The 2015 dam collapse killed 19 people, polluted a river and destroyed hundreds of homes.
The dam collapse released toxic waste and mud, which flooded nearby towns, rivers and forests.
The £39bn mega-merger between the two international mining giants collapses after a frantic back and forth.
The firm says BHP's bid to create one of the world's biggest mining groups is "highly unattractive".
The potential mega merger would give BHP access to Anglo American's copper assets.
The 2015 collapse of the Fundão dam in Brazil caused a giant mudslide that killed 19 people.
Australia's BHP said the leave and allowance 'errors' will cost the company up to $280m.
An Australian inquiry has heard allegations of rape and sexual harassment at remote mining camps.
The company, which has been part of the blue chip index for 20 years, is scrapping its dual listing.
