RE:RE:RE:Maybe we could get China in on the dealSawtooth1, China vs Vale-Brazil.
I prefer Vale.
Vale is owns & is the operating the Voisey Bay Ni Cu Co Mine in Labrador.
Vales' ships ship the concentrate to Vale's Processing Facilities in Long Habour.
Voisey's Bay is one of Vale's three nickel operations in Canada.
It mines and processes nickel in Thompson, Man., and in Sudbury, where it operates a refinery, two smelters, a mill and seven mines.
A large nickel deposit was discovered in hills along the western shore of the bay in September 1993 by Archean Inc., a prospecting firm hired by Diamond Fields Resources Inc. This deposit is considered to be one of the most substantial mineral discoveries in Canada in the last 40 years and is estimated to contain 141 million tonnes at 1.6% nickel.
Currently the mining rights for the Voisey's Bay nickel deposit belong to the Toronto-headquartered Vale Inco company, a subsidiary of Vale. The bulk carrier ship Umiak I was built to transport ore from the mine.
Since the discovery of the Voisey's Bay deposit, efforts have been increased to find similar deposits in coastal Labrador.