RIO DE JANEIRO (Reuters) -Mining companies Vale and BHP, together with their joint venture Samarco, may soon reach an agreement with Brazilian authorities to pay around 100 billion reais ($17.87 billion) for the collapse of a dam in the city of Mariana, said four sources familiar with the discussions. Three of the sources expect a final agreement to be reached in October.
In the latest trading session, VALE S.A. (VALE) closed at $10.24, marking a +1.29% move from the previous day.
VALE S.A. (VALE) closed at $10.52 in the latest trading session, marking a -0.28% move from the prior day.