A Stock Switch For Monday Or Tuesday
April 22, 2014 at 06:07 AM EDT
The bad Brazilian news is that the Guinea cabinet has recommended that Vale be stripped of rights to the country's huge iron ore reserve alongside sanctions for bribery against Israeli Beny Steinmetz whose BSG Resources Co. got the Simandou concession from a prior government in Conakry. This was reported by Reuters but not confirmed by VALE.