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28-10-2010 golden marketActuality, news Brazil, and press clippings on the mining and the golden market in Brazil.
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21-10-2010 Colossus Minerals Inc
Brazil - Colossus sees more golden potential in project Serra Pelada
The initial perforations in the project Serra Pelada of Brazil of the Canadian mine-layer Colossus Minerals Inc have showed that the mine will have more gold. Colossus has informed that the obtained results show that there is potential to expand the project. The perforations are to approximately 450 meters to the Southeast of the already explored area of Bare Saw.
As result of this success we will add the second deep perforation in November, 2010. Analysts make sure that Colossus, which is developing his project ensign of gold, platinum and palladium, is an object of potential acquisition, in the middle of a progress of the sector.
Colossus, with head office in Toronto, possesses a participation of 75 % in the project of Serra Pelada, while the Brazilian cooperative company COOMIGASP has the rest.
14-08-2010 Latin press
Elections Brazil - Dilma Rousseff the woman first in occupying the Brazilian presidency
The preference of the Brazilian electorate for the general elections of October, 2010 in Brazil. In accordance with the last consultation spread last Friday (13-08-2010) and belonging to the Institute Datafolha, entrusted by the TV Balloon and the newspaper Folha de S.Paulo, the candidate to the presidency for the Party of the Workpeople (PT, in the government), Dilma Rousseff, is the darling of the Brazilian electorate.
With 41 % of the intention of vote to Dilma Rousseff only it would reduce to obtain 3 more % of suffrages to rise today with the victory in the first one of the general elections in Brazil, it is carried out again on October 3, 2010.
Behind the candidate of the PT they are located the applicant by the opposing Party of the Social Brazilian Democracy (PSDB), José Serra, with 33 %, and Marina Silva, of the Green Party (PV), with 10 %.
Datafolha interviewed 10.856 Brazilians with right to the suffrage in 382 municipalities of the country, with a margin of error of more or less 2 percentage points.
The spread ones confirm the results of this consultation recently for other encuestadoras like the Brazilian Institute of Public Opinion and Statistics (IBOPE) and of the Institute Vox Populi that also give to Dilma Rousseff as favorite to occupy the Palace of Planalto.
Of confirming to him the results of these surveys,
Dilma Rousseff will turn into the woman first in occupying the presidency of Brazil.
* Dilma Rousseff (Dilma 13)
* Dilma Rousseff (Wikipedia)
* Government of Brazil
15-01-2010 you obtain
Brazil - China was the principal commercial associate in 2009
China was the principal commercial associate of Brazil during the year 2009, in which the exchange between both countries reached 36.102 million dollars. The department of Development, Industry and Exterior Commerce (MDIC) informed that technical adjustments revealed that the country with which there turned out to be major the sum of the exports and imports during 2009 finally was China and the not United States, as it had been informed at the beginning of month.
According to the last balance, the exports, the principal destination of the Brazilian products, they were 20.191 million dollars to China, while the imports reached 15.911 million dollars.
The United States stayed in the second place on having added 35.922 million dollars in the commercial flow with Brazil resultant from 15.740 million dollars in exports and 20.183 million dollars in imports.
In the third place there appears Argentina, country to which Brazil sold a volume for 12.785 million dollars and to which he bought for 11.281 million dollars.
11-01-2010 public
Brazil - The corruption brakes Lula's locomotive
If after 7 years in the power, Luiz Inácio Lula gives Miscellany it supports historical popularity indexes, of about 80 %, it is not by chance. The current president has gained it after two terms of economic growth and reduction of the poverty. Nevertheless, the biggest country of Latin America keeps on loading with 2 problems that are not minor:
1st The violence, consequence of the social inequality, which is evident in his most brutal form in the favelas of the big metropolises.
2nd The political corruption, that scandal after scandal comes to demonstrate that Brazil is still a despotic country and clientelista.
09-01-2010 Ansa
Brazil - Argentina: Attentive exporters to crisis Banco Central
The Brazilian exporters said that they continue with attention a possible devaluation of the Argentine peso before the situation generated by the decree of the president Cristina Fernández de Kirchner who expelled the holder of the Central Bank.
A devaluation of the weight would harm the Brazilian exports to Argentina, which is the third commercial associate of Brazil behind the United States and China. Brazil for his part, is the first commercial associate of Argentina.
The president of the Regional Council of Economy of Brasilia, José Luiz Pagnussat, said that “it is necessary to continue closely the situation because if a devaluation of the weight exists the Brazilian sales can be affected”.
03-12-2009 finance
Latibex - Dare to put a foot in Latin America
“During this forum, the companies have come to be reaffirmed in the excellent perspectives which the area as economic area enjoys. Specifically Brazil, after an exercise 2009, where the GDP will have grown close to 1 %, the growth projections for 2010 point towards a pitchfork of between 5 % and 6 %”, he reminds to us That the fund Rents 4 Latin America (fund indexed to the index FTSE Latibex Top).
27-10-2009 Kinross
Brazil - Kinross cuts perspective production away, raises estimation costs
The mine-layer of Canadian gold Kinross Gold Corporation has reduced his production perspective for the whole 2009 and it raised his estimation of average cost of sale, because the increase in the extraction of the company in his mine Paracatu in Brazil is advancing slower than the awaited thing. Kinross realized advances in the third trimester in increasing the availability, efficiency and recovery in the mine Paracatu, although it keeps on facing challenges in assuring the levels originally anticipated of yield and production. Kinross hopes now to produce 2.200.000 of ounces of gold equivalent to an average cost of sale for ounce from 435 to 450 dollars during 2009 in all his operations about the world. In August, Kinross had already cut his production expectations away to between 2,3 million and 2,4 million ounces of equivalent gold from 2,5 millions, due to a slower increase to waited in Paracatu. In the occasion, the prognosis of the signature of the cost of sale by ounce was located in the high part of the status between 390 to 420 dollars.
21-09-2009/24-09-2009 Exposibram
Brazil - 13th Brazilian Congress of Mining
The mining as instrument of overcoming of the crisis.
The mining tries to invest, only in the Brazil, US$ 47 billions in projects until 2013, according to IBRAM. Important companies and institutions endorse the achievement of the 13th Brazilian Congress of Mining and of the International Exhibition of Mining EXPOSIBRAM 2009, as BHP Costs, AngloGold Ashanti, Billiton, Anglo American, Samarco, Government of the State of Mines Gerais, MRN, Geosol, KPMG, between others. The Congress and the Exhibition will be realized from September 21 until September 24, 2009 in the pavilion of exhibitions Expominas, in Belo Horizonte, capital of the state of Mines Gerais.
31-08-2009 Reuters
Investors of Brazil foresee few turbulency for elections 2010
The investors worry less with regard to possible changes of politics to support the inflation under control, to pay the debt and to support the economic growth, said Arminio Fraga, chief of the fund of investments Gavea Investimentos and ex-president of the Central Bank of Brazil. The referential index Bovespa of the Stock Exchange of Sao Paulo raised 53 % in 2009, while the currency of the country, the real one, strengthened 24 % for the investors' revenue to the country before the expectations of which Brazil goes out more rapid of the recession that most of the developed country. The perception on the outside is of that Brazil went out already of the hell. The country has begun a period of economic growth of long term.
20-07-2009 BR/CAN
Brazil and Canada sign a cooperation agreement in investigation in mining
The Governments of Brazil and Canada have signed an agreement on the cooperation in investigation in mining in order to develop the use of technologies considered to be less pollutant. The Department of Mines and Energy of Brazil informed in a bulletin that his secretary of Geology, Claudia Scilar, signed with the attached vice-minister of Mining and Metals of Canada, Stephen Lucas, a “understanding memorandum on mineral politics. This one is not alone an act of signature of a memorandum, it is undoubtedly, one more step in the strengthening of the bilateral relations between Brazil and Canada.”
20-07-2009 ADN
Brazil will propose enlargement of the exchanges with local coins
Brazil will propose in the Presidents' Summit of the Mercosur of next week in Paraguay the enlargement of the system of payments that he agreed with Argentina and that allows the use of local coins instead of the dollar in the commercial exchanges.
14-06-2009 AFP/Google
I Summit of the BRIC (Brazil, Russia, India and China)
Next Tuesday Lula will meet the Russian Dmitry Medvedev, the Chinese Hu Jintao and the Indian Manmohan Singh in the city of Ecaterimburgo, Russia, for the first summit of heads of state of the group of four emergent giants of the world economy. The Brazilian chancellor, Celso Amorim, has offered in Paris a clear definition of the vision of Brazil in this new context:
“The G8 (group of the biggest economies of the world) died already. It does not represent anything any more. I do not know how the burial will be, because sometimes a burial happens slowly. The G8 will always be important, but it will not be able to replace the essential presence of China, Brazil or India.”
A Brazilian diplomat who asked for the anonymity, was even further, on having thought that “the Tuesday meeting will have about a table the chiefs of those countries that represent the exit to the global financial crisis, both for his internal markets and for his commitment in his role of new world actors”.
Another article in The Country: The conspiracy of the emergent countries
14-01-2009 Yamana Gold
Yamana points to 1,3M-1,4Moz of equivalent gold in 2009
The Canadian Yamana Gold foresees that it will produce 1,3M - 1,4 Moz of equivalent gold 2009 and 1,4M - 1,5 Moz in 2010 in his mines at present in production. Yamana also hopes that the Plated Brazilian mine should produce 145M-150Mlb (65.771-68.039t) of copper 2009 and 150M - 160Mlb in 2010, it indicated in a bulletin. Golden oz will produce the mine 140.000-155.000 2009 and 135.000-145.000 oz the following year, according to the estimations. The goal of the company is to produce 2,0 Moz of equivalent gold in 2012.
18-11-2008 Kinross Gold
Brazil - Kinross prepares himself to treble local golden production
The Canadian Kinross Gold aspires to turn into the biggest producer of gold of Brazil after November 25, when the company concludes the enlargement in the mine Paracatu, into the state of Mines Gerais. The annual production oz will reach the 578.713 opposite to 5:4 t previous. The company invested 570 USD mn in the enlargement. The works began in August, 2006 and stayed on 26 months. “We are increasing the production just when the golden demand is increased the whole world. The conclusion of the works might not come in better moment” the president of Kinross said Brazil, José Roberto Freire.
More news about Brazil in Petroleum Brazil.
