| Q. |
Where is Voisey's Bay? |
| A. |
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. |
| Q. |
How much mineral resource is contained in the Voisey's Bay deposit? |
| A. |
As of year-end 2007, the Ovoid deposit contains estimated proven and probable resources of 28.9 million tonnes. In addition to the proven and probable reserves in the Ovoid, there are an additional 38.5 million tonnes of indicated resource and 6.3 million tonnes of inferred resource. [Cautionary Note to U.S. Investors] |
| Q. |
How is the mining operation at Voisey's Bay working? |
| A. |
Two nickel sulphide concentrates (also containing copper and cobalt), namely a high grade and a middling grade, as well as a copper sulphide concentrate are being produced at Voisey’s Bay. |
| Q. |
What kinds of concentrates are produced at the concentrator? |
| A. |
Nickel sulphide concentrate (also containing copper and cobalt) and copper sulphide concentrate are the two forms of concentrate produced at Voisey's Bay. |
| Q. |
When did mining operations at Voisey's Bay begin? |
| A. |
Open pit mining began in August 2005 and processing began in September 2005. |
| Q. |
How many people are employed at the mine and concentrator operations? |
| A. |
Approximately 450 people are employed. |
| Q. |
What is the mine-life of Voisey's Bay? |
| A. |
The mine-life at Voisey's Bay is expected to be 14 years. However, there is much more potential at this site and Vale Inco hopes its exploration program will expand that potential even more and allow Voisey's Bay mining operations to run even longer. |
