Brazil court blocks Equinox Gold mineral rights transfer to CMOC

Reuters03-04

Brazil court blocks <a href="https://laohu8.com/S/EQX">Equinox Gold</a> mineral rights transfer to CMOC

BRASILIA, March 3 (Reuters) - A Brazilian court blocked on Tuesday Canadian firm Equinox Gold EQX.TO from transferring mineral rights for gold mines it sold in the Latin American country to Chinese metals miner and processor CMOC Group 603993.SS, according to a court decision.

Equinox Gold concluded the sale of gold assets in Brazil to CMOC in a $1 billion deal, earlier this year.

The judge blocked the transfer of rights for assets located in the northeastern Bahia state, after complaints from local state-run firm CBPM.

(Reporting by Ricardo Brito in Brasilia; Writing by Andre Romani, Editing by Natalia Siniawski)

((Andre.Romani@thomsonreuters.com; 11 991314109;11 56447500;))

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