Colombia always had the potential to become a major mining jurisdiction but the mining sector is now completely frozen. There is a high level of uncertainty due to the governments push to reform the mining code, create a state mining company, and new a environmental decree.
Brazil is an important mining market to suppliers. Over the last year, the project pipeline has grown considerably, a tax reform is being discussed by the government, and there has been interest from exploration companies in the countries hard rock lithium deposits. Check out our latest post outlining the most recent news.
After a long sales cycle, the immediate focus for many mining technology and service providers is simply securing or being awarded the work but intellectual property is business-critical and should be treated as such. Mining Suppliers need to ensure they have well drafted clauses that protect their intellectual property while also often giving them the ability to use the data collected to improve their solutions.
Brazil is an important mining market. The country is one of the five largest mineral producers in the world. Although the country is known for its iron ore operations, it also has production in copper which until now has not received a lot of fanfare. That is set to change with some exciting developments.
In part three of our Brazil series, we cover practical information that companies need to know when hiring staff in Brazil. While many of the labor laws are similar to other parts of the world, there is some key details that will help companies understand how things work in Brazil.
Brazil has unique importation requirements that are used to protect local industry and encourage domestic manufacturing. From licenses to taxes, importations can be difficult to navigate for foreign companies.
Brazil is a great market with many interesting opportunities for foreign companies. It is relatively easy to incorporate a company, but local knowledge and know-how is required for foreign companies to navigate the business and legal aspects properly. Check out our practical guide.
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