Some of our directors are very busy. Easy to see here an...

Some of our directors are very busy. Easy to see here an indication of LA's positioning in Brazil mining industry.

"Attorney Luis Azevedo says that one of the strengths of the new mining code is the possibility of the National Mining to arbitrage between surface owners and miners. This will be one of the themes of free event organized by FGV in Belo Horizonte on 18. The event will include the participation of lawyers specializing in mining right.

Luis Azevedo, a lawyer specialized in mineral rights
disputes between surface rights and mining companies often end up in court and be tried by ordinary people with little technical knowledge on the subject. The new regulatory framework for mining can solve this by giving powers to the National Mining, according to attorney Luis Azevedo MF. He will be a speaker at the event "The New Regulatory Mining" organized by the Fundação Getúlio Vargas, in Belo Horizonte. Marked for the next day 18, the free event will include the participation of lawyers specializing in mining right who will make presentations on various issues related to the new milestone. Attorney Luis Azevedo MF, expert Mining Law, will present a lecture entitled "Effects of the New Regulatory Framework in Mining Sector Companies". He said the bill has positive and negative points that should be discussed. According to Azevedo, who is a member of the boards of mining Talon, Brazilian Gold, Advancement and Paringa, among the most critical points are the prices of commodities, which can bend. "Some prices are really low, but some may have the power to cripple the industry," warned the lawyer. He believes that if the Financial Compensation for Exploiting Mineral Resources (CFEM) gold increases, it can generate the "misappropriation" of gold, ie, lead to smuggling, as with gems. Regarding iron ore, Azevedo argues that increased collection can work for larger companies with projects with higher levels, but for small companies or whose capital investment is very large, it can harm the company. lawyer also warns against time to be required for the approval of the law and the normalization of releases concessions. He believes that the new code should not be approved on an emergency basis, as the large number of amendments proposed by MEPs. "There were over 370 amendments and this proves that many people still want to discuss it," he says. Azevedo acknowledges that the proposal has positives landmark. One of them concerns the landowner. He explains that, according to the new proposal, when there is no agreement between the landowner and the company rather than the case be referred to the ordinary courts, the regulatory agency itself can assume the role of referee. According to the lawyer, to have a judge with more technical knowledge on the subject will make the causes are refereed more fairly. "It will be better for the miners, no doubt, and also for the surface land, as it will have a referee who knows more about the subject," he explains. The lawyer said, as much as the judges of the common law have technical advice on the causes, often do not have the expert knowledge in the area. The event will take place, starting at 19 am, IBS / FGV, Avenida Prudente de Morais , 444, Garden City, in Belo Horizonte. Entries are free and limited spaces. Information on telephone (31) 2122-3204 or by email [email protected]. The event has the support of the Fundação Getúlio Vargas, the Brazilian Association of Mineral Research (ABPM) and Site News Mining Brazil (NMB)."

from http://www.noticiasdemineracao.com/storyview.asp?storyid=798533192§ionsource=s&highlight=avanco