Mining Law Studies

05/07/2023

Chapter: Blocking Areas for the Purposes of Research and Mining of Mineral Resources Chapter Author Book description: Driven by the change in demand for natural resources resulting from the shift in the global economic axis towards the so-called emerging countries, Brazilian mining experienced growth exponential in the last decade. Huge investments in research and opening new exploration frontiers, as well as in the constant improvement of extraction and processing processes, have allowed the growth of production of various mineral commodities. The sector also signals significant investments for the coming years, even in the face of an economic scenario that brings many uncertainties. The significant investments made by the mineral sector reinforced its already prominent presence in the national economy. The Informe Mineral bulletin from July to December 2011, prepared by the National Department of Mineral Production (DNPM), indicates that the mineral sector presented a relevant growth in production, contributing — in an even stronger way — to the balance of the Brazilian trade balance and to the growth of the country's employment level. It should also be noted that commodities, contrary to what conventional wisdom advocates, carry a high technological content, as, to meet increasingly sophisticated international demands, mining invests heavily in specialized services and processing equipment. latest generation that enable the production of mineral goods to the quality and cost standards required by customers. A complex chain of suppliers of equipment and services is then formed around mining. It should be noted that all this growth in the sector was guided by sustainability. At the same time, it is not possible to conceive of the development of economic activities that have financial returns as their sole objective. Nowadays, entrepreneurship takes on new contours and new dimensions.

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