RE:RE:Don't we havekha341 wrote: Clipper2 wrote: a sh*t load of iron ore?
We do. We are using it to make FeV now. I guess we could sell half of our stockpile if we can find a buyer.
hI kha hope you are staying safe.
The following is for the new Largo investors, and for those not familiar with the dam problems. Sorry for the bad language. LOL.
We discussed the Brazilian mine closures a while back when a number of the Vale mines were shut down after a dam failure.
This link is more recent (6 weeks old).
The Coronavirus is being blamed for the closures but many mines have been closed due to leaking and failed dams. and I'm sure the virus is reaking havok in Northern Brazil but thank goodness Maracus has no cases.
There is no dam at the Maracus mine and the tailings are stored in a pond which is frequently inspected and they have had no problems.
https://s22.q4cdn.com/197308373/files/doc_downloads/2019/tailings_faq2019.pdf https://www.mining.com/brazil-shuts-47-mining-dams-deemed-unsafe/