- Altamira Gold (TSXV:ALTA) has appointed respected macro and mining investor Otavio “Tavi” Costa to its board of directors
- Altamira Gold is a mineral exploration and development company advancing four projects in western central Brazil
- The junior gold stock last traded at C$0.16 and has added 83.33 per cent year-over-year
Altamira Gold (TSXV:ALTA), a junior mining company active in Brazil, has appointed respected macro and mining investor Otavio “Tavi” Costa to its board of directors.
Costa has made a name for himself in the macro world by anticipating and identifying trends through a focus on capital cycles, hard assets and global imbalances, garnering a global readership in the millions including governments and institutions alike.
He is the founder and CEO of Azuria Capital, and a founding shareholder of Bolivia-based San Cristóbal Mining, which operates one of the world’s largest silver, zinc and lead mines, generating 17.6 million ounces of silver, 184,000 tons of zinc and 50,000 tons of lead in 2025.
His insights have led to numerous appearances on major financial media outlets, including Bloomberg, The Wall Street Journal, Barron’s and Fox Business, with the analyst having also presented his research at the International Monetary Fund.
With more than 300,000 followers on X and more than 60,000 on LinkedIn, Costa’s appointment holds the promise of vastly expanding Altamira’s visibility as it advances its flagship Cajueiro project, which hosts two certified gold resources, as well as multiple hard-rock gold occurrences traceable from historical production indicating a high potential for scalability.
Leadership commentary
“We are extremely pleased to welcome Tavi to the board of directors. Tavi’s wide experience in mining finance together with his deep knowledge of the capital markets, and his wide network of industry contacts and investors, will be invaluable to the company as we continue to expand and advance the Cajueiro gold district in Brazil,” Mike Bennett, chief executive officer of Altamira Gold, said in Tuesday’s news release.
“I’m pleased to be joining the board of Altamira Gold at a compelling stage for the business,” Costa added. “The 43-101 resource at Cajueiro anchors the current value, with significant upside across the broader Alta Floresta Gold Belt land package. Positioned in Brazil, the company stands to benefit from the structural economic shift underway across Latin America. My goal is to be a value-add investor and director – helping the business across all fronts, from key capital decisions to unlocking the full potential of its existing resource base and its significant exploration upside.”
About Altamira Gold
Altamira Gold is a mineral exploration and development company advancing four projects in western central Brazil collectively spanning more than 100,000 hectares within the Juruena Gold Belt, which has yielded over 6 million ounces of placer gold to date.
Altamira Gold stock (TSXV:ALTA) last traded at C$0.16 and has added 83.33 per cent year-over-year.
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