Status: Study phase, investment decision expected
Proposed products: High grade copper–gold
Proposed mine rate: 1.0Mtpa
Mine life: ~8 years
Location: ~100 km south of Parauapebas and 30 km east of Canaã
Proposed mining method: Underground open-stoping
Proposed processing method: Conventional crushing, grinding and flotation
- Series of new strategic agreements with Vale, option to purchase Santa Lúcia exploration project included.
- Contract with Vale signed.
- Resource drilling program commenced.
- Maiden mineral resource released.