The mine is jointly owned by AngloGold Ashanti and Kinross Gold Corporation, who share equal partnership.

[2] Exploration work at the Serra Grande mine began in 1973, with detailed mapping and diamond drilling conducted until 1976.

[3] In January 2003, Kinross Gold acquired a fifty percent stake in the Serra Grande mine through a merger with TVX.

[3] Serra Grande currently comprises three underground mines: Mina III, Mina Nova, and Palmeiras, with Palmeiras being the most recent development.

Additionally, there is an open pit located above Mina III.