MBN 0.00% 8.3¢ mirabela nickel limited

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    With return from Mirabela, Ipiaú may receive financial compensation for mining impacts

    MIRABELA WILL RETURN ACTIVITIES IN 2019. Foto divulgação Mirabela
    After the news received by the report of Amarelinho News and confirmed by the radio station Amarelinho in the Journal General Approach in Ubatã FM, about the resumption of the exploration of Santa Rita Mine ( remember ) . The information was reinforced by the current Administrative and Financial Director of the Baiana Company of Mineral Research (CBPM), Wesley Faustino during the interview on Thursday (21) in the radio programs, Amarelinho Notícias at FM Ipiaú ( See the article ) and in the Focus General at Ubatã FM ( Watch the interview ) .
    According to Wesley Faustino, on Thursday afternoon (21), in addition to the mirabela return, which is great news for the recovery of the region's economy, the "non-producing" municipalities that suffer impact from the mining activity will receive 15% of CFEM.


    Wesley Faustino and the radio station Amarelinho. Photo: Amarelinho News
    "In addition to Itagibá, which is located the mine, other municipalities impacted by the mining company will receive royalties, thanks to the decree signed by President Michel Temer, which updates the Mining Code and brings new rules for Financial Compensation for the Exploration of Mineral Resources ), a kind of industry royalties. The decree that deals with the compensation establishes that the municipalities "non-producers", but that undergo impact of the mining activity, receive 15% of the CFEM. Transportation, shipping and the presence of industrial facilities in the territory are examples of impacts that give the right to receive part of CFEM, "said Wesley.
    The municipality of Itagibá will receive most of this tax 60%, other municipalities 15%. "We can not say which of these municipalities will receive this tax. The regiment was not made to inform which cities will receive, and what are the impacts suffered. We know that the city of Ipiaú is the closest city to the Mining Company, receiving all structure and impact. For sure, Ipiau will be on this list, "he concluded.
    The mining company Mirabela do Brasil is living the hope of gaining new management in investments from next year. Production has been suspended since April 2016 due to the international crisis that caused the nickel price to drop from US $ 22,000 to US $ 9, making the venture unfeasible. In negotiation with an English group, it has in the schedule the beginning of the operations fulfilling all the deadlines for January of 2019.
 
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