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.
The shares in some North American silver miners fell sharply on Thursday after Bolivia’s leftist government said it might rescind concessions on four mines in the country run by Glencore International Ltd [GLEN.UL] affiliates and Canada’s Pan American Silver Corp (PAA.TO: Quote)(PAAS.O: Quote).