Multi-organizational Delegation Hosts Successful Brazil Day Aimed at Highlighting Investment Attractiveness
TORONTO, March 3, 2020 /CNW/ - A delegation consisting of organizations representing the Brazilian mineral sector (including members of the Brazilian Government, industrial and trade associations, and mineral explorers, developers, and producers working in Brazil) ("The Brazilian Mining Delegation") is pleased to provide an update on its activities at PDAC 2020.
Brazilian Mining Delegation member organizations include: the Agency for the Technological Development of the Brazilian Mineral Industry ("ADIMB"), the Secretariat of Geology – Mining and Mineral Transformation of the Ministry of Mines and Energy, the National Mining Agency ("ANM"), the Geological Survey of Brazil ("CPRM"), the Brazilian Trade and Investment Promotion Agency ("Apex-Brazil"), the Brazilian Mining Association ("IBRAM") and the Brazilian Association of Mineral Exploration Companies ("ABPM").
Brazil is one of three countries sponsoring the PDAC 2020 International Mining Conference and has been showcasing its strong international presence as an attractive investment destination for the mining industry.
Brazil kicked-off its presence at PDAC 2020 on Sunday, March 1st, with a Canada Mining Brunch, co-ordinated by the Brazil-Canada Chamber of Commerce, where several key delegates participated in the "CEO: Talk Show: Trends & Challenges for the Global Mining Industry", moderated by Robert Peterman, Vice President, Global Business Development at TMX Group. Participants included:
- Tito Martins, CEO, NEXA Resources
- Paulo Castellari, CEO, Appian Capital Brazil
- Calvyn Gardner, Sigma Lithium Resources
- Noel Dunn, Executive Chairman, Ero Copper
On Monday, March 2nd, the Brazilian Mining Delegation hosted Brazil Day, where they unveiled a list of initiatives aimed at strengthening the Brazilian mineral sector and increasing the investment attractiveness of the jurisdiction. The scheduled panelists and key-note speakers were several international companies that have recently invested exploration and discoveries in Brazil. Brazil Day was a comprehensive programme of presentations and panel discussions highlighting the country's tremendous mineral and investment potential. Opening remarks were led by Alexandre Vidigal de Oliveira, the Secretariat of Geology, Mining and Mineral Transformation of the Ministry of Mines and Energy, Edson Riberio, President of ADIMB's Superior Council, and Tito Martins, CEO of NEXA. Topics covered during the presentations and panel discussions included:
- Strategic scenarios for the mineral sector development in Brazil (Ministry of Mines and Energy)
- The Investment Partnerships Program (PPI) and its contributions to the development of the Brazilian mineral sector
- Investments in mineral exploration projects: Why Brazil?
- Advanced-stage mineral exploration projects in Brazil
- Mineral potential and opportunities for the exploration of new geological grounds in Brazil
- Doing mineral exploration in Brazil: New frontiers and future challenges
- Regulatory advances and sustainability in the Brazilian mineral sector
- Sustainability and good practices
- Mining Hub: A Brazilian incubator for mining startups
- Launch of the Action Plan for the Advancement of Women in the Brazilian Mining Industry
Panelists taking part in Brazil Day discussed the Brazilian mineral sector's commitment to actively working to increase transparency and developing stricter processes that will reduce the risk of mining activities to the environment and society. In order to further strengthen Brazil's sustainability initiatives, Brazil is committed to working with indigenous communities to help the communities benefit from the resulting economic impact that the mineral sector can provide. Panelists included:
- Federico Munia Machado, Brazilian Investment Partnerships Program
- Pedro Paulo Dias Mesquita, Brazilian Development Bank
- Maria Luisa Cravo, Brazilian Trade and Investment Promotion Agency / Apex-Brazil
- Paulo Castellari, CEO of Appian Capital Brazil
- Fábio Guimarães, Mining Director of BEMISA
- Klaus Petersen, Executive Director of Meteoric Resources
- Darren Gordon, Managing Director of Centaurus Metals Limited
- Eduardo Ledsham, CEO of Bahia Mineração SA
- Andrew Richards, Executive Director of Big River Gold
- Felipe Tavares, CPRM
- Mike Hodgson, Chief Executive of Serabi Gold
- Scott Heffernan, Executive Vice President Exploration of Equinox Gold
- Mike Richard, Chief Geological Officer of Ero Copper
- Tomás Antonio Albuquerque, ANM
- Rodrigo Alvarenga Vilela, CEO of SAMARCO
- Renato Costa, Director of Mining, Energy and Infrastructure of CODEMGE
- Felipe Guardiano, Director of Performance Management and Sustainability of NEXA
- Claudia Diniz, Executive Director Innovation of Mining Hub
- Evelyne Coulombe, Consul General of Canada in Rio de Janeiro
- Jamile Cruz, Women in Mining Brasil
- Patricia Procópio, President Women in Mining Brasil
"Brazil has a diverse, multi-commodity geological endowment, with untapped exploration potential. This has been a main focal point for foreign investment," said Roberto Xavier, Executive Director of ADIMB. "Another focus for the Brazilian mining sector is instituting reforms to strengthen regulations and enforce intellectual property rights. In addition, these new proposed reforms and tax laws are intended to simplify the tax regime for all economic activities in the country," said Mr. Xavier.
The Brazilian government continues to restructure reforms to become less bureaucratic and more efficient, strengthening the competitiveness of the jurisdiction. These reforms are expected to enable the transformation of Brazil's economic landscape. "Brazil has immense potential for exploration. The mining industry is a driving force of the Brazilian economy; it is imperative the private and public sectors support one another", said Alexandre Vidigal de Oliveira, the Secretariat of Geology, Mining and Mineral Transformation of the Ministry of Mines and Energy. "As we continue to attract new investments, we are committed to technological development in order to increase sustainable mining practices that comply with ESG initiatives."
In addition, the Brazilian Mining Delegation opened the Toronto Stock Exchange ("TSX") on Monday, March 2nd, and as previously announced, IBRAM signed a Memorandum of Understanding with the TSX and TSX Venture Exchange in order to establish a relationship to increase investment in the Brazilian mining sector.
As part of Brazil Day, Evelyn Coulombe, Consul General of Canada in Rio de Janeiro, spoke at the Women in Mining Brazil event. This event launched the action plan for the advancement of women in the Brazilian mining industry, followed by the signing of the action plan by Largo Resources and Nexa. "We continue to move Brazil's mining sector forward through innovation and diversity initiatives, in order to attract top talent. We support and connect a strong network of industry associations and government leaders to ensure continuation of this project and support for the development of women in mining," said Ms. Coulombe.
The Brazil-Canada Chamber of Commerce ("BCCC") will be hosting the Brazil-Canada Exclusive Capital Markets Luncheon at PDAC today, March 3rd, 2020 at 11:45 a.m. EDT. Amongst those in attendance will be leading mining executives and Brazilian national representatives.
The Agency of the Technological Development of the Brazilian Mineral Industry – ADIMB, created in 1996, is a private, non-profit entity, with administrative, technical and financial autonomy. It is an association of companies and institutions in the mineral sector, with the mission of promoting technical-scientific development and the training of human resources for the Brazilian mineral industry.
The Brazilian Mining Association – IBRAM, is a private, not-for-profit organization which represents companies and institutions in the Brazilian mineral sector in seeking to establish a favourable environment for business, competitiveness, and sustainable development. In order to promote innovation within the sector and disseminate best practices and the latest technology available on the market, the association organizes debates, events, studies and research related to the mineral economy, tax, legislation, trends, risks, opportunities and other topics of interest to the mining industry.
SOURCE Brazilian Mining Association (IBRAM)
For further information: Delegation Press Contact: Paulo Henrique Soares - Communications Director, [email protected] / 55 31 98121-6565; Sérgio Cross - Press officer, [email protected] / 55 61 98163-0666