court has ordered BHP Billiton and Vale to set aside US$ 491.5 million, with the possibility of billions more, has frozen the mining giants' assets in the country, and ordered it to carry out extensive environmental and social work in the region hit by a dam burst at its joint venture.

• Wednesday, December 2nd 2015 - 12:38 UTC

  Brazil's worst mining disaster will stress test 'king iron' Vale's resources

  

  Brazil's deadly mining disaster could cost Vale SA at least US$443 million, but it is too early to put a price tag on what it expects to be a long clean-up from the pollution spilled when the toxic dam burst.

• Sunday, November 29th 2015 - 09:51 UTC

  Brazil plans to sue mining companies US$ 7.2bn on toxic mud spill

  

  Brazil's federal and state governments plan to sue the owners of the Samarco iron ore-miner for 20 billion Reais ($7.2 billion) in damages caused by the burst of a tailings dam, Environment Minister Izabella Teixeira told reporters on Friday.

• Friday, November 27th 2015 - 11:07 UTC

  Australia's BHP denies UN report on 'toxic' mine spill from collapsed dam in Brazil

  

  Australian mining giant BHP says mud spilled by the devastating collapse of a dam at a Brazilian mine is not toxic. On Thursday the UN said the dam burst at the Samarco mine unleashed a flood equivalent to “20,000 Olympic swimming pools of toxic mud”.

• Friday, November 20th 2015 - 10:16 UTC

  BHP Billiton and Vale face civil lawsuit of US$ 3.69bn over dam collapse in Brazil

  

  A BHP Billiton and Vale joint venture in Brazil is facing its first civil lawsuit over the dam collapse at its iron ore mine on November 5 that buried a town and contaminated the region's main river.

• Wednesday, November 11th 2015 - 07:07 UTC

  Brazil's mining disaster impacts BHP Billiton shares on fears of cleanup costs

  

  Investors continued to dump shares in mining giant BHP Billiton Ltd. following the deadly dam burst last week at its jointly owned iron-ore mine in Brazil, even as the company sought to clarify responsibility for the disaster that has already claimed the lives of three people.