Re: Voisey's Bay shipments halted amid Vale Inco-N.L. dispute

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Old Joe

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Re: Voisey's Bay shipments halted amid Vale Inco-N.L. dispute

in response to

Voisey's Bay shipments halted amid Vale Inco-N.L. dispute

rwinger7717

posted on Jan 28, 2009 05:50AM

There is no dispute between the NL Gov and VALE.

There is a Ore Carrier on site and they will load and ship when they feel the time is right. It makes good news when VALE says it may not bring 50 - 100 thousand tonnes of Ore to Market and may extend the length of the Summer Shut Down. It is intended to support the Commodity price. The Technical Work Plans are behing schedule (due to VALE) but the Construction Schedule and Funding for the Hydrothermal Plant in Long Harbor are still in place and will proceed as planned.

Note: If you are getting your info from the G&M, you know it is badly slanted and is likely negative advertising/BASHING toward NL.