Brazil Opens National Reserve to Mineral Exploration

Published: Aug 29, 2017 11:32

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Brazilian government decided to revise its mining law, opening its vast national reserve to commercial mineral exploration, drawing criticism from environmentalists and political opponents.

SHANGHAI, Aug. 29 (SMM) – Brazilian government decided to revise its mining law, opening its vast national reserve to commercial mineral exploration, drawing criticism from environmentalists and political opponents.

The National Reserve of Copper and Associates (Renca) is rich in gold, copper, iron, tantalum, nickel, manganese and other minerals.

At present, more than 20 firms have shown intention in exploration in the area.

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