Brazil to auction kaolin, copper, phosphate mining rights

Brazil’s mines and energy ministry announced an auction for December 7 to offer mining rights to kaolin, copper and phosphate deposits in three states. 

"The initiative reinforces the commitment to the development of Brazilian mining, allowing the private sector to participate in the process of exploration and studies of deposits," the mines and energy ministry said in a press release. 

Three assets will be offered in the auction: 

The Miriri phosphate project is in the coastal region of northeast states Paraíba and Pernambuco. 

Surveys carried out by geological service SGB-CPRM indicate potential of 103Mt of phosphate ore, according to the release. 

The Cobre de Bom Jardim copper project is in center-west state Goiás. 

The 1,000ha area has resources estimated at 4.5Mt of ore, the ministry said. 

The Caulim no Rio Capim kaolin deposit is in the northern state of Pará. It comprises two areas, the south block and north block, covering 10,000ha. The north block has an estimated 574Mt of ore and the south block 218Mt.

Further details can be seen via this link.