“Standing in Belo Sun’s way is Amazon Watch, an Oakland-based nonprofit with an established track record of pushing international miners out of Indigenous territory by deploying a range of tactics.”
– Financial Post

In the lead-up to COP15, the global Convention on Biodiversity held in Montreal, Canada this year, we launched The Risks of Investing in Belo Sun. The report exposes the Canadian company's plan to build a massive open-pit gold mine in the Brazilian Amazon, one of the areas with the greatest biodiversity on Earth. The project could have devastating effects on surrounding communities and climate stability, not just in the Amazon region, but for the entire planet.

Amazon Watch attended as part of a powerful team of Indigenous leaders and allies, and together we were enormously successful at communicating the risks of Belo Sun and other destructive projects and greenwashing schemes.

In fact, Belo Sun’s share price has plummeted following protests and advocacy from activists and Indigenous leaders at the summit. The company's stock has fallen over 50% just since the report's release, and it's currently selling off at under $0.06 per share.

Belo Sun insists that it has consulted with affected communities, but those who live in the region know better, and they told the world at COP15. “We didn’t realize they were here carrying out studies,” shared Bel Juruna. “Belo Sun would be a total extermination for my people, and we wouldn’t have a future.” She says that she would have shared this with Belo Sun, if it had bothered to ask.