Brazil: The João Santos Group is auctioning 10 mining lots in Pernambuco, including areas in the Araripe gypsum complex. Two gypsum areas in Ipubi have an estimated 7.2Mt total gypsum reserves. Lots are spread across Ipubi, Goiana, Ipojuca, Itaquitinga and Jaboatão dos Guararapes and are available from US$24.4m, with a minimum purchase price for all 10 of US$13.4m. Local press has reported that the sale is part of a tax settlement between the João Santos Group and the Office of the Attorney General for the National Treasury. Bidding closes on 18 June 2026.

Mining Brazil Mine debt natural gypsum auction João Santos Group