The financial fallout from Samarco's Fundão dam collapse in Brazil in November 2015 continues. BHP has announced today that it has reached a settlement with shareholders who acquired shares in BHP Group Limited or BHP Group Plc (now BHP Group (UK) Ltd) during the period August 8, 2012, to November 9, 2015. These shareholders suffered a drop in the value of their holdings due to the dam collapse, which has since resulted in well over $US30 billion in compensation payments being agreed, to be split between the 50-50 joint owners of the mine, BHP and Brazil's Vale. The allegations relate to whether there was proper disclosure to the Australian Securities Exchange (ASX) by BHP about any knowledge of the dam failure risks and the potential for serious adverse human, environmental and financial consequences. Under the terms of this latest settlement agreement, BHP has agreed to pay $110 million, inclusive of interests and costs, with no admission of liability.