SPECIAL ISSUE 2022

The new rule about resources and reserves brings Brazil into line with other countries in the specific rules governing the certification of mineral reserves and resources.

Globally, Brazil ranks 5th in production and exports. Its mining-industrial park operates with modern techniques in a geological environment that favors ongoing diversification of the stone portfolio offered on the world market.

This is the opinion of Rodrigo Barbosa, CEO of Aura Minerals, a gold producer with assets in Mexico, Honduras, the United States, and Brazil, which expects to invest two-thirds of its current R$ 1.5 billion investment budget in developing projects in Brazilian territory.

Luís Maurício Azevedo, president of the Brazilian Association of Mineral and Mining Research Companies (ABPM) sums up the favourable performance achieved by Brazilian mining in 2021, when output increased by more than 60 percent, in local currency terms.

The Geological Survey published the initial findings in the area known as the leading emerging geological province for gold, now raised to the status of a polymetallic province.

Following the severe impact caused by accidents at two tailings dams, Brazil’s mining companies have moved more closely into line with international standards in ESG.