The Serra Grande Gold Mine is a

gold mine Gold Mine may refer to: * Gold Mine (board game) *Gold Mine (Long Beach), an arena *"Gold Mine", a song by Joyner Lucas from the 2020 album ''ADHD Attention deficit hyperactivity disorder (ADHD) is a neurodevelopmental disorder characteri ...

located 5 km from Crixás, in the

Goiás Goiás () is a Brazilian state located in the Center-West region. Goiás borders the Federal District and the states of (from north clockwise) Tocantins, Bahia, Minas Gerais, Mato Grosso do Sul and Mato Grosso. The state capital is Goi ...

state State may refer to: Arts, entertainment, and media Literature * ''State Magazine'', a monthly magazine published by the U.S. Department of State * ''The State'' (newspaper), a daily newspaper in Columbia, South Carolina, United States * ''Our S ...

Brazil Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...

. It is jointly owned by

AngloGold Ashanti AngloGold Ashanti Limited is a global gold mining company. It was formed in 2004 by the merger of AngloGold and the Ashanti Goldfields Corporation. It is now a global gold producer with 21 operations on four continents. The company is listed ...

and

Kinross Gold Corporation Kinross Gold Corporation is a Canadian-based gold and silver mining company founded in 1993 and headquartered in Toronto, Ontario, Canada. Kinross currently operates six active gold mines, and was ranked fifth of the "10 Top Gold-mining Companies" o ...

, who are equal partners. The mine is operated by AngloGold Ashanti but revenue is spread evenly between the two companies. In 2008, the Brazilian operations contributed 8% to AngloGold Ashanti's overall production. It is one of two mining operations of the company in Brazil, the other being the Brasil Mineração Gold Mine.AngloGold Ashanti: Country report Brazil
AngloGold Ashanti website, accessed: 13 July 2010

History

Exploration work on the current Serra Grande mine begun in 1973 and detailed mapping and diamond drilling was conducted until 1976. Mining however did not start until 1987.Crixás, Brazil
Kinross website, accessed: 13 July 2010 Kinross Gold acquired fifty percent of the operation in January 2003 through a merger with TVX. Serra Grande currently comprises three underground mines: ''Mina III'', ''Mina Nova'', and ''Palmeiras'', the later being the most recent development. An open pit also exists above ''Mina III''. The mine experienced one fatality in 2008 but has been fatality free in 2009.

Production

Recent production figures of the mine were:

References

External links

Kinross Gold website

AngloGold Ashanti: Country report Brazil
{{AngloGold Ashanti Gold mines in Brazil Underground mines in Brazil Surface mines in Brazil AngloGold Ashanti Buildings and structures in Goiás