bhp billiton partner vale sued by us investors for

BHP Billiton investors sue in U.S. over Brazil dam disaster

Feb 25, 2016· By Jonathan Stempel NEW YORK (Reuters) - BHP Billiton Ltd was sued in the United States by investors who accused the Anglo-Australian mining company of fraudulently overstating its ability to manage safety risks prior to November's fatal dam burst at a Brazilian mine it co-owned and operated. In a complaint filed on Wednesday in the U.S. District Court in Manhattan, investors led by …

BHP faces US$5b claim over 2015 Brazil dam failure | Money ...

May 07, 2019· LONDON, May 7 — Anglo-Australian mining giant BHP is facing a landmark, US$5 billion (RM20.75 billion) damages claim in England for being "woefully negligent" in the run-up to a 2015 dam failure that led to Brazil's worst environmental disaster, a lawsuit alleges. The claim, which will be...

BHP Shareholder Class Action

Aug 08, 2012· // Register // If you acquired shares in BHP Group (formerly known as BHP Billiton), on any of the ASX, LSE or JSE during the period between 8 August 2012 to 9 November 2015 you are a group member in the class action, known as Vince Impiombato, and Klemweb Nominees Pty Ltd as trustee for Klemweb Superannuation Fund v BHP Group Ltd (Consolidated Proceeding).

BHP Billiton, Vale Face $44 Billion Lawsuit From Brazil

May 04, 2016· With prosecutors in Brazil announcing a $43.55 billion lawsuit against BHP Billiton and Vale over the Samarco tailings dam rupture. But even as BHP was facing serious headwinds in iron ore here, the major miner turned up hopeful in another part of South America — a spot that may surprise many observers.

B H P Group Ltd Adr ( BHP ) - Investors.com

Miners Investing in Autonomous Operations to Improve Efficiency. Miners like BHP, VALE, RIO and NEM are investing in technology for improved front-line safety, increased production levels and efficiency while lowering their carbon footprint. Zacks Equity Research 09/03/2021 03:45 AM ET. View All ».

BHP, Vale shares sink on US$43.4 bn Brazil mining lawsuit

May 04, 2016· Share prices in mining giants BHP Billiton and Vale skidded sharply Wednesday after Brazilian prosecutors filed a US$43.4 billion lawsuit over a mine accident that killed 19 people and wreaked environmental havoc. Brazilian iron ore leader Vale saw its share price tumble more than five percent in early trading in Sao Paulo. It had already closed 9.36 percent down in Sydney, with a fall in …

US investors file class action lawsuit over Samarco dam burst

US investors file class action lawsuit over Samarco dam burst. Reuters 25 February 2016 BHP Billiton was sued in the United States by investors who accused the Anglo-Australian mining company of fraudulently overstating its ability to manage safety risks prior to November's fatal dam burst at a Brazilian mine it co-owned and operated.

Miner BHP commits to Brazil clean-up as huge lawsuit looms ...

Nov 30, 2015· BHP Billiton renewed its commitment Monday to do all it can to help following the deadly collapse of a waste water dam in Brazil, with the mining giant and partner Vale facing a huge lawsuit. The Brazilian government announced on Friday plans to sue the two companies for $5.2 billion in clean-up costs and damages after the November 5 collapse ...

BHP, Vale shares sink on huge Brazil mining lawsuit

May 04, 2016· Share prices in mining giants BHP Billiton and Vale skidded sharply Wednesday after Brazilian prosecutors filed a US$43.4 billion lawsuit over a mine accident that killed 19 people and wreaked environmental havoc. Brazilian iron ore leader Vale saw its share price tumble 5.34 percent at the close of the day's trading in Sao Paulo. Prosecutors in the state of Minas Gerais on Tuesday filed …

An Endless Crime: BHP Billiton and Vale's Sludge Still ...

Jan 04, 2018· In 2014, a year before the dam collapsed, BHP Billiton´s turnover amounted to $13.8 billion US dollars (only in the first semester of the year); and Vale´s amounted to almost $1 billion Brazilian reais, with a 729% increase in relation to 2013. Yet, despite their sizes and profits, they failed in what was crucial and exposed their crimes ...

Moody's comments that lawsuit against Samarco, Vale ...

May 06, 2016· New York, May 06, 2016 -- Moody's Investors Service comments that the civil lawsuit against Samarco Mineração S.A. (Caa2/Negative), Vale S.A. (Ba3/Negative), BHP Billiton Brasil Ltda (a fully-owned subsidiary of BHP Billiton Limited, rated A3/Negative) and several public entities in Brazil, claiming BRL 155 billion ($44 billion) for damage ...

BHP Billiton investors sue in U.S. over Brazil dam disaster

Feb 25, 2016· BHP Billiton Ltd (BHP.AX) (BLT.L) was sued in the United States by investors who accused the Anglo-Australian mining company of fraudulently overstating its ability to manage safety risks prior to November's fatal dam burst at a Brazilian mine it co-owned and operated. In a complaint filed on Wednesday in the U.S. District Court in Manhattan, investors led by the Jackson County Employees ...

BHP Billiton to be sued by investors over dam collapse ...

Jun 09, 2018· When the Fundão dam broke in 2015, waste from an iron ore mine operated by Samarco, a joint venture between BHP and its partner Vale, devastated the local area in Minas Gerais state. A red wave of clay, sand and water polluted miles of river, killing aquatic life, leaving hundreds of people homeless, and flowing out to sea.