Brazil’s Cosan unloads stake in miner Vale
Cosan has unloaded some 173 million shares it owned in the mining giant.
Shares of junior Canadian miners Bear Creek Mining (BCM.V: Quote) and Rio Alto Mining (RIO.V: Quote) fell on Monday, following anti-mining protests in southeastern Peru, just days ahead of a presidential run-off election.
Aboriginal protesters opposed to Bear Creek’s Santa Ana silver project had blocked roads and trapped hundreds of tourists in the town of Puno on the shores of Lake Titicaca, according to recent media reports.