On February 2017 the State Secretary of Environmental and Sustainability (SEMAS) approved the license to Belo Sun Mining Company (subsidiary of Belo Sun Mining Corporation part of Forbes & Manhattan Inc group). Belo Sun Mining is a Canada-based mineral exploration and development company with a portfolio of gold-focused properties in Brazil. The approval was made without consulting the local communities.

The Environmental Impact Assessment (2012) concludes that all “the species found and the structures of the forest indicate that the remnants have already changed” and that the negative environmental effects will be almost invisible. Meanwhile the social impacts will grow. Local and traditional communities such as fishermen (ribeirinhos); artisanal miners (garimpeiros) and the indigenous complain against this project because of the future risk and future damage to the Xingú River. To extract the gold the company will use toxics such as cyanide will could impact the water of the river. Furthermore, this project will be only 11 km away from the Belo Monte Dam which will increase the environmental damage. But The Environmental Impact Assessment (EIA) provides no details regarding the interaction between both projects, neither their accumulative impact.

To contain the toxic waste, the company plans to build a dam of 96 million cubic meters. One of the engineers who prepared the report commissioned by Belo Sun certifying that the project is feasible and safe, is the same that signed the report that guaranteed the stability of the Fundão dam in Mariana (MG). (Which caused one enormous environmental disaster - 2015). Since 2013, a broad group of EJOS from Brazil, Canada, the United States and Europe joined a campaign in defense of indigenous and traditional communities threatened by Belo Sun. A public letter was signed by 44 organizations.

On November, 2013, a Federal Judge in Altamira suspended Belo Sun’s environmental licensing process over questions surrounding the Environmental Impact Assessment’s validity and legality since it does not address potential effects on indigenous communities in the area. This was quickly appealed by the company and overturned. On December, 2013, the Environmental Council of the Pará State approved the EIA, granting the company it’s Preliminary License. It does not appear that the company made any changes to the EIA.

On February 2017 the Ombudsman of Pará calls for suspension of the environmental license. Belo Sun is currently trying to attain the proper permits and licensing to build. 

-The project is expected to generate 2,100 direct jobs in the deployment phase, and 526 in the operational phase.

-Over the 12 years, the company must pay more than R $ 60 million in mining royalties to the state - almost R $ 5 million per year. The amount paid in taxes should be even higher: about R $ 130 million for the country, state and municipality during the installation period, and then R $ 55 million per year. (100 R$ is around 30 US$ in March 2017)

-The project also provides for the construction of a tailings dam.