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  • CHICAGO, Dec 2- Syngenta AG on Wednesday cleared one U.S. regulatory hurdle toward domestic marketing of corn seeds containing a trait that is genetically engineered to resist weed killers including glyphosate. Syngenta "may freely move and plant this crop without APHIS permits or additional regulatory oversight from us," he said. Syngenta must still complete...

  • TORONTO, Dec 2- Rio Tinto announced it has unearthed one of Canada's largest-ever, gem-quality rough diamonds at its Diavik diamond mine in the remote Northwest Territories, a 187.7- carat stone called the Diavik Foxfire. The gem, now being showcased at Kensington Palace in London, will later be assessed at Rio Tinto's diamond sales and marketing hub in Antwerp.

  • *China output cut pledge could spark short covering. LONDON, Dec 2- Copper prices fell on Wednesday on a strong dollar and persistent worries over demand in China, but a pledge by Chinese smelters to cut output and continued falls in stockpiles raised prospects for a short-covering rally. On Tuesday, 10 major copper smelters in China, the world's top copper...

  • *China output cut pledge could spark short covering. LONDON, Dec 2- Copper slipped on Wednesday on persistent worries over flailing demand in top metals user China, but a pledge by Chinese smelters to cut output and continued falls in stockpile levels increased prospects for a short-covering rally. Ten major copper smelters in China said on Tuesday they would...

  • LONDON, Dec 2- Copper slipped on Wednesday on persistent worries over flailing demand in top metals user China, but a pledge by Chinese smelters to cut output put a firm floor under prices and amplified the risk of a short-covering rally. Ten major copper smelters in China said on Tuesday they would cut output by 350,000 tonnes next year, and also asked the...

  • *Traders skeptical on output cuts as China industry profitable. MELBOURNE, Dec 2- London copper slipped on Wednesday on persistent worries over economic growth in top consumer China, but traders said a pledge by Chinese smelters to cut production put the market at risk of a huge short-covering rally. China's 10 major copper producers have asked the government...

  • NEW YORK, Dec 1- Brazil's Vale SA said November's deadly mining disaster could cost it at least $443 million, but it was too early to put a price tag on what it expects to be a long clean-up from the pollution spilled in the dam burst. Chief Executive Officer Murilo Ferreira said environmental recovery from the disaster on Nov. 5 at the Samarco joint venture co-owned...

  • NEW YORK, Dec 1- Brazil's Vale SA said November's deadly mining disaster could cost it at least $443 million, but said it was too early to put a price tag on what it expects to be a long clean-up from the pollution spilled in the dam burst. Chief Executive Officer Murilo Ferreira said environmental recovery from the disaster on Nov. 5 at the Samarco joint venture...

  • LONDON, Dec 1- European shares fell on Tuesday, weighed down by a slump in Linde after the world's biggest industrial gases company by sales cut its 2017 profit target. Linde tumbled 14.3 percent, dragging down sector peer Air Liquide, and together they took the most points off the pan-European FTSEurofirst 300 index. Mirabaud Securities equity sales executive...

  • LONDON, Dec 1- European shares fell on Tuesday, weighed down by a slump in Linde after the world's biggest industrial gases company by sales cut its 2017 profit target. Mirabaud Securities equity sales executive Rupert Baker said Linde's woes showed that the recent European stock market rally was of a "low quality," driven by prospects of more aid from the European...

  • Dec 1- Canadian Oil Sands Ltd set a 2016 capital expenditure budget that was 35 percent lower than what it expected to spend this year, becoming the latest North American energy company to further tighten its belt as oil prices slump. Canadian Oil Sands said lower production costs at the Syncrude oil sands project- Canada's largest single-source producer of...

  • RIO DE JANEIRO/ SAO PAULO, Dec 1- Brazil's Vale SA prepared investors for a difficult 2016 on Tuesday, unveiling a plan that includes about $6 billion in capital investment cuts and $443 million in expected costs to clean up a November mine disaster. Ahead of the Rio de Janeiro- based mining company's annual "Vale Day" event in New York later Tuesday, Chief Executive...

  • BRASILIA, Nov 30- Brazil filed a lawsuit on Monday against two of the world's largest mining companies for 20 billion Brazilian reais to clean up what it says was its worst environmental disaster, caused by the collapse of a tailings dam. The governments of Brazil and those of two states hit by the damburst sued iron ore operator Samarco and its co-owners, the...

  • SYDNEY, Dec 1- Australia's Roy Hill iron ore mine is set to ship its first cargo, marking the start up of the last of the mining-boom era mega projects in Australia. Iron ore prices have slumped more than 75 percent since construction of the mine began four years ago in partnership with South Korean steelmaker POSCO, Japan's Marubeni Corp and Taiwan's China Steel...

  • BRASILIA, Nov 30- Brazil filed a lawsuit on Monday against two of the world's largest mining companies for 20 billion Brazilian reais to clean up what it says was its worst environmental disaster, caused by the collapse of a tailings dam. The governments of Brazil and those of two states hit by the damburst sued iron ore operator Samarco and its co-owners, the...

  • CHICAGO, Nov 30- Dow Chemical Co has struck a deal to sell a part of its global herbicide business, as low crop prices continue to drive talk of consolidation in the agriculture industry. Dow on Monday said it agreed to sell a portfolio of weed killers known as dinitroanilines to privately held Gowan Company. The farm sector is struggling to cope with falling crop...

  • LONDON, Nov 30- The London Metal Exchange has just launched two steel contracts, one for steel scrap and one for steel rebar. It's the second time the LME has tried to expand its dominant franchise in nonferrous metals markets into the ferrous space. The Shanghai Futures Exchange's steel rebar contract is by a considerable margin the most traded ferrous contract...

  • LONDON, Nov 30- Copper got only a modest boost on Monday from Chinese producers' plan to cut output as gains were capped by a strong dollar and concern over the economy of top metals consumer China. Nine large copper producers in China agreed at the weekend an initial plan to cut refined metal output by more than 200,000 tonnes in 2016, following moves already...

  • *Firms says default certain for repayments on $500 mln 2020 bonds. HONG KONG, Nov 11- China Shanshui Cement warned investors it will default on more than $300 million of onshore debt payments due on Thursday and will seek to appoint liquidators, a sign Chinese authorities are more willing to let weak firms fail. "It's a sign that bailouts are not for everybody and...

  • With an era of cheap government farm credit ending as Brazil tries to curb runaway spending, farmers are seeking different ways to pay for fertilizer and equipment, potentially doubling the share of barter-based financing to 40 percent of the cost of the nation's crops, the most in at least a decade. For merchants, such as Cargill and CHS Inc, the largest U.S....

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