Vale Sells $800 Million of Future Gold Output to Ease Debt LoadBy
Accord boosts Silver Wheaton’s gold share in Salobo to 75%
Vale looking to reduce debt to $15 billion from $27 billion
Vale SA sold more of its future gold output to Silver Wheaton Corp. as the Brazilian miner strives to lighten a $27 billion-plus net debt load, the industry’s biggest after Glencore Plc’s.
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