Paracatu Mine in Minas Gerais, was the largest gold-producing mine in Brazil, producing approximately 549.2 thousand ounces of gold and an estimated 52.5 million metric tons per annum (mmtpa) of Run-of-Mine (ROM) in 2021. The Paracatu Mine is owned by Kinross Gold Corp, and is due to operate until 2031. The second largest gold-producing mine with an estimated gold production of 380.7 thousand ounces and an estimated 46.82 mmtpa of ROM, was the Salobo Mine located in Minas Gerais. The Salobo Mine is owned by Vale SA, and is due to operate until 2053.
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