Jangada Mines

What Jangada Mines does

Jangada Mines PLC is a London-headquartered, AIM-listed (LSE:JAN) mining project development company founded in 2015 and focused on advancing a portfolio of gold and vanadium assets in Brazil toward production. Its three core projects are the Molly Gold Project (a 6,656.2-hectare concession in Pará State's Tapajós Gold Province with a JORC-compliant Inferred Mineral Resource of approximately 130,000 oz Au), the Paranaíta Gold Project (a 7,211-hectare asset in the Alta Floresta-Juruena Gold Province with a CBRR-compliant resource of 210,043 oz Au and stated potential for 1M+ oz), and the 100%-owned Pitombeiras vanadium titanomagnetite (VTM) Project in Ceará State (NI 43-101 compliant resource of 8.26 Mt). The company's underlying technology is conventional mineral exploration: diamond drilling, induced polarization and magnetic geophysics, 3D inversion of total magnetic intensity data correlated with geochemical anomalies, and wet magnetic separation metallurgical processing for ferrovanadium and TiO₂ recovery.

Jangada is explicitly pre-revenue with no commercial production or sales. Its intended revenue model is the future sale of gold concentrate, ferrovanadium concentrate, and titanium dioxide products into commodity markets, with Pitombeiras identified as the asset closest to a production decision (feasibility-stage economics: 100.3% post-tax IRR, US$96.5M NPV at 8%, 13-month payback). The GTM motion today is investor-relations-led: demonstrating project value through technical milestones, drilling results, and resource upgrades to attract equity capital on AIM and, eventually, offtake partners. The company also holds a 3.6% strategic stake in Fodere Titanium Limited, a UK minerals-technology firm developing extractive metallurgy for TiO₂ and battery-grade vanadium compounds. The corporate strategy is dual-track: advance existing projects to production while using in-country geological expertise to acquire additional Brazilian assets.

Name

Jangada Mines

Legal name

Jangada Mines PLC

Website

https://jangadamines.com

Company type

Public

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Jangada Mines PLC is an AIM-listed pre-revenue mining developer advancing three Brazilian gold and vanadium projects — Molly, Paranaíta, and Pitombeiras — toward production through diamond drilling, geophysics, and metallurgical processing.

Ownership category

akta.pro rank

Product category

Mineral Resource Development

NAICS

Gold Ore and Silver Ore Mining (21222)

SIC

Gold And Silver Ores (1040)

akta.pro primary industry

Mine Development & Processing EPC (Critical Minerals) (IMAKAFAM)

akta.pro secondary industry

Exploration & Resource Development (Critical Minerals) (IMAKAFAL)

Keywords

• Gold mining
• Vanadium mining
• Mineral exploration
• Mining project development
• Titanomagnetite resources

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Mineral Production and Sales: Pre-revenue company planning to generate revenue through the sale of mineral products (gold concentrate and ferrovanadium/titanium dioxide concentrate) once projects reach production. The Pitombeiras project is closest to production with potential DSO (direct shipping ore) operation.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Jangada Mines is a Brazilian-focused mining project development company advancing gold and vanadium titanomagnetite (VTM) assets through exploration, drilling, resource definition and feasibility studies toward eventual production and sale. The portfolio comprises the Molly Gold Project (Pará State), Paranaíta Gold Project (Mato Grosso/Pará border) and the 100%-owned Pitombeiras VTM Project (Ceará), with planned production of gold, ferrovanadium and titanium dioxide concentrates.

Product overview

Jangada Mines is a Brazilian-focused mining project development company with three core projects: the Molly Gold Project (130,000 oz Au JORC resource), the Paranaíta Gold Project (210,043 oz Au resource with expansion potential to 1 million+ oz), and the 100%-owned Pitombeiras vanadium titanomagnetite Project. The company also holds a 3.6% strategic investment in Fodere Titanium Limited, which develops extractive metallurgy processes for titanium and vanadium.

Differentiator

Problem solved

Functional benefit

Products and services

• Molly Gold Project A 6,656.2-hectare gold mining project located in the Tapajós Gold Province of Pará State, Brazil, hosting a JORC-compliant Inferred Mineral Resource of approximately 130,000 ounces of gold at a 0.5 g/t Au cut-off. Targeted at offtake partners and downstream gold buyers; current activity focuses on resource expansion drilling and high-grade epithermal delineation.
• Paranaíta Gold Project A 7,211-hectare gold project located in the Alta Floresta-Juruena Gold Province of Mato Grosso/Pará, Brazil, featuring a gold-rich porphyry-epithermal system with a CBRR-compliant resource estimate of 210,043 ounces Au and potential to exceed 1 million ounces. Metallurgical recovery rates of 80.4% (saprolitic ore) and 86% (sulphide ore) demonstrated. Targeted at gold concentrate offtake partners.
• Pitombeiras Project A 100%-owned vanadium titanomagnetite (VTM) project located in Ceará State, Northeast Brazil, approximately 280 km southwest of Fortaleza and within 300 km of the Pecém and Fortaleza seaports in the Ceará Free Trade Zone. NI 43-101-compliant resources of 8.26Mt with planned production of ferrovanadium and titanium dioxide concentrates for metallurgical buyers. Metallurgical testwork has demonstrated 58.8–73.0% Fe recovery and 70.5–87.55% V2O5 recovery at <0.2mm granulometry.

Quantifiable outcome

• Post-tax IRR of 100.3% and NPV of US$96.5M for Pitombeiras project
• +3 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• GE21 Consultoria MineralcoreStrategic or Co-development PartnerBrazilian-based technical consultancy engaged to prepare feasibility studies and economic assessments for the Pitombeiras vanadium project. GE21 has completed NI 43-101 compliant PEA (February 2021) and Full Feasibility Report (April 2022), advancing the project toward production decision. Currently finalizing Feasibility Study incorporating Fe/V2O5 and TiO2 commodities.
• Fodere Titanium LimitedminorStrategic or Co-development PartnerJangada holds a 3.6% investment in Fodere, a UK minerals technology company developing commercial processes to extract titanium dioxide, vanadium pentoxide, and other valuable products from low-grade ores and waste stockpiles. The Board believes this is synergistic to Jangada's ferro vanadium project in Brazil. Fodere's processes target battery-related metals including vanadium compounds for redox-flow batteries.
• PKF Littlejohn LLPminorImplementation/ SI/ Consulting PartnerStatutory auditor for Jangada Mines PLC, located at 15 Westferry Circus, Canary Wharf, London E14 4HD.
• Strand HansoncoreImplementation/ SI/ Consulting PartnerNominated & Financial Advisor to Jangada Mines PLC, providing ongoing advisory services for AIM compliance and corporate transactions.
• Tavira Securities LimitedcoreImplementation/ SI/ Consulting PartnerBroker for Jangada Mines PLC, providing market-making and execution services for the company's AIM-listed shares.
• Bird & Bird LLPminorImplementation/ SI/ Consulting PartnerLegal advisors as to English law, located at 12 New Fetter Lane, London EC4A 1JP.
• FFA LegalminorImplementation/ SI/ Consulting PartnerLegal advisors as to Brazilian law, located in Rio de Janeiro, Brazil.
• MSP Secretaries LimitedminorImplementation/ SI/ Consulting PartnerCompany Secretary and registered address provider, located at Eastcastle House, 27/28 Eastcastle Street, London W1W 8DH.

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Cabral Gold Inc. Exploration-stage gold company focused on the Cuiú Cuiú and Bom Jardim projects in the Tapajós Gold Province of Pará State, Brazil — the same regional belt as Jangada's Molly Gold Project. Closely comparable in scale, jurisdiction, commodity, and development stage.
• Bushveld Minerals Limited: Vanadium-focused miner and battery materials developer operating the Vametco and Vanchem processing facilities in South Africa. Directly comparable to Jangada's Pitombeiras VTM project in commodity focus and downstream vanadium value-chain positioning.
• Largo Inc. Canadian-listed vanadium producer operating the Maracás Menchen mine in Bahia, Brazil. Directly comparable to Jangada's Pitombeiras VTM project in commodity, geography, and processing route (magnetic separation to ferrovanadium). Jangada CEO Paulo Misk was previously CEO of Largo.
• Bravo Mining Corp. Canadian-listed exploration company advancing the Luanga PGM+Au+Ni project in the Carajás Mineral Province of Pará, Brazil. Directly comparable as a Brazil-focused junior explorer; also shares management overlap (Jangada director Heinrich Müller was VP Technical at Bravo).

Broad incumbents

• Aura Minerals Inc. Mid-tier gold producer with multiple operating mines in Brazil (including Almas and Aranzazu) and Honduras. Provides a relevant Brazilian gold operating benchmark and offtake counterparty reference, though at a much larger scale than Jangada.
• Hochschild Mining PLC: Mid-tier precious metals producer with gold and silver operations across the Americas, including Brazil. Provides a relevant senior peer benchmark for epithermal gold project economics in Latin America, though with a substantially larger operating footprint.
• Equinox Gold Corp. Mid-tier gold producer with Brazilian operations including the Aurizona and Fazenda mines in Maranhão and Bahia. Relevant comparable for Brazilian gold project economics, permitting, and offtake, though at a substantially larger scale.

Emerging players

• G Mining Ventures Corp. Canadian-listed gold developer that brought the Tocantinzinho gold mine in Pará State, Brazil into production in 2024. Provides a comparable path-to-production reference in the same Brazilian jurisdiction as several of Jangada's gold projects.
• Lithium Ionic Corp. Canadian-listed developer of the Bandeira and Outro Lado lithium projects in Minas Gerais, Brazil. Relevant as a Brazil-focused critical minerals peer at a similar development stage; Jangada's former COO now serves as COO at Lithium Ionic.

Regional players

• Troy Resources Limited: Australian-listed gold producer with operations historically focused in Brazil (Andorinhas mine in Pará State). Relevant as a regional gold operating peer operating in the same Brazilian state as Jangada's Molly project.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/jangadamines
• LinkedInlinkedin.com/company/jangada-mines-plc

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Jangada Mines