Brazil’s Samarco to pay $512.5 million to disaster victims this year: foundation

FILE PHOTO - Debris of a house is pictured at Bento Rodrigues district, which was covered with mud after a dam owned by Vale SA and BHP Billiton Ltd burst in Mariana, Brazil, November 6, 2015. REUTERS/Ricardo Moraes/File Photo

SAO PAULO (Reuters) – Brazil’s Samarco Mineração SA expects to pay up to 2 billion reais ($512.5 million) this year to 19,000 families affected by the 2015 mining disaster in the state of Minas Gerais, the foundation created to pay the victims said on Wednesday. The first families to receive damages payments will be “the […]

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