Avenida Graça Aranha, 26, 12º andar
RIO DE JANEIRO
Rio de Janeiro
Brazil,
20.030-900
Phone: +55 21 3814-4540
Fax: +55 21 3814-9935
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Company SummaryVALE is a publicly traded corporation whose predominant activities are mining, processing and sale of iron ore, pellets, gold, manganese and potash, as well as port and railroad transportation services. In addition, through its direct and indirect subsidiaries and jointly controlled companies, VALE operates in transoceanic and coastal shipping, logistics, forestation, geological studies and technological research services, steel, aluminum, pulp and paper products, energy and e-business. VALE's Gold and base metal businesses represent a small fraction of the companies annual revenues (ie gold revenues in the second half of 2000 amounted to 5.4% and base metal revenues amounted to approximately 2%) Company NewsWednesday, November 04, 2009 Cantex Mine Development and Vale reported to have collected 1894 soil samples, a satellite image was acquired and detailed geological mapping was conducted over the Suwar area. Ground geophysical surveys included 32 line kilometers of ground magnetics, 15 kilometers of ground gravity and a ground induced polarization (IP) survey covering a 2.5 km by 2.5 km area. The results of this work identified several drill targets. The most significant of these were two IP anomalies. The eastern IP anomaly was modeled to be approximately 800 meters long and between 130 and 250 meters wide. The western anomaly was modeled to be 600 meters long and between 150 and 300 meters wide. Map Legend: Producer Past Producer  Development  Exploration |
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