Volta Grande Project
The company Belo Sun Mineração Ltda is a Brazilian subsidiary of the Canadian Belo Sun Mining Corporation, owned by the Forbes & Manhattan Inc. group. The company holds a permit from the Brazilian National Department of Mineral Production (DNPM) to prospect for minerals in Volta Grande do Xingu region.
The mining company has submitted preliminary studies supporting their plan to establish a plant 10km from Belo Monte’s main dam. Researchers estimate that in the first 11 years of excavation the Belo Sun project should extract 37.8 million tons of ore.
Gold mining on the banks of the Xingu river will be opencast, since the ore deposits are close to the surface. According to an ISA report from last January, Belo Sun expects to employ 2,100 people. Extraction of gold would start in the first semester of 2015 with prospects for at least 20 years of extraction on the site. Nevertheless, the company has listed 21 socio-environmental programmes to mitigate the various impacts in the region including those to the life of local populations, who are already largely ignored by the plans, programmes and projects being developed in the same area for the Belo Monte Dam.
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