Natural resources constitute a large part of the exports that Latin America offers to the world.
This also means that the region is full of investment opportunities for those involved in extractive industries such as mining.
Brazil is the fifth largest country in the world in terms of territory and its land has many mineral resources. So much so that Brazil is one of the world’s leading mineral exporters.
Mining accounts for almost 7% of the country’s GDP and as such it can expect to benefit greatly from the recent recovery in commodity prices.
Brazil is the world’s largest producer of Niobium, the second largest producer of manganese, the third largest producer of iron and bauxite, and the eleventh largest producer of gold.
Other important minerals in Brazil are copper, nickel, phosphate, coal, and potassium chloride.
GEMS
The most important and varied stones found in South America are found in the Brazilian shield.
The State of Minas Gerais is justly famous for its abundance and variety of gems: Diamonds, topaz, emeralds, aquamarines, morganites and other beryl, spinels, garnets, kunzites, tourmalines, quartz of all varieties and practically all gems of pegmatitic origin, as well as many of the metamorphic ones appear.
Among the approximately 100 different types of gems found in Brazil, the most important in terms of production and / or originality, are tourmaline, topaz, opals, the various varieties of quartz (agate, amethyst and citrine) and emerald.
In addition, Brazil is one of the world’s producers of imperial topaz and Paraíba tourmaline and produces diamond, ruby and sapphro on a small scale. Brazilian gemstone production is generally carried out by independent miners and a few mining companies.
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