Just came across this article in zero hedge dated 15th July. It talks about the government changing rules applicable to mining. The article then talks about the possible winners. here is part of the spill. Americano Mining in Brazil?. the link is below for the full article.
Wealthy Group and Strategic Investors that Added to Their Investments in Brazil in 2018
In recent months there has been an increased activity of successful mining investors deploying capital into Brazil while gold price remains down. These are investors with a proven track record of creating wealth with a longer-term focus than just 3-6 months.
Ross Beatty via Equinox
Sprott and Lundin family in joint investment via Americano Mining
Mitsui investing in Vale - Asked whether Mitsui could buy all of the shareholders’ stake if it were offered as a parcel, Takebe said: “I wouldn’t rule out possibility, but it’s unlikely that we would buy all the shares on sale.” Source: Reuters
Anglo American
Anglo has confirmed to Reuters it had obtained permits covering almost 1.9 million hectares to explore in the Mato Grosso and Para states but said it was too soon to make claims about the project's viability.
Brazil's national mining agency director general Victor Bicca told the wire service it could be a "mega deposit" with similar mineral content to Chile. Source: Mining Journal