Focus on Brazil
He is seen as the Messiah by his followers. In fact, his middle name is also Messiah. Jair Messias Bolsonaro becomes the next president of Brazil. This was the decision taken by the 145 million voters on 28 October. You don't have to like the ex-military, called right-wing populist. But it could also be an opportunity for Brazil to get back on its feet economically and especially in terms of public finances.
The stock market definitely celebrated Bolsonaro's victory. After all, it stands for privatization and savings in the state apparatus. How long this will last remains to be seen. But if Bolsonaro - also known as Brazil's Trump - doesn't get completely out of hand, Brazil could once again become a favorite among investors. Companies from cost-intensive mining in particular should then benefit from this. Investors who believe in a positive path for Brazil therefore secure shares in companies active in Brazil, such as GoldMining.
GoldMining - https://www.commodity-tv.net/c/search_adv/?v=298220 - not only has its roots in Brazil - the company was formerly called Brazil Resources - but also has large gold projects in the South American country. GoldMining also operates gold and copper projects in Peru, Colombia and Canada. The 75 percent stake in a uranium project in Canada rounds off the portfolio.
Panoro Minerals - https://www.commodity-tv.net/c/search_adv/?v=298566 - has no activities in Brazil. But Bolsonaro's success should also have an impact on other countries in the region. This also includes Peru, where Panoro Minerals is active. The Company develops and explores large and prospective gold-copper projects in Peru. Panoro Minerals works closely with the local population.
Current corporate information and news releases from Panoro Minerals (https://www.resource-capital.ch/en/companies/panoro-minerals-ltd.html) and GoldMining (https://www.resource-capital.ch/en/companies/goldmining-inc.html).
In accordance with §34 WpHG, I would like to point out that partners, authors and employees can hold shares in the companies mentioned in each case and therefore there is a possible conflict of interest. Only the English version of these messages applies.
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