IBOV 187,206.89 ▼ 0.56% IPSA 11,220.10 ▼ 0.16% IPC MEX 63,924.77 ▼ 0.28% MERVAL 3,098,898 ▼ 1.87% COLCAP 2,589.69 ▼ 1.41% BVL PERÚ 59,373.28 ▼ 0.32% USD/BRL5.13▲ 0.40% USD/MXN16.96▼ 0.01% USD/CLP941.13— 0.00% USD/COP3,077▼ 0.78% USD/PEN3.35▼ 0.01% USD/ARS1,509— 0.00% USD/UYU40.26▲ 3.12% USD/PYG5,903▲ 3.35% USD/BOB11.98▼ 2.70% USD/DOP58.96▲ 0.56% USD/CRC447.55▲ 1.64% USD/GTQ7.63▲ 2.98% USD/HNL26.85▲ 3.13% USD/NIO36.62▲ 2.58% USD/VES830.41▼ 1.28% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.74▲ 2.35% EUR/BRL5.95▲ 0.25% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 187,206.89 ▼ 0.56% IPSA 11,220.10 ▼ 0.16% IPC MEX 63,924.77 ▼ 0.28% MERVAL 3,098,898 ▼ 1.87% COLCAP 2,589.69 ▼ 1.41% BVL PERÚ 59,373.28 ▼ 0.32% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Politics - Brazil Rio de Janeiro

Hope Fading on Finding Missing From Brazil’s Dam Break

By · November 9, 2015 · 3 min read

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By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Officials in Brazil admit that hope of finding more of the missing 26 people alive in the area where two dams broke last Thursday, is fading. Authorities reports say that three people have died due to the incident, as rescuers worked throughout the weekend to find more survivors in the state of Minas Gerais.

Rescuers continue to search for the 23 missing people, Minas Gerais, Brazil, Brazil News
Rescuers continue to search for the 23 missing people after two dams broke in Minas Gerais, Brazil, photo by Antonio Cruz/Agencia Brasil.
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Those whose homes were flooded with the water and mud from the dams were allowed to go back to their houses for a brief period of time on Sunday to gather their belongings, while tractors tried to remove the mud from roads and fields.

Officials now are worried about the course of the mud river which engulfed a rural area between the historic cities of Ouro Preto and Mariana in Minas Gerais. The river of mud is making its way along riverbeds and is expected to arrive in the state of Espirito Santos on Monday, according to the Brazilian Geological Service.

The dams, constructed by mining company Samarco, broke Thursday, dumping more than 62 million cubic meters of mining residues along the municipality of Bento Rodrigues. Samarco officials say that the mud formed as the water came through the fields and towns is not toxic, and basically composed of water and silica.

Environmentalists, however, say it is still too early to state that the residues, now mixed in the mud, do not offer a threat to the population’s health. Even if the water is not toxic, they say, there will be extensive environmental damage to the area’s vegetation and the riverbanks as the mud spreads.

Residents of the area flooded with mud were allowed to go back on Sunday to look for belongings, Brazil.
Residents of the area flooded with mud were allowed to go back on Sunday to look for belongings, photo by Antonio Cruz/Agencia Brasil.

Over the weekend officials from Brazil’s Vale and Australia’s BHP Billiton released statements expressing concern for the victims and vowing to do anything they can to mitigate the effects of the accident on the local population.

“We would like to express our solidarity to all those affected by the accident of the residue dams of Samarco in Minas Gerais,” stated Vale President, Murilo Ferreira, last Friday. “We will do everything in our power to offer all the support necessary to Samarco and authorities.”

“Our thoughts are with the people of Samarco, the affected community and with the people of Brazil,” said BHP Billiton Chairman, Jac Nasser.

BHP Billiton’s Chief Executive Officer, Andrew Mackenzie, is expected to go to Brazil this week to visit the accident site. According to company officials, BHP Billiton has “offered its full support to help the immediate rescue efforts and to assist with the investigation”. The Australian mining giant also announced that a revision of its iron ore production forecast for the 2016 fiscal year would be undertaken due to the accident.

Samarco officials announced that operations in its Germano Unit, where the two dams gave way have been halted for an undetermined amount of time. The mine produced 29 million tons of iron ore in 2014.

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