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

By Thomson Reuters Oct 18, 2024 | 2:43 PM

RIO DE JANEIRO (Reuters) – 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.

($1 = 5.6877 reais)

(Reporting by Rodrigo Viga Gaier and Marta Nogueira in Rio de Janeiro; Writing by Andre Romani; Editing by Sandra Maler)