 | |
| Location | |
|---|---|
  Paracatu mine  Paracatu mine | |
| Minas Gerais | |
| Country | Brazil |
| Coordinates | 17°11′35″S46°52′49″W / 17.193°S 46.8804°W |
| Production | |
| Products | Gold |
| Owner | |
| Company | Kinross Gold |
The Paracatu mine is one of the largest gold surface mines in Brazil, and also in the world. [1]
The mine is located in Minas Gerais state, in the southcentral region of Brazil. [1] It is owned and operated by the Canadian Kinross Gold mining company.
The mine has estimated reserves of 17.5 million oz of gold. [1]
Mining is the extraction of valuable geological materials from the Earth and other astronomical objects. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. The ore must be a rock or mineral that contains valuable constituent, can be extracted or mined and sold for profit. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water.
Eldorado Gold Corporation is a Canadian company that owns and operates gold mines in Turkey, Greece and Canada. Since its merger with European Goldfields in 2011 the company has been pursuing the development of the Skouries mine, Olympias mine and Stratoni mine in Greece. The company previously developed and operated gold mines in China, Brazil and Mexico. Headquartered in Vancouver and listed on the Toronto and New York Stock Exchanges, Eldorado Gold has developed and operated assets from several merged companies HRC Developments Corporation, Afcan Mining Corporation, Sino Gold Mining, Brazauro Resources, Integra Gold, as well as European Goldfields.
Gold mining is the extraction of gold by mining. World gold production was 3,612 tons in 2022.
Nova Lima is a municipality of about 87,000 people, whose downtown is located about 20 kilometers south of Belo Horizonte, the capital of the south-eastern Brazilian state of Minas Gerais. Mining is one of the main economical activities of the city, including the extraction of Iron Ore and Gold. The most famous mine in the city is Morro Velho, a gold mine of 2,700 metres (8,900 ft) depth.
Morro Velho, also called AngloGold Ashanti Brasil Mineração, after its current owner AngloGold Ashanti, is a complex of gold mines located near the city of Nova Lima in the Minas Gerais state of Brazil.
Paracatu is a municipality in the state of Minas Gerais in Brazil. The name is of Tupi origin, translated "good river", from "Para" (river) and "katu" (good).
Unaí is a municipality in the Northern Region of Minas Gerais, in the Brazilian state of Minas Gerais, in the Southeast Region of Brazil. It is located 590 km from the capital of Minas Gerais and 164 km from the federal capital. Unaí is the main municipality of its micro-region of the same name and, together with Paracatu, the most important city of the said mesoregion of Minas Gerais. Due to its geopolitical location, because it is geographically and politically linked to Brasilia and politically to Belo Horizonte, the municipality has a strong economic dynamism for a municipality that still carries the typically mineiro custom.
Kinross Gold Corporation is a Canadian-based gold and silver mining company founded in 1993 and headquartered in Toronto, Ontario, Canada. Kinross currently operates six active gold mines, and was ranked fifth of the "10 Top Gold-mining Companies" of 2019 by InvestingNews. The company's mines are located in Brazil, Mauritania, and the United States. It trades under the KGC ticker in the New York Stock Exchange, and under K in the Toronto Stock Exchange.
Mining in Brazil is centered on the extraction of iron, copper, gold, aluminum, manganese, tin, niobium, and nickel. About gemstones, Brazil is the world's largest producer of amethyst, topaz, agate and is a big producer of tourmaline, emerald, aquamarine, garnet and opal.
Pará de Minas is a Brazilian municipality located in the state of Minas Gerais.
Raposos is a Brazilian municipality located in the state of Minas Gerais. The city belongs to the mesoregion Metropolitana de Belo Horizonte and to the microregion of Belo Horizonte.
EBX Group was a conglomerate that comprises six companies listed in B3’s Novo Mercado, including Dommo Energia, MMX, OSX, and CCX. It was founded by Brazilian businessman Eike Batista, who served as chairman of the conglomerate before his arrest in 2017. The group primarily invested in infrastructure and natural resources, also having initiatives in real estate, technology, entertainment, sports, gold mining, air, and railway catering.
Vazante is a municipality in the north of the Brazilian state of Minas Gerais. Its population in 2020 was 20,642 inhabitants in a total area of 1,903 km². It is a large producer of cattle and with a significant zinc mining industry.
João Pinheiro is a municipality in the state of Minas Gerais in Brazil. It is the largest municipality in that state by area.
Eike Fuhrken Batista da Silva is a Brazilian-German serial entrepreneur who made and lost a multi-billion dollar fortune in mining and oil and gas industries. He engaged in a quest to promote Brazil's infrastructure with large-scale projects, such as the Porto do Açu.
Gold Mining often plays a significant role in Burkina Faso’s economy. Burkina Faso has become Africa's 4th biggest producer of gold in 2012. Production of mineral commodities is limited to cement, dolomite, gold, granite, marble, phosphate rock, pumice, other volcanic materials, and salt.
Jacobina is a city in the Centro Norte Baiano mesoregion of Bahia. It was founded July 28, 1722 and the population is 80,635. The town is surrounded by mountains, hills, lakes, rivers, springs, and waterfalls. Located in the northwest region of Bahia, in the extreme north of the Chapada Diamantina, Jacobina is 330 kilometers from Salvador and is also known as 'City of Gold', a legacy of the gold mines which attracted the pioneers from São Paulo in the early seventeenth century.
Mining in the United States has been active since the beginning of colonial times, but became a major industry in the 19th century with a number of new mineral discoveries causing a series of mining rushes. In 2015, the value of coal, metals, and industrial minerals mined in the United States was US $109.6 billion. 158,000 workers were directly employed by the mining industry.
The Carajás Mine is the largest iron ore mine in the world. It is located in the municipality of Parauapebas, state of Pará in the Carajás Mountains of northern Brazil. The mine is operated as an open-pit mine, and is estimated to contain roughly 7.2 billion metric tonnes of iron ore, plus gold, manganese, bauxite, copper, and nickel. The mine is run by the Brazilian mining corporation Vale, and was initially part-owned with US Steel from 1970 to 1977.
The Chapada mine is one of the larger gold mines in Brazil, and in the world.
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