BHP Billiton - Vale mining disaster 2015

As rescue crews worked during the weekend, Brazilians once again raised longstanding questions about the regulatory rigor and the health and environmental risks of mining, one of the country’s biggest industries and a key driver of exports.

Brazilian authorities late on Saturday were investigating a second suspected death after two dams at a major mine in the country’s southeast burst and unleashed a massive mudflow that wreaked havoc across more than 80 km (50 miles).

A dozen residents of villages downstream from the burst dams remain missing, along with 13 workers from the mine. Officials warned of a higher death toll even as they struggle to find bodies probably swept away by the torrent.

One death from the disaster was confirmed on Friday, and authorities reported the body of someone believed to be a second victim on Saturday evening.

The cleanup bill and potential environmental lawsuits could be more costly than the loss of output. BHP Billiton and Vale already face the lowest iron ore prices in a decade.

More at the Australian Finanical Review