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Responding to the tragedy following the failure of the Fundão tailings dam at Samarco on 5 November 2015 is a priority for BHP Billiton. Our team in Brazil are focused on doing everything they can to support the response efforts, repair and maintain existing dams, rebuild communities and restore the environment impacted by the dam failure.
This release provides a further update following the breach of the Fundão tailings dam and Santarém water dam at the Samarco Mineração S.A (Samarco) iron ore operation in Minas Gerais, Brazil which occurred on 5 November 2015. BHP Billiton and Vale each hold a 50 per cent interest in Samarco. At ...
On 2 March 2016, Samarco Mineração S.A. (Samarco), Vale S.A. (Vale), BHP Billiton Brasil Ltda (BHP Brasil) (the Companies), and the Federal Government of Brazil, the Brazilian states of Espirito Santo and Minas Gerais and other public authorities entered into a Framework Agreement that provides for the settlement of the BRL20 billion Civil Claim.
Samarco and its parent companies, BHP Billiton and Vale, have entered into a preliminary agreement with Brazilian federal prosecutors to settle the civil claim over the 2015 Fundão tailings dam failure for roughly US$47.5 billion. The amount will cover social, environmental and .
BHP Billiton is being sued for about $5 billion for its part in the Samarco dam collapse in Minas Gerais, Brazil, in November 2015 that left 19 people dead and nearby communities devastated. U.K.-based SPG law firm filed the class action in Liverpool high court on Monday, May 6.
BHP has reached an agreement to settle the class action complaint filed in the US District Court of the Southern District of New York on behalf of purchasers of American Depositary Receipts of BHP Billiton Limited and BHP Billiton Plc between 25 September 2014 and 30 November 2015, in relation to the Samarco dam failure on 5 November 2015.
However, the recent incident, which killed at least three and left 25 people missing, would compel Samarco''s parent companies to pay up. Samarco would be hard-pressed to cover the hefty clean-up and legal costs of the dam burst; therefore, the Brazilian government could pursue BHP and Vale for the cost.
Nov 30, 2015· The mining giant BHP Billiton Limited (ASX:BHP) provided an update on the Samarco incident that occurred on 5 November 2015. The company also stated the intentions of the Brazilian Federal Government to commence legal proceedings against BHP, Samarco and Vale.
Samarco [SAMNE.UL] and parent companies Vale SA and BHP Billiton Ltd have signed a deal with Brazilian authorities that settles a 20 billion reais ($5.30 billion) lawsuit related to a 2015 dam ...
Aug 21, 2018· There is little likelihood that Brazil''s Samarco iron ore mine, a joint venture between Vale SA and BHP Billiton, will restart operations next year even though it expects to have all of the ...
Jul 12, 2016· Eight months after BHP Billiton/Vale subsidiary Samarco''s waste dam collapsed in southeastern Brazil, the 1.6 million people living along the Doce River are still struggling not only with health risks, but also with a crisis of public confidence. Brazil''s Environment Ministry has fined Samarco 142 million reais ($41.6 million) for damages to three protected areas.
A Brazilian Federal court decided on Friday to freeze the assets of miner BHP Billiton in the wake of Samarco dam disaster that took place in November, claiming 13 innocent lives and making 650 homeless.. The court ruled that BHP Billiton and partner Vale were responsible for the environmental damage caused by the bursting of the Fundao tailings dams and hence they would have to pay for the .
BHP today provided an update on the status of the remediation and compensation work undertaken in Brazil following the failure of the Fundao tailings dam at Samarco on 5 November 2015. Chief Executive Officer Andrew Mackenzie said: ''Two years on from the Samarco dam failure our thoughts remain with ...
30 Aug 2016 18:00 (GMT+1) Samarco Update . Panel (Panel) of four geotechnical specialists published its findings into the immediate causes of the failure of the Fundão tailings dam at the iron ore operations of Samarco Mineração S.A (Samarco) in Minas Gerais, Brazil, on 5 November 2015.Vale S.A. (Vale), BHP Billiton Brasil LTDA (BHP Billiton Brasil) and Samarco jointly commissioned Cleary ...
In 2016, charges of manslaughter and environmental damage were filed against 21 executives, including Samarco''s former CEO and representatives from Samarco''s owners, Vale and BHP Billiton, on its board of directors. Controversy over the investigation grew after a 2013 report, indicating structural issues in the dam, was leaked.