Brazilian miner Vale expected its second-quarter results to be affected by adjustments in provisions it made for compensation payments related to the disaster at a tailings dam in Brumadinho, in the country's southeastern Minas Gerais state.
The adjustments will include a deposit of 400 million Reais ($107 million) in compensation for collective moral damages to be made on August 6.The company reported a net loss of $1.64 billion in the first quarter of 2019, due to the creation of provisions of $4.5 billion to...