Brazil's Samarco misses second bond interest payment in a month

Samarco Mineração, the Brazilian iron-ore mining joint venture that suspended operations in November following a dam disaster, on Monday said it had missed a $20-million interest payment related to a senior unsecured bond due in 2023. The payment on the $700-million bond was due on Monday and the company has 30 days to remedy the situation, according to a statement on the company's website.