Brazil’s government and Samarco Mineracao are meeting on Friday to finalise the settlement of a lawsuit for damages caused by a deadly dam spill at a mine in November, with the attorney general’s office saying the accord was 95% complete.
On Thursday evening, Brazil’s O Globo newspaper published a column saying Samarco, a joint venture between Vale and BHP Billiton, had committed to provide 4.4-billion reais ($1.1-billion) between 2016 and 2018 and additional funds for another seven years.
