Serra Leste is a surface mine owned and operated by Vale located in the state of Pará, Brazil. The operation is approximately 50 kilometres northeast of the Serra Norte mine and 5 kilometres from Serra Pelada — the site of a large artisanal gold rush in the 1980s. Serra Leste received its final licenses to operate in early 2015 and completed its ramp-up throughout 2016. Vale had initially planned a 2013 start for the operation, but was forced to postpone its plans after delays in receiving the required permitting. Transport costs at Serra Leste are slightly higher than the older Serra Norte operation because of the additional trucking required from the mine site to the rail link.