Vale expects 'no major consequence' from slope slippage at Gongo Soco mine

June 01, 2019 / www.metalbulletin.com / Article Link

Brazil-based miner Vale said fragments of the northern slope of the Gongo Soco mine pit slipped early on Friday May 31 but did not have any adverse effects on the nearby Sul Superior dam.

"These pieces settled gently at the bottom of the pit, with early assessments indicating that the wall is sliding gradually, verifying evaluations that any further slippage should occur without major consequence," Vale said.Vale recently observed a displacement of a slope at the mine pit, which is located in the country's southeastern Minas...

Recent News

AOCE and WB boost gold targets for 2025 significantly

November 10, 2025 / www.canadianminingreport.com

Gold and silver price ETFs see major net outflows

November 04, 2025 / canadianminingreport.com

Gold stocks decline by less than metal price

November 04, 2025 / www.canadianminingreport.com

A shift to the later stages of gold and silver bull markets

October 27, 2025 / www.canadianminingreport.com

Gold stocks plunge on metal drop

October 27, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok