Brazilian miner Vale SA (NYSE:VALE) said Wednesday its fourth-quarter results would suffer after the company decided to settle a case of alleged tax evasion with Swiss authorities.
Miners in Latin America are facing both growth and challenges. Heiko Ihle, senior research analyst with Euro Pacific Capital, examines the factors behind these trends.
A Chilean lawyer has filed legal action to force the world’s largest gold producer Barrick Gold executives to appear in a Canadian court to respond to accusations that the company falsified information included in the Pascua Lama protocol between Argentina and Chile in 2004.