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Vale pulls trigger on C$2B Voisey's Bay underground expansion

Diversified miner Vale has signed two cobalt streaming deals worth US$690 million to help fund development of the Voisey’s Bay underground expansion (VBME), in Newfoundland and Labrador, for which it has made a positive development decision.

Henry Lazenby in Vancouver
Voisey's Bay underground set to fly on streaming deals

Voisey's Bay underground set to fly on streaming deals

In what is the first diversification from its traditionally silver and gold-focused streaming portfolio, Wheaton Precious Metals and junior Cobalt 27 Capital will buy 75% of the finished cobalt to be delivered...

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