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Paragominas Data

Related News

  • IFC close to $2.7bn debt refinancing for Mozambique's Nacala railway 2016-10-07
    The International Finance Corporation, part of the World Bank, expects to close a $2.7-billion debt refinancing for the Nacala Corridor railway project in Mozambique early next year, a senior IFC official said on Friday. The refinancing could help to ease balance sheet pressure on Brazilian miner Vale which is developing the railway and a coal mine in the region.
  • Vale says rail delay limits new iron mine output to 75m tonnes 2016-09-20
    Brazil's Vale said on Monday output from its new S11D iron-ore mine in the Amazon region will be limited to 83 percent of full capacity as efforts to preserve cash and limit transport disruptions crimp a needed railway expansion. The $14.3 billion project, Vale's biggest-ever investment, was widely expected to produce up to 90 million metric tonnes a year of iron-ore - the key ingredient in steelmaking - after a two-year ramp-up scheduled to begin by year-end.
  • Vale says rail delay limits new iron-ore mine output to 75mt 2016-09-20
    Brazil's Vale said on Monday output from its new S11D iron-ore mine in the Amazon region will be limited to 83 percent of full capacity as efforts to preserve cash and limit transport disruptions crimp a needed railway expansion. The $14.3 billion project, Vale's biggest-ever investment, was widely expected to produce up to 90 million metric tonnes a year of iron-ore - the key ingredient in steelmaking - after a two-year ramp-up scheduled to begin by year-end.
  • Brazil grants Vale licence for Amazon iron-ore mine rail branch 2016-09-17
    Brazil granted Vale a ten-year licence to operate a 101-km branch line connecting its $14.3-billion S11D iron-ore mine project in the Amazon jungle to the Carajas Railway, the company said in a statement on Friday. The Carajas Railway branch will allow Vale, the world's largest iron ore exporter, to haul S11D's output to the Port of Ponta da Madeira in Sao Luis, Brasil to ships that will load the product for export.
  • Brazil's Coelho says Samarco may resume operations subject to conditions 2016-09-15
    Brazil's Samarco Mineração will be able to resume iron-ore mining operations should co-owners Vale and BHP Billiton come through with promised investments, Mining and Energy Minister Fernando Coelho said on Thursday. Samarco had operations halted last November, when a tailings dam at the mine burst and unleashed a mud flow that killed 19 people, left hundreds homeless and polluted a major river.

Paragominas Information

  • General 2015-05-10
    We extract bauxite at our own quarry in Paragominas in the state of Para, one of Brazil's northernmost states. Annual capacity is almost 10 million metric tons.

Nearby Locations

Nearby Location News

  • Avanco to earn into Jaguar's gold project 2016-10-07
    Metals developer Avanco Resources has signed a deal with TSX-listed Jaguar Mining to acquire the Gurupi gold project, in northern Brazil. Under the terms of the agreement, Avanco can earn an initial 20% interest in the project by paying a cash fee of $1.7-million, and an additional $500 000 in either cash or shares, as well as spending $300 000 to perfect title and establish access at the project within 12 months.
  • ASX: Avanco to Acquire Advanced Gold Project 2016-10-06
  • Luna Gold Corporation Announces Positive Pre-Feasibility Study Results on Aurizona Gold Project and Proposed Share Consolidation 2016-09-12

    VANCOUVER, BC--(Marketwired - September 12, 2016) - Luna Gold Corp. (TSX: LGC) -

    Highlights Include:

  • Luna Gold Announces Greenfields Exploration Agreement With AngloGold Ashanti 2016-05-27

    VANCOUVER, BC--(Marketwired - May 27, 2016) - Luna Gold Corp. (TSX: LGC), ("Luna" or the "Company") is pleased to announce that it has entered into an exploration agreement with AngloGold Ashanti Limited for the Company's greenfields mineral claims that surround its past-producing Aurizona Gold Mine in northern Brazil. The terms of the agreement require AngloGold Ashanti to invest US$14 million in exploration expenditure over a four year period to earn a 70% interest in the mineral claims. The joint venture will not include mineral claims that correspond to the Aurizona Gold Mine, the nearby Tatajuba orebody extension and other brownfields properties, or the Touro greenfields property. Should AngloGold Ashanti not fund the US$14 million in exploration over the 4-year earn in period, then they will not receive any interest in the mineral claims.

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