IBOV 174,907.87 ▼ 1.03% IPSA 10,956.85 ▲ 0.37% IPC MEX 66,247.47 ▼ 1.56% MERVAL 3,306,661 ▼ 0.39% COLCAP 2,290.71 ▲ 0.33% BVL PERÚ 58,287.01 — — USD/BRL5.06▼ 0.42% USD/MXN17.46▼ 0.35% USD/CLP943.65▼ 0.24% USD/COP3,213▼ 0.07% USD/PEN3.40▲ 0.25% USD/ARS1,494▲ 0.34% USD/UYU40.14▲ 1.38% USD/PYG6,022▲ 1.26% USD/BOB11.18▲ 4.51% USD/DOP57.99▼ 0.28% USD/CRC449.17▲ 1.76% USD/GTQ7.63▲ 2.33% USD/HNL26.75▲ 0.82% USD/NIO36.62▲ 0.26% USD/VES740.37▲ 0.46% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.29▲ 0.11% USD/TTD6.71▲ 0.92% EUR/BRL5.76▼ 0.25% BRENT 97.23 ▼ 3.44% WTI 89.77 ▼ 2.63% IRON ORE 161.91 — — COPPER 6.35 ▲ 0.67% GOLD 4,063 ▲ 0.41% SILVER 58.59 ▲ 1.36% SOY 1,247 ▲ 0.75% CORN 482.50 ▲ 3.99% WHEAT 669.75 ▼ 3.81% COFFEE 314.65 ▲ 1.70% SUGAR 14.62 ▼ 0.48% ORANGE JUICE 142.45 ▼ 2.96% COTTON 80.00 ▲ 0.20% COCOA 5,370 ▲ 1.30% BEEF 223.70 ▼ 0.75% CATTLE 345.13 ▲ 0.39% LITHIUM 68.14 ▼ 1.27% PETR4 42.42 ▼ 1.23% VALE3 75.41 ▼ 0.36% ITUB4 42.26 ▼ 0.70% BBDC4 18.56 ▼ 0.85% ABEV3 15.80 ▼ 0.75% BBAS3 20.51 ▼ 2.01% B3SA3 15.62 ▼ 0.19% WEGE3 45.77 ▲ 0.22% PRIO3 59.35 ▼ 1.97% SUZB3 42.09 ▼ 0.80% RENT3 37.16 ▲ 0.05% AZZA3 16.89 ▼ 0.94% CSAN3 3.85 ▼ 1.28% RAIZ4 0.27 — 0.00% PCAR3 2.87 — 0.00% GMAT3 3.87 — 0.00% PSSA3 54.83 ▼ 0.63% CVCB3 1.34 ▲ 2.29% POSI3 3.61 ▼ 1.63% SLCE3 13.73 ▼ 0.29% NATU3 8.44 ▼ 1.40% BRKM5 6.09 ▼ 1.30% RANI3 7.94 ▲ 0.13% CSNA3 5.34 ▲ 0.75% CMIN3 5.85 ▲ 0.34% USIM5 8.45 ▼ 0.47% GGBR4 24.20 ▲ 0.58% ENEV3 25.08 ▼ 2.41% CPFE3 45.49 ▼ 1.58% CMIG4 11.03 ▼ 1.43% EQTL3 38.39 ▼ 1.61% LREN3 13.25 ▼ 0.90% VIVT3 35.55 ▲ 2.45% RAIL3 13.71 ▼ 1.79% KLABIN 17.42 ▼ 1.36% RAIA DROGASIL 18.08 ▼ 0.60% RDOR3 33.40 ▼ 0.80% HAPV3 10.27 ▼ 1.91% FLRY3 16.36 ▼ 1.33% SMTO3 15.28 ▼ 2.74% UGPA3 32.87 ▼ 1.56% VBBR3 35.24 ▼ 1.01% BBSE3 41.64 ▼ 1.79% BPAC11 55.36 ▼ 1.67% CURY3 29.58 ▼ 0.14% AERI3 2.03 ▲ 0.50% VIVARA 21.25 ▼ 0.93% COMPASS 24.90 ▼ 0.72% VAMOS 3.22 ▲ 0.31% SANB11 26.40 ▼ 0.86% ASAI3 7.89 ▼ 1.62% SBSP3 28.47 ▼ 0.97% WALMEX 47.82 ▲ 1.01% GMEXICO 210.09 ▲ 0.40% FEMSA 223.11 ▲ 0.35% CEMEX 21.54 ▲ 0.28% GFNORTE 191.70 ▲ 1.29% BIMBO 58.68 ▼ 0.68% TELEVISA 9.81 ▲ 0.20% AMX 22.82 ▲ 0.26% GAP 373.94 ▼ 0.67% ASUR 267.00 ▼ 1.05% OMA 225.89 ▼ 0.62% KOF 179.34 ▼ 0.21% GRUMA 266.56 ▼ 0.88% KIMBER 39.69 ▲ 1.07% SQM-B 65,994 ▲ 0.76% COPEC 6,385 ▲ 2.00% BSANTANDER 79.65 ▼ 0.44% FALABELLA 6,081 ▲ 0.38% ENELAM 85.18 ▲ 0.21% CENCOSUD 1,957 ▼ 0.55% CMPC 1,045 ▼ 0.58% BANCO CHILE 191.71 ▲ 0.52% LATAM AIR 23.89 ▲ 1.66% YPF 81,250 ▼ 1.49% GGAL 7,875 ▼ 0.88% PAMPA 5,580 ▼ 0.89% TXAR 676.50 ▼ 0.51% ALUAR 979.00 ▼ 0.36% TGS 9,915 ▼ 0.80% CEPU 2,410 ▼ 0.41% MIRGOR 16,575 ▼ 0.90% COME 42.81 ▲ 0.66% LOMA NEGRA 3,670 ▼ 2.52% BYMA 292.00 ▼ 0.17% TELECOM ARG 4,333 ▲ 0.17% ECOPETROL 16.23 ▼ 0.61% BANCOLOMBIA 87.74 ▲ 1.09% GRUPO AVAL 4.95 ▲ 0.20% CREDICORP 391.49 ▲ 1.00% SOUTHERN COPPER 182.88 ▲ 0.36% BUENAVENTURA 31.54 ▲ 0.70% MERCADOLIBRE 1,833 ▲ 1.91% NUBANK 14.32 ▲ 0.91% XP 16.96 ▲ 0.74% PAGSEGURO 9.41 ▼ 0.58% STONE 11.07 ▲ 0.82% GLOBANT 31.58 ▲ 3.17% TECNOGLASS 45.41 ▲ 3.82% GAP AIRPORT 214.65 ▼ 0.37% ASUR 267.00 ▼ 1.05% OMA AIRPORT 103.34 ▼ 0.77% AMX ADR 26.08 ▲ 0.48% FEMSA ADR 127.81 ▲ 0.57% CEMEX ADR 12.27 ▲ 0.08% PETROBRAS ADR 18.89 ▼ 0.61% VALE ADR 14.87 ▲ 0.24% ITAU ADR 8.35 ▼ 0.06% SANTANDER BR 5.33 ▼ 0.56% AMBEV ADR 3.11 ▲ 0.49% CSN 1.06 — 0.00% GERDAU 4.81 ▲ 0.73% LATAM ADR 51.07 ▲ 2.46% BTC 63,777 ▼ 1.95% ETH 1,854 ▼ 1.24% SOL 73.82 ▼ 2.69% XRP 1.09 ▼ 1.75% BNB 557.93 ▼ 1.59% ADA 0.16 ▼ 2.63% DOGE 0.07 ▼ 0.86% AVAX 6.20 ▼ 0.99% LINK 8.31 ▼ 1.80% DOT 0.79 ▼ 2.86% LTC 46.12 ▼ 1.72% BCH 209.03 ▼ 1.44% TRX 0.33 ▲ 0.46% XLM 0.18 ▼ 3.11% HBAR 0.07 ▼ 0.73% NEAR 1.84 ▼ 2.31% ATOM 1.39 ▼ 2.26% AAVE 94.19 ▼ 0.89% SELIC 14.25% EMBRAER 83.14 ▼ 0.31% EMBRAER ADR 65.64 ▲ 0.25% JBS 12.24 ▲ 0.87% JBS BDR 61.84 ▲ 0.03% MBRF3 15.33 ▼ 1.67% MBRFY 3.00 ▼ 2.91% INTER 5.49 ▲ 0.46% EGX 53,932 ▼ 0.11% USD/ZAR16.80▼ 0.11% USD/NGN1,363▼ 0.44% NIKKEI 64,611 ▼ 2.73% CSI300 4,649 ▼ 1.67% HSI 24,963 ▼ 0.98% NIFTY 23,767 ▼ 0.43% KOSPI 6,691 ▼ 5.72% JCI 6,196 ▼ 1.88% USD/JPY 163.77 — 0.00% 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0.41% SILVER 58.59 ▲ 1.36% SOY 1,247 ▲ 0.75% CORN 482.50 ▲ 3.99% WHEAT 669.75 ▼ 3.81% COFFEE 314.65 ▲ 1.70% SUGAR 14.62 ▼ 0.48% ORANGE JUICE 142.45 ▼ 2.96% COTTON 80.00 ▲ 0.20% COCOA 5,370 ▲ 1.30% BEEF 223.70 ▼ 0.75% CATTLE 345.13 ▲ 0.39% LITHIUM 68.14 ▼ 1.27% PETR4 42.42 ▼ 1.23% VALE3 75.41 ▼ 0.36% ITUB4 42.26 ▼ 0.70% BBDC4 18.56 ▼ 0.85% ABEV3 15.80 ▼ 0.75% BBAS3 20.51 ▼ 2.01% B3SA3 15.62 ▼ 0.19% WEGE3 45.77 ▲ 0.22% PRIO3 59.35 ▼ 1.97% SUZB3 42.09 ▼ 0.80% RENT3 37.16 ▲ 0.05% AZZA3 16.89 ▼ 0.94% CSAN3 3.85 ▼ 1.28% RAIZ4 0.27 — 0.00% PCAR3 2.87 — 0.00% GMAT3 3.87 — 0.00% PSSA3 54.83 ▼ 0.63% CVCB3 1.34 ▲ 2.29% POSI3 3.61 ▼ 1.63% SLCE3 13.73 ▼ 0.29% NATU3 8.44 ▼ 1.40% BRKM5 6.09 ▼ 1.30% RANI3 7.94 ▲ 0.13% CSNA3 5.34 ▲ 0.75% CMIN3 5.85 ▲ 0.34% USIM5 8.45 ▼ 0.47% GGBR4 24.20 ▲ 0.58% ENEV3 25.08 ▼ 2.41% CPFE3 45.49 ▼ 1.58% CMIG4 11.03 ▼ 1.43% EQTL3 38.39 ▼ 1.61% LREN3 13.25 ▼ 0.90% VIVT3 35.55 ▲ 2.45% RAIL3 13.71 ▼ 1.79% KLABIN 17.42 ▼ 1.36% RAIA DROGASIL 18.08 ▼ 0.60% RDOR3 33.40 ▼ 0.80% HAPV3 10.27 ▼ 1.91% FLRY3 16.36 ▼ 1.33% SMTO3 15.28 ▼ 2.74% UGPA3 32.87 ▼ 1.56% VBBR3 35.24 ▼ 1.01% BBSE3 41.64 ▼ 1.79% BPAC11 55.36 ▼ 1.67% CURY3 29.58 ▼ 0.14% AERI3 2.03 ▲ 0.50% VIVARA 21.25 ▼ 0.93% COMPASS 24.90 ▼ 0.72% VAMOS 3.22 ▲ 0.31% SANB11 26.40 ▼ 0.86% ASAI3 7.89 ▼ 1.62% SBSP3 28.47 ▼ 0.97% WALMEX 47.82 ▲ 1.01% GMEXICO 210.09 ▲ 0.40% FEMSA 223.11 ▲ 0.35% CEMEX 21.54 ▲ 0.28% GFNORTE 191.70 ▲ 1.29% BIMBO 58.68 ▼ 0.68% TELEVISA 9.81 ▲ 0.20% AMX 22.82 ▲ 0.26% GAP 373.94 ▼ 0.67% ASUR 267.00 ▼ 1.05% OMA 225.89 ▼ 0.62% KOF 179.34 ▼ 0.21% GRUMA 266.56 ▼ 0.88% KIMBER 39.69 ▲ 1.07% SQM-B 65,994 ▲ 0.76% COPEC 6,385 ▲ 2.00% BSANTANDER 79.65 ▼ 0.44% FALABELLA 6,081 ▲ 0.38% ENELAM 85.18 ▲ 0.21% CENCOSUD 1,957 ▼ 0.55% CMPC 1,045 ▼ 0.58% BANCO CHILE 191.71 ▲ 0.52% LATAM AIR 23.89 ▲ 1.66% YPF 81,250 ▼ 1.49% GGAL 7,875 ▼ 0.88% PAMPA 5,580 ▼ 0.89% TXAR 676.50 ▼ 0.51% ALUAR 979.00 ▼ 0.36% TGS 9,915 ▼ 0.80% CEPU 2,410 ▼ 0.41% MIRGOR 16,575 ▼ 0.90% COME 42.81 ▲ 0.66% LOMA NEGRA 3,670 ▼ 2.52% BYMA 292.00 ▼ 0.17% TELECOM ARG 4,333 ▲ 0.17% ECOPETROL 16.23 ▼ 0.61% BANCOLOMBIA 87.74 ▲ 1.09% GRUPO AVAL 4.95 ▲ 0.20% CREDICORP 391.49 ▲ 1.00% SOUTHERN COPPER 182.88 ▲ 0.36% BUENAVENTURA 31.54 ▲ 0.70% MERCADOLIBRE 1,833 ▲ 1.91% NUBANK 14.32 ▲ 0.91% XP 16.96 ▲ 0.74% PAGSEGURO 9.41 ▼ 0.58% STONE 11.07 ▲ 0.82% GLOBANT 31.58 ▲ 3.17% TECNOGLASS 45.41 ▲ 3.82% GAP AIRPORT 214.65 ▼ 0.37% ASUR 267.00 ▼ 1.05% OMA AIRPORT 103.34 ▼ 0.77% AMX ADR 26.08 ▲ 0.48% FEMSA ADR 127.81 ▲ 0.57% CEMEX ADR 12.27 ▲ 0.08% PETROBRAS ADR 18.89 ▼ 0.61% VALE ADR 14.87 ▲ 0.24% ITAU ADR 8.35 ▼ 0.06% SANTANDER BR 5.33 ▼ 0.56% AMBEV ADR 3.11 ▲ 0.49% CSN 1.06 — 0.00% GERDAU 4.81 ▲ 0.73% LATAM ADR 51.07 ▲ 2.46% BTC 63,777 ▼ 1.95% ETH 1,854 ▼ 1.24% SOL 73.82 ▼ 2.69% XRP 1.09 ▼ 1.75% BNB 557.93 ▼ 1.59% ADA 0.16 ▼ 2.63% DOGE 0.07 ▼ 0.86% AVAX 6.20 ▼ 0.99% LINK 8.31 ▼ 1.80% DOT 0.79 ▼ 2.86% LTC 46.12 ▼ 1.72% BCH 209.03 ▼ 1.44% TRX 0.33 ▲ 0.46% XLM 0.18 ▼ 3.11% HBAR 0.07 ▼ 0.73% NEAR 1.84 ▼ 2.31% ATOM 1.39 ▼ 2.26% AAVE 94.19 ▼ 0.89% SELIC 14.25% EMBRAER 83.14 ▼ 0.31% EMBRAER ADR 65.64 ▲ 0.25% JBS 12.24 ▲ 0.87% JBS BDR 61.84 ▲ 0.03% MBRF3 15.33 ▼ 1.67% MBRFY 3.00 ▼ 2.91% INTER 5.49 ▲ 0.46% EGX 53,932 ▼ 0.11% USD/ZAR 16.83 ▲ 0.10% USD/NGN 1,363 ▼ 0.24% NIKKEI 64,611 ▼ 2.73% CSI300 4,649 ▼ 1.67% HSI 24,963 ▼ 0.98% NIFTY 23,767 ▼ 0.43% KOSPI 6,691 ▼ 5.72% JCI 6,196 ▼ 1.88% USD/JPY 163.77 — 0.00% USD/CNY 6.7616 ▼ 0.08% DAX 24,984 ▲ 0.89% CAC 8,337 ▲ 0.45% FTSE 10,709 ▲ 0.65% MIB 51,608 ▲ 0.57% IBEX 19,509 ▲ 1.26% STOXX 642.04 ▲ 0.43% EUR/USD 1.1380 ▼ 0.02% GBP/USD 1.3329 ▲ 0.10% SPX 7,411 ▲ 0.04% DJI 51,816 ▲ 0.20% NDX 28,239 ▼ 0.76% RUT 2,934 ▼ 0.20% TSX 35,316 ▲ 0.35% VIX 18.64 ▼ 0.32% USD/CAD 1.4093 ▲ 0.09% US10Y 4.6670 ▼ 0.77%
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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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