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Billion-dollar investment transforms mining in Brazil and could extract more than 80 ounces of gold per year!
A mining company british Hochschild Mining is causing a stir in the mining sector by investing R $ 1 billion in Goiás. This significant contribution is transforming the extraction of gold in the Mara Rosa region, where the company is already operating at full steam, with an impressive production of 8 thousand tons of raw ore per day. This operation has the potential to generate more than 2 tons of gold annually, according to jornalopção.
The plant in operation and its ambitions
The Hochschild plant began commercial operation in the second quarter of 2024 and has an installed capacity to produce 80 thousand ounces of gold per year. With an expected useful life of 12 years of the gold mine, the mining company is committed to optimizing its processes and maximizing mine efficiency. Rodrigo Nunes, COO of the company, emphasized: “We are operating at nominal capacity and making adjustments to further increase efficiency.. "
Partnership with the government: a pillar for success
The support of government, both municipal and state, was crucial to the success of this transformative project. Nunes highlighted the importance of this partnership: “Goiás understood the importance of this investment for the region, and the support has been fundamental.”
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Expansion of operations: new horizons for Hochschild
But Hochschild's ambitions don't stop there! The mining company is exploring other opportunities in Brazil, such as Monte do Carmo project No. Tocantins. Hochschild entered into a call option with the Cerrado Gold in an agreement of 60 million U.S. $, which will allow the company to expand its operations in the gold mining sector. If the purchase is exercised by the first quarter of 2025, the mining company will have to pay more 45 million U.S. $, consolidating its presence in new regions.
Carina Module: a promising project in Nova Roma
Another municipality in Goiás, new rome, is in Hochschild's sights. Through its participation in Aclara Resources, the mining company is making the Carina Module project, which involves a robust investment of 599 million U.S. $. The goal is to produce Rare Earth Elements from ionic clays, further expanding the presence of mining in Goiás and boosting the development of the region.
Goiás: a growing mining hub
If you thought you already knew everything about Goiás' potential for the transport sector, mining, it's time to rethink. Therefore, the state continues to stand out as one of the largest mining hubs in Brazil, attracting billion-dollar investments and transforming the lives of thousands of local workers. This gold mine promises not only wealth, but also opportunities for employment and economic growth for the entire state.
Get ready to witness the revolution that Hochschild Mining is bringing to Goiás and Brazil!
Lots of gold, which we haven't explored since 1500, when will we wake up??
So much gold and the people are always without ****, health, security and education. Everything is always left to pay for the politicians' perks and exorbitant salaries. I'm not fooled.
Investment of billions in machines and operations and some jobs for the state, to take trillions in resources from our country... It had to be a **** sellout state government!
Well, then the environment turns a blind eye. Animals are dying, deforestation is taking place and everything is fine.
Gold for the English. Loss for Brazil.
No harm, my friend, I'm in Dubai lol
A 1 billion investment with a 100 billion return