Tags » BHP

Brazil to sue BHP, Vale for $5 billion in damages for dam burst

Brazil shows PNG how it should have dealt with BHP over the Ok Tedi disaster…

Lisandra Paraguassu | Reuters

Brazil‘s federal and state governments plan to sue the owners of the Samarco iron ore miner for 20 billion reais ($5.24 billion/£3.5 billion)in damages caused by the burst of a tailings dam, Environment Minister Izabella Teixeira told reporters on Friday. 321 more words

Papua New Guinea

28 Nov 2015 (AFR) - BHP leads ASX down as Slater & Gordon crashes

(28 November 2015, AFR, p41, by Stephen Cauchi )

‘Australian shares suffered a weekly loss led by a slide in market heavyweight BHP that, together with the ongoing malaise in commodities, weighed very heavily on the materials sector. 45 more words

1.Market Observations

The 52-Week Low Club for Fridaystock

November 27, 2015: Here are four stocks trading with heavy volume among 42 equities making new 52-week lows today. U.S. markets closed at 1:00 p.m. ET today. 267 more words


Today's broker rating changes:

BHP cut to underweight vs Neutral – JP Morgan

Evolution Mining raised to Outperform vs Neutral – Macquarie

Nick Scarli initiated at Outperform; $4.71 price target – Macquarie… 24 more words


BHP hit a fresh decade-low this morning

Stock in the world’s largest miner, BHP Billiton, touched a fresh decade-low this morning after the price of iron ore dropped below $US45 a tonne. 88 more words


Monday 23rd November-Market wrap

A snapshot of today:


What happened today?

The ASX 200 closes up 20.3 points to 5276.4 in a solid start to the week. Banks feature again with WOW and Big W also in the spotlight. 1,056 more words

Daily Reports

Toxic sludge from BHP mine reaches Atlantic after Brazil dams burst

Officials says thousands of hectares of land and water affected by “country’s worst environmental catastrophe ever”

Ryan Rifai | Al Jazerra

A mudflow thick with toxic mining waste, which initially spilled earlier this month from the collapse of two tailings dams into a main river in southeast Brazil, has now reached the Atlantic Ocean, says Brazil’s environmental agency, Ibama. 497 more words

Environmental Impact