Brazil state says losses from Samarco accident at 1.2bn reais

February 4, 2016

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Brazil’s Minas Gerais state said on Thursday the November dam burst in an installation operated by miner Samarco caused losses to municipalities estimated at 1.2-billion reais ($308-million), not considering the environmental problems. The state government released a detailed report containing an evaluation of impacts to infrastructure and activities, public and private, in the whole area in Minas Gerais that was affected by the mudslide resulting from the dam breach.

Category: General