The Latest: Vale shares tank after Brazil mine breach
BRUMADINHO,
Shares of big Brazilian mining company
The company's American depository shares on the
A treacherous sea of reddish-brown mud that surged out Friday when the iron ore mine's dam breached is up to 24 feet (8 meters) deep in some places.
Sen.
The company is the world's largest producer of iron ore, the raw ingredient for making steel.
Firefighters say the death toll from a Brazilian mine dam collapse has risen to 60, with 292 people still missing.
In an ominous sign, nobody was recovered alive Sunday.
The slow pace of search efforts is due to the treacherous sea of reddish-brown mud that surged out when the mine dam breached Friday afternoon. It is up 24 feet (8 meters) deep in some places.
Meanwhile, anger is growing at the company that operates the mine.
Sen.
A German company that last year inspected the dam in
TUEV Sued, based in
The company declined to provide further details about the reviews, which were commissioned by Vale. But TUEV Sued said it was "fully supporting the investigations and making all required documents available to the investigating authorities."
Brazilian authorities say up to 300 people are still missing after iron ore waste from a mine that flooded the mine complex and nearby neighborhoods in the southeastern city of Brumadinho.
Firefighters in
The confirmed death toll rose to 58 late Sunday, with up to 300 people still missing, according to authorities. In an ominous sign, nobody was recovered alive Sunday, a stark difference from the first two days of the disaster, when helicopters were whisking people from the mud.
A treacherous sea of reddish-brown mud that surged out when the mine's dam breached Friday afternoon is up to 24 feet (8 meters) deep in some places.
Search efforts were suspended about 10 hours Sunday because of fears that a second mine dam in the southeastern city of Brumadinho was at risk of failing. An estimated 24,000 people were told to get to higher ground.



This Elkins Park company has a plan to reduce employees’ health-care costs
Professional Liability Coverage Expert, Michael McCluskey, Joins Brooks Insurance Agency as Senior Vice President
Advisor News
- NAIFA: Financial professionals are essential to the success of Trump Accounts
- Changes, personalization impacting retirement plans for 2026
- Study asks: How do different generations approach retirement?
- LTC: A critical component of retirement planning
- Middle-class households face worsening cost pressures
More Advisor NewsAnnuity News
- Trademark Application for “INSPIRING YOUR FINANCIAL FUTURE” Filed by Great-West Life & Annuity Insurance Company: Great-West Life & Annuity Insurance Company
- Jackson Financial ramps up reinsurance strategy to grow annuity sales
- Insurer to cut dozens of jobs after making splashy CT relocation
- AM Best Comments on Credit Ratings of Teachers Insurance and Annuity Association of America Following Agreement to Acquire Schroders, plc.
- Crypto meets annuities: what to know about bitcoin-linked FIAs
More Annuity NewsHealth/Employee Benefits News
- Validation of the French Versions of the PHQ-4 Anxiety and Depression Scale and the PC-PTSD-5 Post-Traumatic Stress Disorder Screening Scale: Mental Health Diseases and Conditions – Anxiety Disorders
- EmblemHealth will pay $2.5M after investigation reveals 'ghost network' of providers
- Researchers from California Polytechnic State University Report on Findings in COVID-19 (Exploring the Role of Race/Ethnicity, Metropolitan Status, and Health Insurance in Long COVID Among U.S. Adults): Coronavirus – COVID-19
- Former NFL player convicted in nearly $200M Medicare fraud scheme
- Senior Health Insurance in Florida Adapts to 2026 Care Costs
More Health/Employee Benefits NewsLife Insurance News