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Samarco to pay 20b reais in damages for spill

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Mining company Samarco and its owners, BHP Billiton and Vale SA, reached a deal with the Brazilian government on Wednesday to pay an estimated 20 billion reais (S$7.2 billion) in damages over 15 years for a deadly dam spill in November.

Brasilia

Mining company Samarco and its owners, BHP Billiton and Vale SA, reached a deal with the Brazilian government on Wednesday to pay an estimated 20 billion reais (S$7.2 billion) in damages over 15 years for a deadly dam spill in November.

Considered Brazil's worst...

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