Brazil's Vale to receive $800 mln in deal with Silver Wheaton

Tue Aug 2, 2016 7:52am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

BRASILIA Aug 2 (Reuters) - Brazilian miner Vale said on Tuesday it will receive an initial cash payment of $800 million from a deal with Silver Wheaton to sell an additional percentage of gold contained in the copper concentrate produced at the Salobo mine.

(Reporting by Alonso Soto; Editing by Jeffrey Benkoe)