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Belo Sun Receives Ruling From Federal Court of Altamira, Para
The court suspended the license pending an Indigenous Component Study and consultation, citing technical opinions from Brazil’s National Indigenous Peoples Foundation and the Public Prosecutor's Office.
- On Jan. 14, 2026, the Federal Court of Altamira denied Belo Sun Mining Corp.'s request for provisional compliance and suspended the Construction License, citing FUNAI and the Federal Public Prosecutor's Office.
- The Company described the ruling as another procedural step and said it had anticipated this outcome as one possible scenario while reaffirming commitment to full compliance with regulators and stakeholders.
- The Company says prior regional rulings support its position and will evaluate and pursue all appropriate legal remedies, subject to legal advisers, intending to appeal to the Federal Regional Court.
- Company filings state the ruling affects permit status and timelines and forward-looking information covers the court ruling, appeal plans, and risks that could cause actual results to differ materially.
- The Company, which trades as BSX and BSXGF, noted its 100% ownership of Volta Grande and said `Belo Sun believes that the Court's interpretation differs from the requirements originally established by the relevant authorities`.
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11 Articles
11 Articles
Coverage Details
Total News Sources11
Leaning Left8Leaning Right2Center1Last UpdatedBias Distribution73% Left
Bias Distribution
- 73% of the sources lean Left
73% Left
L 73%
R 18%
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