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Voisey's Bay Project
Voisey's Bay
Country Canada 
Province Newfoundland
Close to Nain
Status PRODUCTION 
Latitude / Longitude 56 N 31 / 61 W 41
Legends
Valorisation
Print Valuation Travel To Property All neighbouring Properties Mines and deposits nearby All active properties nearby
Produces Cobalt - Copper - Nickel -
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Risk and valuation analysis of the Voisey's Bay Project
Status Risk : Production
Country Risk : Very Low
Resource Risk : 99.00%
Title(s) of the Voisey's Bay Project
International Royalty Corporation
Net Smelter Return: 2.7%
All ProjectsCompany website
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
Altius Minerals Corporation
Net Smelter Return: 0.3%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
Altius has a 10% interest in the Labrador Nickel Royalty Limited Partnership. The Limited Partnership holds a 3% net smelter return royalty over the Voisey’s Bay nickel-copper-cobalt project in Labrador that is owned and operated by Vale INCO NL.
Location of the Voisey's Bay Project
The Voisey's Bay property is in northern Labrador on a peninsula bordered to the north by Anaktalak Bay and to the south by Voisey's Bay, approximately 35 km southwest of Nain. Labrador is part of the province of Newfoundland and Labrador, located on Canada’s Atlantic coast.
 
History of the Voisey's Bay Project
In 1996, Vale Inco acquired the rights to the Voisey's Bay nickel-copper-cobalt deposits located on the eastern edge of a vast expanse of northern wilderness 300 kilometres north of Happy Valley-Goose Bay in Labrador, Canada. In June 2002, Vale I more...
 
Reserves and resources of the Voisey's Bay Project
TonnageGradeReserves and resources
NickelCopperCobaltNickelCopperCobalt
%%%lbslbslbs
 Proven25,500,0003.041.750.151 709 023 456 983 812 845 84 326 815
 Probable3,400,0001.760.370.03 131 924 618 27 734 153 2 248 715
 Proven and Probable28,900,0002.891.590.141 840 948 0741 011 546 998 86 575 530
 Total 28 900 0001 840 948 0741 011 546 998 86 575 530
Definitions
Reserves and resources of the Voisey's Bay Project
MetalTotalReservesResources / Mineralized MaterialUnitIn situ value
ProvenProbableProven and ProbableMeasuredIndicatedMesured and IndicatedInferred
 Copper1 011 546 998 983 812 845 27 734 1531 011 546 998 lbs3 331 530 037 US$
 Nickel1 840 948 0741 709 023 456 131 924 6181 840 948 074 lbs US$
 Cobalt 86 575 530 84 326 815 2 248 715 86 575 530 lbs US$
Production history
Metal20092008
COPPER (lbs)122,000,000
NICKEL (lbs)171,000,000
Location
Data last updated on : 12/31/2007
Disclaimer
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources