BRASILIA – The agreement that the Canadian Belo Sun signed with the incra mining gold in a land reform settlement isn’t the only project the company is targeting in Pará. the Xingu river.
Applications have been submitted over the past few years and are registered in the National Mines Agency (ANM). These are active requests, that is to say procedures awaiting authorization from the federal agency to be carried out.
In addition to the coveted areas of the municipality of Senador José Porfírio (PA), the company is awaiting authorization to open extraction bases in Altamira, Pacajá, Itaituba, Novo Repartimento, Anapu and Vitória do Xingu. The total area required by the company is 195,679 hectares. Exploration is expected to begin just 15 kilometers from one of the Belo Monte dams. Norte Energia, owner of the hydropower plant, avoids broaching the subject, but is not in favor of drilling and explosions in mining projects next to its structure.
Last week reports from state revealed that Incra has agreed to transfer part of a colony that has existed since 1998 in the municipality of Senador José Porfírio, on the banks of the Xingu River and near the Belo Monte hydroelectric power station, for the company to expand its gold exploration project.
In return, Incra will receive 1.3 million reais from the company, a farm in Mato Grosso, two vans and computer equipment. Before the agreement with Incra, Belo Sun illegally bought 21 lots in the region of interest. These lots, however, did not yet have a final title, therefore, they could not be traded.
The public prosecutor at the Federal Court of Accounts (MP-TCU) asked the court to analyze the contract signed between Incra and Belo Sun. .
The government of Pará, which remains silent on the issue so far, has also signed agreements with the Canadian company, to build a gold refinery in the state. In February, Governor Helder Barbalho (MDB) signed a “memorandum of understanding” with six mining companies. Besides Belo Sun, the list includes North Star Participações, Serabi Mineração, Brazauro Mineral Resources, BRI Mineração and Ghana Gold Mineração.
Belo Sun, which has been mobilizing for a decade to explore underground gold in the Xingu, says its Volta Grande project will have a total investment of 1.22 billion reais. The company is controlled by Belo Sun Mining Corp., which is listed on the Toronto Stock Exchange.
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