North Star wants to boost gold refining in Brazil and bring alternatives committed to ESG practices for production in the mining of Pará

After announcing its arrival in Pará this year, the North Star company says it will change the level of gold refining in Brazil, with ESG practices and more efficient production within the mining sector in the national territory

Until this Saturday, (23/04), the construction of its central building in Pará had not yet been completed. However, the company North Star recently commented on its expectations for its arrival in mining in Brazil. Thus, the company stated that it will change the levels of gold refining, with the use of ESG practices and a high modernization in production, guaranteeing the best final product for customers.

North Star gold refining in Pará will have a series of alternatives to make mining production highly valuable and sustainable, with the adoption of ESG practices

North Star is a company specialized in refining precious metals and has branches all over the world, now reaching mining in Brazil, as it is developing its gold production and refining plant in the state of Pará. Thus, the company stated that it intends to bring quality standards to another level for this process in the National territory, with ESG practices, process modernization and even more efficiency in the production chain. 

Thus, Mauricio Gaioti, president of North Star, commented on the changes: “Before we start operating, we are already working fully aligned and committed to the pillars of ESG. And we don't just look at the concern for the environment, which is obvious. We will propose sustainable and healthy processes at all stages in which we are involved in gold refining. And that goes from the selection of our clients, going through the preference for hiring local labor, respecting all labor guidelines and observing what else we can offer. Investing, for example, in training these people, and going as far as social investments for needy communities in mining regions or close to the refinery.”

Although it has not yet arrived in the national territory for the start of mining production, the company already has its central building under construction at a point between Guajará bay and Artur Bernardes avenue, in the industrial district of Tapanã, in the capital paraense, which will have three floors to house workers and a selection of high-tech equipment to ensure more efficiency in the gold refining process in Pará. 

Gold production and refining in Brazil guarantees good results and the company will invest heavily in the segment over the next few years to ensure even more efficiency in the production chain in Pará

The productive chains focused on gold ore in Brazil are great highlights within the national mining sector and the segment moves, annually, R$ 14,2 billion per year, according to the National Mining Agency (ANM), in addition to the country still has a large reserve, with many projects in progress and that can be further expanded, if they receive the necessary investments. 

Thus, North Star found in Brazil a great opportunity to growing with environmental commitment and ESG practices and will invest heavily in the acquisition of state-of-the-art technology to ensure high quality gold refining. The company has already acquired fully automated Italian refining and smelting equipment, which goes beyond the efficiency of the refining process and is highly optimized to ensure more efficient production, and intends to continue with purchases this year. 

With this, the state of Pará will not only be able to be a reference in gold refining with ESG practices, but also a greater socioeconomic development due to the capital movement that will be carried out with the support of North Star.