Brazil
Legislation
- Mining Code 1967 (as amended)
- Mining Regulations 2018
- Resolution on Environmental Licensing 1997
Regulatory Risk Rating
Regulatory Risk
Regulatory Corruption Risk
Regulatory Corruption Risk
Corruption Exposure Risk
Corruption Exposure Risk
| Regulatory Risk Rating Factors | Risk Level |
|---|---|
| First Come / First Serve | Subscribe |
| Application Critiera | Subscribe |
| Duration | Subscribe |
| Right to Renew | Subscribe |
| Competing Licences | Subscribe |
| Mineral Coverage | Subscribe |
| Right to Mine | Subscribe |
| Criteria for Mining Rights | Subscribe |
| Tenure | Subscribe |
| Surface Rights | Subscribe |
| Government Take | Subscribe |
| Transfer Rights | Subscribe |
| Change of Control | Subscribe |
| EIA Process | Subscribe |
| Power to Revoke | Subscribe |
| Age of Legislation | Subscribe |
| Other Factors | Subscribe |
Brazil offers a curious mix of comfort and caution for the miner. There is comfort in the perpetual right of ownership once a mining concession has been awarded, yet the discretion over the right to mine, the obligation to have financing in place on the concession application and the perpetual State influence over mining operations should be considered carefully before an investment is made or a mine decision is taken.
Contents
Legislation
- Mining Code 1967 (as amended)
- Mining Regulations 2018
- Resolution on Environmental Licensing 1997
Regulatory Risk Rating
Regulatory Risk
Regulatory Corruption Risk
Regulatory Corruption Risk
Corruption Exposure Risk
Corruption Exposure Risk
Overview
Brazil is extremely rich in mineral deposits and has a well-established mining industry. The country is a major global producer of iron ore, bauxite, kaolin, niobium and gemstones. Iron is, by some way, the most commonly produced mineral – accounting for almost 60% of mineral production in 2020 – and Brazil is usually second only to Australia in terms of iron production. It is also consistently amongst the top three producers of bauxite in the world and is thought to have some of the world’s largest deposits. The country also produces coal, tin, manganese, aluminium, gold, copper, nickel, cobalt, diamonds, titanium minerals, fluorspar, potash, phosphate, zinc and lead. Chinese demand has been a major driver of the sector for several years now and the industry has experienced considerable growth as a result.
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