Vale (NYSE: 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 mining giant said on Thursday.
Vale initially placed Voisey’s Bay mine on care and maintenance for four weeks as a precaution amid the fast-spreading coronavirus pandemic. It later extended the measure for up to three months, leaving an ongoing mine expansion project on hold.
In 2015, Vale launched the Voisey’s Bay Mine Expansion (VBME) project to promote the transition from open pit to underground mining. Construction began in 2016 and is expected to be completed by 2022.
For the rest of this article: https://www.mining.com/vale-to-resume-operations-at-voiseys-bay-in-july/?utm_source=dlvr.it&utm_medium=twitter