The Brumadinho tailings dam disaster in Brazil has killed at least 179 people, with hundreds more missing and feared dead. This video shows the moment the disaster began. Photo: AP/Globo TVSÃO PAULO—Brazilian mining giant Vale SA could face a close to $7 billion fine if it is convicted of colluding with safety auditors to hide dangerous conditions at the mining tailings dam near Brumadinho that later collapsed, killing more than 180 people. A person close to the investigation into the collapse said that the fine could reach 20% of 2018 revenue if the company is convicted under Brazilian anticorruption law, adding it is too soon to estimate how big the final fine will be. Brazilian investigators have said they...

Source: Wall Street Journal March 01, 2019 20:15 UTC