From the AFR:
BHP has said it is still too early to say what caused the tragedy and there has been speculation that there may have been some sort of seismic event. But Minas Gerais state environmental prosecutor Carlos Eduardo Pinto said on Tuesday that the bursting of the dams was “no accident”.
“What happened was a mistake in the operation and negligence in the monitoring,” Pinto told Brazil’s top broadcaster, Globo TV.
The state regulator suspended Samarco’s licence on Monday, but Mr Pinto has cited a 2013 document in which he recommended against renewing the company’s licence because of concerns about destabilisation and erosion. His recommendation was not followed.
BHP closing in on -3% down…
