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Article

22 Nov 2013

Author:
BNamericas

Pará state's environmental authority says Belo Sun will cause no direct impact on indigenous lands [Brazil]

Brazilian Pará state environmental authority (Sema) believes that Toronto-based Belo Sun Mining's (TSX: BSX) Volta Grande project will not directly impact indigenous lands, a company press official told BNamericas. On November 20, a federal judge decided to suspend the project's licensing process until the company completes studies on nearly indigenous tribes. Belo Sun has said it will take all applicable legal measures to appeal the decision and defend the validity and legality of the licensing process…Volta Grande is not on indigenous land, it is not located in a federally protected area and is not being developed in more than one state, Belo Sun said…Regarding a possible infringement of the ILO Convention 169, Belo Sun said it was not relevant…The Volta Grande open-pit project is slated to start operating in 2016 and become Brazil's largest gold mine…