Belo Sun (TSX:BSX) dropped by as much as 7.5% on Thursday after Brazil's federal authorities ordered further environmental and social impact studies for the company's Volta Grande project in ParĂ¡ state.
According to reports Brazil's Federal Public Ministry (MPF) this week sent two recommendations to the Secretary of Environment of ParĂ¡ (SEMA) to warn that no license be granted without prior environmental impact studies and consultations with the local indigenous people
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