Original article by Amanda Saunders, Matthew Stevens
The Australian Financial Review – Page: 17 : 10-Nov-15

Deutsche Bank’s Paul Young says BHP Billiton may have to reconsider its progressive dividend policy in the wake of a fatal incident at its Samarco iron ore joint venture in Brazil. Deutsche estimates that BHP and joint venture partner Vale could face costs of at least $US1bn ($A1.4bn) arising from the failure of a tailings dam at the mine in the state of Minas Gerais. Young says the Samarco project is unlikely to resume production before fiscal 2019, and it could potentially be closed permanently.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, VALE SA, DEUTSCHE BANK AG, SAMARCO MINERACAO SA