January 4, 2016
Within hours of a deadly mining spill in November that would become Brazil’s worst environmental disaster, BHP Chief Executive Andrew Mackenzie was in front of a camera offering his sympathies to those affected. Meanwhile, his counterpart at joint venture partner …
November 30, 2015
Brazil’s federal and state governments plan to sue the owners of the Samarco iron ore miner for 20 billion reais ($5.24 billion) in damages caused by the burst of a tailings dam, Environment Minister Izabella Teixeira told reporters on Friday …
November 20, 2015
Brazil’s worst mining accident will lead to stricter insurance standards under a revised version of an industry bill first introduced to Congress two years ago. The cost of damage to communities, loss of life and environmental consequences from the Nov. …
November 18, 2015
As miners globally review the way they store waste in the wake of another horrific dam spill, the solution may be as simple as it is dramatic: spend a lot more. Images of sludge spewing into towns and rivers could …
November 16, 2015
The collapse of two dams at a Brazilian mine has cut off drinking water for quarter of a million people and saturated waterways downstream with dense orange sediment that could wreck the ecosystem for years to come. Nine people were …
November 13, 2015
Brazil’s president slapped preliminary fines of 250 million reais ($66.2 million) against a mine in the country’s southeast where two dams burst, killing nine people and coating a two-state area with mud and mine waste. The fines, announced after President …
November 12, 2015
Brazil’s government said on Wednesday it may fine mining giants BHP Billiton Ltd and Vale SA for the “environmental catastrophe” caused by ruptured dams at an iron ore mine jointly owned by the companies in a southeastern state. The government …
November 11, 2015
Marco Antonio Rossi, the top executive at the insurance arm of Brazil’s second-largest private-sector lender Banco Bradesco SA, was killed in a plane crash, the bank said in a statement on Wednesday. Rossi, 54, was aboard a Cessna Citation VII …
November 11, 2015
Insurers covering risks for a Brazilian mine where two dams burst last week, killing at least six people, could pay up to $600 million in claims, a source with direct knowledge of the matter said on Monday. A property policy …