Marathon continues to infill Berry zone at Valentine
Latest drill results from the 6-km Berry corridor in central Newfoundland continue to return gold intervals from an area between existing deposits.
Latest drill results from the 6-km Berry corridor in central Newfoundland continue to return gold intervals from an area between existing deposits.
Minas Gerais’ Secretary General said the state opposed both the amount and some of the terms offered by Vale.
Vale said in a statement that the meeting was "constructive".
Miner and Ningbo Zhoushan Port to invest in iron ore storage and processing facilities in Zhejiang.
The interval includes a higher-grade 45-metre interval of 1.18% copper, 1.01 g/t gold and 4 g/t silver (2.13% copper-equivalent) from 401 metres.
In April, the company released a prefeasibility study for Valentine, which outlined a 12-year open pit and conventional milling operation producing an average of 175,000 oz. of gold annually in the first nine years of operation.
Company said recovered inventories in China will give the producer more flexibility on sales going forward.
Net profit for the three months through September climbed to $2.9 billion from $1.6 billion a year earlier.
The company's second lethal dam disaster in three years was a formative moment for ethical investment in Brazil.
A mining waste dam burst in 2015 at BHP and Vale's Samarco joint venture in the town of Mariana, releasing a torrent of sludge that killed 19 people.