President Michel Temer's defiant decision to open the areas of Amapá and Pará, which is
believed to be a significant resource of
gold, copper, iron
ore and other minerals, has angered environmentalists in particular, who say the area is abounding in biodiversity and is home to myriad species that have yet to be studied.
Gold, iron
ore and oil prices are seeing a rebound at the moment with many analysts
believing that commodity prices have «bottomed out» and are eyeing gains, but Goldman Sachs has issued a warning on the current surge in commodities arguing that it is «not sustainable.»