World’s largest mining company BHP is providing its Brazilian iron ore joint-venture with Vale with up to $250 million aimed at financial supporting the miner as well as backing remediation and compensation programs in the wake of the deadly dam disaster of 2015.
A Brazilian judge denied a request by prosecutors for companies and individuals facing criminal charges related to a dam spill to pay financial guarantees, according to court documents obtained by Bloomberg.
With Gabriel Resources seeking US$4.4 billion in damages, Alburnus Maior, a prospective amicus curiae in the arbitration case, announces that it aims to file its brief to the ICSID Tribunal until September 2018 at the latest. It will detail compelling concerns and information overlooked by the parties to the case.
Extractive industries are pushing Africa’s indigenous peoples and their sacred lands to the margins, but the custodians of these sacred lands are pushing back
Radioactive waste and toxic mining byproducts will remain deadly for thousands of years – maybe forever. Generations in the distant future will need to know about about the places this stuff is buried, and to stay away. Deep in the arsenic-contaminated underground at Giant Mine near Yellowknife, contributor Garth Mullins wonders how we can warn the distant future. Is it even possible to send messages that can outlast governments, languages, cultures, nations – maybe even humans?
