{"id":1065174,"date":"2018-10-04T10:44:53","date_gmt":"2018-10-04T10:44:53","guid":{"rendered":"http:\/\/juniorminingnews.com\/?p=1065174"},"modified":"2018-10-04T10:44:53","modified_gmt":"2018-10-04T10:44:53","slug":"vale-studying-1b-expansion-of-salobo-copper-mine-in-brazil-report-2","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1065174","title":{"rendered":"Vale studying $1B expansion of Salobo copper mine in Brazil \u2014 report"},"content":{"rendered":"

By Cecilia Jamasmie<\/a><\/span> <\/p>\n

Vale (NYSE:VALE), the world’s No.1 iron ore miner, is set to approve a $1 billion expansion of its vast Salobo copper-gold mine, located in Caraj\u00e1s, Brazil, later this month, according to people with knowledge of the matter.<\/p>\n

The project \u2014 known as the Salobo 3 \u2014 is expected to take about three years to complete ah and would add about 50,000 tonnes to the open-pit mine’s current capacity of 200,000 tonnes of copper per year, the anonymous sources told Bloomber<\/em>g<\/a>.<\/p>\n

At around 1,800km2, Caraj\u00e1s is the second largest land holding in a region known for iron oxide copper-gold deposits of which Salobo is the prime example. The mine, the largest copper deposit ever discovered in Brazil, is estimated to hold more than 1 billion tonnes of the red metal.<\/p>\n

Canada’s Wheaton Precious Metals (TSX, NYSE: WPM) is a major partner in the mine and receives 75 percent of the gold produced from it.<\/p>\n

More to come\u2026<\/em><\/p>\n

The post Vale studying $1B expansion of Salobo copper mine in Brazil \u2014 report<\/a> appeared first on MINING.com<\/a>.<\/p>\n

…read more<\/a> <\/p>\n

From:: Infomine<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By Cecilia Jamasmie Vale (NYSE:VALE), the world’s No.1 iron ore miner, is set to approve a $1 billion expansion of its vast Salobo copper-gold mine, located in Caraj\u00e1s, Brazil, later this month, according to people with knowledge of the matter. The project \u2014 known as the Salobo 3 \u2014 is expected to take about three […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[360],"tags":[],"class_list":["post-1065174","post","type-post","status-publish","format-standard","hentry","category-infomine"],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1065174","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1065174"}],"version-history":[{"count":0,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1065174\/revisions"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1065174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1065174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1065174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}