Brazil orders Vale to halt Corrego do Feijao operations after dam burst

Brazil's National Mining Agency on Saturday ordered Vale SA to suspend operations at its Corrego de Feijao iron ore mining facility after a dam burst there released a torrent of sludge that has left hundreds missing. State prosecutors have also entered a motion to freeze 5 billion reais ($1.3 billion) in Vale's accounts for handling damages, state prosecutor Antonio Sergio Toner told reporters, adding that he expects more funds to be frozen in the future.