Gold Market Transformation: Traceability and Enhanced Oversight as Key Factors

The Brazilian gold market has undergone significant transformation since 2023 with the adoption of electronic invoicing for the product. This evolution aims not only to modernize operations but also to strengthen the supply chain and improve oversight efficiency. Experts argue that traceability processes and increased scrutiny can bring considerable benefits, from the mine to the final consumer. The National Mining Agency (ANM) advocates for integrated data use and artificial intelligence tools as means to enhance oversight of the gold supply chain. This integration of technologies could significantly contribute to minimizing risks for both producers and the state, facilitating control over legal and illegal transit. Additionally, the proposal to reclassify mining areas aims to reduce precariousness in the sector, providing greater access to credit for miners and promoting increased formalization.