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Bullboard - Stock Discussion Forum Belo Sun Mining Corp T.BSX

Alternate Symbol(s):  BSXGF

Belo Sun Mining Corp. is a Canada-based mining company with a portfolio of gold-focused properties in Brazil. The Company is focused on the development of the Volta Grande Gold Project. The Volta Grande Gold Project covers over 2,400 hectares within the 'Tres Palmeiras' greenstone belt. The Volta Grande Gold Project is located in Para State, Brazil, approximately 60 km south-east of the city of... see more

TSX:BSX - Post Discussion

Belo Sun Mining Corp > Indigenous Lands Time Frame
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Post by mrleao on Jan 01, 2024 5:21am

Indigenous Lands Time Frame

The president of the Senate, Rodrigo Pacheco, promulgated this Thursday, 28th, the law that imposes the time frame thesis. The legislation defines that, for the demarcation of indigenous lands, there must be proof that the original peoples occupied that area on the date of publication of the Federal Constitution, in October 1988. The text contradicts the September decision of the Federal Supreme Court (STF), who understood that the thesis is unconstitutional. The vetoes imposed on the bill in October by President Luiz Incio Lula da Silva (PT) were overturned by Congress on the 14th.
Comment by bracky on Jan 01, 2024 11:46am
I having difficulty understanding what exacly is the impact of this decision on Belo ?
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