Copper $ 5.6358 / lb 2.72%
Brent Crude Oil $ 104.4 / bbl -4.21%
Palladium $ 1496.5 / ozt 5.39%
Crude Oil $ 101.85 / bbl -3.06%
Natural Gas $ 2.89 / Btu 0.10%
Silver Futures $ 75.495 / ozt 7.47%
Aluminum Futures $ 3314.25 / ton -1.21%
Micro Gold Futures $ 4713.1 / ozt 3.80%
Micro Silver Futures $ 75.48 / ozt 7.54%
Platinum $ 1973.85 / ozt 4.22%
Gold Futures $ 4713.3 / ozt 3.84%
Go to MDC Markets

Vale resumes operations at Salobo copper mine

Reuters | October 22, 2021 | 12:17 pm Top Companies Latin America Copper 
Vale resumes operations at Salobo copper mine
Salobo copper mine. Credit: Vale SA

Brazilian miner Vale SA has resumed operations at its Salobo copper mine, which were suspended on Oct. 5 due to a fire that affected a conveyor belt, it said on Friday.

Vale said in a securities filing that it expects to ramp up its copper concentrate output in Salobo by Oct. 25, adding that the impact from the halting of its production reached about 8,000 tonnes. It is still investigating what caused the fire.

(By Gabriel Araujo; Editing by Stephen Eisenhammer)

Comments

Your email address will not be published. Required fields are marked *

No comments found.

More News

{{ commodity.name }}