Is suspended better than revoked? The suspension took place in 2013 and by 2016 Jaguar's legal firm Mendo de Souza had been unable to get the licences reinstated.
2013
Jaguar has become aware that on November 20, 2013, the Public Prosecutor in Brazil filed a lawsuit against MCT claiming that: (i) MCT should be classified as a “foreign company”, and therefore be completely restricted from carrying on operations in Brazil and, in particular, at the Gurupi project; (ii) there are purported irregularities in the environmental licensing, mainly as the installation license granted to MCT covers only a fraction of the area in which MCT will operate; and (iii) there is no INCRA agreement for MCT’s surface rights, which surface rights include an area in which there is a settlement of inhabitants that will be affected by the proposed project.
The Public Prosecutor asked for an urgent (preliminary) decision from the Court claiming that if MCT activities continued, it would be prejudicial to the State of Maranhão. Typically, this kind of decision can be granted without hearing from the defendants, in this case, MCT. In a hearing at which MCT was not present, the judge decided to: (i) suspend the environmental licenses granted to MCT, (ii) prohibit any construction at the gold beneficiation plant, and (iii) stop any kind of negotiation with settlers without the participation of INCRA. MCT has not been served yet with the formal notice relating to the judge’s decision. The Company has retained the services of legal firm Mendo de Souza to vigorously defend the case.
https://www.sec.gov/Archives/edgar/data/1333849/000127956914000538/v373177_ex99-3.htm
2016
At this time, Gurupi remains in a stalled process awaiting a solution to the suspension of the environmental license.
https://www.jaguarmining.com/site/assets/files/2156/2016aif.pdf
