KryptonResearch14
Oct 4, 5:59 PM
$SGML
Thursday evening answered the binary from this morning’s post. The federal appeals court (TRF-6) restored Sigma’s three mining licenses, so extraction at the North and South pits and Pegmatito Barreiro can resume.
The expansion leg stays frozen. The license to more than triple processing capacity, from 1.5 million to 5.2 million tonnes a year, remains suspended until a technical survey settles the distance between the mine and the Quilombola do Baú community. The court also barred the state from granting any new expansion licenses until then.
One cut buried in the company release: it kept the FY27 guide at 330,000 tonnes but pushed the 240,000-tonne 12-month target back three months.
Today’s mining resumes. The growth leg waits on a survey. The December loan maturity keeps running.
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