...Thank you to give us the opportunity to comment and give our point of view about this report.

As we have already mentioned it to the NGO who has published it, we refute the findings of it.

The extractive industry throughout the world has an economic and social utility, as minerals and metals are used in the production of capital and consumer goods and the recycling that can be made of them does not cover the needs of our economies. However, environmental impacts and social services can be critical if they are poorly managed. For this purpose, there are very strict regulations issued by the ICMM (International Council on Minings and Metal, the main mining union) in its very significant body of standards and norms.

Major mining groups are normally particularly responsible and concerned to observe good practice, although sometimes tragic accidents can occur given the level of danger inherent in the activity.

Credit Agricole CIB is cofounder of the Equator Principles...These standards are the most demanding environmental and social standard in the world. The Equator Principles require, inter alia, the consent of indigenous peoples affected by a project, where appropriate. As far as we know, the relaxation of Brazilian legislation is a speculation...