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Samarco

Authority rejects $39B resources compensation bid

Reimbursements will take longer to reach victims of a mining infrastructure disaster. Authorities recently refused their share in a US$25.7 billion (A$39B) offer in the aftermath of the 2015 Samarco...

Samarco

Mining giants offer $39B in compensation

Victims of a catastrophic resources infrastructure failure could be reimbursed for further damages. BHP, Vale and their Samarco joint venture recently increased their compensation offer for the 2015...

Samarco

Mining giants ordered to pay $14B in compensation

Multinational resources companies were urged to settle multi-billion debts in relation to a catastrophic failure. BHP, Vale and their Samarco joint venture should pay compensation for the 2015...

Samarco

Claims against mining giant soar to $65B

Damages sought against a multinational resources company dramatically jumped. A compensation claim against BHP Group recently rose 620 per cent to 36 billion Pounds (A$65.3B) including interest...

Samarco

Mining giant fails to block $8.7B compensation lawsuit

A multinational resources company unsuccessfully prevented litigation seeking substantial damages. BHP Group will return to the United Kingdom’s Court of Appeal to face questions about the 2015...

Semarco mine won’t reopen this year, BHP says

BHP Billiton has said it was unlikely the Samarco iron ore mine would reopen, after the tragic events in November 2015 when two dam bursts. “Samarco makes an important contribution to the...

BHP hit with $7.2b lawsuit after Brazil mine disaster

The Brazilian Government intends to sue Samarco, Vale and BHP for $7.2b for clean-up costs and damages after dams collapsed at their iron ore operation in Minas Gerais killing 13 people. According to...

BHP Billiton CEO Andrew Mackenzie

BHP CEO promises relief after Samarco tragedy

BHP Billiton CEO Andrew Mackenzie has spoken in Brazil about the tragic incident at the Samarco iron ore operation in Minas Gerais last Thursday. “At BHP Billiton, we have been overcome with...

BHP CEO heads to Brazil after tragedy at iron ore mine

BHP Billiton chief executive officer Andrew Mackenzie will head to Brazil this week, after a dam collapsed at an iron-ore mine causing a mudslide that killed at least four people last week. At least...