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BHP denies deal with Brazilian govt

26th February 2016

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

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PERTH (miningweekly.com) – Mining major BHP Billiton on Friday denied that it had reached a settlement with the Federal Attorney General from the State of Espirito Santa, in Minas Gerais.

In November last year, Brazil’s federal and certain state governments announced their intention to lodge a $5.2-billion legal claim against the partners of the Samarco joint venture (JV), to fund clean-up costs and damages following the November 5 tailings spill at the Samarco operation.

BHP and its JV partner Vale has since been in negotiations with the Brazilian government in relation to the claim.

However, the company stated that while significant progress had been made with the negotiations, no agreement had yet been reached.

Edited by Creamer Media Reporter

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