It was published on the Official Gazette on December 19th, 2014,
the Ordinance no. 541/2014, issued by the Head Director of the
National Department of Mineral Production (DNPM). The new Ordinance
establishes several new proceedings to be adopted by the mining
companies before Brazilian Authorities, and changes several
previous regulations, such as assignment of mining rights, issuance
of permits for temporary extraction (Guia de
Utilização – "GU") and the clearance
of encumbered areas available for new miners, among others. The
Ordinance will be enforceable on February 2nd, 2015 and will be
valid for the proceedings already ongoing before DNPM, in
accordance to their stages.
One of the main changes is related to the requirements for
assignment of mining rights. From February on, the approval and
annotation of the assignment before DNPM will be conditioned to the
non-existence of outstanding debts inscription in regard to the
Financial Compensation for Exploitating
