Vale SA News

Brazil Vows to Make BHP & Vale Pay Fine & Cleanup Costs for Mine ‘Catastrophe’

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 …

Insurers Face Claims of $600 Million from Brazilian Mine Disaster: Sources

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 …