Geomechanics.io

  • Free Tools
Sign UpLog In

Geomechanics.io

Geomechanics, Streamlined.

© 2026 Geomechanics.io. All rights reserved.

Geomechanics.io

CMRR-ioGEODB-ioHYDROGEO-ioQCDB-ioFree Tools & CalculatorsBlogLatest Industry News

Industries

MiningConstructionTunnelling

Company

Terms of UsePrivacy PolicyLinkedIn
    AllGeotechnicalMiningInfrastructureMaterialsHazardsEnvironmentalSoftwarePolicy
    Projects

    Vale 20% reserve growth target to 2027: planning notes for mine engineers

    March 31, 2026|

    Reviewed by Tom Sullivan

    Vale 20% reserve growth target to 2027: planning notes for mine engineers

    First reported on MINING.com

    30 Second Briefing

    Vale’s base metals unit is targeting a 20% increase in Canadian and Brazilian mineral reserves and resources between 2024 and end‑2027, building on 2024 gains that lifted total copper reserves and resources 6% to 53 million tonnes and nickel 13% to 14 million tonnes, with copper resources now covering more than 65 years at current production rates. Proven and probable reserves stand at 1.25 billion tonnes grading 0.66% Cu (8.2 Mt contained) and 419.3 million tonnes grading 1.42% Ni (5.9 Mt contained), supporting CEO Gustavo Pimenta’s plan to double copper output from 382,000 tonnes to 1 Mt/y over the next decade. Exploration priorities for 2026 include doubling drilling in Brazil’s Carajás to over 120,000 m and intensifying brownfield work at Sudbury and Voisey’s Bay to extend near‑mine, satellite and down‑plunge mineralisation.

    Technical Brief

    • Proven and probable copper reserves increased from 8.1 Mt to 8.2 Mt contained year-on-year.
    • Nickel proven and probable reserves rose from 5.6 Mt to 5.9 Mt contained over the same period.
    • Salobo mine in Pará delivered record Q4 copper output, driving a 6% quarter-on-quarter copper increase.
    • Vale’s 2025 exploration results and 2026 outlook underpin the reserve growth target and drilling expansions.
    • Carajás drilling will exceed 120,000 m in 2026, explicitly focused on copper growth targets.
    • Brownfield exploration at Sudbury and Voisey’s Bay is directed at sustaining and expanding existing Cu–Ni operations.
    • Near-mine extensions, satellite deposits and down-plunge continuity are the primary geological targets for copper additions.
    • Strategic focus has been narrowed to iron ore, copper and nickel after underperforming diversification attempts.

    Our Take

    With Vale Base Metals already lining up Sandvik AutoMine-ready drills for Brazilian copper operations (Jan 2026 item), the 20% reserve/resource growth push in Carajás and Salobo likely assumes higher drilling productivity and tighter blast control to convert resources to reserves faster.

    The separate move to bring in Exiro, Orion and Canada Growth Fund at the Thompson nickel complex in Manitoba (Feb 2026) suggests Vale is comfortable using partnership capital for Canadian nickel, which could free more internal capital to chase copper and iron ore reserve growth in Brazil and Sudbury.

    Within our 356 copper- and iron-ore-keyword pieces, Vale’s stated ambition to support more than six decades of copper production puts it at the long-life end of the asset spectrum, which typically underpins lower unit costs and stronger bargaining power with OEMs and contractors across Latin America and Canada.

    Geotechnical Software for Modern Teams

    Centralise site data, logs, and lab results with GEODB-io, CMRR-io, and HYDROGEO-io.

    No credit card required.

    • Save and export unlimited calculations
    • Advanced data visualisation
    • Generate professional PDF reports
    • Cloud storage for all your projects

    Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.

    Related Articles

    Top 50 mining companies add $250bn in 2026: capital and project signals for engineers
    Mining
    about 10 hours ago

    Top 50 mining companies add $250bn in 2026: capital and project signals for engineers

    Global mining majors added $250 billion in value in early 2026, lifting the MINING.COM Top 50 to a combined $2.41 trillion despite the US–Iran war and volatile gold at about $4,700/oz and silver above $70/oz, both off record spikes. BHP briefly exceeded a $200 billion market capitalisation, copper contributed $7.95 billion to its half‑year operating earnings, and six miners – including Agnico Eagle, Zijin Mining, Southern Copper and Newmont – now sit in the $100‑billion club. At the other end, Amman Minerals fell 27% on Indonesian smelter delays and Ivanhoe Mines cut Kamoa‑Kakula 2026 copper guidance to 290,000–330,000 tonnes, dropping it below the $18 billion Top 50 cut‑off.

    pH7 Technologies’ closed-loop PGM and chalcopyrite leaching: key notes for mine planners
    Mining
    1 day ago

    pH7 Technologies’ closed-loop PGM and chalcopyrite leaching: key notes for mine planners

    Canadian processor pH7 Technologies is expanding its Vancouver facility, backed by up to C$4 million from NRC IRAP, to scale its organo-electrochemical platform that recovers platinum, palladium and rhodium from secondary materials without toxic reagents or tailings wastewater. The commercial plant already processes spent catalytic converters, producing 30,000–40,000 oz of platinum-equivalent PGMs per year under a tolling and offtake model involving partners such as Mitsubishi. pH7 is now piloting electrochemically generated oxidants to heap leach chalcopyrite and other sulphide ores without cyanide, targeting on-site mine deployment within 1–2 years across South America, Africa and Australia.

    Dellner Bubenzer mining brakes: integrated drivetrain design notes for engineers
    Mining
    2 days ago

    Dellner Bubenzer mining brakes: integrated drivetrain design notes for engineers

    Dellner Bubenzer is supplying a wide range of industrial brakes and couplings for mining hoists, slewing drives and belt conveyors, developed in long-term collaboration with OEMs. The company focuses on both service and emergency braking solutions tailored to heavy-duty mining duty cycles and harsh environments, addressing controlled hoisting, precise slewing and high-tension conveyor stopping. For engineers, the key point is an integrated approach to drivetrain and braking design, rather than bolt-on safety systems, across multiple critical mining applications.

    Related Industries & Products

    Mining

    Geotechnical software solutions for mining operations including CMRR analysis, hydrogeological testing, and data management.

    Construction

    Quality control software for construction companies with material testing, batch tracking, and compliance management.

    CMRR-io

    Streamline coal mine roof stability assessments with our cloud-based CMRR software featuring automated calculations, multi-scenario analysis, and collaborative workflows.

    HYDROGEO-io

    Comprehensive hydrogeological testing platform for managing, analysing, and reporting on packer tests, lugeon values, and hydraulic conductivity assessments.

    GEODB-io

    Centralised geotechnical data management solution for storing, accessing, and analysing all your site investigation and material testing data.