BHP displays good crisis management

By now, the human and environmental tragedy arising from the collapse of a tailings dam owned by Samarco – a Brazilian iron-ore joint venture between BHP Billiton (ASX: BHP) and Vale (BOVESPA: VALE) – is well known.I’ll wait for the proper investigations to be completed before assigning blame to any particular sins of commission or omission by Samarco. Instead, I want to commend BHP and chief executive Andrew Mackenzie for their response to this disaster.On hearing the news, instead of relying on lawyers and public relations ‘experts’, Mackenzie quickly decided to fly to Brazil and personally inspect the damage. Rather than offering excuses,...

By now, the human and environmental tragedy arising from the collapse of a tailings dam owned by Samarco – a Brazilian iron-ore joint venture between BHP Billiton (ASX: BHP) and Vale (BOVESPA: VALE) – is well known.

I’ll wait for the proper investigations to be completed before assigning blame to any particular sins of commission or omission by Samarco. Instead, I want to commend BHP and chief executive Andrew Mackenzie for their response to this disaster.

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