Replies to post #3401 on The Rising Influence of Rising Affluence

[DewDiligence]

Brazilian mining official forecasts royalty increase 2%-->4%:

http://www.reuters.com/article/2011/09/06/brazil-mining-idUSN1E78514720110906

This is a manageable increase for VALE, but perhaps not for some of the smaller mining companies in Brazil.