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State miner to acquire 20% stake in Vale Indonesia
Brazilian mining giant Vale announced on Friday that its Canadian subsidiary Vale Canada Limited (VCL) has reached an agreement to sell a 20% stake in the nickel producer PT Vale Indonesia to state-controlled PT Indonesia Asahan (Inalum). The sale is valued at $290...
Codelco says to suspend northern construction projects due to pandemic
Chile’s state-controlled Codelco copper miner said on Saturday it will suspend construction projects in the northern part of the country and try to maintain production at its Chuquicamata mine while staffing the operation with local personnel. The company issued a...
VanadiumCorp working on mineral resource estimate for Lac Doré project
VanadiumCorp Resource said that it is about to kick off a mineral resource estimate on its Lac Doré vanadium property in Quebec, Canada. In a press release, VanadiumCorp said it has engaged Vancouver-based mining consulting firm CSA Global to carry out the study. The...
Vale to resume operations at Voisey’s Bay in July
Vale, the world’s top producer of nickel and iron ore, is fine-tuning details to reopen its Voisey’s Bay open-pit nickel mine and concentrator in Canada next month. Full capacity at the northern Labrador-based operation should be reached in August, the Brazilian...