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Brazilian mining regulations to be enforced strictly: minister
June 18, 2013 / 4:08 PM / 4 years ago

Brazilian mining regulations to be enforced strictly: minister

RIO DE JANEIRO (Reuters) - Brazil will strictly enforce all clauses in existing mining rights from here on, ending previous leniency, Mines and Energy Minister Edison Lobao said on Tuesday, after the government announced a bill to reform the national mining code earlier in the day.

The bill proposes to double royalties to up to 4 percent, but specific charges for each product would be determined by President Dilma Rousseff, he said during a news conference after the bill was announced in Brasilia.

Reporting by Jeb Blount; Editing by Gerald E. McCormick

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