Geomechanics.io

  • Free Tools
Sign UpLog In
Built byBoxcut Studio

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
    Projects

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

    April 1, 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

    Mining
    about 6 hours ago

    Stratum AI at Simberi JORC resource: key modelling takeaways for geologists

    Artificial intelligence models from Toronto-based Stratum AI are now underpinning the publicly reported JORC mineral resource estimate for St Barbara’s operating Simberi gold mine in Papua New Guinea, in what is claimed as one of the first such applications globally. Developed jointly with Perth-based St Barbara, the models were used directly in resource estimation rather than as a parallel or shadow study. For geologists and resource modellers, this signals growing regulator and owner confidence in AI-derived domaining and grade interpolation workflows within formal reporting frameworks.

    Mining
    about 6 hours ago

    MINEXCHANGE 2027 SME Conference: technical programme highlights for mining engineers

    MINEXCHANGE 2027 SME Annual Conference & Expo will run from 28 February to 3 March 2027 at the Colorado Convention Center in Denver, bringing together thousands of mining professionals, students and suppliers. The event will feature more than 100 technical sessions spanning mine planning, drilling and blasting, mineral processing, tailings, automation and ESG. For engineers, it offers concentrated access to current practice, emerging technologies and peer case studies in a single venue-scale programme.

    Mining
    about 6 hours ago

    Obuasi’s fourth Gekko ILR in 2027: recovery and circuit impacts for metallurgists

    AngloGold Ashanti’s Obuasi gold mine in Ghana will commission a fourth Gekko InLine Leach Reactor (ILR) in 2027, expanding a circuit that already runs three ILRs alongside a BIOX® refractory ore treatment plant. The decision extends more than two decades of site experience with ILR technology, originally adopted at Obuasi in its early commercial rollout. Additional ILR capacity should increase gravity gold recovery from concentrates, reduce lock-up in the BIOX® circuit and give metallurgists more flexibility in treating variable high-sulphide ore.

    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.

    AllGeotechnicalInfrastructureHazardsEnvironmental