Brazil's Senate passed a bill on Wednesday that tightens the safety rules and inspection for dams in the mining industry, setting fines of up to 1 billion reais (US$ 200 million) for failure to comply.
State prosecutors in Brazil have identified cracks in a tailings dam owned by iron ore mining company Vale SA and have asked the firm to hire an independent auditor to look into the matter, a television station reported on Friday night.
Brazilian miner Vale SA on Wednesday said it swung to a quarterly loss as the company announced more than US$2 billion in fresh write-downs related to two deadly dam bursts suffered by the company over a period of less than four years.
Brazilian miner Vale SA said on Wednesday that it will fully resume operations at its Brucutu mine within 72 hours after an appeals court overturned an earlier ruling that halted processing because of concern about the safety of a nearby dam.
Brazilian prosecutors plan to file criminal charges against Vale SA and employees of the mining giant over the deadly collapse of a mine-waste dam in January, the lead investigator told The Wall Street Journal.
Executives at Vale SA, the world's largest iron ore miner, quashed efforts by Brazilian authorities to audit one of the company's mining dams months before it collapsed and killed over 300 people, a state prosecutor was quoted as saying by news website G1 on Wednesday.
Brazilian court has ordered Vale SA, the world's largest iron ore miner, to suspend operations at two more dams, demanding that it prove the structures are stable. The court decision dated Friday is the latest in a series of orders forcing Vale to halt operations at various dams that contain the muddy detritus of mining operations after one such barrier collapsed in January, killing some 300 people.
Brazil's mining agency (ANM) has ordered Vale to suspend operations at its Fabrica and Vargem Grande complexes, as part of an ongoing crackdown following last month's deadly dam break at the iron producer’s Corrego do Feijão mine.
Brazilian authorities arrested eight employees of mining giant Vale on Friday over a dam collapse at one of its mines three weeks ago that killed at least 166 people and left 147 missing, presumed dead.
A group of international non-governmental organizations on Tuesday demanded that Brazilian miner Vale SA be excluded from the United Nations' corporate responsibility pact, after a mining dam burst that killed an estimated 300 people.