Countries in Focus

Cleveland's initial focus is on Brazil because it offers excellent mineral potential with:

  • Low labour costs
  • Low energy costs
  • Attractive, robust mining legislation
  • Low taxation rates and where repatriation of capital is allowed
  • Comparatively smooth bureaucratic process to enable swift examination, construction and mining
  • Well-understood geology with relatively low exploitation levels
  • Excellent operational history, access to professional, skilled and semi-skilled personnel
  • Access to contractors, equipment and minerals service companies (drilling, assays, blasting, consumables)
  • Centuries of mining history and public support for mining

Brazil is strongly regarded as the next boom area in mining. Its sovereign risk rating is excellent with constitutional amendments in1995 providing a landmark in Brazilian mining legislation by granting foreign companies the right to hold majority ownership in Brazilian projects, and equality of fiscal and economic treatment.

Special Report

A History of Brazilian Mining: 500 years of preparation 

Click  flag to download