Vale selling Moatize coal mine for $270 million. Brazilian miner and iron ore producer Vale has signed a binding agreement to sell its Moatize coal mine as well as its Nacala Logistics Corridor of Vulcan Minerals for $270 million, Vale said on Tuesday. Vulcan Minerals is a subsidiary of Jindal Group.
Report summary. By the end of 2017 Sossego was operating three conventional open pits (Sossego, Sequerinho and Pista) and a 41kt/d flotation mill with single SAG feeding two ball mills. Based on current (Dec 2017) reserves, Vale estimates a mine life until 2027 but with stockpiles this could be extended one or two more years.
Sandstorm has purchased 9.3 million units of Vale's participating royalties for a net price of US$108 million. The royalty package includes copper and gold production from the Sossego mine in Brazil, iron ore production from Brazil, and on sales of certain other assets. The royalties are accrued as of the beginning of 2021.
MTG products have been officially approved to be used in all mining operations conducted by Vale. Context . Mina do Sossego is Brazil's most abrasive mine. Since using MTG's teeth, adapters and shrouds the wear life of their hydraulic excavators GET has improved substantially.
On Monday (11/29/2021), Vale presented its prospects for the coming years, at a meeting with investors, in New York, which was broadcast live. The CEO, Eduardo Bartolomeo, opened the event by reinforcing that the Company's priority remains to repair Brumadinho quickly and fairly. The CEO also announced Vale's social ambition:
Statements"and "RiskFactors"in Vale'sannual report on Form 20-F." "CautionaryNote to U.S. Investors - The SEC permits mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We present certain information in this presentation,
Vale lowers copper, nickel output guidance for coming years Brazilian miner Vale has reduced its production guidance for copper and nickel in the coming years, following a few disruptions and maintenance downtime in 2021, the company said on Monday November 29.
In Brazil, the mining company Vale operates two copper mining projects in the Carajás region (Pará), where Vale has concentrated its investments in recent years based on the extraction of iron ore, nickel and manganese. The Sossego project started to operate in 2004 and it is located in the municipality of Canaã dos Carajás.
Vale deposits tailings waste from its Sossego copper mine in Northern Brazil at a nearby lake. The tailings disposal facility is estimated to contain approximately 90 million tonnes of waste containing 0.07% of copper which, if recovered, can …
Vale S.A.'s VALE third-quarter 2021 iron ore production was 89.4 million tons (Mt), which came in 1% higher than the year-ago quarter and 18% higher than the second quarter of 2021.The company stated that it will cut back production of low-margin iron-ore in the fourth quarter by about 4 Mt tons due to low prices.
COP26: Miner Vale joins Brazil state's $91 million forest recovery program. Vale has joined an initiative launched Nov. 10 at the UN's COP26 Climate Change Conference in Glasgow by Brazilian state-owned development bank BNDES to invest Real 500 million ($91 million) in forest recovery over seven years, the diversified miner said in a statement.
Sossego's Mine - Carajás - Brazil Everywhere Statue of Liberty 73 metric tonnes of copper sheeting were used to create the Statue of Liberty's skin. Ship hulls When combined with nickel, copper makes an alloy resistant to barnacles; this alloy is applied to ship hulls to reduce drag and increase fuel efficiency.
Vale's Salobo mine ("Salobo") is the largest copper deposit ever discovered in Brazil. The low-cost copper-gold mine began operating in May 2012 with a design throughput capacity of 12 million tonnes per annum ("Mtpa"). Vale has subsequently completed a second phase of construction to expand the mine to 24 Mtpa of mill capacity.
Sossego copper mine Report summary By the end of 2017 Sossego was operating three conventional open pits (Sossego, Sequerinho and Pista) and a 41kt/d flotation mill with single SAG feeding two ball mills. Based on current (Dec 2017) reserves, Vale estimates a mine life until 2027 but with stockpiles this could be extended one or two more years.
4. Summary: Salobo I and II. Run-of-mine ore at 2.5 m top size is hauled in 240 t trucks and crushed in one of two 60" x 89" primary gyratory crusher (600 kW motor), rated for 1,826 t/h each, to a product size distribution with 80% of the mass passing 152 mm while operated with an open-side setting (OSS) of 140 mm.
The Planalto Copper Project covers meta-volcano-sedimentary sequences and intrusives of early Proterozoic-age with IOCG-type mineralization, located near Vale's Sossego copper mine and Oz Minerals' Antas copper mine, in the Carajás Mineral Province of northern Brazil. Lara has the option to purchase of the Planalto Project by making ...
Brazilian miner Vale is reportedly looking to buy a stake in Minas-Rio iron ore project located in the Brazilian state of Minas Gerais, from Anglo American. Vale is considering acquiring a stake of 30-40% in the iron ore project, which includes open pit mines and a beneficiation plant, reported Bloomberg News citing one of the people knowledge ...
Molycop Training @ Vale- Sossego in Brazil. 17 October 2019. Molycop Training team at VALE- SOSSEGO mine in Brazil. A great photo of the Molycop Training team at VALE- SOSSEGO mine in Brazil just after completing their training session on the 15th and 16th of October. The feedback was extremely positive and we hope to be back there soon.
The present study aimed at developing an in-depth study of simulation technology application as a supporting system for operator qualification, as well as a study instrument for haul truck fuel consumption cutdown at the Vale Sossego mine site. The operating Sossego copper mine unit is located in the municipality of Canaã dos Carajás, state ...
Sossego Mine operates. In 2004, Vale inaugurates the Sossego Mine, the company's first copper operation. Vale Botanical Park. Photo: Vitor Nogueira. Stimulating living with nature. The Botanical Park began its activities in May 2004 and is part of Vale's Green Belt in Vitória, Espírito Santo. The space of 33 hectares of Atlantic Forest is ...
Vale - Sossego Copper Mine ago. de 2011 - mar. de 2012 8 meses. Parauapebas, Brazil Historical data analysis and application of Six Sigma techniques to identify critical variables for the mine operation process. Definition of technical limits for statistic process control, control charts and standardization.
from its Pedra Branca mine to the Vale-owned Sossego mill. "The ore supply agreement provides additional processing flexibility and capacity should it be required in the future. Pedra Branca is closer to Sossego than Antas, representing ore handling logistics benefits. If Santa