Gold in Brazil | Top Mines, Prices & Investment Guide [2025]

Gold in Brazil represents both a rich natural resource and a lucrative investment opportunity. As one of the world’s leading gold-producing countries, Brazil is home to vast reserves, sophisticated refining facilities, and a growing export market. From the gold-rich soils of Minas Gerais to the legal reforms improving traceability and compliance, Brazil’s gold industry continues to attract investors, buyers, and traders worldwide. Whether you’re seeking 24K gold bars, refinery partners, or export opportunities, Gold Buyers Africa is your most trusted source for verified, high-purity Brazilian gold delivered at competitive prices with full legal documentation. Discover how to safely enter Brazil’s gold market today. Gold in Brazil

Overview: Brazil’s Position in the Global Gold Market

Brazil is one of Latin America’s largest gold producers and exporters, playing a key role in the global precious metals market. The country boasts vast mineral wealth across the Amazon and central regions, with mining contributing significantly to its economy. In 2024, Brazil ranked among the top 10 gold-producing countries globally.

The Largest Gold Mines in Brazil

Here are Brazil’s biggest gold mining operations:

1. Paracatu Mine (Minas Gerais)

• Operator: Kinross Gold Corporation
• Type: Open-pit
• Production: Approx. 540,000 ounces/year
• Note: One of the largest gold mines in the Americas. Gold in Brazil

2. Jacobina Mine (Bahia)

• Operator: Yamana Gold (now part of Pan American Silver)
• Production: 180,000–200,000 ounces/year
• Note: Known for low-cost operations and long mine life.

3. Tucano Gold Mine (Amapá)

• Operator: Great Panther Mining
• Production: Approx. 90,000–100,000 ounces/year
• Note: Facing environmental and regulatory scrutiny.

4. Cuiabá Complex (Minas Gerais)

• Operator: AngloGold Ashanti
• Production: Over 300,000 ounces/year (from Cuiabá and Lamego mines)
• Note: Uses underground mining methods. Gold in Brazil

5. São Bento Mine (Minas Gerais)

• Operator: AngloGold Ashanti
• Note: Historically significant, though nearing depletion.

6. Serra Grande Mine (Goiás)

• Operator: AngloGold Ashanti
• Production: Approx. 120,000 ounces/year
• Note: Formed by three underground mines and a plant.

 Brazil’s Gold Production Statistics (2024–2025)

• Total Gold Output (2024): ~85 metric tons
• Global Rank: Top 10 producer
• Top Producing States: Minas Gerais, Pará, Bahia, Goiás
• Artisanal Mining: Still widespread in Amazon regions; often unregulated

Trends to Watch:

• There is increased enforcement on illegal mining, especially in Indigenous lands
• Rising investment in automation and ESG (Environmental, Social, Governance) standards

 Gold Export and Regulatory Framework in Brazil

Brazil regulates gold through a mix of federal and state-level agencies. Gold in Brazil

Key Regulatory Bodies:

1 ANM (Agência Nacional de Mineração): Oversees licensing, compliance

2 Brazilian Federal Revenue (Receita Federal): Handles export customs

3  Banco Central do Brasil: Monitors gold as a financial asset

To Export Gold from Brazil Legally:

1 The Seller must have a valid mining license or permit

2 The gold must be assayed in a recognized lab or government lab, and all necessary documents are paid up taxed

3 All exporters must declare gold through Siscoserv and customs systems

4 Make sure you obtain all the necessary documents, Proper invoices (Nota Fiscal), and certificates required

Illegal Gold Mining:

• The government is actively cracking down on illegal activities in protected zones (e.g., Yanomami lands)
• Legal gold must be traceable to licensed sources under Brazil’s “Responsible Gold” initiatives

Current Gold Prices in Brazil (2025)

Note: Prices below are based on international spot market rates, converted to USD and Brazilian Real (BRL).

Quantity	Price in USD	Price in BRL (approx.)
1 gram	$65	R$330
10 grams	$650	R$3,300
50 grams	$3,250	R$16,500
100 grams	$6,500	R$33,000
250 grams	$16,250	R$82,500
500 grams	$32,500	R$165,000
1 kilogram	$65,000	R$330,000

Note. Live spot prices fluctuate daily based on international markets and local demand. Gold in Brazil

How to Buy Gold in Brazil: A Guide for International Buyers (2025)

Buying gold in Brazil as a foreign investor can be profitable, but it requires following legal and financial protocols, and these steps will guide to help you navigate the process safely.

1. Understand Brazilian Gold Laws and Regulations

Brazil allows international gold purchases, but buyers must comply with laws regulated by the National Mining Agency (ANM) and the Brazilian Central Bank, and gold must be sourced from legal, licensed miners or refineries and accompanied by documentation proving legal origin and tax compliance.

2. Work with Licensed Dealers or Refineries

Always buy from registered gold dealers or refineries authorized by Brazilian authorities; this helps to ensure the gold you’re buying is real, legally sourced, and exportable, and reputable companies provide assay certificates and invoices that comply with both Brazilian and international export standards.

3. Verify Purity and Source

Most investment-grade gold in Brazil is sold as 24K bars (99.99% purity), and always ask for a lab test report or melting and assay certificate before payment. Always avoid dealing with street sellers or unverified brokers, especially in regions with high illegal mining activity.

4. Secure Export Documentation

To legally export gold from Brazil, you need an invoice from a licensed seller, a Certificate of origin, Tax clearance (from Receita Federal), and ANM registration details

Your export may also require a customs declaration (SISCOMEX) and international shipping clearance.

5. Use Secure Payment & Logistics Services

Avoid cash transactions or informal channels; use safe and secure methods like bank wires to register business accounts, and physical shipments work with a licensed logistics firm experienced in gold transport, including insurance, customs clearance, and secure delivery to your destination. Gold in Brazil

Brazil’s Gold Export Regulations: What You Need to Know (2025)

Exporting gold from Brazil is legal, but tightly regulated to ensure traceability, tax compliance, and environmental responsibility. Here are the key regulations every international buyer or exporter must understand before engaging in the trade:

1. Proof of Legal Origin (Certificate of Origin Required)

All gold exported from Brazil must be accompanied by documentation proving it was mined legally, like a Certificate of Origin issued by a licensed refinery or mining company, and compliance with Brazil’s National Mining Agency (ANM). Gold from illegal mining (commonly found in parts of the Amazon) is strictly prohibited for export.

2. Tax Compliance and Invoice Requirements

Brazilian law requires that gold be sold with an official invoice that reflects all applicable federal and state taxes, including the Financial Transactions Tax (IOF). Exporters must register with Receita Federal (Brazil’s IRS) and prove that taxes were paid before gold leaves the country.

3. Registration in the SISCOMEX System

Exporters must use Brazil’s official trade system, SISCOMEX (Foreign Trade Integrated System), to declare gold exports to ensure transparency, customs monitoring, and tracking of all outgoing shipments, and unregistered shipments are considered illegal and may be seized. Gold in Brazil

4. Central Bank Reporting & Currency Regulations

Since gold transactions impact Brazil’s foreign exchange market, the Central Bank of Brazil monitors gold exports. All international payments for gold must go through authorized financial institutions, and exporters must report earnings in foreign currency through legal channels.

Note. Only licensed companies that follow all regulatory steps from legal sourcing to tax clearance and SISCOMEX registration are allowed to export gold from Brazil. Buyers are strongly advised to verify all documents and work only with authorized Brazilian gold dealers.

Risks of Buying Gold in Brazil: Scams and How to Avoid Them

Brazil is a major gold producer, but international buyers must be cautious, especially when sourcing gold from informal markets or unverified dealers. Below are the four most common risks and how to protect yourself from gold scams in Brazil.

1. Fake or Under-Purity Gold Bars

Some sellers offer gold that is either plated, mixed with other metals, or falsely labeled as 24K. Always demand a refinery assay certificate, conduct a third-party lab test, and avoid buying gold without documentation.

2. Buying from Illegal or Unlicensed Sources

Gold sourced from illegal mining (especially in the Amazon) is often sold at a discount but cannot be exported legally and may be seized by authorities. Always verify that the seller is registered with the National Mining Agency (ANM) and provides proof of legal origin.

3. Advance Payment Fraud

Fraudsters request large deposits or full payment upfront, then disappear or deliver fake goods. Always use safe and secure methods like escrow services, work with reputable law firms or licensed brokers, and never pay in full before verification and secure documentation.

4. Export Documentation Fraud

Fake agents may provide forged export documents or ship gold using falsified customs declarations, exposing you to legal risk. Always ensure all paperwork (invoice, certificate of origin, SISCOMEX entry, tax receipts) is validated by a licensed Brazilian exporter and cross-verified by customs authorities.

Tip: Partner only with trusted, transparent, and compliant gold dealers in Brazil, and involve legal professionals in your transaction.

Gold Refining in Brazil: Best Refineries for Pure 24K Gold

Brazil is one of South America’s top gold-producing nations, and its gold refining industry plays a critical role in turning mined ore into high-purity investment-grade bars. Below are four of the most respected and trusted gold refineries in Brazil that specialize in 24K gold (99.99% purity).

1. Grupo Ouro Minas

Location: Belo Horizonte, Minas Gerais

It’s one of Brazil’s most recognized gold refining companies, Ouro Minas is known for ISO-certified processes and high production capacity and it supplies 24K gold bars to both domestic and international markets and maintains a strong compliance record with the National Mining Agency (ANM). Gold in Brazil

2. Parmetal Refinery

Location: São Paulo

Parmetal is a licensed and technologically advanced refinery that produces 99.99% pure gold bars and it provides assay certificates, follows anti-money laundering (AML) guidelines, and supports fair sourcing initiatives.

3. D’Or Refinery (Refinadora D’Or)

Location: Rio de Janeiro

Known for precision refining and ethical sourcing, D’Or caters to private investors and jewelers seeking 24K gold. They offer small and large bar formats and work under strict environmental and compliance controls.

4. Marsam Refinery

Location: São Paulo

Marsam is one of the oldest private refineries in Brazil and provides end-to-end services including scrap recycling, assaying, and minting investment bars and their processes are regularly audited, making them a reliable choice for institutional buyers.

Tip for International Buyers: Always verify that your gold comes with legal documentation, including a certificate of origin, refining assay, and tax invoices by Brazilian law.

Brazil’s Gold Export Growth: Opportunities for Investors in 2025

As global demand for gold rises and Brazil strengthens its mining infrastructure, 2025 presents major opportunities for both local and international investors. Brazil’s gold export growth is being fueled by better regulation, digital trade systems, and rising production from legal mining zones, and these are key investment opportunities to watch: Gold in Brazil

1. Expanding Legal Mining Operations

With the Brazilian government increasing its crackdown on illegal mining, legal gold mining operations are expanding across Minas Gerais, Pará, and Mato Grosso and investors can now partner with or fund licensed miners and benefit from stable, scalable gold production under regulated conditions.

2. Rising Global Demand for Certified Gold

Global markets, especially in Europe and Asia, are demanding ethically sourced and traceable gold. Brazil’s push toward transparent certification and environmental compliance makes its gold highly attractive and investors can capitalize by building refining, export, or trading platforms that meet these ESG standards.

3. Infrastructure and Logistics Investment

As gold exports grow, there’s a need for better infrastructure, refineries, secure logistics, and digital trade systems. 2025 offers prime opportunities to invest in or supply logistics hubs, armored transport services, and export-focused fintech platforms in key mining states.

4. Currency & Hedging Advantages

With the Brazilian Real (BRL) often trading lower against the USD, international investors can acquire gold at competitive rates, hedge against inflation, and benefit from currency arbitrage, and this makes Brazil an ideal market for gold-backed portfolios and diversification.

NOTE. Brazil’s gold export boom is real, and 2025 is a golden opportunity for investors ready to engage in compliant, scalable ventures from mining and refining to fintech and international trading.

What Are Brazil’s Gold Mining Laws? Key Rules to Stay Compliant in 2025

Brazil’s gold mining sector is highly regulated to ensure environmental responsibility, tax compliance, and legal trade. Whether you are a miner, exporter, or international buyer, understanding the country’s legal framework is essential to avoid penalties or seizure, and these key gold mining laws in Brazil that you must follow to stay compliant:

1. Licensing & Authorization from the National Mining Agency (ANM)

All gold mining activities in Brazil must be authorized by the Agência Nacional de Mineração (ANM). Whether small-scale or industrial, miners must register, acquire exploration permits, and obtain a mining concession before beginning operations. Mining without ANM approval is considered illegal.

2. Environmental Licensing & Impact Assessments

Mining operations must undergo an Environmental Impact Assessment (EIA) and secure licenses from IBAMA (the Brazilian Institute of Environment and Renewable Natural Resources). Companies are required to follow strict environmental protocols, especially in protected or indigenous regions, to prevent deforestation and water pollution.

3. Tax Compliance & Gold as a Financial Asset

In Brazil, gold is considered a financial asset and all sellers must pay taxes like ICMS (state tax) and IOF (Financial Operations Tax), and report all sales to the Receita Federal (Federal Revenue) and gold must be accompanied by proper fiscal invoices for any legal sale or export and failure to pay taxes makes the trade illegal, even if the gold is physically legitimate.

4. Traceability & Anti-Money Laundering (AML) Requirements

To prevent gold laundering and smuggling, Brazil enforces strong AML protocols. Dealers and exporters must verify the source of gold, keep transaction records, and report suspicious activity. Legal gold must come with a Certificate of Origin, and buyers must confirm it came from approved legal mines.

Tip: Always work with licensed miners and registered gold exporters to avoid unintentionally buying illegally mined gold.

Conclusion:

Brazil remains a powerhouse in global gold mining, with vast reserves, major international operators, and a growing push toward ethical sourcing. Whether you’re a buyer, investor, or trader, understanding Brazil’s gold mining dynamics, regulations, and pricing is essential to navigating the market safely and profitably.

For trusted sources and legal export assistance in Brazil, consider working with experienced intermediaries and compliant gold dealers that meet global standards.