Samarco funding - restart preparation

BHP has approved US$44 million for BHP Billiton Brasil Ltda’s share of funding for work related to the restart of one concentrator at Samarco Mineração S.A.’s (Samarco) operations at its Germano complex in Minas Gerais, Brazil. Samarco’s operations were suspended following the failure of the Fundão dam on 5 November 2015.

BHP to defend Samarco legal claim

BHP notes the media reports today concerning the group claim in the United Kingdom in relation to the Samarco dam failure on 5 November 2015.

Samarco Debt Negotiations Update

BHP notes that on 28 January 2019, Samarco Mineração S.A. (Samarco) publicly disclosed certain information related to, and prepared by, Samarco for the purposes of negotiations between Samarco and certain of its lenders in relation to a restructuring of Samarco’s unsecured financial obligations.

Additional interest in SolGold

BHP has entered into a share subscription agreement with SolGold Plc (SolGold) under which SolGold will issue 100 million shares to BHP.

Samarco Compensation Programs

BHP notes recent media reports concerning an agreement with the State Prosecutor of Mariana in the State of Minas Gerais in relation to compensation for the impacts of the Samarco dam failure on 5 November 2015.

Copper Update - Agreement with Guyana Goldfields Inc

BHP has entered into an agreement with Guyana Goldfields Inc. (Guyana) to acquire its 6.1 per cent interest in SolGold Plc (SolGold), the majority owner and operator of the Cascabel porphyry copper-gold project in Ecuador.

Samarco Update

BHP has reached an agreement to settle the class action complaint filed in the US District Court of the Southern District of New York on behalf of purchasers of American Depositary Receipts of BHP Billiton Limited and BHP Billiton Plc between 25 September 2014 and 30 November 2015 in relation to the Samarco dam failure on 5 November 2015.

Atualizao da Samarco

A BHP chegou a um acordo para a quitação da reclamação apresentada em ação coletiva registrada no Juízo Federal de Primeira Instância dos EUA da comarca da região sul de Nova York em nome dos compradores dos recibos de depósitos de ações (ADRs) da BHP Billiton Limited e da BHP Billiton PLC entre 25 de setembro de 2014 e 30 de novembro de 2015 em relação ao rompimento da barragem da Samarco em 5 de novembro de 2015. Sob os termos do contrato, a BHP concordou em pagar US$ 50 milhões aos reclamantes, sem a admissão de responsabilidade. O acordo está sujeito à homologação judicial pelo Juízo Federal.

BHP to defend Samarco class action

BHP se defende em ação coletiva relativa à Samarco