Sandstorm Gold pays $138 million for Vale, Vatukoula streaming deals
The royalty package includes copper and gold production from the Sossego mine in Brazil and iron ore production from Brazil.
The royalty package includes copper and gold production from the Sossego mine in Brazil and iron ore production from Brazil.
Since the Vale strike began, the premium on briquette has risen 24%.
The investment, Vale's largest single one made at its Thompson operations, will extend current mining activities by 10 years.
Companies will make stainless steel raw material nickel pig iron in Sulawesi.
Vizsla says the results allow it to trace the Napoleon vein to over 950 metres of continuous mineralization.
With the train, Timbopeba processing plant will be able to operate at least at 80% of its capacity of 33,000 tonnes of iron ore "fines" per day.
Samarco's debt with Vale and BHP totals 23 billion reais, while bondholders are owed the equivalent of 26 billion reais.
Vale was obliged to halt the mine after the workers rejected its initial offer.
It would take around 60 days for Vale to implement the solution, according to a person familiar with the plan.
The 2,500 workers at the mine walked off the job on June 1, complaining about plans to cut health and medical benefits for retirees as well as minimal wage increases.
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