Brazil to ink deal with miners over Mariana dam collapse on Oct. 25, sources say

FILE PHOTO: General view from above of a dam owned by Vale SA and BHP Billiton Ltd that burst, in Mariana, Brazil, November 10, 2015. REUTERS/Ricardo Moraes/File Photo
Source: X02675

An agreement establishing the total amount miners Vale, BHP and their joint venture Samarco must pay to compensate damages associated with the collapse of the Mariana dam is expected to be signed on Oct. 25, sources told Reuters on Friday.

Vale had already said a deal was expected to be reached in October, but no specific date had been set.

Local newspaper O Globo reported the date earlier on Friday.

The collapse of the dam at a Samarco iron ore mine near the city of Mariana nine years ago unleashed a wave of toxic tailings that killed 19 people, left hundreds homeless, flooded forests and polluted the length of the Doce River.

This article was produced by Reuters news agency. It has not been edited by Global South World.

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