The Royal Bank of Canada is financing a mining company which plans to dig
a gigantic open-pit mine in Brazil, forcefully displacing indigenous and
traditional communities.

We need to stop them before it’s too late.

[ [link removed] ] Sign the petition 

   
John,

Canadian mining company Belo Sun plans to build the largest open-pit gold
mine in Brazil on the banks of the Xingu River, destroying precious
ecosystems and forcefully displacing indigenous and traditional
communities.

The region already struggles with the devastating effects of one of the
largest hydroelectric dams in the world. And now, Belo Sun, wants to add
deforestation and water contamination to the mix while threatening to sue
the very people suffering from its reckless greed.

But, Belo Sun is not acting alone. The Royal Bank of Canada (RBC)
bankrolls it to the tune of US$ 14 million, fueling destruction and
suffering in the region. RBC is one of Belo Sun’s largest institutional
investors, so we need to cut the money to stop the project:

[ [link removed] ]Royal Bank of Canada, drop this environmental time bomb now!

According to experts, Belo Sun’s mining project has an “unacceptably high
risk” of rupture that could flood the surrounding area with up to 2.4
billion gallons of cyanide toxic sludge within minutes. It could
contaminate an invaluable ecosystem already on the brink of collapse, and
yet the Royal Bank of Canada is still pouring money into this disastrous
project.

With RBC’s complicity, Belo Sun has forced its operations and land
grabbing on the communities by ignoring the UN Convention requiring Free
Prior and Informed Consent from traditional communities. But to its
shareholders, Belo Sun claims to have done its due diligence, downplaying
the project’s socio-environmental, legal, and financial risks.

To add insult to injury, Belo Sun is now suing land defenders who are
giving everything to protect their land. The people of Xingu are trying to
protect what’s left of their livelihoods. This massive corporation thinks
it has the right to exploit and poison their land and their water, and the
Royal Bank of Canada supports it. All in the name of profit.

Whilst we still have time to save such important biodiversity, vulnerable
communities and our future, add your name and let’s come together to
demand:

[ [link removed] ]Royal Bank of Canada, stop investing in a home wrecker company!



[ [link removed] ] Sign the petition 



Thanks for all that you do,
Vanessa, Fatah and the team at Ekō


More information:

[ [link removed] ]The Royal Bank of Canada's financing of Canadian gold miner Belo Sun
denounced during biodiversity summit
BankTrack. 8 December 2022.
[ [link removed]'s%20largest,the%20company's%20largest%20institutional%20investors ]Canadian Investors Injected Over US$ 2 billion into Mining Companies
with History of Human Rights and Environmental Violations in the Brazilian
Amazon
Mining Watch. 22 February 2022.
[ [link removed] ]Dammed, now mined: Indigenous Brazilians fight for the Xingu River’s
future
Mongabay. 12 January 2023.
[ [link removed] ]Pará state court suspends licensing of Belo Sun mining company
Instituto SocioAmbiental. 27 May 2022.
 

 

 

Ekō is a worldwide movement of people like you, working together to hold corporations accountable for their actions and forge a new, sustainable path for our global economy.

Please help keep Ekō strong by chipping in $3. [link removed]