Article: MBR waits for license to new mine.

Brazil, Nov 28, 2003 (Gazeta Mercantil/SABI via COMTEX)

The Brazilian mining company MBR, held by Caemi group, is expecting for the approval of environmental licenses concerning the inauguration of the new mine based at Quadrilatero Ferrifero, Minas Gerais state, an operation estimated at R$20mil, to reach 40mil m tons of iron ore and to develop the group into the world 4th main producer. According to the company' chairman, Hugo Stoffel, the Capao Xavier mine already holds a temporary license of the mining chamber from Copam. MBR' new facilities have a capacity of 8mil m tons per year. The group currently operates in the mines of Pico de Itabirito, Capitao do ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!