CLICK TO WATCH : ‘ JAGUAR MINING IN BRAZIL ’ S IRON QUADRANGLE ’ 43 dent this new approach can succeed ?
“ Change is welcome because the ANM will have more funding to attract a better quality of professional to look after the sector and remove bureaucracy so the processes of awarding mineral titles and tenements can start flowing again ,” he says . “ The biggest frustration is permitting taking too long . Added environmental restrictions make it difficult to raise money in the junior sector based on this uncertainty .”
Brazil plans to auction off 20,000 areas for mining exploration during the first half of 2019 , representing a great opportunity for serious explorers , but the ANM will need to address long standing issues , says Hill . “ The management of mining and exploration within the so-called border zone , which to date has sterilised some 20 % of Brazil ’ s prospective surface area , allowing exploration in Indigenous Reserves supported by law , has never been implemented ,” he explains . Hill argues that regulating the informal mining sector , resolving the copper reserve issue and removing the backlog of tenement applications and reports awaiting decisions by utilising a transparent
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