$1.125 bn deal reached over deadly Brazil mudslide March 3, 2016 - 09:17 AMT PanARMENIAN.Net - The owners of a Brazilian mine that breached a dam, setting off a deadly mudslide, has agreed to pay 4.4bn reais ($1.125 bn) in damages, according to BBC News. Samarco - co-owned by Vale and BHP Billiton - will pay 2bn reais in 2016 and 1.2bn each in 2017 and 2018. The Brazilian government originally demanded 20bn reais to address what is considered the country's worst environmental disaster. In November, two Samarco dams ruptured setting off a deadly mudslide. The mudslide destroyed the town of Mariana in southern Brazil and killed 19 people. "This agreement demonstrates our commitment to repairing the damage caused and to contributing to a lasting improvement in the Rio Doce," Samarco said in a statement. Under the terms of the agreement Brazilian Vale and Australian BHP Billiton will be jointly responsible for the payments if Samarco cannot make them. The money is being divided into two categories - environmental restoration and compensation for communities. In February, a police investigation determined Samarco executive had been negligent. Six of the mine's executives including its president were charged with homicide.  Top stories Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert. On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesArmenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats.Balance of attached cards in the Idram&IDBank app From now on, users will be able to view the online balances of cards issued by ArCa system banks and attached to the app. |
