Promoted by ABPM, the Gold Symposium and the Mining Fair of the Amazon will bring together companies, governments and specialists in Belém to discuss the difficulties and good practices of ESG in the production, refining and commercialization of gold.
Gold is considered one of the safest financial assets in the world economy, supporting the monetary reserve of several countries, being considered a reserve of value and safe haven in times of crisis and financial instability. And Brazil, which has one of the largest gold reserves in the world, can become a global player if it manages to organize its production and adopt international standards.
According to data from the National Mining Agency (ANM), in 2021, the value of metal production in the country reached R$ 24 billion, which represents about 7% of the production of the Brazilian mineral sector. And, according to experts, the trend is that in the coming years, with new investments in research, new mines and refineries in operation, this value can increase and contribute to the economy, generating new jobs, revenue for states and municipalities and regional development.
However, the country's great challenge is to guarantee high ESG standards throughout the gold chain, which ranges from production and refining, marketing, which today suffers from international mistrust caused by illicit activities, especially in the North region, which has a enormous potential, but suffers from such illegalities.
To discuss actions aimed at competitive, responsible gold mining committed to the environment and communities and that incorporates new technologies, the Brazilian Association of Mineral Research and Mining Companies (ABPM) will hold from August 23 to 25, in Belém, the Gold Symposium – Brazil 2022, and the Amazon Mining Fair.
The Gold Symposium – Brazil 2022 will bring together executives from the main gold mining companies in the country, governments, specialists and professionals who work in the gold production chain, so that together they can discuss regulatory, technological, environmental aspects, governance initiatives, exchange experiences and business opportunities.
“The growth of small and medium mining is a worldwide trend. And ABPM has been a spokesperson for this mining segment in Brazil, promoting a transparent dialogue with various actors. We understand that the gold sector in Brazil needs a special look”, explains Luís Maurício Azevedo, president of ABPM.
For Azevedo, it is necessary to debate responsible business practices along the entire gold supply chain and the event will be an opportunity to hold this debate, discussing investments in research, discovery of new deposits, opening of new mines, in addition to cases of companies that act responsibly.
The place chosen to host the event was the state of Pará, one of the largest gold producers in the country, along with Minas Gerais, Mato Grosso, Bahia and Goiás. “The Gold Symposium will be an opportunity for companies, associations and entities related to the Brazilian gold industry to contribute to the creation of pillars committed to governance and compliance practices throughout the gold production chain in the country,” evaluates Maurício Gaioti, president of North Star, a company specialized in the refining of precious metals, which will inaugurate in the second semester, in Belém, a modern refining unit with capacity to process 24 tons/year, and gradually increase its market share.
Gaioti believes that the event will be an opportunity for people and entities committed to the legality of gold production in the country, which involves social, environmental and economic issues, to show that this segment cannot be confused with illegal activities that have been taking place in the country. “It is a great opportunity for us to show the high level of investment, rigorous procedures and expertise that the country has in gold production”, assesses Gaioti.
Promoted by the ABPM, the Gold Symposium – Brazil 2022 and the Mining Fair in the Amazon have the support of various government institutions, business entities and companies operating in the mineral sector.
Source: Brazilian Association of Mineral Research and Mining Companies – ABPM
