Wednesday, June 17, 2015

A Closer Look At Vale's Salobo Mine

Though iron ore sales account for a majority of the company’s revenues, Vale also has interests in the mining of base metals, particularly copper and nickel. The Salobo copper mine is perhaps Vale’s most valuable base metal mining asset, which not only accounts for the bulk of the company’s copper ore reserves, but is also a source of additional revenues for the company through Vale’s streaming agreement with Silver Wheaton for the gold by-product produced at the mine.

from http://ift.tt/1d0OrCO

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