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Vale's Totten mine to be launched two years behind schedule
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Brazilian miner Vale's Totten nickel mine located in Sudbury, Canada will be launched two years behind schedule, with the mine is expected to start operations at the end of 2013, according to media reports.

Vale stated that the delays have been caused by technical and financial difficulties. Due to the crisis in 2008 and 2009, Vale had to make some restrictions in its capital investments. The delays have caused the project costs to increase from $360 million to $759 million.The Totten mine has a projected life of 20 years.

 
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