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Mining
Studies
By Instituto Escolhas
04 July 2023
Unveiling the wildcat gold mining cash book
What is the cost of opening a wildcat mine and the profit from wildcat mining operations in the Amazon? In its new study, Instituto Escolhas shows that the investment to start a wildcat mining operation using dredging rafts in the Amazon exceeds US$ 616,7 thousand. In terrestrial garimpos, the initial investment is around US$ 281,6 thousand. The figures show how far today’s wildcat gold mining activity is from its artisanal origin.
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