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  • *PIMCO trims SPDR Gold Trust for 4 straight quarters. NEW YORK, Nov 14- Hedge fund Paulson& Co maintained its stake in SPDR Gold Trust, the world's biggest gold-backed exchange-traded fund, in the third quarter after slashing its stake by more than half in the second quarter when bullion prices plummeted.

  • Nov 14- Turquoise Hill Resources Ltd said Thursday it was planning a rights offering of up to $2.4 billion, citing delays at Rio Tinto's Oyu Tolgoi copper and gold mine in Mongolia that have stopped it from financing the mine's next phase.

  • *Severstal to focus on steel sales within Russia. LONDON, Nov 14- Russia's second-biggest steel producer, Severstal, said global steel prices may have reached their lowest point, though a recovery will be slow and average prices in 2014 are likely to be close to levels seen this year.

  • WARSAW, Nov 14- Poland is struggling to make "coal" less of a dirty word as it hosts U.N. talks on slowing global warming that usually focus mostly on phasing out fossil fuels in favour of renewable energies such as solar and wind power.

  • *Mechel in talks with banks on debt restructuring. MOSCOW, Nov 14- Russia's central bank ruled on Thursday that nearly $2 billion in rouble bonds issued by mining group Mechel are effectively worthless, deepening the company's debt crisis a day after its shares slumped to an all-time low.

  • *Mechel in talks with banks on debt restructuring. MOSCOW, Nov 14- Russia's central bank has ruled that nearly $2 billion in rouble bonds issued by mining group Mechel are effectively worthless, deepening the company's debt crisis a day after its shares slumped to an all-time low.

  • Shell, Sinopec drilling for shale gas in central China Thursday, 14 Nov 2013 | 6:15 AM ET

    BEIJING, Nov 13- Royal Dutch Shell and China's Sinopec Corp are drilling exploration wells to test shale potential in central China, where little prospecting for the fuel has been done, company officials said on Thursday.

  • MOSCOW, Nov 14- Russia's central bank said on Thursday that bonds issued by mining group Mechel would be zero-rated as collateral, effectively ruling out their use in refinancing operations.

  • FRANKFURT, Nov 14- Germany's Salzgitter said on Thursday that any green shoots of economic recovery in Europe were so far eluding the steel sector because of oversupply, reaffirming its full-year outlook for the pretax loss to quadruple.

  • India gold demand hit as govt rules bite -WGC Thursday, 14 Nov 2013 | 12:59 AM ET

    SINGAPORE, Nov 14- Strict rules on gold imports are succeeding in curbing demand from India, with the nation likely to lose its crown as the world's biggest consumer of the precious metal to China, the World Gold Council said.

  • WASHINGTON, Nov 14- President Barack Obama is set to tout the U.S. economic recovery during a visit to an Ohio steel mill on Thursday even as he faces more questions about the troubled rollout of his signature healthcare law.

  • Nov 13- Kinross Gold Corp said on Wednesday it is making further cuts to its employee numbers and capital spending as the Toronto- based gold miner reported a steep drop in third-quarter earnings, hurt by weaker gold prices. Gold prices, trading at $1,272 on Wednesday, have fallen 24 percent this year.

  • Rio Tinto seeks U.S. approval for Arizona copper mine Wednesday, 13 Nov 2013 | 7:50 PM ET

    MELBOURNE, Nov 14- Rio Tinto is set to submit a mine plan to U.S. authorities this week for its $6 billion Resolution project in Arizona, which could become the largest copper producer in North America, a spokesman said on Thursday.

  • LONDON, Nov 13- Copper tumbled to its lowest level in three months on Wednesday after a U.S. People are coming out of the woodwork, "said Vicky Sanders, head of analytics sales at broker Marex Spectron in London. Three-month copper on the London Metal Exchange closed down 2 percent at $6,980 a tonne, after touching a low of $6,956, the weakest since Aug. 7.

  • MOSCOW, Nov 13- Russian mining group Mechel lost 40 percent of its market value in Moscow on Wednesday, hit by concerns over a proposed debt restructuring that the company called speculative.

  • LONDON, Nov 13- Copper tumbled to its lowest level in three months on Wednesday after a U.S. People are coming out of the woodwork, "said Vicky Sanders, head of analytics sales at broker Marex Spectron in London.

  • CALGARY, Nov 13- Canada on Wednesday renewed its attack on the European Union's plan to classify Canadian tar sands oil as particularly dirty and released a study questioning the data behind the controversial measure. Canada has the world's third-largest proven reserves of crude, much of which is locked in the tar sands of Alberta.

  • METALS-Copper hits 2-month low on rising supply, dollar Wednesday, 13 Nov 2013 | 6:19 AM ET

    LONDON, Nov 13- Copper fell to its lowest in two months on Wednesday on a looming surplus and as the dollar rose against the euro after a Federal Reserve official raised the prospect of a retreat from monetary stimulus next month.

  • MOSCOW, Nov 13- Canadian miner Uranium One Holding, acquired this year by Russian state-owned reactor builder and supplier Rosatom, said it would freeze expansion projects in Russia and elsewhere due to low uranium prices. "Given the unfavourable market environment, we have decided to freeze expansion projects both in Russia and abroad," Zhivov said.

  • China switches track in hunt for West African iron ore Tuesday, 12 Nov 2013 | 11:10 PM ET

    LONDON/ MELBOURNE, Nov 12- When a Chinese official said his country wanted half its iron ore imports to come from firms with Chinese involvement in five to 10 years, investors bet West Africa would benefit.

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