Latest news with #Goiás
The Australian
05-08-2025
- Business
- The Australian
Long Shortz: Power Minerals
Tylah Tully chats with Power Minerals (ASX:PNN) managing director Mena Habib, exploration manager Steven Cooper and EDEM Group's new business director Luiz Curado tuned in from Brazil. Power, in partnership with EDEM, is rapidly advancing its Santa Anna Project in Goiás, targeting critical minerals niobium and rare earths. Recent drilling has confirmed high-grade mineralisation not only from surface but also extending into the hard rock, suggesting significant resource potential at depth. Backed by a strong in-country partner in EDEM, and operating in a mining-friendly jurisdiction, Power is positioning itself to capitalise on growing global demand for critical minerals -particularly from the U.S. Watch the video to learn more. This video was developed in collaboration with Power Minerals, a Stockhead client at the time of publishing. The interviews and discussions in this video are opinions only and not financial or investment advice. Viewers should obtain independent advice based on their own circumstances before making any financial decisions.
Daily Mail
24-07-2025
- Daily Mail
Med student claimed she was impoverished to get scholarship...then college bosses discovered what she'd been sharing online
A medical student who claimed she was impoverished in order to get a scholarship was busted after her lavish lifestyle was exposed. Gabriella de Arruda was granted a full scholarship to attend the Evangelical University of Goiás in Brazil in 2020 after her and her family claimed to be earning minimum wage. However she was busted when an audit of her social media accounts revealed she was actually living lavishly - going on luxurious vacations around the world and partying on boats and at music festivals. The city of Anápolis, which administers the scholarship fund, stopped making payments towards de Arruda's tuition earlier this year and she was unable to register for classes and cover monthly payments of 47,300 Brazilian reals - about $8,570. The student filed a lawsuit against the university and the city, and had the scholarship reinstated after a court issued an injunction. The judge removed the court order after noticing discrepancies with de Arruda's, according to Brazilian news outlet Metropoles, which reviewed the court documents. Lisboa performed a social media search and found de Arruda's TikTok account, where a September 2023 post highlighted her trip to Italy, with stops in Rome and Venice. A second TikTok video from May 2023 featured a quick trip to Rio de Janeiro. Other posts on the popular social media platform showed de Arruda partying with her boyfriend on a yacht and attending the Rock in Rio music festival in Rio de Janeiro. The judge also discovered that de Arruda's mother, Priscilla de Andrade, is the same lawyer who signed her daughter's lawsuit documents. She earns 8,496.10 Brazilian reals as an attorney and an additional $4,400 as an employee of the state of Goiás. The totals are well more than three minimum wages that her parents declared in her daughter's scholarship application. Lisboa found that a business owned by de Arruda's mother was listed under the same address as the student, whose records show she was living with her maternal grandparents when she applied to the scholarship. The judge's findings also showed that the student's father was partner at a real estate company. He also learned that de Arruda's father, Tiago de Arruda, had been employed by the city agency that administered social insurance program under the administration of former Mayor Roberto Naves. In addition, the judge discovered that de Arruda's maternal grandfather, Marcos Andrade, is the managing partner of a company that sells construction accessories and supplies. The company's headquarter address matched the address for the student's home and his daughter's business. Lisboa forwarded the results of his investigation to the Goiás state prosecutor's office, which could decide if it wishes to proceed with the case and report the family to the federal finance agency, the equivalent of the IRS in the United States. The Anápolis City Hall informed Metropoles in a statement that they had set up a committee to go over the scholarship program's measures. 'Since the municipality lacked a database to certify that the recipients met the criteria, only after the committee's work is completed will it be possible to determine the program's future course," the city said in a statement. De Arruda's TikTok was flooded with messages from curious followers who wanted to know who she maintained a lifestyle of travel while making a living with three minimum salaries. 'My dream is to have the minimum wage that these people have,' one person said. 'These 3 minimum wages were anything but minimum,' another commented.
Yahoo
10-07-2025
- Business
- Yahoo
Appia Earns Further 5.89% Legal and Beneficial Interest in the PCH Project
Toronto, Ontario--(Newsfile Corp. - July 10, 2025) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQB: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") announced today that, further to its press release dated June 12, 2024, Appia has earned a further 5.89% legal and beneficial ownership interest in Appia Brasil Rare Earths Mineracao Ltda (the "Appia Brasil") the Brazilian company that holds the PCH Project (the "Property") located in the Tocantins Structural Province of the Brasília Fold Belt, Goiás State, Brazil. Appia now holds 15.89%. Pursuant to the Quotaholders Agreement among Appia, Beko Invest Ltd. ("Beko") and Antonio Vitor Junior ("Antonio") dated July 20, 2023 (the "Quotaholders Agreement"), which governs the ongoing exploration and development of the Property, Appia has expended US$2,030,204 pursuant to the Quotaholders Agreement to earn a further 5.89% interest in Appia Brasil. Appia now holds 15.89%. The 500,000 shares to be issued will be subject to a four month and one day hold period from the date of issuance. Appia can earn up to a 70% interest in Appia Brasil. Reference is made to the December 4, 2023 press release for further particulars. About Appia Rare Earths & Uranium Corp. Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The Company holds the right to acquire up to a 70% interest in the PCH Ionic Adsorption Clay Project (See June 9th, 2023 Press Release – Click HERE) which is 42,932.24 ha. in size and located within the Goiás State of Brazil. (See January 11th, 2024 Press Release – Click HERE) The Company is also focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake property, and exploring for high-grade uranium in the prolific Athabasca Basin on its Otherside, Loranger, North Wollaston, and Eastside properties. The Company holds the surface rights to exploration for 94,982.39 hectares (234,706.59 acres) in Saskatchewan. The Company also has a 100% interest in 13,008 hectares (32,143 acres), with rare earth elements and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario. Appia has 168 million common shares outstanding, 205 million shares fully diluted. Cautionary note regarding forward-looking statements: This News Release contains forward-looking statements which are typically preceded by, followed by or including the words "believes", "expects", "anticipates", "estimates", "intends", "plans" or similar expressions. Forward-looking statements are not a guarantee of future performance as they involve risks, uncertainties and assumptions. We do not intend and do not assume any obligation to update these forward-looking statements and shareholders are cautioned not to put undue reliance on such statements. Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. For more information, visit As part of our ongoing effort to keep investors, interested parties and stakeholders updated, we have several communication portals. If you have any questions online (X, Facebook, LinkedIn) please feel free to send direct messages. To book a one-on-one 30-minute Zoom video call, please click here. Contact: Tom Drivas, CEO and Director (c) (416) 876-3957 (e) tdrivas@ NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-06-2025
- Business
- Yahoo
AngloGold Ashanti Sells Brazilian Mine for $76 Million to Aura Minerals
AngloGold Ashanti (NYSE:AU) is one of the best-performing NYSE stocks to buy now. Earlier on June 3, 2025, AngloGold Ashanti reached an agreement to sell its interest in the Mineração Serra Grande mine in Goiás (Brazil) to Aura Minerals. The deal is valued at $76 million in cash, with additional deferred consideration payments consisting of a 3% net smelter return on the mine's mineral resources. The transaction is expected to finalize in Q3 2025, pending regulatory approvals from Brazilian authorities, the completion of certain pre-closing obligations, and no material adverse events. The Mineração Serra Grande mine is located near the city of Crixás and is a gold mine that has been in operation since 1987. It comprises 3 mechanized underground mines and an open pit, supported by a metallurgical plant with an annual capacity of 1.5 million tonnes. A group of miners in hard hats and safety gear descending into a deep coal mine. Despite recent efforts to stabilize operations, including the near-completion of decommissioning at its legacy tailings storage facility, the mine remains one of AngloGold Ashanti's higher-cost and smallest operations in terms of production. In 2024, Mineração Serra Grande produced 80,000 ounces of gold, a slight decrease from 86,000 ounces in 2023. As part of the sale agreement, certain subsidiaries currently under the Mineração Serra Grande operations that hold non-operational assets will be spun off and retained by AngloGold Ashanti. AngloGold Ashanti (NYSE:AU) is a gold mining company in Africa, Australia, and the Americas. It primarily explores for gold, as well as by-products, such as silver and sulphuric acid. While we acknowledge the potential of AU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Melden Sie sich an, um Ihr Portfolio aufzurufen.
National Post
02-06-2025
- Business
- National Post
AngloGold Ashanti Agrees to the Sale of the Mineração Serra Grande Mine
Article content LONDON & DENVER & JOHANNESBURG — AngloGold Ashanti plc ('AngloGold Ashanti', 'AGA' or the 'Company') has agreed to sell its interest in Mineração Serra Grande mine ('MSG') located in the state of Goiás, Brazil, to Aura Minerals Inc. ('Aura'). Article content Article content The Company will sell Mineração Serra Grande S.A. ('Sale'), which owns MSG to a Brazilian incorporated affiliate of Aura ('Purchaser') for the following consideration: Article content A cash consideration of $76 million on closing subject to certain working capital adjustments as at the closing date; and Deferred Consideration Payments equivalent to a 3% net smelter returns participation over the current Mineral Resource of MSG inclusive of the Mineral Reserve – these Deferred Consideration Payments will be paid quarterly in cash. Article content The recent focus at MSG has been on stabilizing the operations including the decommissioning of the legacy tailings storage facility ('TSF Decharacterization') which is nearing completion. However, MSG remains one of AGA's higher cost and its smallest operation by production. Article content 'This sale ensures we further sharpen our focus on capital allocation, operating efficiencies and the optimization of our portfolio,' said AngloGold Ashanti CEO Alberto Calderon. 'We've also worked hard to ensure that MSG and its excellent team joins an established company which will continue to be responsible stewards of this asset for the benefit of all stakeholders.' Article content The Sale excludes certain subsidiaries of Mineração Serra Grande S.A which hold assets that do not form part of MSG's mining operations and include properties. These will remain in the AGA group and will be transferred from under Mineração Serra Grande S.A. by means of a spin-off prior to closing ('MSG Subsidiaries Transfer'). Article content The Disposal is subject to the fulfilment of the following conditions: Article content i. Anti-trust approval from the Brazilian authorities (CADE); ii. The completion of the TSF Decharacterization work; iii. The completion of the MSG Subsidiaries Transfer; and iv. No Material Adverse Event occurring prior to closing. Article content It is expected that all the conditions will be fulfilled, and the Sale is expected to close during Q3 2025. Article content ABOUT MSG Article content MSG is located in the northwest of the state of Goiás, central Brazil about 5km from the city of Crixás. The MSG operation comprises three mechanised underground mines and an open pit, with one dedicated metallurgical plant with an annual capacity of 1.5 Mt. Article content As at 31 December 2024, MSG has an exclusive Measured & Indicated Mineral Resource of 1.08 Moz at an average grade of 3.14 g/t, an exclusive Inferred Mineral Resource of 1.41 Moz at an average grade of 3.39 g/t and Proven & Probable Mineral Reserve of 0.37 Moz at an average grade of 2.72 g/t. In 2024, MSG produced 80 koz of gold (2023: 86 koz). Article content ABOUT AURA Article content Aura is incorporated in the British Virgin Islands and is listed on the Toronto Stock Exchange and the Brazil Stock Exchange (B3). Aura is a high growth mid-tier gold and copper producer operating five mines across the Americas: a copper-gold-silver mine in Mexico, three gold mines in Brazil, and a gold mine in Honduras. In addition, Aura holds two development projects in Brazil and recently acquired a gold development asset in Guatemala. Article content Forward-looking statements Article content Certain statements contained in this document, other than statements of historical fact, including, without limitation, those concerning the economic outlook for the gold mining industry, expectations regarding gold prices, production, total cash costs, all-in sustaining costs, all-in costs, cost savings and other operating results, return on equity, productivity improvements, growth prospects and outlook of AngloGold Ashanti's operations, individually or in the aggregate, including the achievement of project milestones, commencement and completion of commercial operations of certain of AngloGold Ashanti's exploration and production projects and the completion of acquisitions, dispositions or joint venture transactions, AngloGold Ashanti's liquidity and capital resources and capital expenditures, the consequences of the COVID-19 pandemic and the outcome and consequences of any potential or pending litigation or regulatory proceedings or environmental, health and safety issues, are forward-looking statements regarding AngloGold Ashanti's financial reports, operations, economic performance and financial condition. These forward-looking statements or forecasts are not based on historical facts, but rather reflect our current beliefs and expectations concerning future events and generally may be identified by the use of forward-looking words, phrases and expressions such as 'believe', 'expect', 'aim', 'anticipate', 'intend', 'foresee', 'forecast', 'predict', 'project', 'estimate', 'likely', 'may', 'might', 'could', 'should', 'would', 'seek', 'plan', 'scheduled', 'possible', 'continue', 'potential', 'outlook', 'target' or other similar words, phrases, and expressions; provided that the absence thereof does not mean that a statement is not forward-looking. Similarly, statements that describe our objectives, plans or goals are or may be forward-looking statements. These forward-looking statements or forecasts involve known and unknown risks, uncertainties and other factors that may cause AngloGold Ashanti's actual results, performance, actions or achievements to differ materially from the anticipated results, performance, actions or achievements expressed or implied in these forward-looking statements. Although AngloGold Ashanti believes that the expectations reflected in such forward-looking statements and forecasts are reasonable, no assurance can be given that such expectations will prove to have been correct. Accordingly, results, performance, actions or achievements could differ materially from those set out in the forward-looking statements as a result of, among other factors, changes in economic, social, political and market conditions, including related to inflation or international conflicts, the success of business and operating initiatives, changes in the regulatory environment and other government actions, including environmental approvals, fluctuations in gold prices and exchange rates, the outcome of pending or future litigation proceedings, any supply chain disruptions, any public health crises, pandemics or epidemics (including the COVID-19 pandemic), the failure to maintain effective internal control over financial reporting or effective disclosure controls and procedures, the inability to remediate one or more material weaknesses, or the discovery of additional material weaknesses, in the Company's internal control over financial reporting, and other business and operational risks and challenges and other factors, including mining accidents. For a discussion of such risk factors, refer to AngloGold Ashanti's annual report on Form 20-F for the financial year ended 31 December 2024 filed with the United States Securities and Exchange Commission (SEC). These factors are not necessarily all of the important factors that could cause AngloGold Ashanti's actual results, performance, actions or achievements to differ materially from those expressed in any forward-looking statements. Other unknown or unpredictable factors could also have material adverse effects on AngloGold Ashanti's future results, performance, actions or achievements. Consequently, readers are cautioned not to place undue reliance on forward-looking statements. AngloGold Ashanti undertakes no obligation to update publicly or release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, except to the extent required by applicable law. All subsequent written or oral forward-looking statements attributable to AngloGold Ashanti or any person acting on its behalf are qualified by the cautionary statements herein. Article content Article content Article content Article content Article content
