Agencia EFEJune 18, 2013 20:32
Brasilia, Jun 18 (EFE).- President Dilma Rousseff on Tuesday proposed a new regulatory framework for mining in Brazil, one of the world's biggest producers of iron, bauxite, gold, nickel, manganese and other minerals.
Rousseff said her plan calls for a new government agency that would regulate mining activity and create a new concessions regime.
The new concessions "will run for 40 years, extendable for another 20," and the concession holders must comply with "clear legal obligations, with an emphasis on protecting the environment," she said.
Follow us: