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PRECIOUS-Gold edges lower for second session on stimulus fears
ReutersSINGAPORE, June 14 (Reuters) - Gold eased for a second session on Friday as investors worried about an early end to the Federal Reserve's massive bond-buying stimulus on the back of strong U.S. data. FUNDAMENTALS * Spot gold fell 0.1 percent to $1,384.01...Tags: Economy, Business and Finance, Finance, Casino and Gambling Industry, Unemployment Benefits, Federal Reserve
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Deals of the day -- mergers and acquisitions
Reuters(Adds MMTC, Societe Generale, Alacer Gold, Fortis Inc; updates Gannett Co) June 13 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday: ** U.S.-based Royalty Pharma said it did not appear to have the...Tags: Restructuring and Recapitalization, Shipbuilding, Property, Real Estate Buyers, Shareholders
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CANADA STOCKS-TSX may open lower on stimulus worries; eye on Empire Co
ReutersJune 13 (Reuters) - Canada's main stock index looked set to open lower on Thursday, following a global equity market sell-off driven by worries over the possible scaling back of central bank monetary stimulus. Shares of Canadian grocers are expected to...Tags: Imperial Oil Limited, Mining, TransCanada Corporation, Petroleum Industry, Safeway Inc.
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FEATURE-Serbia may be on cusp of mining revival after years of decline
ReutersBy Aleksandar Vasovic and Stephen Eisenhammer BOR, Serbia/LONDON, June 13 (Reuters) - Serbia's mining sector, stagnant since the wars that tore Yugoslavia apart in the early 1990s, looks set for a revival as volatile commodity prices increase the...Tags: Mining, Slobodan Milosevic, Politics, Gabriel Resources Limited, Austria
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Serbia may be on cusp of mining revival after years of decline
ReutersBOR, Serbia/LONDON (Reuters) - Serbia's mining sector, stagnant since the wars that tore Yugoslavia apart in the early 1990s, looks set for a revival as volatile commodity prices increase the allure of countries in Europe with established infrastructure...Tags: Mining, Slobodan Milosevic, Politics, Gabriel Resources Limited, European Union
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Alacer Gold hoping to sell Australian assets; shares jump
ReutersJune 13 (Reuters) - Shares of Alacer Gold Corp rose nearly 9 percent on Thursday after the mid-tier gold miner said it was looking to sell its Australian assets and focus on mining and exploring in Turkey. The company said late on Wednesday that it had...Tags: Toronto Stock Exchange, Gold and Precious Material
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FACTBOX-U.S. coal-fired power plants scheduled to shut
ReutersJun 13 (Reuters) - U.S. power companies have shut or converted over 15,000 megawatts (MW) of coal-fired power plants since 2009 and have plans to shut or convert another 35,000 MW over the 10 years or so. Cheap natural gas prices and strict...Tags: Allete Inc., FirstEnergy Corp., Hopewell (Hopewell, Virginia), Will County, TransAlta Corporation
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CORRECTED-Allete to reduce emissions at Minnesota coal-fired power plant
Reuters(Corrects to say Minnesota regulators did not approve of the project, just decided it does not need an environmental assessment) June 12 (Reuters) - Minnesota utility regulators decided Minnesota Power did not need an environmental assessment to move...Tags: Energy Resources, Allete Inc., Coal, Mining
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COLUMN-Market appears too relaxed about China copper outlook: Clyde Russell
ReutersBy Clyde Russell LAUNCESTON, Australia, June 13 (Reuters) - The market may be too sanguine about the outlook for copper prices, as import demand in top consumer China shows signs of increasing just as an anticipated global supply surplus is looking...Tags: Inventories, Japan, BHP Billiton Plc., Non Ferrous Metal, Shanghai (China)
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PRECIOUS-Gold slips on stimulus concerns
ReutersSINGAPORE, June 13 (Reuters) - Gold fell on Thursday after volatile trading in the previous session on persistent concerns about central banks' support for their economies. FUNDAMENTALS * Spot gold had fallen 0.2 percent to $1,384.84 an ounce by 0003...Tags: Economy, Business and Finance, Finance, Japan, Casino and Gambling Industry, Freeport-McMoRan Copper & Gold Inc
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For GOP, The Comeback Begins In Tolland
The Hartford CourantTo Republicans, this week's special election for a state House seat in rural northeastern Connecticut was a referendum on Democratic Gov. Dannel P. Malloy's budgetary policies. To gun rights advocates, the race turned on the politics of the 2nd...Tags: Dannel P. Malloy , Mining, Parties and Movements, Politics, Connecticut Gun Control Law (2013)
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Rio Tinto sells Eagle project to Lundin for $325 mln
ReutersSYDNEY, June 13 (Reuters) - Mining giant Rio Tinto has agreed to sell its Eagle project to Lundin Mining Corp for $325 million in cash. The sale of the high grade nickel-copper mine and mill is part of the Rio's divestment of non-core assets.Tags: Mining, Lundin Mining Corporation
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Jun 12, 2013
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