Vale, BHP could strike $18B deal over Brazil dam collapse, Reuters says

Mining companies Vale (VALE) and BHP (BHP), together with their joint venture Samarco, may soon reach an agreement with Brazilian authorities to pay around $17.87B for the collapse of a dam in the city of Mariana, four sources familiar with the matter told Reuters. Three of the sources expect a final agreement to be reached in October, the report added.