Serra Pelada was a large gold mine at the south of the mouth of the Amazon river. Civil construction of the gold room is complete. by Alex Q. Arbuckle. In July 2007, COLOSSUS and COOMIGASP formed a partnership to develop the remaining bedrock mineralisation at Serra Pelada. Under the terms of this joint venture, COLOSSUS will manage and operate the project, earning a majority interest by funding exploration and paying COOMIGASP a premium for the gold reserve established by the joint venture. Three months after the gold’s discovery, the Brazilian military took over operations to prevent exploitation of the workers and conflict between miners and owners. Serra Pelada is situated in the mineral prolific Carajas region near the towns of Curionopolis and Parauapebas, Para State, northern Brazil, where access and infrastructure are excellent. As Taschen republishes Sebastião Salgado’s classic reportage from the Serra Pelada gold mine, a former Magnum director recalls the day it first landed on his desk. The mineralization has been oxidized by supergene process to depths in excess of 300 metres below surface. Significant progress has been made in erecting the conveyor systems. The government banned women and alcohol at the mines. All of the structural steel and platework is 100% erected. But the nearby town became known for booze and whores. _g1.classList.remove('lazyload'); _g1 = document.getElementById('g1-logo-inverted-source'); If gold was discovered, a bonus is given. This zone has up to 150 metres vertical extent and in places is more than 50 metres wide. Significant milestones achieved since the last development update include: Other infrastructure construction is progressing as planned. Serra Pelada was a large gold mine in Brazil. By the end of the week, hundreds of gold prospectors flocked to Serra Pelada to see for themselves. Serra Pelada claims, Curionópolis, Carajás mineral province, Pará, Brazil Huge nuggets were quickly discovered, the biggest weighing nearly 6.8 kilograms (15 lb), $108,000 at the 1980 market price (now $335,123 in 2020). The Pyramids, the history of mankind unfolded. This feature is not available right now. This article was originally published in issue #7887 of British Journal of Photography magazine. This is to prevent exploitation of the workers and stop conflict between miners and owners. Inspection of buildings for the purpose of signing off handover of facilities to the Company is advanced. The Pyramids, the history of mankind unfolded. They would then carry them up to the top of the mine through some 400 meters of wood and rope ladders. The soil would then be sifted for gold. Enter your account data and we will send you a link to reset your password. Just LIKE us on Facebook. In 1979 a local child swimming on the banks of a local river found a 6 grams (0.21 oz) nugget of gold. Huge gold nuggets were quickly discovered, the biggest weighing 6.8 kilograms valued $108,000 at the time, which is about $310,173 today. The highest grades of gold, platinum and palladium typically occur in the steeply dipping hinge at the contact between the metasiltstone and de-calcified carbonate ("sandstone"). if ( localStorage.getItem(skinItemId ) ) { Erection of tanks and other mechanical installations in the gold room area are progressing. Immense ricchezze si nascondono nel sottosuolo del Brasile, paese con un territorio sterminato dove tuttavia la povertà, per un numero enorme di persone, è ancora un'amara realtà. COOMIGASP will separately develop the 'monteira' (tailings and waste from the Serra Pelada garimpo), with initial financial and technical assistance from COLOSSUS. Some of this was mined in sections of the Serra Pelada pit. Serra Pelada gold mine. Soon word leaked out and by the end of the week a gold rush had started. Conveyor belts are installed and ready for commissioning.