Vale shares shed $17 billion as iron ore slump foils turnaround
The miner has lost its rank as Brazil’s third-largest publicly traded company.
Bolivian officials says President Evo Morales will announce on May 1 that he is dismantling Bolivian mining’s “privatization model” and will nationalize former state-owned mines.
Coeur d’Alene Mines announced Thursday that it has received assurances from the Morales Administration that its San Bartolomé silver mine is not targeted for any proposed mining nationalization in Bolivia.
Photo by Simon Wedge.