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Vale Expects to Free All 39 Trapped Canadian Miners Tuesday

  • Thirty of the Totten mine workers have been rescued so far
  • Vale shares fell on news of incident Monday, before recovering
Updated on

Vale SA, one of the world’s biggest producers of iron ore and nickel, expects all 39 workers trapped in an underground mine since Sunday to be freed later this morning. 

Thirty employees at the Totten mine in Sudbury, Ontario, have been rescued, a company official said. Earlier Vale said in a statement the miners who returned to the surface are in good health, and the remainder are on their way. The workers were uninjured and began their ascent via a ladder system with the support of a rescue team, the Rio de Janeiro-based company said Monday.