Our targets are gold and seldom earths
Over the past decade, Brazil’s Mining Industry posted vigorous growth thanks to factors such as the
profound socioeconomic and infrastructure changes that the country has been experiencing. This
has been the case despite the fact that expectations on the mining business have been reduced
as a result of the international crisis. This growth is driven by urbanization in emerging countries
endowed with significant territorial areas, high population density and large GDP (Gross Domestic
Product), such as the BRICs (Brazil, Russia, India, and China), which coincidentally are major
players in the global mining arena.