BHP Billiton says a restart to production at the Samarco iron ore joint venture with Vale in Brazil is possible next year, but only if several hurdles are overcome first.
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BHP and Vale face new US$43 billion Samarco lawsuit
Brazilian Federal prosecutors have begun civil proceedings against BHP and Vale joint venture operation Samarco , seeking compensation for social, environmental, and economic damages.
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Vale posts its worst loss ever
Vale has recorded its worst quarterly net loss, and is considering the divestment of core assets.
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Vale to cut iron ore production
Mega iron ore miner Vale is the first of the majors to announce a reduction its iron ore production rates.
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BHP rejects claims of ‘toxic’ Samarco tailings
BHP has rejected claims by the UN that the tailings released from the Samarco Dam disaster are toxic.
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Samarco offers $260m for mudslide damage to water supplies
Brazil’s Samarco mining firm has pledged to pay at least $260 million in reparations for the environmental damage caused by the bursting of two dams two weeks ago.
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2013 study warned of Samarco dam break risk
As the death toll from the Samarco tailings dam disaster continues to rise while BHP shares fall to the lowest prices since 2005, questions are being raised over the preventative measures taken to prevent a disaster from occurring.
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