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94 new deposits suitable for gold exploration have been revealed in Brazil: this precious metal promises to increase annual production by 30 tons, making the country a global leader and generating tens of millions of dollars

Written by Flavia Marinho
Published 11/06/2024 às 07:24
gold - rare earths - mining - iron - copper - nickel - ores - minerals - lithium - deposits - reserves - gold mines - Amazon
In addition to gold, the study also identified areas with potential for the exploration of other minerals, such as iron, copper, nickel and manganese.

In addition to gold, the study also identified deposits with potential for the exploration of other ores, such as iron, copper, nickel and manganese.

Revolution in mining in Brazil: Our country is one of the largest gold producers in the world, but it still has great potential to increase its production and export of the precious metal. According to a report from the Geological Survey of Brazil (MRCP), released in April 2023, there are 94 Brazilian municipalities with deposits and favorable conditions for gold exploration, which could add around 30 tons to annual national production. In addition to gold, the study also identified deposits with potential for the exploration of other ores, such as iron, copper, nickel and manganese. rare Lands

Os results showed that most municipalities with gold deposits are located in the North region, especially in the Amazon, where the country's largest reserves are concentrated. Of the 94 municipalities selected, 51 are in Pará, 13 in Amazonas, 9 in Roraima, 6 in Rondônia and 5 in Amapá. Other states that stand out are Minas Gerais, with 7 municipalities, Bahia, with 4, and Goiás, with 3.

The study also identified areas with deposits for the exploration of other minerals, such as iron, copper, nickel and manganese. In total, 1.684 municipalities with mineral potential were mapped across the country.

The importance of this metal for mining and the Brazilian economy

The importance of gold in the Brazilian economy is undeniable. The country is recognized worldwide as one of the largest producers and exporters of this precious metal. The gold industry plays a fundamental role in generating jobs and economic growth in Brazil, in addition to contributing to the trade balance.

The CPRM report is an important tool to guide investments and public policies aimed at the mining sector, especially at a time when Brazil is seeking recognition as a reliable gold producer on the international scene. According to data from the National Mining Agency (ANM), the country produced 120 tons of gold in 2020, making it the 13th largest producer in the world. However, it is estimated that illegal production is three times greater than legal production, which generates environmental, social and economic losses.

Gold in the Amazon: balance between preservation and exploitation of this precious metal

Among the municipalities mapped by the SGB, some are located in the Amazon, sparking a debate about the exploration of minerals in this sensitive and strategic region for environmental preservation. In mining, it is essential to find a balance between economic exploration and environmental protection, ensuring the sustainability of mining activities.

Illegal gold exploration in the Amazon is a serious problem that affects not only the environment, but also human rights and national security. Illegal mining causes deforestation, mercury pollution of rivers, conflicts with indigenous peoples and traditional communities, violence, slave labor and money laundering.

To combat this scenario, it is necessary to establish strict standards for environmental control and inspection in mining, in order to avoid irreversible damage to the Amazon Forest. The adoption of sustainable practices in the extraction and processing of gold is essential to minimize negative impacts and ensure the preservation of this unique ecosystem.

They discover the third largest rare earth deposit in the world in Brazil: with 21 million tons, it promises to make the country a global leader in the production of essential minerals and generate tens of billions of dollars

Brazil is a reference in the extraction of iron ore, niobium, gold, lithium and niobium. Now, with a rare earth deposit estimated at 21 million tons, according to the Brazilian Mining Institute (IBRAM) and the Geological Survey of Brazil (CPRM), the country has the potential to become one of the five largest mineral producers of rare earths globally in the coming years. This potential could generate revenues worth tens of billions of dollars.

Rare earths are essential in the manufacturing of advanced technologies such as electronics, clean energy, electric vehicles and medical applications.

Exploration of rare earths in Brazil promises to generate billions of dollars in revenue and position the country as a global leader in the production of essential minerals

In addition to the potential of rare earths, Brazil is already a major exporter of iron ore. In 2022, the country earned around US$41 billion from exporting this ore, according to data from the Ministry of Economy. Rare earth exploration in Brazil could become an economic pillar as significant as soybeans, generating billions of dollars in revenue and positioning the country as a global leader in the production of essential minerals for emerging and sustainable technologies.

Rare Earth Minerals: What are they, where are they found and how are they used in our daily lives?

I'd love to know if you've heard of rare earths. Tell us in the comments section if you are a professional in mining, steel or similar. Don't forget to activate CPG notifications to keep up with all the news from Brazil and the world. To the next!

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Flavia Marinho

Flavia Marinho is a Production Engineer with a postgraduate degree in Electrical and Automation Engineering, with extensive experience in the onshore and offshore shipbuilding industry. In recent years, she has dedicated herself to writing articles for news websites in the areas of industry, oil and gas, energy, shipbuilding, geopolitics, jobs and courses, with more than 7 thousand articles published. Contact us to suggest an agenda, advertise job vacancies or advertise on our portal.

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