IBOV 178,000.24 — 0.00% IPSA 11,049.81 ▲ 0.30% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,274,443 ▼ 0.51% COLCAP 2,384.67 ▼ 0.31% BVL PERÚ 57,378.30 — — USD/BRL5.09▲ 0.29% USD/MXN17.32▲ 0.06% USD/CLP925.12▼ 0.64% USD/COP3,230▲ 0.84% USD/PEN3.38▼ 0.28% USD/ARS1,494▲ 0.57% USD/UYU40.27▲ 0.17% USD/PYG5,936▲ 0.08% USD/BOB12.07▼ 0.25% USD/DOP58.00▲ 0.02% USD/CRC448.42— 0.00% USD/GTQ7.62▼ 0.08% USD/HNL26.78▲ 0.07% USD/NIO 36.62 — 0.00% USD/VES746.91▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD158.01▲ 0.52% USD/TTD6.74▲ 0.40% EUR/BRL5.86▼ 0.09% BRENT 83.58 ▼ 7.26% WTI 80.00 ▼ 5.52% IRON ORE 161.91 — — COPPER 6.54 ▲ 1.62% GOLD 4,108 ▲ 1.44% SILVER 58.30 ▲ 1.23% SOY 1,192 ▲ 1.73% CORN 473.00 ▲ 7.32% WHEAT 651.50 ▲ 1.92% COFFEE 321.15 ▼ 3.30% SUGAR 15.01 ▲ 2.39% ORANGE JUICE 159.20 ▲ 2.74% COTTON 81.39 ▲ 1.11% COCOA 5,903 ▲ 9.38% BEEF 227.03 ▼ 2.04% CATTLE 343.00 ▼ 1.44% LITHIUM 69.41 ▲ 0.27% PETR4 43.05 ▼ 0.85% VALE3 74.64 ▼ 2.15% ITUB4 43.17 ▲ 0.70% BBDC4 18.55 ▲ 0.76% ABEV3 15.77 ▼ 1.38% BBAS3 21.27 ▼ 0.37% B3SA3 15.62 ▼ 0.70% WEGE3 48.20 ▲ 2.12% PRIO3 58.50 ▼ 3.86% SUZB3 43.10 ▼ 0.51% RENT3 38.10 ▲ 1.30% AZZA3 16.23 ▼ 1.16% CSAN3 4.10 ▲ 0.74% RAIZ4 0.26 — 0.00% PCAR3 2.75 ▲ 6.18% GMAT3 3.97 ▼ 1.49% PSSA3 54.00 ▼ 0.64% CVCB3 1.44 ▲ 9.92% POSI3 3.51 ▼ 1.13% SLCE3 13.35 ▼ 0.22% NATU3 8.50 ▲ 2.04% BRKM5 5.96 ▼ 0.17% RANI3 8.42 ▲ 3.82% CSNA3 4.51 ▼ 8.89% CMIN3 5.73 ▲ 0.35% USIM5 7.56 ▲ 2.72% GGBR4 25.63 ▲ 2.60% ENEV3 26.75 ▲ 1.67% CPFE3 46.11 ▲ 0.04% CMIG4 11.28 ▼ 0.53% EQTL3 38.89 ▲ 0.59% LREN3 13.85 ▲ 1.84% VIVT3 32.30 ▼ 1.01% RAIL3 14.16 ▼ 1.94% KLABIN 18.24 ▼ 0.05% RAIA DROGASIL 18.85 ▲ 2.00% RDOR3 34.06 ▼ 1.67% HAPV3 11.91 ▲ 5.59% FLRY3 17.27 ▲ 0.76% SMTO3 14.38 ▼ 0.96% UGPA3 33.10 ▲ 0.15% VBBR3 36.13 ▲ 1.40% BBSE3 41.36 ▲ 0.24% BPAC11 57.12 ▲ 0.56% CURY3 31.45 ▲ 4.52% AERI3 2.15 — 0.00% VIVARA 22.84 ▲ 2.98% COMPASS 25.10 ▲ 1.05% VAMOS 3.26 ▼ 2.40% SANB11 28.93 ▲ 1.08% ASAI3 8.55 ▲ 1.66% SBSP3 27.57 ▼ 0.47% WALMEX 49.94 ▼ 0.62% GMEXICO 211.62 ▲ 1.88% FEMSA 217.81 ▼ 1.64% CEMEX 20.60 ▲ 0.44% GFNORTE 198.18 ▼ 1.20% BIMBO 61.16 ▼ 1.29% TELEVISA 9.67 ▼ 1.43% AMX 21.68 ▼ 1.77% GAP 377.50 ▲ 0.26% ASUR 278.60 ▲ 1.08% OMA 230.90 ▼ 0.19% KOF 185.35 ▼ 1.02% GRUMA 263.20 ▲ 1.92% KIMBER 40.01 ▼ 0.47% SQM-B 61,910 ▼ 1.26% COPEC 6,342 ▼ 0.13% BSANTANDER 80.44 ▼ 0.68% FALABELLA 6,384 ▲ 2.70% ENELAM 87.00 ▼ 1.13% CENCOSUD 1,955 ▲ 0.01% CMPC 1,050 ▼ 0.47% BANCO CHILE 192.48 ▼ 0.64% LATAM AIR 25.25 ▲ 2.06% YPF 8,080 ▼ 2.53% GGAL 7,980 ▲ 1.25% PAMPA 5,505 ▼ 0.90% TXAR 654.50 ▲ 1.00% ALUAR 966.50 ▼ 1.13% TGS 9,890 ▼ 1.59% CEPU 2,370 ▼ 1.09% MIRGOR 1,680 ▼ 89.72% COME 43.19 ▼ 1.91% LOMA NEGRA 3,588 ▼ 0.90% BYMA 293.25 ▼ 0.76% TELECOM ARG 4,380 ▼ 0.62% ECOPETROL 16.60 ▼ 1.01% BANCOLOMBIA 91.07 ▼ 1.57% GRUPO AVAL 5.24 ▼ 0.76% CREDICORP 395.79 ▼ 1.20% SOUTHERN COPPER 185.91 ▲ 1.75% BUENAVENTURA 30.47 ▲ 0.63% MERCADOLIBRE 1,899 ▲ 1.11% NUBANK 14.44 ▲ 0.77% XP 17.03 ▼ 0.18% PAGSEGURO 9.60 ▼ 0.41% STONE 11.35 ▼ 0.22% GLOBANT 37.14 ▲ 1.48% TECNOGLASS 46.76 ▲ 7.64% GAP 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4,108 ▲ 1.44% SILVER 58.30 ▲ 1.23% SOY 1,192 ▲ 1.73% CORN 473.00 ▲ 7.32% WHEAT 651.50 ▲ 1.92% COFFEE 321.15 ▼ 3.30% SUGAR 15.01 ▲ 2.39% ORANGE JUICE 159.20 ▲ 2.74% COTTON 81.39 ▲ 1.11% COCOA 5,903 ▲ 9.38% BEEF 227.03 ▼ 2.04% CATTLE 343.00 ▼ 1.44% LITHIUM 69.41 ▲ 0.27% PETR4 43.05 ▼ 0.85% VALE3 74.64 ▼ 2.15% ITUB4 43.17 ▲ 0.70% BBDC4 18.55 ▲ 0.76% ABEV3 15.77 ▼ 1.38% BBAS3 21.27 ▼ 0.37% B3SA3 15.62 ▼ 0.70% WEGE3 48.20 ▲ 2.12% PRIO3 58.50 ▼ 3.86% SUZB3 43.10 ▼ 0.51% RENT3 38.10 ▲ 1.30% AZZA3 16.23 ▼ 1.16% CSAN3 4.10 ▲ 0.74% RAIZ4 0.26 — 0.00% PCAR3 2.75 ▲ 6.18% GMAT3 3.97 ▼ 1.49% PSSA3 54.00 ▼ 0.64% CVCB3 1.44 ▲ 9.92% POSI3 3.51 ▼ 1.13% SLCE3 13.35 ▼ 0.22% NATU3 8.50 ▲ 2.04% BRKM5 5.96 ▼ 0.17% RANI3 8.42 ▲ 3.82% CSNA3 4.51 ▼ 8.89% CMIN3 5.73 ▲ 0.35% USIM5 7.56 ▲ 2.72% GGBR4 25.63 ▲ 2.60% ENEV3 26.75 ▲ 1.67% CPFE3 46.11 ▲ 0.04% CMIG4 11.28 ▼ 0.53% EQTL3 38.89 ▲ 0.59% LREN3 13.85 ▲ 1.84% VIVT3 32.30 ▼ 1.01% RAIL3 14.16 ▼ 1.94% KLABIN 18.24 ▼ 0.05% RAIA DROGASIL 18.85 ▲ 2.00% RDOR3 34.06 ▼ 1.67% HAPV3 11.91 ▲ 5.59% FLRY3 17.27 ▲ 0.76% SMTO3 14.38 ▼ 0.96% UGPA3 33.10 ▲ 0.15% VBBR3 36.13 ▲ 1.40% BBSE3 41.36 ▲ 0.24% BPAC11 57.12 ▲ 0.56% CURY3 31.45 ▲ 4.52% AERI3 2.15 — 0.00% VIVARA 22.84 ▲ 2.98% COMPASS 25.10 ▲ 1.05% VAMOS 3.26 ▼ 2.40% SANB11 28.93 ▲ 1.08% ASAI3 8.55 ▲ 1.66% SBSP3 27.57 ▼ 0.47% WALMEX 49.94 ▼ 0.62% GMEXICO 211.62 ▲ 1.88% FEMSA 217.81 ▼ 1.64% CEMEX 20.60 ▲ 0.44% GFNORTE 198.18 ▼ 1.20% BIMBO 61.16 ▼ 1.29% TELEVISA 9.67 ▼ 1.43% AMX 21.68 ▼ 1.77% GAP 377.50 ▲ 0.26% ASUR 278.60 ▲ 1.08% OMA 230.90 ▼ 0.19% KOF 185.35 ▼ 1.02% GRUMA 263.20 ▲ 1.92% KIMBER 40.01 ▼ 0.47% SQM-B 61,910 ▼ 1.26% COPEC 6,342 ▼ 0.13% BSANTANDER 80.44 ▼ 0.68% FALABELLA 6,384 ▲ 2.70% ENELAM 87.00 ▼ 1.13% CENCOSUD 1,955 ▲ 0.01% CMPC 1,050 ▼ 0.47% BANCO CHILE 192.48 ▼ 0.64% LATAM AIR 25.25 ▲ 2.06% YPF 8,080 ▼ 2.53% GGAL 7,980 ▲ 1.25% PAMPA 5,505 ▼ 0.90% TXAR 654.50 ▲ 1.00% ALUAR 966.50 ▼ 1.13% TGS 9,890 ▼ 1.59% CEPU 2,370 ▼ 1.09% MIRGOR 1,680 ▼ 89.72% COME 43.19 ▼ 1.91% LOMA NEGRA 3,588 ▼ 0.90% 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Minister Says Federal Government Will Regulate Mining on Indigenous Land

By · September 4, 2019 · 3 min read

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RIO DE JANEIRO, BRAZIL – Onyx Lorenzoni, the Presidential Chief of Staff, announced that the federal government should begin to regulate mining on indigenous lands, an activity that is provided for in the Federal Constitution, but which has never been standardized. The minister said that the government should announce a “structured and structuring” plan for the region within ten days.

Onyx Lorenzoni, the Presidential Chief of Staff.
Onyx Lorenzoni, the Brazilian Presidential Chief of Staff. (Photo: internet reproduction)
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The statement was made during a press conference in Manaus on Tuesday morning, September 3rd, after the second day of the interministerial meeting of Bolsonaro’s government with the governors of the Legal Amazon. The first meeting took place in Belém, Pará, on Monday. Lorenzoni said the measure was part of the discussions and demands that emerged from meetings with the governors of the Amazon.

Other proposals submitted in the two days of talks were: to extend for another month the GLO (Guarantee of Law and Order) – joint action of the Armed Forces and state governments created to fight fire outbreaks; do land regularization and define the ecological-economic zoning in the region.

“Anyone who wants to stay at the bottom of the reservation is entitled to do so. Now, whoever wants to roll up their sleeves, put their feet and hands on the ground and produce, let them be given this right. In fact, it is in the Brazilian Constitution, in articles 231 and 176, if I remember correctly, that in 30 years it has not been regulated and this is something that we discuss with the governors and we will work on it,” said the minister.

The paragraphs in this article provide, among other measures, that private owners explore minerals upon authorization from the Union.
The paragraphs in Article 176 in the Constitution provide, among other measures, that private owners can explore minerals upon authorization from the federal government. (Photo: internet reproduction)

Article 176 in the Constitution deals with subsoil deposits and other mineral resources for the purpose of exploitation. The paragraphs in this article provide, among other measures, that private owners can explore minerals upon authorization from the federal government. The article also establishes that, in border areas and indigenous lands, specific conditions for the development of this type of activity shall be laid down by statute.

Article 231 deals with the acknowledgment of the right of indigenous peoples to demarcate territories they have traditionally occupied. The same paragraph provides that lands permanently owned by indigenous peoples guarantee these populations “exclusive use of soil wealth”. The exploitation of mineral wealth on indigenous lands is conditioned, in this article, upon congressional authorization and a hearing of the affected communities.

“Is it fair that the indigenous populations cannot make use of the riches of the soil? Is it fair that the indigenous populations cannot plant as some populations of Mato Grosso have done with excellent results? Those tribes are happy because they have had economic results. They will be able to wear better clothes, they will provide better living conditions for their children,” said the minister.

Onyx criticized the approach given to indigenous populations by those who “are on the other side”. “Or is it desirable, for the other side, to keep the indigenous people in poverty, and dependency? No. Brazil is a land of opportunity for all,” he said.

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