Canadian gold miner Belo Sun accused of misleading investors

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Canadian gold miner Belo Sun accused of misleading investors
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Amazon Watch alleges Belo Sun has inadequately consulted the local Indigenous communities in Brazil. Find out more.

Cyanide is commonly used to recover gold, in a process called “gold cyanidation,” and is “very efficient and effective,”to the Canadian Mining Journal. But advocacy groups such as Earthworks say that cyanidation is “highly toxic, and can result in substantial environmental impacts and public health risks if released into the environment.” They added that cyanide can persist in the environment and contaminate drinking water aquifers.

Belo Monte, the world’s third-largest hydroelectric dam, is located 20 kilometres from Big Bend. The damthe Xingu River’s flow by 80 per cent, according to the Nasa Earth Observatory. “The reduced flow along the bend has produced new dry areas,” the Observatory wrote in an article. “The drying is reported to have affected the aquatic life — such as turtles and fish unique to the Volta Grande — and a number of Indigenous tribes living in the area.

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