Communities hit by a dam disaster in Brazil two years ago which killed 270 people will get a $7bn (£5bn) payout. The Brumadinho dam contained waste from an iron ore mine but gave way, unleashing ...
An international institute that seeks to improve the safety of reservoirs that store toxic waste from mining known as ...
Last month, Vale (VALE) and BHP (BHP) reached an agreement with Brazil authorities that would see the two mining firms pay 170B reais (~$31.7B) related to the dam disaster in 2015.
Brazilian miner Vale SA churned out 327.7 million metric tons of iron ore in 2024, the highest in six years, though fourth-quarter production came in slightly below expectations.
following a similar disaster in 2015 at a nearby mine co-owned by Vale. Vale’s internal October report placed the Brumadinho dam within an “attention zone,” saying that “all prevention and ...
The Brumadinho tailings dam disaster in Brazil has killed more than 100 people as of Thursday, with hundreds more missing and feared dead. This video shows the moment the disaster began.
The collapse last month of a Vale dam in the same area unleashed an avalanche of mud killing an estimated 300 people in Brazil's deadliest mining disaster Around 200 residents were evacuated from ...
but we fear the potential liabilities for a disaster so similar to the one in 2015 will likely be heightened." Vale is set to report its fourth-quarter results on February 13, with analysts ...
a tailings-dam collapse at the Samarco mine in Brazil, co-owned by Vale and BHP Group Ltd., killed 19 and caused what analysts described as that country’s worst environmental disaster to date.