Nobody's getting sued but these guys have to put up and environmental bond and rehab the place
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2. Order COOPER] UMA and Emloco lndustry and Commerce of Exploration and Processing of Minerals Ltda. are obliged to submit
Emergency Plan for Maintenance or Recovery of
within a maximum period of ninety (90) days from the date of this
compliance with the technical parameters laid down in standards and
administratively by the environmental and mineral licensing bodies,
each in its sphere of responsibility, under penalty of a daily fine of
R $ 50,000.00 (fifty thousand reais) per day of noncompliance;
. 3. Arrange COOPERJUMA, Adeilda Pereira Bruno and
Emblàco Industry and Trade of Mineral Exploration and Processing
Ltda. that provide a real bond, in the amounts of R $ 110,000,000.00 (one hundred and ten
million reais) for the cooperative and its representative; and R $ 55,000,000.00
(fifty-five million reais) to the company Reloco.
BBX Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held