Latest news with #Pará
Zawya
5 days ago
- Business
- Zawya
Brazil strengthens ties with Gulf nations ahead of COP30
BELÉM - The Minister of Tourism of Brazil Celso Sabino has met with ambassadors from six Gulf countries in the northern Brazilian city of Belém, capital of the state of Pará, to discuss investment and cooperation ahead of the COP30. The meeting with representatives from the United Arab Emirates, Saudi Arabia, Qatar, Kuwait, Oman and Bahrain aimed to strengthen ties, enhance cooperation, and attract investment in logistics, infrastructure and sustainable solutions, as part of preparations for COP30, according to Agência Brasil. The event is scheduled for November 2025 in Belém. Sabino, who is acting as the federal government's liaison with strategic blocs, said that this year's climate conference would be a unique opportunity to project the Amazon as host of a high-level global event. 'Our commitment is for COP30 to be remembered not only for the decisions that will be made, but for the exemplary experience we will offer. We want it to be the best COP in history — the COP of the Forest — showing the world the strength of our hospitality, organisation and respect for the environment,' the minister said. He said the presence of Gulf representatives in Belém is strategic in highlighting the Amazon's role as home to more than 30 million people whose communities preserve the rainforest. During the meeting with the ambassadors, Sabino presented a range of local development initiatives: the modernisation of Belém's hotel network, improvements to urban transport, the expansion of the regional air network, and incentives for accommodation providers — all aligned with the objective of ensuring adequate infrastructure and logistics for the global summit. The minister said Brazil's push to broaden international participation at COP30 would continue in the coming months, positioning the Amazon as a hub for innovation, sustainability and cooperation.
Yahoo
06-08-2025
- Business
- Yahoo
TriStar Gold Announces Commencement of Civil Public Action Regarding Environmental Licence for Castelo Do Sonhos Project
Scottsdale, Arizona--(Newsfile Corp. - August 6, 2025) - TriStar Gold Inc. (TSXV: TSG) (OTCQB: TSGZF) (the "Company" or "TriStar") has been advised that on July 30, 2025, the Federal Prosecutor's Office ("MPF") of Brazil filed a Civil Public Action before the Federal Court of Pará against the State Environmental Secretariat of Pará ("SEMAS/PA") and Mineração Castelo dos Sonhos S.A. ("MCDS"), the wholly-owned Brazilian subsidiary of the Company which holds the Castelo do Sonhos Project. The lawsuit seeks the suspension of the environmental licensing process for the Castelo de Sonhos Project until the environmental impact studies in respect of the Project are revised, an Indigenous component study is conducted, and a free, prior and informed consultation (FPIC) process is carried out with Indigenous communities from the Baú and Menkragnoti Territories. The MPF sought an immediate injunction suspending the environmental licence, however the Federal Judge hearing the injunction application noted that the MPF's investigations have been ongoing since 2019, and found that there was no urgency to the injunction application, and therefore deferred the analysis of the injunction request until after SEMAS/PA and MCDS have filed their defenses and the National Indigenous Foundation has submitted its clarifications. The Federal Judge also acknowledged the potential socioeconomic impacts of a suspension at this stage and emphasized the need to ensure due process, including the right to an effective defense. MCDS and SEMAS have 15 business days to file a defense against the injunction application, following which the Judge will decide on the appropriate path forward. Nick Appleyard, TriStar's President and CEO stated: "TriStar remains confident that, upon submission of its defense, it will demonstrate that there are no irregularities in the environmental licensing process of the Castelo de Sonhos Project, which is in alignment with SEMAS/PA's position." About TriStar TriStar Gold is an exploration and development company focused on precious metals properties in the Americas that have the potential to become significant producing mines. The Company's current flagship property is Castelo de Sonhos in Pará State, Brazil. The Company's shares trade on the TSX Venture Exchange under the symbol TSG and on the OTCQB under the symbol TSGZF. Further information is available at On behalf of the board of directors of the company: Nick AppleyardPresident and CEO For further information, please contact: TriStar Gold AppleyardPresident and CEO480-794-1244info@ Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Forward-Looking Statements Certain statements contained in this press release may constitute forward-looking statements under Canadian securities legislation which are not historical facts and are made pursuant to the "safe harbour" provisions under the United States Private Securities Litigation Reform Act of 1995. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "expects" or "it is expected", or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements in this press release include, the Company's expectations regarding the outcome of the Civil Public Action referenced above, as well as the related injunction application. Readers are cautioned that such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause a change in such assumptions and the actual outcomes and estimates to be materially different from those estimated or anticipated future results, achievements or position expressed or implied by those forward-looking statements. Risks, uncertainties and other factors that could cause the Company's plans to change include the ongoing litigation process, and legislative, political or economic developments in Brazil. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable securities laws. To view the source version of this press release, please visit Sign in to access your portfolio
Zawya
06-08-2025
- Politics
- Zawya
COP30 announces council on climate change adaptation
SíO PAULO - President of the 30th United Nations Climate Change Conference (COP30) Ambassador André Corrêa do Lago announced the formal establishment of a council to engage with society and local authorities on solutions for climate change adaptation, according to Agência Brasil. Corrêa do Lago reiterated that the issue of adaptation to climate change will be one of the main themes of COP30, which will take place in November in the Amazonian city of Belém, in the state of Pará. 'The adaptation council for COP30 includes several Brazilian figures who will support us in this dialogue with civil society and local authorities,' said Corrêa do Lago. The ambassador spoke via teleconference at the event, which took place in São Paulo.
Washington Post
03-08-2025
- Politics
- Washington Post
Deep in the Amazon, a bold question: Can the forest save itself?
ALTAMIRA, Brazil — If much of the Amazon forest is to wither away, this is the town where that end was foretold. During its campaign to develop the region, Brazil's former military dictatorship chose this distant outpost in 1970 to inaugurate its signature infrastructure project, the Trans-Amazonia Highway. The road, which carved a path across the belly of the forest, heralded an epoch of large-scale devastation that remade the Amazon. In local media, Altamira became known as the 'champion of deforestation.' Now Brazilian officials think this expansive municipality — which extends over a territory twice the size of Portugal — can also be the site of the forest's rebirth. This year, the Pará state government set out to test a question that until now has largely been left to researchers: If left alone, can the Amazon forest restore itself? To test the hypothesis, officials cordoned off a degraded parcel of land here twice the size of Manhattan and, in March, leased it to a private carbon credit company to safeguard and restore. Some of the task will be done by planting trees and natural flora. But most of the restoration job will be left to Mother Nature. It's called 'passive restoration.' 'This is opening a new model that we think can serve as a beacon for Brazil,' said Helder Barbalho, the governor of Pará. 'This is an important strategy that can replicated across the state.' The search for solutions in the Amazon couldn't be more urgent. Rates of deforestation have been dropping since President Luiz Inácio Lula da Silva made combating environmental crime a priority of his government, but the destruction hasn't stopped. Nearly 6,300 square kilometers were lost last year, according to the last official count, bringing the biome closer to what scientists warn is a tipping point, when the forest is no longer able to maintain its own rainy ecosystem and large swaths are transformed into degraded savannah. Signs of its arrival are already in abundance: dried riverbeds, forest fires, punishing droughts, increased tree mortality. Scientists have predicted the forest could experience a broad ecological collapse by 2050, when between 10 and 47 percent of the forest will 'be exposed to compounding disturbances' that could 'trigger unexpected ecosystem transitions,' according to a February 2024 study in Nature. But other research has also provided cause for hope. Despite the delicate nature of the Amazon's ecosystem, the forest has also shown a robust capacity for regrowth. A recent study showed that roughly 72,000 square kilometers of the biome lost to deforestation are already in an advanced stage of natural regeneration. Much of the regenerated forest is in areas not threatened by agricultural production, a principal driver of deforestation, additional research found this year. 'The forest can come back,' said Andreia Pinto an environmental researcher who has written several of the studies. 'The scar of deforestation can be healed.' Whether the wound reopens again is another question. Roughly 60 percent of regenerated forest is later deforested, according to a study last year by Brazil's National Institute for Space Research. The matter will now be put to the test in a town synonymous with the Amazon's destruction. 'This is a really important symbol,' Barbalho said. The area where the pilot project will unfold, Triunfo do Xingu, has lost more than a third of its original forest since its creation as a government-protected area in 2006. During the administration of then-President Jair Bolsonaro, who inveighed against environmental law enforcement as an impediment to economic growth, the devastation widened. But it was the freshness of the destruction that made the protected area an interesting candidate for this restoration model. The chance for natural regeneration, researchers say, is far greater in recently deforested areas. For state officials, the first step was reclaiming the land. In 2022, authorities arrested a notorious cattleman whom they accused of being one of the Amazon's most prolific deforesters. They cleared out his farm and renamed the 100 square-kilometer plot a 'unit of restoration' — a new jurisdictional definition. Then in March, hoping to create a new local economy based on environmentalism, the state put the parcel on the auction block for a carbon credit company to restore. The plan is not without risk. Brazil's carbon credit industry, which seeks to protect the forest in exchange for credits that can be sold on international markets, has been beset by scandal. Past projects have been accused of exaggerating environmental impact, improperly using government lands and creating divisions within Indigenous communities. This project should sidestep many of those issues, said Raoni Rajão, a former senior official in Brazil's Environment Ministry, because it has government buy-in. And the land, which doesn't have any local inhabitants, will be patrolled by a private company paid to protect it. 'This is a good idea,' Rajão said. 'It could and should be repeated in other areas.' The initiative will be run by Systemica, a Brazilian carbon credit company that operates in the Amazon. In an interview, chief executive Munir Soares expressed optimism. He said deforesters often look for unprotected lands they can sell off with fraudulent paperwork. But the designation of this area as a restoration reserve, as well as the project itself — which he estimated would employ hundreds of locals — will reduce the criminal incentive. 'We're going to be present, day in and day out,' Soares said. If the land gets a chance to rest, locals said, they expect the forest to be reborn. Raiumundo Freire, who harvests a mixture of forest products including açaí and cacau, said he's witnessed the process himself. He first moved to the Triunfo do Xingu territory in 1986, when it was nothing but 'dense forest.' Much of it has been razed, he said, but he never lost hope it could be restored. Years ago, he said, he bought a small parcel of land, just 37 hectares. It was totally deforested. He'd long put it to use planting corn and other vegetables. 'Then five years ago, I let it recover, didn't do anything,' he said. And now? 'It's just forest,' he said.
News.com.au
04-07-2025
- Business
- News.com.au
Break it Down: Australian Mines secures Boa Vista earn-in
Stockhead's Break it Down brings you today's leading market news in under 90 seconds. In this episode, host Tylah Tully looks at the latest from Australian Mines (ASX:AUZ), which has secured the right to earn up to 80% of the Boa Vista gold project in Brazil's Pará state. Tune in to hear all about it. While Australian Mines is a Stockhead advertiser, it did not sponsor this content. Originally published as Break it Down: Australian Mines secures Boa Vista earn-in
