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Vale tailings dam at imminent risk of rupture, authorities say

MONEYWEB app instead? Vale tailings dam at imminent risk of rupture, authorities say The world’s second-largest iron-ore producer has grappled with the fallout from two deadly dam collapses over the past six years. By Mariana Durao, Bloomberg 10 Jun 2021  08:48  Image: Bloomberg A Vale SA tailings dam near the site of a deadly disaster in 2015 runs the imminent risk of rupture, according to Brazilian authorities. There’s a “serious and imminent risk of rupture due to lique...
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BHP and Vale's Samarco hit with almost $ 1 billion suit

BHP and Vale’s Samarco hit with nearly $ 1 billion suit The collapse of the Fundao tailings dam in 2015 killed 19 people and polluted hundreds of miles of rivers. ( Image: Agência Brasil Fotografias.) BHP (ASX, LON, NYSE: BHP) and Vale’s (NYSE: VALE) beleaguered Samarco joint venture in Brazil has been hit with an almost $1 billion lawsuit from noteholders who accuse the company of ignoring their requests to restructure their debt. The claim, filed in October last year by the Bank of New ...
Rio Doce Estado De Pernambuco Minas Gerais New South Wales Timothy Graulich Davis Polk Wardwell
Source: mining.com

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