Post by
mrleao on Aug 22, 2024 8:02pm
Belo confirms the Basic Environmental Plan was completed 🥳
Belo Sun is progressing PVG towards construction and has successfully completed the EIA (Environmental Impact Assessment), the LP (Licenca Previa - Preliminary Licence), the PBA (Plano Basico Ambiental – Basic Environmental Plan) and the LI (Licenca de Instalacao - Construction Licence, currently subject to a suspension order) with the State of Para permitting authority SEMAS (Secretaria de Meio Ambiente e Sustentabilidade do Estado do Para - Secretariat of Environment and Sustainability of the State of Para). The Company has also completed its required ECI (Estudo do Componente Indigena - Indigenous Study) with the Federal Indigenous authority FUNAI (Fundacao Nacional dos Povos Indigenas). In a September 2023 court ruling (see Belo Sun press release dated September 12, 2023), the permitting authority was changed from SEMAS to the Federal authority IBAMA (Instituto Brasileiro do Meio Ambiente e dos Recursos Naturais Renovveis - Federal Brazilian Institute of the Environment). In that same ruling, the court affirmed that the licenses issued in the past by SEMAS should remain in place and that the Company is not required to resubmit its applications for those permits to IBAMA