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Goro mine
The Goro mine is a large nickel mine in the south of New Caledonia, near the township of Yaté, Prony Bay, in the South Province. It is owned by the Brazilian company Vale. The large mine and plant was opened at Goro in 2010 although it has had frequent stoppages. ==Details == Goro represents one of the largest nickel reserves in New Caledonia, which produces 25% of world nickel reserves. Goro has estimated reserves of 370 million tonnes of ore grading 1.6% nickel. The 370 million tonnes of ore contains 5.92 million tonnes of nickel metal.〔 The Goro mine is targeted to produce about 40,000 tonnes of nickel per year, and also some cobalt from saprolite deposits. It was designed by the Canadian company Inco, and completed by the Brazilian company Vale after the purchased Inco.〔http://www.reuters.com/article/2014/05/29/home-nickel-idUSL6N0OF2Y120140529〕 Ore comes from a huge open cut mine on the Plaine des Lacs. Nickel and cobalt are delivered by conveyor to Prony Bay. The processed high grade Nickel Oxide is then shipped to Vale's refinery in Dalian, China. Vale have a 69% share and a joint company called Sumic Nickel Netherlands, Japan's Sumitomo Metal Mining Co. Ltd., and Mitsui Co. Ltd., hold a 21% share. The three provinces of New Caledonia hold the remaining 10%.
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