Neves-Corvo mine is a zinc-copper mine 15 km southeast of Castro Verde, Portugal and 220 km southeast of Lisbon, in the district of Beja (Baixo Alentejo). It has a dedicated rail link, the Ramal de Neves Corvo, to the main Linha do Sul railway, allowing export to the port of Setúbal and others. The mine is principally accessed by shaft mining and a ramp from surface. It is owned by Somnicor, which is owned by Boliden AB.
History
The deposit was found in 1977 following the discovery of a gravimetric anomaly part of the geophysical study of the Iberian Pyrite Belt in south Portugal.
In 1988, Somnicor, the owner of the mine, began exploration of the ore deposits.
In June 2004, Somincor was acquired by EuroZinc from Empresa de Desenvolvimento Mineiro and Rio Tinto for $155 million.[1]
In October 2006, EuroZinc was acquired by Lundin Mining