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New legislation opens up mining sector

机译:新法规开放采矿业

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Brazil's mining sector is expected to be I fully opened up to foreign capital investment by July following May's vote in the country's Chamber of Deputies to abolish the distinction between Brazilian companies of national and of foreign capital, as had been included in the country's 1988 Constitution. The changes, if passed, should give a particular boost to the industrial minerals' sector, which fell on quiet times during the recession of the late 1980s. According to Elmer Prata Salomao, director general of the country's national mining dept (DNPM), industrial minerals is the mining sector expected to grow most quickly over the next few years. This is because its fortunes are directly linked to industrial growth, which has reached 10 percent in the first-half of 1995, following the launch of Brazil's new currency, the Real, and the economic stabilisation plan in the second-half of 1994.
机译:继5月在巴西众议院投票表决废除巴西本国公司与外国公司之间的区别之后,巴西的采矿业有望在7月前完全向外国投资开放,这已纳入1988年《宪法》。这些变化如果获得通过,将特别促进工业矿物部门的发展,该部门在1980年代后期的衰退期间处于平静时期。该国国家矿业部(DNPM)局长Elmer Prata Salomao表示,工业矿物是未来几年增长最快的矿业部门。这是因为其命运与工业增长直接相关,在巴西新货币雷亚尔推出后以及1995年下半年实行经济稳定计划之后,工业增长在1995年上半年已达到10%。

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