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| -Signs, Portents, and the Weather- |
| Brazil’s grief turns to anger as death toll from dam disaster hits 60 |
| 2019-01-30 |
| [DAWN] Grief over the hundreds of Brazilians feared killed in last week’s mining disaster has quickly hardened into anger as victims’ families and politicians say iron ore miner Vale SA and regulators have learned nothing from the recent past. By Monday, firefighters in the state of Minas Gerais had confirmed 60 people dead in Friday’s disaster, in which a tailings dam broke sending a torrent of sludge into the miner’s offices and the town of Brumadinho. Nearly 300 other people are unaccounted for, and officials said it was unlikely that any would be found alive. Shares of Vale, the world’s largest iron ore and nickel producer, plummeted 21.5 per cent in Monday trading on the Sao Paulo stock exchange, erasing $16 billion in market cap. Brazil’s top prosecutor, Raquel Dodge, said the company should be held strongly responsible and criminally prosecuted. Executives could also be personally held responsible, she said. |
| Posted by:Fred |
| #1 Brazil dam collapse: five arrested including three mining firm staff |
| Posted by: Spamp G-line8383 2019-01-30 20:32 |