Heliostar Metals stock gains on Mexican asset buys
Heliostar aims to reach production of more than 500,000 oz. of gold a year by 2030.
Brazilian investment in mining is about to shatter a five-year record.
The country’s Mining Institute, Ibram, said Wednesday that investments in mining in Brazil will reach $75 billion by 2016, driven by growing demand for raw materials such as iron ore from emerging economic powerhouses China and India.
Fox News reported the key figures from the institute: