The collapse of a tailings dam at an iron ore mine in the south-east Brazilian state of Minas Gerais will not change miner Vale's plans for its base metals division, the company's chief financial officer, Luciano Siani, said on Thursday March 28.
During a conference call with analysts, Siani said that the Salobo and Sossego copper mines will continue to operate normally, while the expansion of Salobo will continue."These mines in northern Brazil won't be affected," Siani said. "Their tailings dams use the conventional method, and are soon...