With Investments In Projects, Mining In Goiás Could Generate The Equivalent Of R$ 30 Billion In The Next Ten Years, According To Projections By SIC

Written by Ruth Rodrigues

Published on 21/06/2022 at 15:44

Updated on 21/06/2022 at 20:13

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The New Partnership with the UFG Will Allow Geological Mapping in the Region as a Way to Guarantee More Safety for Mining Projects and Attract More Investments for the Development of New Undertakings in the State After Good Projection of the SIC.

The Department of Industry, Commerce and Services (SIC) of the state of Goiás is projecting a movement of over R$ 30 billion in projects over the next 10 years in the mining sector. As a way to secure even more investments for the development of new businesses in the sector, the state government has partnered with the Federal University of Goiás (UFG) for the geological mapping of the region.

Mining Could Generate Over R$ 30 Billion in the State of Goiás, and SIC Seeks to Attract New Investments to the Region for Project Creation in the Sector

The state of Goiás has been growing strongly in the mining sector in recent years, and the current projections from the government are quite optimistic for the next 10 years, as SIC is projecting a movement of over R$ 30 billion in the segment.

Thus, the Growth Opportunity Mapping Project for the Mineral Sector in Goiás 2022 – 2042 has been initiated, aiming to attract new investments in partnership with UFG.

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According to SIC and the state government, the main difficulty currently in developing undertakings in the mineral sector is the guarantee of information and infrastructure for the projects.

Thus, the partnership with UFG, with the Foundation for Research Support (Funape) and the Superintendency for the Development of the Midwest (Sudeco), will allow the geological and historical mapping of the region to ensure the necessary information for new projects and undertakings in the mining sector in the region.

With this, R$ 700,000 has been made available by the state with Sudeco to begin the mapping, one of the projects evaluated as strategic for the mineral sector. And this is just the beginning of investments in the mining sector in the state, as explained by Joel Sant’Anna Braga Filho, head of SIC: “The characterization of Goiás’ geological environments and their potential, the discovery of new mines and mineral deposits, all this will allow the attraction of companies and development even in regions where there is no vocation other than mining.”

About R$ 4 Billion in Investments in Projects in the State Are Already Confirmed, and the UFG Partnership with SIC Aims to Attract Even More

So far, about R$ 4 billion in investments have already been announced in Mara Rosa, Niquelândia, Barro Alto, Minaçu, Catalão, and Montes Claros de Goiás for the development of mining projects in the region.

With the geological mapping to be conducted by UFG, in partnership with SIC, the state government aims to secure even more investments for the expansion of the sector in the region, aiming to place the state on the Brazilian mineral route.

Thus, the next major investment has already been announced by SIC and will be made by Hochschild Mining, which plans to install a mine and processing plant for gold in Mara Rosa, in northern Goiás, with investments of approximately R$ 900 million.

Mineral production in the project is expected to start in the next 2 years and will be essential to guarantee more job opportunities for the local residents, contributing to the socioeconomic development of the region.

Additionally, SIC also announced that Anglo American has signed a memorandum of understanding with the government of the State of Goiás and some municipalities to invest R$ 2.2 billion over the next five years, ensuring another step for future mining projects in the state.

With Investments In Projects, Mining In Goiás Could Generate The Equivalent Of R$ 30 Billion In The Next Ten Years, According To Projections By SIC

The New Partnership with the UFG Will Allow Geological Mapping in the Region as a Way to Guarantee More Safety for Mining Projects and Attract More Investments for the Development of New Undertakings in the State After Good Projection of the SIC.

Mining Could Generate Over R$ 30 Billion in the State of Goiás, and SIC Seeks to Attract New Investments to the Region for Project Creation in the Sector

About R$ 4 Billion in Investments in Projects in the State Are Already Confirmed, and the UFG Partnership with SIC Aims to Attract Even More

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With Investments In Projects, Mining In Goiás Could Generate The Equivalent Of R$ 30 Billion In The Next Ten Years, According To Projections By SIC

The New Partnership with the UFG Will Allow Geological Mapping in the Region as a Way to Guarantee More Safety for Mining Projects and Attract More Investments for the Development of New Undertakings in the State After Good Projection of the SIC.

Mining Could Generate Over R$ 30 Billion in the State of Goiás, and SIC Seeks to Attract New Investments to the Region for Project Creation in the Sector

About R$ 4 Billion in Investments in Projects in the State Are Already Confirmed, and the UFG Partnership with SIC Aims to Attract Even More

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