Brazil dam disaster: judge freezes assets of miners BHP and Vale

Posted by Washington Post: Juliet Eilperin on December 20th, 2015
Guardian: A judge has frozen the Brazilian assets of mining giants BHP Billiton and Vale SA after determining their joint venture Samarco was unable to pay for widespread damage caused by the bursting of a dam at its mine last month. In a ruling issued late on Friday, the judge in the Brazilian state of Minas Gerais determined that Vale and BHP could be held responsible for the disaster at the iron ore mine, for which the government is demanding 20bn reais ($5bn) in compensation. Brazil's mining tragedy:......

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