Belo Sun Mining Corp (BSX.TO)

Brazil prosecutors seek annulment of contract for Belo Sun gold mine

Brazilian federal prosecutors asked a judge to annul a contract between Canadian miner Belo Sun and Brazil's land rights agency to build a gold mine valued at 1.2 billion reais ($242 million), according to a legal document seen by Reuters. The controversial mining project is located in Brazil's Amazon rainforest, near the Xingu river in northern Para state. The request of prosecutors to end the project is part of a lawsuit over land rights originally filed by public defenders in 2022.