New mountain mining – Mountain mining

Mining,

Our main business

An essential activity for modern life

From mobile phones to airplanes, from building structures to coins, minerals are substances for the production of many essential items used in our daily lives.

We are New Mountain our business focused on exploration of minerals such as Gold, Copper, and Silica and many minerals that are importance in modern industries.

Discover our performance in the following segments:

Gold

Gold exists in the nature surrounding us in the form of a raw element, where we can find it in the inner layers of the earth in the form of bright yellow veins. Gold is also found inside the rocks at the bottom of the seas and rivers and appears in the form of yellow grains that the eye can see clearly.

Where we operate

Saudi Arabia

Egypt

Morocco

Saudi Arabia has underground gold reserves estimated at 323.7 tons. The gold metal falls under the metals classified in category (A) in Saudi Arabia.

The number of mines in the Kingdom of Saudi Arabia reaches 6, with a production volume of 434,845 ounces of gold in 2020.

Al-Duwayhi mine is currently the largest gold-producing mine in the Kingdom of Saudi Arabia, and it is located in the Makkah Al-Mukarramah region, with a production volume of approximately 248,998 ounces in 2020.

Copper

Copper is one of the most important metals for the modern industry and, therefore, one of the businesses in which Vale operates. Its thermal energy conductive property surpasses that of any other commercially exploited metal. Malleable, recyclable, and resistant to corrosion and high temperatures, copper is used in the generation and transmission of energy, in wiring and almost all electronic equipment – such as TVs and mobile phones.

Where we operate

Saudi Arabia

Egypt

Morocco

Copper is the third most used metal in the world, right behind iron and aluminum

Records of objects made with this metal date back to 8,000 years before Christ

Also, 66% of annual copper consumption is related to electrical applications

Manganese and Ferroalloy

Manganese, the fourth most used metal in the world, is an element of the composition of several items used in our daily lives, such as batteries, pots, and paint. The mineral is also essential for the manufacture of steel and ferroalloys, which are combinations of iron with one or more chemical elements.

Although almost 90% of manganese production is destined for the steel industry, its applications also include the manufacture of fertilizers, animal feed, and cars.

Where we operate

Brazil

Brazil has 10% of the world's manganese reserves, behind Ukraine (24%), South Africa (22%), and Australia (16%)

We are the largest producer of manganese in Brazil, holding almost 70% of the national market

Silica

Silica Sand is quartz that over time, through the work of water and wind, has been broken down into tiny granules. Silica (SiO2) is the name given to a group of minerals composed solely of silicon and oxygen. Found most commonly in the crystalline state, it also occurs in an amorphous form resulting from weathering or plankton fossilization.

Where we operate