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Brazil: Morro de Ouro mine production up 50%.
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South American Business Information
- Article date:
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December 4, 2004
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Copyright informationCOPYRIGHT 2004 COMTEX News Network, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Brazil, Dec 1, 2004 (Jornal do Commercio/SABI via COMTEX)
The Canadian mining company Kinross Americas will expand the Morro de Ouro mine production by 50%. The group held 49% stake in the facility but acquired the remaining 51% from Rio Tinto for US$260mil. Morro de Ouro is based in Paracatu (Minas Gerais state) and owns a capacity of 6.5 m tons of gold per year, to reach between 9 and 10 m tons per year as of 2007, targeting ...
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Brazil: Morro de Ouro mine production up 50%.
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......Canadian mining company Kinross Americas will expand the Morro de Ouro mine production by 50%. The group held 49% stake in...acquired the remaining 51% from Rio Tinto for US$260mil. Morro de Ouro is based in Paracatu (Minas Gerais state) and owns a...
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