financetom
Business
financetom
/
Business
/
Vale, BHP propose $25 billion deal to settle reparations for Mariana disaster
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Vale, BHP propose $25 billion deal to settle reparations for Mariana disaster
Apr 29, 2024 5:48 AM

SAO PAULO, April 29 (Reuters) - Vale, BHP

and their joint venture Samarco have presented

Brazilian authorities with a settlement proposal related to

reparations for the 2015 Mariana tailings dam burst, which

killed 19 people and left hundreds homeless.

The proposal, the Brazilian mining giant said in a

securities filing on Monday, foresees the total payment of 127

billion reais ($24.88 billion), including 37 billion reais

already disbursed.

($1 = 5.1037 reais)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Lyft to sell some bike, scooter assets, lay off 1% of employees
Lyft to sell some bike, scooter assets, lay off 1% of employees
Sep 6, 2024
Sept 4 (Reuters) - Ride-sharing platform Lyft ( LYFT ) said on Wednesday it will dispose some assets related to bikes and scooters and lay off 1% of its employees. ...
Top Premarket Gainers
Top Premarket Gainers
Sep 6, 2024
07:40 AM EDT, 09/04/2024 (MT Newswires) -- WiSA Technologies ( WISA ) shares surged over 68% in recent Wednesday premarket activity after it agreed to acquire the Datavault intellectual property and information technology assets of privately held Data Vault Holdings for $210 million. LogicMark ( LGMK ) stock rose 33%, extending Tuesday's 13% gain. Conifer Holdings ( CNFR ) shares...
Foran Mining Assay Results Expands Tesla Zone, Identifies New Gold-Silver Zone
Foran Mining Assay Results Expands Tesla Zone, Identifies New Gold-Silver Zone
Sep 6, 2024
07:00 AM EDT, 09/04/2024 (MT Newswires) -- Foran Mining ( FMCXF ) on Wednesday said assay results from drilling to expand the Tesla Zone at the McIlvenna Bay property in Saskatchewan identified a new gold- and silver-rich zone and confirmed the extensions of the Tesla Zone. The highlight intersection measures 22 meters at 5.6% copper equivalent. The Tesla Zone now...
Dollar Tree's Fiscal Q2 Adjusted Earnings Fall, Revenue Increases; Shares Decline Premarket
Dollar Tree's Fiscal Q2 Adjusted Earnings Fall, Revenue Increases; Shares Decline Premarket
Sep 6, 2024
07:00 AM EDT, 09/04/2024 (MT Newswires) -- Dollar Tree ( DLTR ) reported fiscal Q2 adjusted earnings Wednesday of $0.67 per diluted share, down from $0.91 a year earlier. Analysts polled by Capital IQ expected $1.04. Revenue for the quarter ended Aug. 3 was $7.38 billion, compared with $7.33 billion a year earlier. Analysts polled by Capital IQ expected $7.48...
Copyright 2023-2026 - www.financetom.com All Rights Reserved