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  • MARIANA, Brazil, Nov 12- President Dilma Rousseff on Thursday flew over a devastated part of Brazil's southeast region where two dams burst at an iron ore mine last week, killing at least seven people and swamping a vast area with mud and mine waste. On Wednesday, Rousseff, a native of Minas Gerais, spoke with the chief executives of BHP Billiton Ltd. and Vale SA, the...

  • LONDON, Nov 12- U.S. natural gas production hit a new record in August, despite the deepening slump in gas prices and a fall in the number of rigs targeting gas formations. The United States produced 2.5 trillion cubic feet of gas in August, up 7 percent compared with the same month in 2014, according to the U.S. Energy Information Administration.

  • *Monsanto says confirms regulatory opinion glyphosate safe. The EFSA advises EU policymakers and its conclusion could pave the way for the 28- member European Union to renew approval for glyphosate, which was brought into use by Monsanto in the 1970 s and is used in its top selling product Roundup as well as in many other herbicides around the world.

  • *Gold recovers from lowest since early August, eyes Fed. *Platinum hits lowest in nearly 7 years after ETF outflows. LONDON, Nov 12- Gold hit a three-month low on Thursday, under pressure from expectations that the U.S.

  • *Now sees 3.58- 3.65 bln euros in 2015 adj EBITDA. FRANKFURT, Nov 12- German drugs and chemicals maker Merck KGaA has raised its full-year core earnings forecast in response to strong demand for its lab supplies and on the back of its $17 billion Sigma-Aldrich purchase. The Sigma-Aldrich deal, which got regulatory approval this week, will make Merck's Life Science...

  • *Gold recovers from lowest since early August, eyes Fed. *Platinum hits lowest in nearly 7 years after ETF outflows. LONDON, Nov 12- Gold edged off the previous session's one-month low on Thursday but remained depressed, awaiting more clarity on the outlook for U.S. monetary policy from Federal Reserve officials speaking later in the day.

  • BRUSSELS, Nov 12- The European Food Safety Authority on Thursday said glyphosate, the active ingredient in Monsanto weedkiller Roundup, was unlikely to cause cancer in humans, but it proposed new controls on any residues in food. EFSA advises EU policymakers and its conclusion will be used by the European Commission to decide whether to extend the current...

  • Nov 12- Anglo American on Thursday announced several management changes, including the resignation of the chief executive of its iron ore business in Brazil and the appointment of a new CEO for its marketing business. The mining group said Paulo Castellari had stepped down as the head of its iron ore unit in Brazil to pursue other opportunities, but would stay on...

  • Copper prices have hit a new weak spot after lackluster data from China spooked investors, and Goldman Sachs doesn't anticipate an improvement.

  • MANILA, Nov 12- Copper prices steadied on Wednesday but were still near a six-year trough amid growing evidence of a slowdown in top user China that has also kept other base metals close to multi-year lows. *More signs of China's economic slowdown led some to believe that Beijing may cut interest rates further. But INTL FCStone analyst Edward Meir said they would...

  • Nov 11- The founder and former chief executive officer of Alpha Natural Resources, among the largest U.S. coal companies, objected on Wednesday to Alpha's plan under bankruptcy to drop benefits for more than 4,500 miners, spouses and their dependants. Former Alpha CEO and Chairman Michael Quillen said eliminating retiree health benefits of thousands of...

  • The collecting machine will draw ground up rock from the surface into the pumps that carry it up to the ship.

    Nautilus Minerals just debuted the equipment that may make it the first company to seriously mine the ocean floor.

  • *SPDR Gold Trust holdings fall to lowest in 7 years. *Platinum slides to lowest since December 2008. NEW YORK/ LONDON, Nov 11- Gold edged down to a three-month low on Wednesday, failing to benefit from a softer dollar, as pressure from an anticipated U.S. rate hike as soon as next month persisted.

  • BISSAU, Nov 11- Toronto- listed Canadian miner GB Minerals said on Wednesday it has completed a feasibility study for a $200 million phosphates project in Guinea-Bissau that will start producing in 2018.. A two-month power vacuum in the coup-prone West African country delayed progress on several major deals and aid projects but a new government was installed...

  • *China October factory growth cools more than expected. LONDON, Nov 11- Zinc and lead recovered from multi-year lows on Wednesday and copper steadied, having earlier veered towards a six-year trough after a gauge of top metals consumer China's factory health showed ongoing weakness in the world's top metals consumer. China's October factory output growth...

  • MARIANA, Brazil, Nov 11- The Brazilian government on Wednesday said it may fine mining giants BHP Billiton Ltd and Vale SA for the "environmental catastrophe" caused by ruptured dams at an iron ore mine jointly owned by the companies in a southeastern state. The warning also came as the chief executives of Australia- based BHP, the world's largest mining company, and...

  • *China October factory growth cools more than expected. LONDON, Nov 11- Zinc and lead hit multi-year lows on Wednesday while copper steadied, having veered towards six-year lows earlier after a gauge of China's factory health showed ongoing weakness in the world's top metals consumer. Global equities shrugged off the data, while copper steadied in afternoon...

  • MARIANA, Brazil, Nov 11- The chief executives of BHP Billiton Ltd and Vale SA on Wednesday surveyed the devastation caused by burst dams at a Brazilian mine owned by the mining giants, as the human and environmental toll from the disaster mounted. BHP CEO Andrew Mackenzie flew to Brazil this week as Vale CEO Murilo Ferreira came under increasing fire from local...

  • *China October factory growth cools more than expected. *Zinc falls despite Nyrstar plans to cut output. LONDON, Nov 11- Zinc and lead hit mult-year lows on Wednesday while copper veered towards six-year lows after a gauge of China's factory health showed ongoing weakness in the world's top metals consumer.

  • *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...

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