Brazil Minerals advances licensing requirements for gold and diamond project
Published by Nicholas Woodroof,
Editor
Global Mining Review,
On 18 September 2018, the company announced that 35 out of 35 drill holes in a drilling campaign undertaken in the area were visually positive for gold and on 20 September 2018, the company further announced the discovery on such property of a geological band with high probability of extractable diamonds.
Since presenting these news items, Brazil Minerals has hired additional consultants, including an expert in the licensing of new mining projects with regulatory bodies. The company has had positive meetings with such regulators and is now engaged in finalising an application for an initial commercial mining operation in the area.
As of now, Brazil Minerals believes that this area could be revenue-generating within 2Q19.
Read the article online at: https://www.globalminingreview.com/finance-business/06112018/brazil-minerals-advances-licensing-requirements-for-gold-and-diamond-project/
You might also like
Ready to revolutionise the cement industry?
Join our sister publication, World Cement, in Lisbon, 10 – 13 March 2024, for their first in-person conference and exhibition: EnviroTech.
This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.
Arca announces funding support for air-to-rock carbon mineralisation project
Arca has received funding support from the CICE for its air-to-rock carbon mineralisation project that will use tailings from an Australian mine owned by BHP.