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alixiagayle's blog

alixiagayle

Amazon Gold Ventures, Gold mining is booming in Brazil

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) October 31, 2011 -- Brazil and Gold Mining Stocks

After a long period of severe macroeconomic instability—resulting in very high rates of inflation, mediocre and intermittent growth of GDP and stagnation of per capita income—a successful stabilization program has restored Brazil to the list of dependable economies.

Brazil is now the world's tenth largest economy at market exchange rates and the ninth largest in purchasing power with large and developed agricultural, mining, manufacturing and service sectors, as well as a large labor pool. The country has been expanding its presence in international financial and commodities markets, and is regarded as one of the group of four emerging economies called BRIC.

BRIC

In 2003, Jim O'Neill, global economist at Goldman Sachs, proposed that the economic potential of Brazil, Russia, India, and China [BRIC] is such that they may become among the four most dominant economies by the year 2050. The BRIC thesis—defended in the paper Dreaming with BRICs: The Path to 2050—predicts that China and India will become the dominant global suppliers of manufactured goods and services while Brazil and Russia will become similarly dominant as suppliers of raw materials. Cooperation is hypothesized to be a logical next step among the BRICs because Brazil and Russia together form the logical commodity suppliers to India and China.

Brazilian exports are booming, creating a new generation of tycoons. Major export products include aircraft, coffee, automobiles, soybean, iron ore, orange juice, steel, ethanol, textiles, footwear, corned beef and electrical equipment.

The country is also energy independent. As part of a 30+ year alternative energy campaign that has implemented the majority use of hydroelectric power to generate electricity and outfitted automobile filling stations with ethanol-based fuels, Brazil must no longer rely on foreign sources to meet the country's energy needs.

In alliance with a 1995 foreign investment law that began allowing offshore companies to hold a 100% ownership in mineral properties, and new ordinances that expedite the operating and environmental permitting process, these social and economic reforms have successfully attracted new investment and diversified Brazil's mining industry.

Brazil's mining sector, particularly for gold, is currently going through a phase of real growth. New mine projects and expansions in progress are expected to ensure that Brazil retains its leading position in global mineral production for years to come.

Last year, Brazil's National Department of Mineral Production published estimates that showed the country produced approximately 40 tonnes of gold in 2006, recording an increase of 4.5% as compared to 2005. (Data from 2007 is still pending.)

According to official figures from the National Department of Mineral Production, Brazil's gold reserves are assessed at approximately 1.720 tonnes and distributed mainly throughout the states of Minas Gerais and Pará. And with over 2,500 currently known gold occurrences, Brazilian gold exploration, development, and production is expected to continue increasing significantly in the foreseeable future. 

In short investment in Brazilian Gold miners is a great idea. 

Amazon Gold Ventures Ltd. is in the process of identifying and qualifying existing independent gold mining operations in Colombia, Peru and Brazil. Through our associates and partners, the Company provides a team of engineers and mining industry experts to enable and assist growth directly in exchange for co-ownership and royalties in each mine or exploration project. The Company is primarily focused on partnering solely with operating gold mining projects and ventures, which have already completed the exploration phase of their operation.

http://www.amazongoldventures.com/index.html

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