Latin America Top Stories

Vale probe could lead to fine of 20% of revenue from 2018

Vale will be on the hook for about $7.2 billion…

Portofino executes agreement to acquire Yergo lithium project in Argentina

The 2,932-hectare project encompasses a full salar.

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Arian Silver intercepts high-grade silver at San Jose

Arian Silver Corporation (TSXV: AGQ) (AIM:AGQ) (FRANKFURT: I3A), a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, is pleased to report assay results from a further 11 holes recently drilled at its 100%-owned San Jose Property in Zacatecas State, Mexico.

Brazil considering iron ore export tax?

Brazil's government is considering creating an iron ore export tax meant to spur investment in local steel production, a leading Brazilian newspaper reported on Friday. Advisors to President Dilma Rousseff have asked the finance ministry to study a measure that would tax iron ore exports and exempt steel exports, the newspaper O Estado de S.Paulo reported on Friday, citing a source in the presidential palace.

Gammon Gold buys Capital Gold: BIV

Shareholders of New York-based Capital Gold (TSX:CGC) have approved a merger with TSX-listed Gammon Gold, BIV Business Today is reporting. The approval takes Timmins Gold Corp. out of the picture as a potential buyer of Capital Gold: