Australia's largest stock trading and investment forum Australia's #1 stock forum

BBX

Click for more information

0.00%

24.0¢ bbx minerals limited

Ann: Response to ASX Query Letter, page-67

First 67 Last

Share
Profile

Follow
Skol

15,705 Posts.

275

11/09/17

15:00

Post #: 27132288
Share

Originally posted by Skol ↑

Looks as if one of BBX's subsidiaries is being sued by the Brazilian Government.

From a Portuguese Language Newspaper.
=========================

Specific case - The recommendation cites the case of Mineração Bbx do Brasil Ltda., Controlled by the foreign mining company BBX Holdings Limited, as an example of the problems that may be caused if the recommended measures are not met. The company is one of the defendants in the public civil suit that deals with the Juma Eldorado gold mine, in which the MPF demands the recovery of environmental liabilities and dams from mining tailings, broken or with imminent threat of rupture, left in the vast degraded areas of the garimpo, located in the vicinity of the municipality of Apuí (rural area of Novo Aripuanã), and with overlapping to the Federal Conservation Unit Aripuanã National Forest, then in state recognition process.

Expand

Maybe I've overlooked it but I don't recall reading about that in any of the company announcements.

BBX Price at posting: 20.0¢ Sentiment: Sell Disclosure: Not Held
4 Upvote

0 Great analysis

Reply

Top Stories

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

US election outcomes: Key economic and market takeaways

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

PNN

Power gets set for 1000-metre maiden drilling program in Brazil

There are more pages in this discussion • 185 more messages in this thread...

First 67 Last

Add BBX (ASX) to my watchlist

SPONSORED BY