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  • UPDATE 1-Vale sells another coal mine in Australia Wednesday, 26 Aug 2015 | 11:03 PM ET

    RIO DE JANEIRO/ SYDNEY, Aug 26- Brazilian mining giant Vale has continued its disposal of non-core holdings, agreeing to sell a mothballed coal mine in Australia jointly to Glencore Plc and Bloomfield Group for an undisclosed sum. Vale in July sold another coal mine in Australia to a local operator for A $1 amid a sector downturn that has claimed thousands of jobs...

  • PRECIOUS-Gold steadies after worst day in 5 weeks Wednesday, 26 Aug 2015 | 8:58 PM ET

    MANILA, Aug 27- Gold steadied early on Thursday after suffering its biggest fall in five weeks the session before as Wall Street rallied, while comments from a top Federal Reserve official that a U.S. rate hike next month looks "less compelling" could support sentiment. *Spot gold was flat at $1,125.06 an ounce by 0034 GMT, after dropping 1.3 percent on Wednesday, its...

  • Monsanto abandons takeover bid for Swiss rival Syngenta Wednesday, 26 Aug 2015 | 11:16 AM ET

    WASHINGTON— Agricultural business giant Monsanto is abandoning its takeover bid for competitor Syngenta AG after the Swiss chemical producer rejected its latest offer of nearly $47 billion. A combination with Basel- based Syngenta would have made Monsanto the world's largest producer of farming chemicals, in addition to its market-leading seed business.

  • *Gold down for third straight session. LONDON, Aug 26- Gold slipped 2 percent on Wednesday as the dollar gained and shares recouped some of their earlier losses, while investors kept a close eye on China's efforts to support its economy. Gold's losses also hurt sentiment in the more industrial precious metals.

  • *Gold down for 3rd straight session. *Palladium not far off 5- year trough. LONDON, Aug 26- Gold slipped on Wednesday, tracking losses in other markets as concerns remained about China's economic slowdown even after it eased monetary policy.

  • BUCHAREST, Romania— Officials in Romania say 25 miners are protesting more than 200 meters down in a mine, complaining that authorities will not give them an operating license. Mine manager Gabriela Dobrota said a further 79 miners joined the protest on Wednesday, gathering outside the Baita Plai mine some 520 kilometers northwest of Bucharest.

  • JOHANNESBURG, Aug 26- South Africa's mining industry, unions and the government have committed to a broad plan to stem job losses, including boosting platinum by promoting the metal as a central bank reserve asset, according to a draft agreement seen by Reuters on Wednesday. Brazil, Russia, India, China and South Africa comprise the BRICS. The gravity of the...

  • VIENNA, Aug 26- Austrian high-end steel maker Voestalpine might not stick to its plan to start building a specialised steel plant in China this year but still wants to expand there in the long term, its chief executive told Reuters in an interview. Voestalpine has been relatively shielded from the slump in Chinese markets and cheaper Chinese steel exports as it...

  • JOHANNESBURG, Aug 26- South Africa's Eskom said on Wednesday it wants compensation from Glencore's mining subsidiary Optimum if it is unable to supply coal to its Hendrina power plant. Administrators for Glencore's South African coal mining subsidiary suspended the firm's supply agreement with Eskom last Thursday while the mining unit undergoes a...

  • JOHANNESBURG, Aug 26- South Africa's Eskom said on Wednesday it wants compensation from Glencore's mining subsidiary Optimum if it is unable to supply coal to its Hendrina power plant. "If they are unable to provide coal to us, they need to compensate us for not meeting their obligations. We have a three year agreement with them, "Eskom spokesman Khulu Phasiwe told...

  • --Clyde Russell is a Reuters columnist. The scaling back of BHP's China steel forecast leaves Sam Walsh, the chief executive of rival Rio Tinto, as one of the last holdouts for a peak above 1 billion tonnes. Walsh is starting to cut a lonely figure when it comes to China's peak steel, with the market consensus increasingly swinging behind the view of the China Iron&...

  • MELBOURNE, Aug 25- BHP Billiton promised to keep its dividends even as it reported its worst underlying profit in a decade on Tuesday, hurt by plunging iron ore, copper, coal and oil prices. BHP and its peers have been hit after they hiked output of iron ore, copper and coal just as demand growth slowed in China, the top global metals consumer, and have been slashing costs...

  • Farm income seen falling 36% in 2015 Tuesday, 25 Aug 2015 | 5:18 PM ET
    Three farm tractors in a freshly cut cornfield near Visalia, California.

    According to USDA, net farm income is forecast to be $58.3 billion in 2015. That's far worse than the government's February outlook.

  • *European, U.S. stocks rally after China cuts rates. NEW YORK/ LONDON, Aug 25- Gold fell more than 1 percent on Tuesday after an interest rate cut from China helped global markets rebound from the previous day's rout, with stocks rallying and the dollar also gaining, while palladium sank more than 7 percent to a five-year low. Palladium saw the steepest losses by far in...

  • The Silverton Board of Trustees and the San Juan County Commission approved a joint resolution Monday to seek the money. The U.S. Environmental Protection Agency had pushed for 25 years to grant Superfund status to the Gold King mine and other idled 19th century mines leaking heavy metals above Silverton. Local authorities spurned federal intervention,...

  • CFTC to meet with Alcoa on LME warehouse reform Tuesday, 25 Aug 2015 | 1:13 PM ET

    NEW YORK, Aug 25- The chairman of the U.S. commodities regulator and aluminum producer Alcoa Inc will meet this week to discuss metals warehousing reform, a spokesman for the agency said on Tuesday. The meeting between U.S. Commodity Futures Trading Commission chairman Timothy Massad and a representative from Alcoa will take place on Wednesday afternoon.

  • Albemarle moving corporate headquarters to Charlotte Tuesday, 25 Aug 2015 | 12:53 PM ET

    NEW YORK— Albemarle is moving its corporate headquarters and performance chemicals business from Baton Rouge, Louisiana, to Charlotte, North Carolina. The specialty chemicals company said that it's also moving workers at its refining solutions business in Baton Rouge to an existing office in Clear Lake, Texas. Albemarle Corp. said that about 120 of its...

  • LONDON, Aug 25- Copper prices rose on Tuesday after China cut its benchmark interest rates, raising hopes the move will help bolster economic growth and increase demand in the world's largest consumer of industrial metals. China's central bank cut interest rates and bank reserve requirements to boost liquidity, saying the world's second-biggest economy...

  • HORSHOLM, Aug 25- Food ingredients business Chr. Hansen is branching out with products that could displace chemical pesticides, looking to tap expected rapid growth in biological plant protection, its chief executive told Reuters. From natural food colouring to probiotic bacteria, Chr. Hansen has fed increased demand for natural products and more western...

  • LONDON, Aug 25- Copper prices rose on Tuesday after China cut its benchmark interest rates, raising hopes the move will help bolster economic growth and increase demand in the world's largest consumer of industrial metals. China's central bank cut interest rates and banks' reserve requirements to boost liquidity and said the world's second-biggest economy...

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