Brazil's Supreme Court has temporarily suspended the installation license for Belo Sun Mining's Volta Grande Gold Project until a settlement agreement with the National Foundation of Indigenous Peoples (FUNAI) receives judicial approval. The decision follows a request by Brazil's Federal Public Prosecutor's Office and pauses the reinstatement of the license. Belo Sun is actively engaged in settlement talks and has agreed to halt physical work at the project site during this period. The company remains committed to resolving issues with FUNAI and Indigenous communities to move the project forward.
Belo Sun's license suspension news comes as 52 of 83 Basic Materials-sector US stocks on Pluang rose today. For readers following Basic Materials, here is Pluang's market snapshot as of Oct 21, 2026 18:12 WIB: USA Rare Earth Inc. (USAR) traded at USD 10.28 with a 1-day change of +2.19% and a Pluang order activity of 3% Sell / 97% Buy, International Flavors & Fragrances Inc. (IFF) at USD 89.41 with -1.97%, and DuPont de Nemours Inc. (DD) at USD 130.45 with -1.89%. Typical hold times on Pluang ranged from 3 to 90 days among these stocks.
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