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Highlights of the week

In a new chapter of the regulatory modernization of the mining sector in Brazil, the government published yesterday (June 14), Decree No. 9,406/2018 and Decree No. 9,407/2018, through which, respectively, (i) new regulation for the Mining Code, repealing Decree No. 62,934/1968, have been created, and (ii) the transfer of the CFEM (Financial Compensation for the Exploration of Mineral Resources) to municipalities affected by the mining activity has been approved.
In May, the government issued Decree No. 9,048/2017, which amended Decree No. 8,033/2013, thereby introducing substantial changes to the system applicable to public and private port terminals. The objective is to increase private investment and give greater flexibility to port operations.
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