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Brazil to Sign Compensation Deal With Miners Over 2015 Dam Disaster on Friday

Oct 24 2024 // Brazilian authorities will sign on Friday a long-awaited reparation deal with miners Vale, BHP and Samarco over the 2015 Mariana dam collapse, the country’s presidential office said on Wednesday.The agreement will be...

Mining Dam Disaster Deal Should Curb Lawsuits Against Vale and BHP, Sources Say

Oct 22 2024 // An agreement by Vale, BHP and their joint venture Samarco to pay 170 billion reais ($29.85 billion) in compensation for a deadly dam collapse in Brazil could end more than a hundred lawsuits against the mining companies in...

Colorado Mine Where Guide Was Killed, Tourists Trapped Ordered Closed by Regulators

Oct 21 2024 // A former Colorado gold mine where a tour guide was killed and a group of tourists was trapped for hours after an elevator accident has been ordered to remain closed and not conduct tours while its operations are reviewed,...

Brazil to Seal $30B Compensation Deal With Miners Over 2015 Dam Collapse: Sources

Oct 21 2024 // Miners Vale, BHP and Samarco are discussing a near $30 billion compensation deal with Brazilian authorities related to the 2015 Mariana dam collapse, they said on Friday, with an agreement set to be signed on Oct. 25,...

Colorado Mine Elevator Door Was ‘Broken’ in Accident That Killed 1, Trapped 12

Oct 17 2024 // Investigators are trying to figure out what led to an elevator accident inside a former Colorado gold mine that killed a tour guide, injured four others and left a separate group of 12 people trapped for hours at the...

Markets/Coverages: AEGIS London-Led Lloyd’s Consortium Launches $25M Miner Rescue Insurance Cover

Oct 10 2024 // The Lloyd’s insurance market’s only product writing cover for the rescue of miners trapped underground has more than doubled its available cover from $10 million to $25 million with a launch of a new consortium...

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