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Brazil Expects Settlement Soon in Samarco Dam Failure

The Brazilian government expects to reach agreement by Friday with Samarco Mineração SA to settle a 20 billion-real ($4.9 billion) lawsuit for damages in a deadly dam disaster, a spokesman for Brazil's attorney general said Wednesday. Brazil sued Samarco, a 50-50 iron ore joint venture between Brazil's Vale SA and Australia's BHP Billiton Ltd., after an iron ore tailings dam at its mine in Brazil's Minas Gerais state burst in November. "The terms of the...

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