We are committed to Brazil. We believe that Brazil is a sensible place to grow a mid-tier copper producer because it is a mining friendly jurisdiction with an established mining code. There is a mining heritage that stretches back hundreds of years and Brazil today is home to some of the largest mining operations in the world. As one of ten largest economies in the world and the largest in South America, Brazil has an established infrastructure that is well suited to mining, removing much of the country risk associated with other geographies.
