Company estimates that only in 9 years it should reach a production scale between 22-24 million tonnes of iron ore per year, the same level as before the failure of the Fundão dam.
Company withdrew its 2020 guidance for the mine in northern Brazil in September, after a power outage caused damage to all four of the operation’s SAG and ball mill motors.
Newmont (NYSE: NEM, TSX: NGT) became the fourth most valuable mining company in the world on Wednesday after completing its non-core divestiture program with […]