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Wednesday 17 April 2013

Brazil Mining Report Q2 2013

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Brazil Mining Report Q2 2013
Apr 17th 2013, 00:00

BMI View: Brazil''s mining sector is poised for continued, though slower, growth as weaker foreign demandweighs on Brazilian exports. The country''s large untapped reserves and relatively small mining sectorrelative to regional peers make it a compelling sector growth story and should continue to attractinvestment. Iron ore production will continue to be the main driver of mining sector investment, but weexpect growth in several base metals, as well as gold, providing opportunities for mining companies andinvestors. Investments into infrastructure in advance of the 2014 FIFA World Cup and 2016 Olympics willnot only help support demand for raw materials, but also enabl...

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