Samarco Minercao: summary and progress on court cases and fines

Over two years after the disaster, there is still no complete assessment of the socio-environmental and socio-economic damages suffered by the affected communities.

As reported in Dirty Profits 6 – In March 2016, Samarco, Vale and BHP Billiton signed an agreement with the federal and state governments for socioeconomic and environmental recovery work worth a total of around BRL20bn over 15 years.   ... →

Another mining activists in Colombia killed

On January 7, Aldemar was assassinated by two unidentified gunmen on a motorcycle on the route from El Hatillo to La Loma in broad daylight. He was a community leader and active trade unionist, until recently employed in the mine of Colombian Natural Resources (CNR). He leaves his wife and three children behind.

The murder of Aldemar is not an isolated incident.   ... →

Update: Dam Collapse in Brazil: Lawsuit against Executives

Bento Rodrigues, Mariana, Minas Gerais Local: Distrito de Bento Rodrigues, Município de Mariana, Minas Gerais.Foto: Rogério Alves/TV Senado | Bild (Ausschnitt): © Créditos: Rogério Alves/TV Senado (CC BY 2.0) [CC BY 2.0] - Wikipedia

Since the disastrous collapse of the tailings dam in the Brazilian state of Minas Gerais in November 2015 (which FACING FINANCE has reported on several times since the incident) the Brazilian public prosecutor’s office filed homicide charges against 21 executive staff members of the mining companies BHP Billiton (Australia), Vale S.A. (Brazil) and Samarco Mineração, which is a joint-venture between Vale and BHP Billiton.   ... →

Update: environmental catastrophe Brazil

After the disastrous spill in Brazil, 13 deaths have been confirmed, with more still missing.  BHP Billiton and Vale are now likely to have to pay 4.9 billion euros which will be used for decontamination of the river Rio Doces and compensation to affected people. The operators of the mine continue to dispute that toxic substances were released when the dam broke.   ... →