RE:Vale Shutting Down Manitoba Mine Comments Star??
Vale and the other producers will always be interested in VB grade deposits.
The Birchwood closure is unfortunate but there is a key statement in the the announcement that says it all.
"After more than 100 years of operation, the mine is approaching the end of its natural life. The low grades at Stobie are no longer economical to mine in today's challenging price environment."
If E & L has the tonnage, rest assured one of the majors will start kickin tires !!
Sauli