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Released November 29, 2023 | CORDOBA, ARGENTINA
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Researched by Industrial Info Resources (Sugar Land, Texas)--Aura Minerals' (Road Town, British Virgin Islands) Borborema gold mining project in Brazil has started site preparations. With a total investment of US$196 million, the project aims to produce 68,000 ounces of gold per year over a projected lifespan of 11.4 years. The project is located about 30 kilometers from the municipality of Currais Novos in the state of Rio Grande do Norte, in northeastern Brazil.
During the initial phase, priority has been given to local job creation through the implementation of training programs. These programs are designed to equip residents with the necessary skills in the mining industry, thus contributing to the economic enhancement of the region. The project holds the promise of boosting regional economic development.
Additionally, the project envisions the construction of a dry tailings system, a water treatment plant and an aqueduct. The processing plant, which will include a conventional crushing and grinding plant, as well as a carbon-in-leach (CIL) plant, reflects the project's commitment to advanced mining practices.
The construction phase of the project is estimated to extend throughout 2024, with operations expected to commence during the first quarter of 2025. Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Project and Plant databases can click here for a list of detailed project reports and click here for the related plant profile.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).
During the initial phase, priority has been given to local job creation through the implementation of training programs. These programs are designed to equip residents with the necessary skills in the mining industry, thus contributing to the economic enhancement of the region. The project holds the promise of boosting regional economic development.
Additionally, the project envisions the construction of a dry tailings system, a water treatment plant and an aqueduct. The processing plant, which will include a conventional crushing and grinding plant, as well as a carbon-in-leach (CIL) plant, reflects the project's commitment to advanced mining practices.
The construction phase of the project is estimated to extend throughout 2024, with operations expected to commence during the first quarter of 2025. Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Project and Plant databases can click here for a list of detailed project reports and click here for the related plant profile.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).
