Brazil confirms potential $18 billion deal with miners involved in deadly dam disaster
RIO DE JANEIRO - The Brazilian government confirmed on Monday it was in talks on a potential $18 billion payout from a trio of miners involved in a deadly 2015 dam collapse, saying the deal could also involve further repair work by the companies themselves.
Beyond the reparations under discussion, he said the talks also cover some 30 billion reais in remediation the firms would implement themselves, such as removing toxic mining waste from a local river. A previous proposal from the miners, which was not fully accepted by officials, had set a 82 billion reais payout to authorities in new resources plus another 21 billion reais in repairs the miners would implement.
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