Aguia Resources (ASX:AGR) expects to start mining and processing work soon at its Tres Estradas Mine, 46km east of Dom Pedrito in southeast Brazil.
The company recently requested amendments to its installation licence before the final review period expires. Mining and processing work will commence at the Dagoberto Barcelos Plant once the operating licence is granted, which is expected within weeks.
Brazil’s environmental protection agency for Rio Grande do Sul state, Fundação Estadual de Proteção Ambiental Henrique Luís Roessler (FEPAM), requires further information before issuing the operating licence.
Aguia has already provided details about the following:
- Project infrastructure schedule
- Land registry and environmental cadastre changes
- Layout and cartographic data (including shapefiles) revisions
- Environmental monitoring, with current phase 1 project scope alignment
- Installing red pegs around the mine perimeter
The company has also made minor additions to wildlife, water, and environmental documentation from Golder Associates (owned by WSP).
“Aguia is approaching the final phase before mining begins at Tres Estradas with final observations from FEPAM now addressed … [and] we are confident that the operating licence will be issued shortly,” Managing Director and CEO Timothy Hosking says.
“Aguia is taking steps to aggressively boost local production capacity to meet increased demand and therefore reduce the sector’s reliance on imported products, which are experiencing severe supply disruptions.”
Electrical systems, charging modules, weighbridge, production lines, and modular facilities are expected to be finalised by 15 May 2026.
Facility operational testing is scheduled to begin on 15 May 2026, which will also be the official date for marking plant readiness.
First employees will begin work on the same day, with final approvals anticipated within the same timeframe.
Aguia Resources is a multi-commodity company with assets mainly in Brazil, South America.
Write to Richard Szabo at Mining.com.au
Images: Aguia Resources
