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Vale-BHP Venture Forced to Pay $5 Billion To Settle Government Lawsuit
Wednesday, March 2, 2016 - 10:12am | 183According to Reuters, Samarco Mineracao - a joint venture between VAle SA (ADR) (NYSE: VALE) and BHP Billiton Limited (ADR) (NYSE: BHP) - will pay at least 20 billion reais ($5 billion) over 15 years to the government as part of a settlement. Samarco Mineracao's settlement with the...