Not sure why my post was moderated for unsubstantiated information. There are many reports available as to the dire state the country finds itself in. That in itself is a definition of sovereign risk.To substantiate this thesis I link this..http://www.eulerhermes.com/economic-research/country-reports/Pages/Brazil.aspx
What was the reason for not announcing the mine opening? Several posters offered reasons on this site following conversation with management at the AGM.
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