Mining company Tahoe Resources (TAHO), whose flagship Escobal project is located in southeastern Guatemala, is sinking following reports that Guatemala President Otto Perez Molina is proposing a reform that would allow the government to acquire up to 40% of the mining and exploration companies that operate in the country. Shares of Tahoe are down 31%, or $4.95, to $10.85 in morning trading.
Some Asian stock markets rose on Wednesday following a positive lead from Wall Street, with Japan's Nikkei reaching …