- Belo Sun’s Volta Grande Gold Project was selected for the program because it is deemed a strategic mineral project
- The Investment Partnership Program was created to support exploration for materials in a sustainable way
- Belo Sun’s (BSX) shares are up by 3.27 per cent and are being traded at $0.63 cents as of 2:19 PM EST
Belo Sun’s (BSX) Volta Grande Gold Project has been selected by the Mines and Energy Ministry.
The Brazilian government deems the project to be a strategic mineral project.
President and CEO of Belo Sun, Peter Tagliamonte, commented,
“It confirms the importance of sustainable, environmentally responsible and socially responsible projects and the importance these projects have to all stakeholders, including the local communities, municipalities, state and federal governments.”
The Investment Partnership Project was created to support companies mining for gold, iron ore and battery metals.
The initiative was founded in 2021 and serves to help the Brazilian government to implement and expand the production of strategic minerals in a sustainable way.
Belo Sun’s (BSX) shares are up by 3.27 per cent and are being traded at $0.63 cents as of 2:19 PM EST.
