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Mining in Brazil: New Government Aims to Spur Investment

Mining in Brazil: New Government Aims to Spur Investment

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Things are looking up for Brazil's mining industry. Iron ore and other metal prices have risen in 2016 and a level of stability is returning to the country now that Michel Temer has officially taken over the presidency. The new government is keen to reform the mining framework and in the meantime, attract investment with bidding processes - a new way of doing things in the country's mining sector. Near term challenges include the outcry over last year's Samarco tailings dam disaster and possible relapses in prices, particularly for iron ore.

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