Brazil to Hike Mining Royalties

Source:

"Brazil's overhaul of its mining code will likely double average royalty rates for minerals."

Reuters

Brazil's overhaul of its mining code will likely double average royalty rates for minerals, Mines and Energy Minister Edison Lobao said on Tuesday.

Previously Lobao had said the government was considering a proposal to increase royalties to an average of 4 percent from 2 percent, but that the issue was still being studied. . .View full article

Get Our Streetwise Reports Newsletter Free

A valid email address is required to subscribe