Question

why is the development of mining activity limited in Brazil ​

Answer 1

Answer:

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Mining has also historically been an important sector of the Brazilian economy. In recent years, however, the sector has struggled owing to the expectation of a bill of law (5,807/2013) that rose from a government proposal to introduce new mineral regulations in Brazil in 2013, which caused many companies to delay their investment decisions until further clarity was obtained about the changes. However, macro- and microeconomic circumstances in recent years have resulted in a rise in investment opportunities for investors looking for mining assets, owing to fluctuations in the Brazilian currency that substantially increased the value of the US dollar in relation to the real.

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