Vale posts highest annual iron ore output since 2018 despite fourth-quarter slide
Vale reported an output of 85.3 million metric tons in the three months ended in December.
Pan American Silver said Tuesday it had consulted with Bolivia’s Minister of Mines and its unions and “has not received official notification from any government representative with respect to the possibility that the Bolivian government might seek to take control of San Vicente.”
Bolivian media reports claims the Morales Administration was considering terminating joint venture contracts and taking control of several mines formerly operated by the government, which could include the San Vincente silver mine.