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International

Mining firm fined $66 million for burst dams

November 13, 2015 Reprints

Brazil has imposed initial fines of 250 million Brazilian reals ($66 million) on Samarco Mineracao S.A., a mining joint venture between miners BHP Billiton Ltd. and Vale S.A., over a recent dam burst at its mine in the country, reported The Guardian citing Reuters.

Two dams burst at the mine, killing seven people and coating a two-state area with mud and mine waste. Brazilian President Dilma Rousseff said that the fines could be followed by penalties from other federal or state agencies.

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Mining firm fined $66 million for burst dams

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