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Belvedere 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.

Belvedere Information

  • General 2015-05-10
    Located near Moura and approximately 175 kilometres from the Port of Gladstone, Vale owns 100% of the Belvedere Coal Project. The project - planned to be developed as an underground longwall operation - has immense potential, offering a large, good quality, metallurgical coal resource. Proposed multi-longwall operation producing 7 Mtpa over a 40 year mine life

Nearby Locations

Nearby Location News

  • Operations suspended at Baralaba pending Cockatoo restructure 2016-02-09
    The Baralaba coal mine, in Queensland, has been placed on care and maintenance in order to preserve cash and the value of the asset, pending a restructure or sale of ASX-listed Cockatoo Coal. Cockatoo went into administration in November last year, after a A$81-million bank guarantee facility from Australia and New Zealand Banking group was terminated in October.
  • ASX: Baralaba Mine placed into care and maintenance 2016-02-08
  • Australian Greens seek assurance on mine rehab responsibilities 2016-02-02
    The Australian Greens party has called on the Queensland state government to ensure that diversified miner Anglo American did not back out of its environmental responsibilities at the Callide coal mine. Last month, Anglo American entered into a share sale agreement with unlisted Batchfire Resources to divest of the thermal coal mine.
  • Australian Greens seek assurance on mine rehab responsibilities 2016-02-02
    The Australian Greens party has called on the Queensland state government to ensure that diversified miner Anglo American did not back out of its environmental responsibilities at the Callide coal mine. Last month, Anglo American entered into a share sale agreement with unlisted Batchfire Resources to divest of the thermal coal mine.
  • Australian Greens seek assurance on mine rehab responsibilities 2016-02-02
    The Australian Greens party has called on the Queensland state government to ensure that diversified miner Anglo American did not back out of its environmental responsibilities at the Callide coal mine. Last month, Anglo American entered into a share sale agreement with unlisted Batchfire Resources to divest of the thermal coal mine.

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