$200 Million in Gold Extracted in Amazon Mine Through Illegal Licenses. A gold mine hidden in the middle of the Brazilian Amazon generated nearly $200 million in revenue in just over a year for Gana Gold Mineração, according to Brazil’s National Mining Agency (ANM). In.
Gana Gold generated R$ 1.1 billion (US$ 200 million) in revenue using illegally-obtained environmental licenses in Brazil, equivalent to 3 tons of gold extracted.
Two pension funds in the Netherlands and one from Japan have invested a combined half a billion dollars in Brazil’s top three meatpackers.
These investments in cattle ranching, an industry that’s the main driver of Amazon deforestation, contradict the environmental stances of the respective funds and their national governments.
The fund managers and other experts say maintaining their stake is a more effective way of pushing for change in the companies than simply dumping the stock.
But there’s also a growing realization that continued exposure to environmental risks over the long term will incur not just ethical and reputational harm for the funds, but even financial fallout.
2 minutes read
By Waldheim Garcia Montoya
Recife, Brazil, Dec 24 (efe-epa).- Defying the received wisdom of his time that Italian was the only language suitable for art song, Alberto Nepomuceno (1864-1920) dared to embrace Portuguese and folk genres such as samba in the process of creating a truly Brazilian tradition of classical music.
A century after his death in Rio de Janeiro at 56, the “father of Brazilian music” remains unknown to many of his compatriots.
“Among the principal characteristics of the maestro is that he devoted himself to writing music with a nationalist aim that encompassed the pluri-culture of Brazil,” Edwin Pitre Vasquez, head of the Ethnomusicology Research Group at Parana Federal University, told Efe.