- Write by:
-
Wednesday, April 24, 2024 - 16:54:10
-
46 Visit
-
Print
Mining company Vale expects to reach a final agreement with authorities for reparations for the collapse of the Samarco tailings dam by the end of the first half of this year, the company told Reuters in a statement on Wednesday.
The collapse of the dam, which belonged to Samarco, a joint venture of Vale and BHP and located in the southeastern city of Mariana, caused a giant mudslide that killed 19 people and severely polluted the Rio Doce river, compromising the waterway to its outlet in the Atlantic Ocean.
A new proposal for an agreement was presented by the mining companies to the federal government and the states of Minas Gerais and Espirito Santo, two sources close to the negotiations told Reuters, without giving any figures.
One of the sources, speaking on condition of anonymity, said that compared with the previous proposal of 42 billion reais ($8.16 billion), the amount had “improved a lot,” but still “falls short” of what was expected.
Neither Vale, BHP nor Samarco have confirmed they presented a new proposal.
In separate statements, the companies said they are committed in finding a solution for the reparations.
Short Link:
https://www.miningnews.ir/En/News/628300
Oxford Economics Australia has released data showing mine maintenance spending may be hitting its peak. But what does it ...
Iron ore futures fell to their lowest in more than two weeks, pressured by an inventory accumulation at Chinese ports ...
Anglo American’s key South African shareholders are open to a takeover offer from BHP, with some advocating for an ...
Japan’s top steelmaker, Nippon Steel, is sticking to its plan to close a deal by year-end to buy US Steel, which it ...
Anglo American’s key South African shareholders are open to a takeover offer from BHP, with some advocating for an ...
A Brazilian federal court rejected a request made by the country’s solicitor general’s office asking that miners Vale, ...
Imports of iron ore by China, the world’s biggest buyer, in 2024 are expected to be around 1.17 to 1.18 billion metric ...
BHP’s plan to divest the South African assets of its target Anglo American are key to the strategy behind the proposed ...
Anglo American CEO Duncan Wanblad is meeting on Friday South African mines minister Gwede Mantashe for the first time ...
No comments have been posted yet ...