IBOV 171,324.31 ▼ 0.43% IPC MEX 71,674.32 ▼ 0.46% MERVAL 2,848,945 — — USD/BRL5.64▲ 1.06% USD/MXN18.59▼ 0.08% USD/CLP994.00▲ 1.14% USD/COP3,302▼ 0.16% USD/PEN3.41▼ 0.06% USD/ARS1,545▲ 0.03% USD/UYU40.52▲ 3.32% USD/PYG6,185▲ 3.33% USD/BOB11.60▲ 0.86% USD/DOP 60.45 — 0.00% USD/CRC445.25▲ 1.62% USD/GTQ7.65▲ 3.31% USD/HNL26.90▲ 3.30% USD/NIO36.62▲ 2.73% USD/VES909.35▲ 0.67% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.09▲ 2.15% USD/TTD6.71▲ 2.19% EUR/BRL6.23▲ 0.06% BRENT 95.55 ▲ 3.01% WTI 88.37 ▲ 2.13% IRON ORE 161.91 — — COPPER 6.20 ▼ 1.16% GOLD 3,888 ▼ 2.80% SILVER 50.04 ▼ 3.55% SOY 1,220 ▼ 0.77% CORN 442.25 ▼ 1.28% WHEAT 582.50 ▼ 2.84% COFFEE 275.10 ▲ 2.27% SUGAR 18.22 ▼ 1.41% ORANGE JUICE 140.60 ▼ 0.25% COTTON 78.56 ▲ 0.05% COCOA 5,187 ▲ 5.71% BEEF 223.05 ▲ 1.86% CATTLE 331.80 ▼ 0.25% LITHIUM 59.43 ▼ 2.69% PETR4 44.70 ▲ 2.64% VALE3 63.95 ▼ 0.75% ITUB4 41.68 ▼ 0.10% BBDC4 14.32 ▼ 0.07% ABEV3 15.75 ▼ 0.63% BBAS3 15.48 ▼ 8.35% B3SA3 14.76 ▼ 0.27% WEGE3 51.65 ▲ 0.08% PRIO3 63.30 ▲ 2.98% SUZB3 56.04 ▲ 4.16% RENT3 29.58 ▼ 2.18% AZZA3 16.90 ▲ 9.95% CSAN3 2.85 ▼ 5.94% RAIZ4 0.30 ▼ 98.60% PCAR3 2.39 ▼ 5.91% GMAT3 3.84 ▼ 5.88% PSSA3 45.94 ▼ 0.09% CVCB3 0.84 ▼ 2.33% POSI3 3.37 ▲ 1.51% SLCE3 18.36 ▲ 7.68% NATU3 5.33 ▼ 5.16% BRKM5 3.07 ▲ 5.14% RANI3 8.18 ▼ 2.50% CSNA3 4.23 ▼ 6.42% IBOV 171,324.31 ▼ 0.43% IPC MEX 71,674.32 ▼ 0.46% MERVAL 2,848,945 — — USD/BRL 5.65 ▲ 1.12% USD/MXN 18.59 ▼ 0.07% USD/CLP 994.00 ▲ 1.14% USD/COP 3,302 ▼ 0.16% USD/PEN 3.41 ▼ 0.06% USD/ARS 1,545 ▲ 0.03% USD/UYU 40.52 ▲ 3.32% USD/PYG 6,185 ▲ 3.33% USD/BOB 11.60 ▲ 0.86% USD/DOP 60.45 — 0.00% USD/CRC 445.25 ▲ 1.62% USD/GTQ 7.65 ▲ 3.31% USD/HNL 26.90 ▲ 3.30% USD/NIO 36.62 ▲ 2.73% USD/VES 902.19 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.09 ▲ 2.15% USD/TTD 6.71 ▲ 2.19% EUR/BRL 6.25 ▲ 0.26% BRENT 95.55 ▲ 3.01% WTI 88.37 ▲ 2.13% IRON ORE 161.91 — — COPPER 6.20 ▼ 1.16% GOLD 3,888 ▼ 2.80% SILVER 50.04 ▼ 3.55% SOY 1,220 ▼ 0.77% CORN 442.25 ▼ 1.28% WHEAT 582.50 ▼ 2.84% COFFEE 275.10 ▲ 2.27% SUGAR 18.22 ▼ 1.41% ORANGE JUICE 140.60 ▼ 0.25% COTTON 78.56 ▲ 0.05% COCOA 5,187 ▲ 5.71% BEEF 223.05 ▲ 1.86% CATTLE 331.80 ▼ 0.25% LITHIUM 59.43 ▼ 2.69% PETR4 44.70 ▲ 2.64% VALE3 63.95 ▼ 0.75% ITUB4 41.68 ▼ 0.10% BBDC4 14.32 ▼ 0.07% ABEV3 15.75 ▼ 0.63% BBAS3 15.48 ▼ 8.35% B3SA3 14.76 ▼ 0.27% WEGE3 51.65 ▲ 0.08% PRIO3 63.30 ▲ 2.98% SUZB3 56.04 ▲ 4.16% RENT3 29.58 ▼ 2.18% AZZA3 16.90 ▲ 9.95% CSAN3 2.85 ▼ 5.94% RAIZ4 0.30 ▼ 98.60% PCAR3 2.39 ▼ 5.91% GMAT3 3.84 ▼ 5.88% PSSA3 45.94 ▼ 0.09% CVCB3 0.84 ▼ 2.33% POSI3 3.37 ▲ 1.51% SLCE3 18.36 ▲ 7.68% NATU3 5.33 ▼ 5.16% BRKM5 3.07 ▲ 5.14% RANI3 8.18 ▼ 2.50% CSNA3 4.23 ▼ 6.42%
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Friday, November 13, 2026

Government Bill Would Permit Extensive Economic Exploitation on Indigenous Lands

By · · 3 min read
Government Bill Would Permit Extensive Economic Exploitation on Indigenous Lands

RIO DE JANEIRO, BRAZIL – The federal government is finalizing a bill to be submitted to Congress that provides for the exploitation of indigenous lands, one of President Jair Bolsonaro’s campaign pledges.

According to Globo, the proposal authorizes not only mining in these areas, but is much broader: it provides for the possibility of construction of hydroelectric plants, oil and gas exploration, in addition to allowing “the exercise of economic activities by Indians on their lands, such as agriculture, livestock, extraction, and tourism”.

In the case of agriculture, the government’s proposal also enables the cultivation of genetically modified organisms.

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Brazil’s 1988 Constitution authorizes mineral exploration on indigenous lands as long as it is regulated by law. However, Congress has never voted on a statute, which has prevented legalized mining in these areas, some known to harbor precious metals reserves, like gold.

The government text states that indigenous people will always be consulted, but will not have the power to veto activities. They will be compensated financially for economic exploitation.

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According to the Constitution, the exploitation of indigenous lands “can only be carried out with the authorization of the National Congress, listening to the affected communities, and they will be guaranteed participation in the results of the exploitation”.

Spread of illegal mines in the Amazon region in 2019
Extension of illegal mines in the Amazon region in 2019.
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The justification for the proposal was sent to the Planalto Palace by the ministers of Mines and Energy, Bento Albuquerque, and Justice, Sérgio Moro.

In the text, they advocate that the non-regulation of the activity “entails harmful consequences for the country,” such as non-payment of financial compensations and taxes; absence of inspection of the use of mineral and water resources; risks to life, health, customs and traditions of indigenous peoples; and conflicts between entrepreneurs and indigenous peoples.

The government’s proposal for mining in areas occupied by indigenous people has faced resistance, amid environmentalists’ concerns and fears over the measure’s international repercussion.

Chamber president Rodrigo Maia said last year that he would not captain projects that make mining on indigenous land more flexible. At the time, Maia said his intention was to signal to the international community that the country is concerned about the environment and native peoples.

The text allows ‘garimpos’ (placer mines) on indigenous lands, exclusively in zones previously defined by the National Mining Agency (ANM). In this case, however, the consent of the affected indigenous communities will be required.

This is what illegal mines in the Amazon look like up close.
This is what illegal mines in the Amazon look like up close.

Today, there are 462 regularized indigenous lands, representing 12 percent of the national territory. The presence of illegal mines in some of them is well-known by the authorities. This is the case with the irregular exploitation of diamonds in Rondônia, and of gold in Yanomami areas, in Roraima.

In the case of the electricity sector, of the total hydroelectric potential set out in the sector planning, 39 percent is located in areas overlapping between indigenous lands and conversion units, according to data from the Ministry of Mines and Energy.

The bill provides for payment of compensation to Indians for the exploration of their areas. This will be 0.7 percent of the value of the electric energy produced; from 0.5 percent to one percent of the production of oil or natural gas; and half of the value of Financial Compensation for Exploration of Mineral Resources (CFEM) – the figure varies in terms of minerals; for gold, for instance, the rate today is one percent.

Source: Globo

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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