“[This measure] intends to de-bureaucratise [the mining industry] to attract more investment from the private sector,” Brazilian mining ministry chief Fernando Coelho Filho said.
The new mining code, which replace legislation published in 1967, changes 23 clauses, he added.
Under the new regulations, a new mining agency has been created - Agência Nacional de Mineração. The agency replaces the national department of mining production (DNPM).
The law also changes the permitting...