TORONTO, June 13 /PRNewswire-FirstCall/ -- CVRD Inco announced today that contrary to published reports, its Goro nickel project on the French Pacific island of New Caledonia remains on schedule to begin commissioning and production in the fourth quarter of 2008.
Some wire services earlier today erroneously reported a delay in the start-up timetable that had been made public by the Company in April of this year. In fact, the schedule for developing the Goro property that was announced in April remains unchanged.
Onca Puma, the Company's nickel development project in Brazil, remains on schedule to start production in late 2008 as well.
CVRD Inco, a wholly-owned subsidiary of Companhia Vale do Rio Doce, is the world's leading producer of nickel and an important supplier of copper, cobalt and precious metals.
© 2007 PR Newswire
