Brazil seeks $20.7 billion from Vale, BHP over 2015 dam collapse

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The mix of reddish mud, water and debris from the Samarco disaster reached the Atlantic Ocean in a matter of days. as reparations for a tailings dam collapse in 2015.

The proposal is higher than a previous offer from the miners to pay the federal and local governments 72 billion reais to settle reparations for the disaster in the town of Mariana, Minas Gerais state. The dam collapse killed 19 people and left hundreds homeless, while also polluting the Doce River, a major waterway that flows through neighboring Espirito Santo state.

The government offer, endorsed by Minas Gerais and Espirito Santo, does not include any amount already spent by the miners in reparation measures, as well as the cost of executing obligations such as removing tailings from the river. It also sets a 12-year period for the payments to be made, according to a statement from Brazil’s solicitor general’s office.Peru's constitution requires foreign private investment within 50 kilometers of the country's border to be approved by the cabinet of ministers.Pink sea pigs, transparent sea cucumbers discovered in area targeted by deep-sea miners

 

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