Newspaper article from our research archive:

Brazil: Morro de Ouro mine production up 50%.

Brazil, Dec 1, 2004 (Jornal do Commercio/SABI via COMTEX)

The Canadian mining company Kinross Americas will expand the Morro de Ouro mine production by 50%. The group held 49% stake in the facility but acquired the remaining 51% from Rio Tinto for US$260mil. Morro de Ouro is based in Paracatu (Minas Gerais state) and owns a capacity of 6.5 m tons of gold per year, to reach between 9 and 10 m tons per year as of 2007, targeting ...

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