Samarco Mining News

Samarco is said nearing settlement with Brazil prosecutors

Resolving the legal cases will allow talks with creditors to begin as the company starts to draft its long-term business plan.

Labour groups file OECD complaint against BHP and Vale over dam-burst disaster

The accident killed 19 people, left hundreds homeless and unemployed and caused sludge to wash downstream into the neighbouring state of Espírito Santo.

Samarco iron ore mine could reopen this year

Samarco Mineracao – a Vale-BHP joint venture – ceased operations in November 2015 following a deadly tailings dam burst.

UN urges miners to better regulations needed to prevent disasters

According to the UN Environment Program's latest report, most of the 40 significant mine waste accidents in the past decade have involved dams or other storage areas that failed.

Settlement in $48 billion lawsuit against BHP, Vale postponed again

Samarco JV iron ore mine in Brazil remains closed two years after deadly dam burst.

CEO sees little chance of Samarco restart in 2017

30m tonnes per year operation jointly owned by BHP and Vale shuttered since November 2015 following dam burst.

Vale, BHP iron ore venture can't pay creditors

Brazil's suspended iron ore producer Samarco misses another payment on its $3.8 billion debt as it struggles to stay afloat following deadly dam burst.