Brazilian mining sector organizations, as well as the federal government, are going to present investors and businessmen with new business opportunities that are on Brazil’s horizon for the coming decades. There are solid prospects for initiatives ranging from geological research to the implementation of large-scale mining projects.
This will be the essence of the Brazilian delegation’s participation in the 88th annual convention of the Prospectors and Developers Association of Canada – PDAC (www.pdac.ca/convention), the annual mineral exploration and mining convention that takes place from March 1st to 4th. The # PDAC2020 will be held in the city of Toronto, Canada.
The organizing committee for Brazil at # PDAC2020 is coordinated by the Brazilian Mining Industry Development Agency (ADIMB) and will be joined by authorities and executives from the Secretariat of Geology, Mining and Mineral Transformation of the Ministry of Mines and Energy (SGM / MME ), the National Mining Agency (ANM), the Geological Survey of Brazil (CPRM), the Brazilian Mining Institute (IBRAM), the Brazilian Association of Mineral Exploration Companies (ABPM) and the Brazilian Export and Investment Promotion Agency (Apex-Brasil).
The Brazilian delegation will exhibit their projects at PDAC, mainly during the Brazilian Mining Day, which will take place on March 2. This day will be dedicated to lectures by companies operating in Brazil and also by authorities, who will expose the new perspectives of the Brazilian government from the recent events involving the sector in relation to the expansion of mining activity in the country. It will be time to provide those present with a comprehensive view of the economy and infrastructure, promoting Brazil as a destination for investments in research and mining.
US $ 32.5 billion will be invested in mining in Brazil
The Brazilian delegation will present updated data on Brazilian mining, where there are more than 9,000 legalized mines in activity. The expected investments in Brazilian mining for the period 2020-2024 is US $ 32.5 billion, higher than the period 2019-2023 (US $ 27.5 billion), according to the Brazilian Mining Institute (IBRAM), the association representing mining companies in Brazil.
The Brazilian government has taken steps to free up many new areas for mineral research, which will stimulate mineral production in the country. To speed up the process, in February, the National Mining Agency (ANM) instituted a maximum period of 120 days to announce the release or veto of mineral research requirements. If the agency does not respond by the end of this period, the application will be approved. Until then, there was no deadline for analysis.
Thus, processes that could last for years will be solved in just 4 months. It is a conditioning factor to attract new investments and boost the geological research segment.
During every day of the event, representatives from different entities in Brazil will be participating in the PDAC in several lectures and business roundtables. On the eve of the opening of the event, on February 29, there will be, between 4 pm and 5:30 pm, an alignment meeting of the Brazilian speakers who will participate in the Brazilian Mining Day. Then, from 6:30 pm to 9:30 pm, a reception will be offered by the Brazilian delegation and Canadian authorities to invited PDAC 2020 participants.
Brazil-Canada Mining Brunch 2020
On March 1, the program will start with the Brazil-Canada Mining Brunch 2020 – organized by the Brazil-Canada Chamber of Commerce – between 10:15 am and 2 pm. During which, CEOs will expose their vision of global mining trends and challenges: Tito Martins, CEO of Nexa Resources, Calvyn Gardner, CEO of Sigma LIthium Resources, Paulo Castellari, CEO of Appian Capital Brazil and Noel Dunn, Executive President of Ero Copper.
From 12:45 pm, Consul General of Canada in Brazil, Evelyne Coulombe, will present the newly created Women In Mining Brasil movement and at 12:55 pm the National Secretary of Geology, Mining and Mineral Transformation, Alexandre Vidigal de Oliveira, will present the new Brazilian government policy to stimulate the expansion of mining in Brazil.
Then, from 1.20 pm, there will be a lecture by Paul Lefebvre, Parliamentary Secretary of the Canadian Ministry of Natural Resources. At 1:45 pm, the program will open space for the presentation of discussions on Canada-Brazil policies in the mining sector, by Bonny Berger, commercial and economic advisor at the Canadian Embassy in Brasilia.
Inauguration of Brazil Pavilion
The traditional space dedicated to Brazilian mining at the PDAC, the Brazil Pavilion will be inaugurated on the same day, March 1, at 3:30 pm, with the presence of all members of the delegation of businessmen, executives and authorities.
Brazil Market Opening
On March 2, between 9 am and 9:40 am, the morning will be marked by the opening ceremony of business on the Toronto Stock Exchange. Representatives from TSX, the Brazilian government and mining executives will speak about the mining business prospects in Brazil.
Brazilian Mining Day
At the same time of event on the Toronto stock exchange, the Brazilian Mining Day will start its program at 9 am, with lectures by Edson Ribeiro, president of the Superior Council of ADIMB, Tito Martins, CEO of Nexa Resources, and Brazil’s national secretary of Mining, Alexandre Vidigal.
The Brazilian Mining Day program provides for the presentation and discussion of topics such as strategic scenarios for the development of the mining sector in Brazil; the Brazilian government’s Investment Partnership Program for mining; the new financing environment for Brazilian mining, which will have the participation of a representative of the National Bank for Economic and Social Development of Brazil (BNDES).
After 10:25 am, it will be time to present the reasons for Brazil to present itself with great investment and business opportunities in mineral research. Officials and businessmen will make presentations on the subject, including presenting studies that project the potential of new mineral reserves in Brazil.
At 3:25 pm, a representative of the National Mining Agency (ANM) will speak about the progress made in regulating the Brazilian mineral sector in recent years and the sustainability and good practices of projects in this industry. At 5 pm there will be space for presentations on gender equality and female inclusion in the Brazilian mining industry.
Brazil-Canada Capital Markets Luncheon
The prospects for new financing mechanisms for mining projects in Brazil will be discussed on the morning of March 3, between 11:15 am and 1:10 pm. Experts, executives, businessmen and authorities from Brazil and Canada will participate. This event is organized by the Brazil-Canada Chamber of Commerce (www.brazcanchamber.org)
At 1:45 pm, the program will open space for the theme “Sustainable Finance & ESG”. Representatives of the World Bank, mining companies with global operations and specialists on the subject will participate. After that, Brazilian Mining companies will present some of the projects – and to finish the day, there will be a panel focused on Smart Mining: Extracting the Power of AI.
PDAC is the main voice of the mineral exploration and development community. With more than 8,000 members worldwide, PDAC’s mission is to promote a globally responsible and sustainable mineral sector that encourages leading practices in technical, operational, environmental, safety and social performance.
At the 2019 event, more than 25,000 people from 130 countries participated. Annually, the trends, perspectives and challenges of the mineral sector on a global scale are presented and discussed.