Brazil to sue BHP, Vale for $5 billion damages for dam burst

Posted by Washington Post: Juliet Eilperin on November 27th, 2015
Reuters: Brazil's federal and state governments plan to sue the owners of the Samarco iron ore miner for 20 billion reais ($5.24 billion)in damages caused by the burst of a tailings dam, Environment Minister Izabella Teixeira told reporters on Friday. Samarco is a joint venture between the world's largest mining company, BHP Billiton Ltd, and the biggest iron ore miner, Vale SA. The dam burst earlier this month unleashed 60 million cubic meters of mud and mine waste that devastated a village, killed......

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