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BHP Samarco

BHP reveals that Samarco expenditure – $1.5 Billion

What’s been the total cost of the 2015 Samarco dam collapse in Brazil? USD $1.5 Billion Dollars so far says CFO Peter Beaven. He added that BHP has provided another USD 2 Billion dollars for...

Class action initiated over BHP Samarco dam disaster

BHP to defend $7 billion Samarco class action

BHP has been sued for its role in the Samarco tailing dam disaster in the UK’s biggest class action for approximately $7 Billion Australian dollars. Law firm SPG, which is representing than...

BHP Samarco

Samarco mine won’t reopen this year, BHP says

BHP Billiton has said it was unlikely the Samarco iron ore mine would reopen, after the tragic events in November 2015 when two dam bursts. “Samarco makes an important contribution to the...

BHP hit with $7.2b lawsuit after Brazil mine disaster

The Brazilian Government intends to sue Samarco, Vale and BHP for $7.2b for clean-up costs and damages after dams collapsed at their iron ore operation in Minas Gerais killing 13 people. According to...