DJ BASE METALS HIGHLIGHTS: Top Stories Of The Day 

DJ BASE METALS HIGHLIGHTS: Top Stories Of The Day

Dec 04, 2012 (Dow Jones Commodities News via Comtex) --
STORIES OF INTEREST:

Abramovich Buys Norilsk Stake to Settle Shareholder Fight

Russian aluminum giant United Co. Rusal PLC (0486.HK) said Tuesday that billionaire Roman Abramovich had agreed to purchase a 7.3% stake in Norilsk Nickel (NILSY) worth about 2 billion in a move to settle a four-year battle over control of the world's largest nickel and palladium producer.

Xstrata CFO Quits Role in Combined Glencore-Xstrata

The chief financial officer of the Anglo-Swiss miner Xstrata PLC (XTA.LN) Trevor Reid said Tuesday he won't be taking up his position as CFO of the combined Glencore-Xstrata PLC commodities group once the multi-billion dollar merger has been completed.

EMED Mining Sees Spanish Rio Tinto Mine Output Above First Estimate

EMED Mining Public Ltd. (EMED.LN), a copper miner focused on re-opening the Rio Tinto mine near Seville in Spain, expects to ramp up production significantly faster than it previously outlined, and could reach up to 12 million tons of copper a year, its chief geologist said Tuesday.

(END) Dow Jones Newswires

12-04-12 0939ET

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