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10 Mar 2016

Brazil: Samarco agrees to pay $6 billion settlement over dam burst; prosecutors criticise settlement saying it favours the company

On 2 March 2016, Samarco mining company, a joint venture between Vale and BHP Billiton, reached a $6 billion settlement with the Brazilian Government for the severe environmental damage and 19 deaths caused by the collapse of an iron ore dam in Minas Gerais in November 2015. 

To read this story in Portuguese, click here.