Vale never closed, not one employee was laid off. They just sent a wake up call to Argentina.
We will know more about Argentina's default bond problems in a couple of weeks. But that looks like it has eased too.
http://www.marketwatch.com/story/a-forward-look-the-year-ahead-research-report-on-pan-american-silver-corp-hecla-mining-company-acme-packet-inc-sonus-networks-inc-and-delta-air-lines-inc-2013-03-13
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