UPDATE 4-Guatemala floats plan to take 40 pct stake in new mines
June 28, 2012 at 23:48 PM EDT
* New projects, not existing mines, would be hit * Government to outline plan to Congress on July 9 * Canadian mining shares hit, but later recover some losses By Mike McDonald GUATEMALA CITY, June 28 (Reuters) - Guatemala's president is planning a constitutional amendment to give the government as much as a 40 percent stake in new mining projects, a government spokesman said on Thursday. Initial news of the plan hit Canadian mining companies working in Guatemala, especial