18:27:08 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Belo Sun Mining Corp
Symbol BSX
Shares Issued 455,055,248
Close 2023-12-29 C$ 0.05
Market Cap C$ 22,752,762
Recent Sedar Documents

Globe says Belo Sun under fire for Amazon activities

2024-01-02 06:34 ET - In the News

The Globe and Mail reports in its Saturday edition that indigenous leaders and environmental advocates have launched a co-ordinated campaign drawing attention to Canadian companies operating in the Amazon region and raising questions about their environmental and human rights record. The Globe's Tavia Grant writes that Lorena Curuaia, a member of the delegation and part of the Iawa community in northern Brazil, told The Globe that Canada is not fulfilling its obligations to ensure indigenous rights are respected and the environment protected when it comes to oversight of its companies abroad. Although the submission targets 11 Canadian-led projects in countries including Ecuador, Colombia and Peru, Ms. Curuaia's complaints centre on one Toronto company and its plans to build a large open-pit gold mine in Brazil. Licensing for Belo Sun Mining's Volta Grande project has hit roadblocks by Brazilian authorities. Ms. Curuaia says her village has not been consulted on the project. Belo Sun's Peter Tagliamonte said in a statement the company has been the target of "unfounded allegations that ignore the facts" and that it is committed to protecting the environment and respecting the rights of local indigenous communities.

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