$VALE Tape Reports
Per Ticker.id: $VALE Tape Reports — 3 podcast mentions across 1 podcast (30 days), latest 2026-08-13 17:10 UTC.
it's sort of like a papal blessing. I mean, he sort of looks at it. Vale Hartmann's doing all the work. How do you create your acclaimed wicked dense 8-paragraph— I've got to read it twice. Note. How do you and Vale put that note together every day?
Tom Keene — Bloomberg Surveillance · Bond Traders Look to Hedge Risk of Fed Cuts · 2026-08-19Okay, but how do you put it together? I mean, do you guys sit around a desk and do it, or does like Vale write it up and you proofread it?
Tom Keene — Bloomberg Surveillance · Bond Traders Look to Hedge Risk of Fed Cuts · 2026-08-19Ian Lincoln, thank you so much. Really appreciate your time to come and bring you. I'd love to get you and Vale together. I think that would be so cool.
Tom Keene — Bloomberg Surveillance · Bond Traders Look to Hedge Risk of Fed Cuts · 2026-08-19And, you know, I think the, the best part from from a mining perspective is once we've done this definition drilling in R2, we can just extend that trip, touch the R2 mineralization, start silling on it potentially as early as Q1 of next year, and, you know, start generating what I think will be some very high-grade mineralization that we can ship off to Vale and also better define the resource or define the deposit so we can have a resource estimate potentially by the end of 2027. So very exciting area. Glad to see the drift going well. It's a real highlight. Anytime I go underground at Lavaque is seeing that drift advancing and now they're going to get diamond drills in there. It'll be really exciting over the next month or two.
Jason Jessup — Mining Stock Daily · Magna Mining CEO on a Landmark Q2 in the Sudbury Basin · 2026-08-13Lower silver prices over Q1 for sure. And not only just silver prices, but we have a delay in when we get paid for silver. So what happens every month with our accounting we ship a certain amount of ore at a certain grade to Vale, and then, you know, we book what that should be worth at the price at that time. And then every month we have to adjust for changes in the price, the market-to-market adjustments. So when you have silver at, you know, extremely high prices back in January and February, and then slides down to where it is now, there's adjustments to be made and those adjustments come right off of what we actually generate. So lower prices and adjustments is the reason. And likewise, when prices go up, there's upward adjustments because what we actually realize and get paid is higher than what we had booked. So we do have that adjustments just the way we get paid, but prices is the biggest factor.
Jason Jessup — Mining Stock Daily · Magna Mining CEO on a Landmark Q2 in the Sudbury Basin · 2026-08-13I can in, in general terms. Some of it's confidential, but basically what we've been working on is some adjustments, um, with Vale in our contract that we think will have net benefits to Magna, um, on how we get paid. And some of these adjustments were retroactive back into Q1. So when we finally settled them in Q2, there were some additional payments due to Vale, which made our costs for Q2 look higher. I would expect that those will be normalized over the rest of the year and going forward, I think we'll have a net benefit to Magna.
Jason Jessup — Mining Stock Daily · Magna Mining CEO on a Landmark Q2 in the Sudbury Basin · 2026-08-13