The first settlement, founded in 1738, was called Arraial de Formigas, later Arraial de Nossa Senhora da Conceição and São José de Formigas, Vila de Montes Claros de Formigas and lastly the city of Montes Claros.
In 1831 the arraial became a vila and was called Montes Claros de Formigas. In 1847 the first doctor arrived and set up practice. In 1857 the vila had around 2,000 inhabitants and became a city, dropping the name of "formigas" (ants)
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