Asset report

Viga iron ore mine

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Report summary

The Viga mine is located near the town of Congonhas in Minas Gerais state, roughly 80 kilometres south of Belo Horizonte.Ferrous is currently investing in the so-called 'Viga 4+' project which will allow the mine to process low-grade itabirite ores into a high-grade concentrate product as well as save costs by improving efficiency. Phase 1 was completed in mid-2017. Phase 2 has its start-up planned for Q1 2019.All of Viga's production is currently being sold on a FOB mine basis.After the completion of the Viga 4+ project, we expect Viga to transition to a concentrate-only operation with output to be solely sold into the seaborne export market.

What's included

This report contains

  • Document

    Viga iron ore mine

    PDF 789.76 KB

  • Document

    Viga.xls

    XLS 232.00 KB

Table of contents

  • Key facts
    • Summary
    • Key issues
  • Location maps
  • Participation
  • Geology
  • Reserves and resources
  • Production
  • Operations
  • Infrastructure
  • Costs
  • Sales contracts
  • Economic assumptions

Tables and charts

This report includes 13 images and tables including:

Images

  • Detail Map
  • Production
  • Cash cost

Tables

  • Key facts: Table 1
  • Participation
  • Marketable reserves (at 01/01/2018)
  • Production
  • Operations
  • Infrastructure
  • Cash cost (US$/tonne)
  • Capital costs (US$ million)
  • Product quality
  • Economic assumptions

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