Samarco News

Final Settlement for Brazil’s Samarco Mining Dam Disaster Could Reach $19 Billion

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 …

London Court Will Reconsider $6.9B Suit Against BHP Over 2015 Brazil Dam Collapse

LONDON – London’s Court of Appeal will hear a request to revive a 5 billion pound ($6.95 billion) lawsuit against Anglo-Australian mining group BHP over a 2015 dam failure in Brazil, a court order showed. Judge Nicholas Underhill has agreed …

Lawsuit Against BHP over Brazil Dam Collapse Fails on Appeal in English Court

LONDON – A 200,000-strong Brazilian claimant group said on Wednesday it had failed to resurrect a 5.0 billion pound ($6.9 billion) English lawsuit against Anglo-Australian mining giant BHP over a devastating 2015 dam failure. The Court of Appeal agreed with …

Brazilian Dam Claimants to Take BHP Class Action to English Court of Appeal

Lawyers for about 200,000 Brazilian claimants, whose multi-billion dollar lawsuit against Anglo-Australian miner BHP over a 2015 dam collapse was struck down last November, said on Tuesday they will petition the English Court of Appeal to review the case. “This …

Miner BHP Calls $6.3B English Lawsuit over Brazil Dam Collapse ‘Pointless and Wasteful’

Anglo-Australian miner BHP has dismissed as pointless and wasteful a 5 billion pound ($6.3 billion) English lawsuit by 200,000 Brazilian people and groups over the 2015 collapse of a dam that led to Brazil’s worst environmental disaster. Kicking off an …

Anglo-Australian Miner BHP Faces $6.3B Lawsuit in UK over 2015 Brazil Dam Disaster

More than 200,000 Brazilian people and groups will next week kick off a 5 billion-pound ($6.3 billion) lawsuit against Anglo-Australian miner BHP in Britain over a 2015 dam failure that led to Brazil’s worst environmental disaster. The group claim, one …

Mining Giant BHP Faces $5B Damages Claim over 2015 Brazil Dam Disaster

Anglo-Australian mining giant BHP is facing a landmark, $5.0 billion damages claim in England for being “woefully negligent” in the run-up to a 2015 dam failure that led to Brazil’s worst environmental disaster, a lawsuit alleges. The claim, which will …

Brazil’s Burst Dam Disasters Blamed on Cheap Storage of Mining Waste

The deadly collapse of a Vale SA tailings dam in Brazil is serving as a wake-up call for an industry that regularly cuts costs by storing mining waste in the cheapest possible way. The slurry of ground rock and effluents …

Brazil Dam Disaster Could Delay Settlement for 2015’s Samarco Mine Disaster

Brazil’s deadly tailings dam collapse is likely to complicate a settlement for a similar disaster less than four years ago at the Samarco iron ore mine, owned jointly by Vale SA and BHP Group, investors said on Tuesday [Jan. 29]. …

Brazil Weighs Management Overhaul at Vale After Mine Disaster; Death Toll Rises

Brazil’s government weighed pushing for a management overhaul at iron ore miner Vale SA on Monday as grief over the hundreds feared killed by a dam burst turned into anger, with prosecutors, politicians and victims’ families calling for punishment. By …