A Brazilian mining joint venture between Vale and BHP Group, paralysed after a fatal dam collapse, is expected to resume talks to restructure $4-billion in defaulted debt in coming weeks, two sources with knowledge of the matter said.
The venture, Samarco Mineracao, last month won permission to resume operations at its Germano iron-ore mine, four years after a dam burst in the city of Mariana, in Minas Gerais state, that killed 19 people and contaminated rivers.