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Brio Gold Inc.

Company Detail

Description

Brio Gold Inc. is a publicly-traded Canadian mining company headquartered in Toronto which is engaged in the exploration, extraction, processing, and sale of gold in Brazil; that was created in 2014 by Yamana Gold Inc., its controlling company with 54% of its shares, to holds its Brazilian investments. Through local subsidiaries, Brio Gold operates the Pilar, Fazenda Brasileiro, Santa Luz, and RDM mines, which have a total of proven and probable reserves of 2.9Moz, measured and indicated resources of about 2 Moz, and inferred resources of close to 3.2 Moz; producing 178,025 oz of gold in 2017. In 2018, Brio Gold entered into a definitive agreement with Leagold Mining Corporation to combine the companies by a mid-tier gold producer with projects in Mexico and Brazil.

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