The agreement will allow the ANM and the RFB to exchange information that may be for the “mutual benefit” of both agencies.
According to the RFB, the agreement will provide a “great leap in the intelligence and effectiveness of the mining royalties (“CFEM”) inspection actions”, as data will be cross-checked between the two agencies.
Moreover, the RFB expects that this will provide an improvement in the quality of statistical data gathered, which will lead to greater efficiency in ANM’s regulatory role.
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Last modified: November 12, 2019