Receive our newsletter – data, insights and analysis delivered to you
  1. News
July 13, 2015

Recursos Minerais secures environmental permit for diamond and gold mining in Brazil

Brazil Minerals subsidiary RST Recursos Minerais has secured a permit from local environmental regulatory agency to start mining for diamonds and gold in one of its mineral rights areas in the Jequitinhonha River valley.

Brazil Minerals subsidiary RST Recursos Minerais has secured a permit from local environmental regulatory agency to start mining for diamonds and gold in one of its mineral rights areas in the Jequitinhonha River valley.

The firm owns ten mining concessions and 12 other mineral rights for diamond and gold in the region.

Valid for an initial period of four years, the permit allows the firm to initiate its exploration work at one of the sites, with the exact location not yet been disclosed.

"BMIX has started preparatory ground work in order to begin mining at the site within 30 days."

BMIX has started preparatory ground work in order to begin mining at the site within 30 days.

The firm conducted focused research drilling at this RST site, with preliminary results disclosed on 26 May.

As well as mining at the now approved location, BMIX wants to continue drilling and look for additional locales within RST’s mineral rights area.

Content from our partners
Digitalisation and its impact on the mining industry
Case study: how to save time, cost, and mining interaction for service and dewatering bores
Innovations in mining and the future of the industry

The planned initiatives are expected to support an actual assessment of the amount of diamond and gold concentrated at the site.

Data collected from the assessment is likely to be presented for additional reporting before local regulatory bodies.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The mining industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU