New mining manager outlines his vision for Vale at Thompson chamber meeting – by Kyle Darbyson (Thompson Citizen – June 5, 2019)

https://www.thompsoncitizen.net/

Gary Eyres tells business owners about nickel concentrate, electric cars and new exploration initiatives

After three months on the job, Vale’s latest mining manager Gary Eyres spoke at the Thompson Chamber of Commerce meeting May 29. Throughout his 44-minute presentation, Eyres outlined what Vale’s Manitoba Operations look like right now and where they are headed in the future.

The Australian went over Vale’s current status as a strictly mining and milling operation in Thompson since its smelter and refinery shut down for good back in late 2018.

However, Eyres said the concentrate load-out facility completed about a year ago allows the company to ship out 14 to 16 trucks’ worth of concentrate to Sudbury, Ontario for processing every day.

Outside of the $80 million they sank into building this load-out facility, Eyres revealed that Vale also invested $20 million in their underground mining operations last year.

Moving into the future, Eyres is looking to invest in expanded underground initiatives that will take the company into previously unexplored areas, which could result in up to $6.3 billion in wages between now and 2045 – which works out to about $250 million per year.

For the rest of this article: https://www.thompsoncitizen.net/news/thompson/new-mining-manager-outlines-his-vision-for-vale-at-thompson-chamber-meeting-1.23845636

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