Tag Archives: pay $7bn

Brazil mining giant agrees to pay $7bn for collapse that killed 272 people

The Brazilian mining giant Vale has agreed to pay $7bn compensation for a deadly dam collapse that killed 272 people. The Brumadinho disaster, on 25 January 2019, is considered one of the worst environmental tragedies in Brazilian history. At just after noon that day the tailing dam’s sudden collapse caused a toxic torrent of mining […]