The Brazilian miner expects sales of higher-grade iron ore to Chinese buyers will boost earnings
Tag: Samarco
Posted inDaily Brief
Banco Safra sues Samarco
Brazilian bank says the mining joint venture failed to alert bondholders about structural issues related to the Fundão dam
Posted inDaily Brief
Court orders Vale, BHP pay for Samarco cleanup
Two mining companies have 30 days to deposit $365m, Brazilian federal court says
Posted inDaily Brief
Vale, BHP disagree over Samarco restart
Vale CEO says joint venture will have to rely on infrastructure from neighboring dams
Posted inWeb Articles
Vale, BHP disagree over how to restart troubled Brazil mine
Nearly a year after a dam at Samarco collapsed and unleashed a torrent of sludge that washed away villages, the two companies are still trying to figure out how to restart their joint venture
Posted inDaily Brief
Moody’s downgrades Samarco again
Brazilian miner downgraded after failing to obtain necessary licenses to resume operations at Minas Gerais mine
Posted inDaily Brief
Fitch cuts Samarco
Brazilian iron ore producer is at risk of running out of cash
Posted inDaily Brief
Brazil sues Samarco
Federal prosecutors seek $44bn in damages from BHP-Vale joint venture for dam collapse
Posted inDaily Brief
Moody’s downgrades Samarco
Rating agency says it is still uncertain if the Brazilian miner will resume operations after last year’s dam disaster
Posted inDaily Brief
Samarco agrees to pay dam disaster damages
Brazilian miner could spend more than $5.3bn on cleanup and compensation over the next 15 years