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Lula win in Brazil unclear on mining

The election of Lula da Silva as Brazilian President was welcomed by environmentalists and the Left, but it is not clear what it means for mining.

Lula win in Brazil unclear on mining Lula win in Brazil unclear on mining Lula win in Brazil unclear on mining Lula win in Brazil unclear on mining Lula win in Brazil unclear on mining

Ricardo Stuckert / Presidência da República., CC BY 3.0 BR , via Wikimedia Commons

Lula has previously hinted at an increase in mining royalty tax for some operations, but hasn't gone further than saying that it would be aimed at "high value" operations.