-
Britain's Hunt wins 200m for European sprint double
-
US stocks gain after benign inflation data, oil prices retreat
-
Draper dumped as Norrie saves face for Britain in Cincinnati
-
LeBron's Sixers in spotlight as full 2026-27 NBA schedule revealed
-
England opener Gay out for duck in Pakistan warm-up
-
Kennedy Center board votes to restore Trump name: reports
-
Europe swelters under fresh wave of extreme heat
-
Barcelona agree to sell Torres to PSG: media
-
French Olympic gold medallist Florent Manaudou announces retirement
-
Romania shuts nuclear plant as Danube drops
-
Tourists rescued by boat as forest fire threatens Greek beaches
-
Millions of Europeans struggle with another wave of extreme heat
-
Indicted Raul Castro reappears after months out of public view
-
Israel reopens once-closed West Bank settlement
-
Italian teen Curtis breaks women's 50m backstroke world record for second time
-
Taylor to captain New Zealand for first time against Bulls
-
Taulagi steps out of 'comfort zone' with code switch to French Top 14 new boys
-
Carrick urges Man Utd to push for more signings to boost title bid
-
Leicester's Thai owners put troubled club up for sale: reports
-
'This was my World Cup' says Somali ref after UEFA Super Cup
-
Stocks steady as US inflation worries ease, oil slips
-
Survivors tell of horror of Zimbabwe ferry sinking as death toll hits 46
-
Porsche to end production of flagship electric car: report
-
Juventus forward Vlahovic signs three-year Besiktas deal
-
Twitch sparks gamers' wrath with Amazon AI sharing deal
-
Tielemans apologises for offending Villa fans with Man Utd boast
-
Blaze forces families to abandon Turkish tour boat
-
Stocks gain as US inflation worries ease, oil slips
-
'If you can, move!' say Rome's viral dancing seniors
-
Heavy rain soaks eastern Japan, prompting highest-level warning
-
Zambia voters weigh Hichilema's economic record
-
Celtic boss O'Neill 'much better' after hospital procedure
-
SBCFX to Showcase Trading Innovation, Regional Growth Strategy, and Future Vision at iFX EXPO Asia 2026
-
MEXC July TradFi Trading Shifts Toward AI Storage as SNDK Futures Volume Surges More Than 15x Times
-
Hodgkinson sets up Werro showdown after Euro 800m drama
-
Maghreb sees demographic shift with fertility at historic low
-
'How many will die?': the mysterious ailment killing Kenyan elephants
-
European stocks gain as oil prices ease
-
Arteta coy over Lewis-Skelly's Arsenal future after 'emotional' celebration
-
Infantino future should be decided by election says African football chief
-
Romania shuts down nuclear plant as Danube drops
-
Man City star Doku signs five-year contract extension
-
German steel giant Thyssenkrupp weighs options as Rhine drops
-
Fabien Barthez joins Zidane's new France coaching setup
-
US ambassador denounces settler siege as Israel dispatches troops
-
Taiwan chokes mobile internet speeds in drill for Chinese attack
-
Hasan takes 6-55 as Bangladesh claim opening day of Australia Test
-
From Chinese AI to Global ETFs: STARTRADER Launches 45 New 24/7 Stock and ETF CFDs
-
Taiwan says AI agents used in cyberattacks targeting island
-
Tech stocks enjoy rebound after US inflation on mixed day for markets
Mining firms targeting Brazil indigenous lands: report
Major mining companies are seeking to expand to currently protected indigenous lands in the Amazon rainforest, bolstered by billions of dollars in financing from international banks and investment firms, a report found Tuesday.
Nine mining giants including Brazil's Vale, Britain's Anglo American and Canada's Belo Sun have filed applications seeking authorization to mine on indigenous reservations in Brazil -- even though that is currently illegal, said the report by the environmental group Amazon Watch and the Association of Brazil's Indigenous Peoples (APIB).
The firms appear to be betting Brazilian President Jair Bolsonaro, who has pushed to open protected lands to mining and agribusiness, will succeed in passing legislation introduced by his government that would allow them to operate on indigenous territories, it said.
As of November, the companies had a total of 225 active mining applications to Brazil's National Mining Agency (ANM) that overlap 34 indigenous lands, for a total area more than three times the size of London, it said.
"The environmental damages and threats against the lives of forest peoples by mining activities are brutal and have only worsened under Bolsonaro's administration," Ana Paula Vargas, Brazil program director at Amazon Watch, said in a statement.
"With the rainforest at the tipping point of ecological collapse, we need to involve all the actors behind this industry."
Experts say preserving indigenous lands is among the best ways to protect the world's biggest rainforest, a vital resource in the race to curb climate change.
- Alleged violations -
The report found the mining firms, which also included Glencore, AngloGold Ashanti, Rio Tinto, Potassio do Brasil and Grupo Minsur, received a total of $54.1 billion in financing from international investors over the past five years for their Brazilian operations.
It urged banks and financial firms backing such companies to pull out of them, saying many also had a history of human rights violations and environmental destruction.
Major backers of the nine mining companies include US firms BlackRock, Capital Group and Vanguard, which invested $14.8 billion in them over the past five years, it said.
Banks including France's Credit Agricole, US-based Bank of America and Citigroup and Germany's Commerzbank are also major financiers of the companies, with a total of $2.7 billion in loans and underwriting, it said.
Many of the companies denied the report's findings.
Anglo American said it had "legacy tenure applications" for indigenous lands that it had "fully and formally withdrawn several years ago."
Vale said it had done the same last year.
Belo Sun, Peru's Minsur and Potassio do Brasil said they had no activity relating to indigenous territory, and defended their social and environmental records.
A spokesperson for Vanguard meanwhile said the firm "regularly engages with mining companies" to promote sound environmental and social practices.
And Credit Agricole said it financed no mines in the Amazon.
"We have contacted Anglo American and Vale, which both confirmed they had no exploration permits for indigenous lands," it said.
O.Krause--BTB