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
Copyright (c) 2012 Dow Jones & Company, Inc.