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MINER'S RIGHT
Noble divide amid longer trading shadows
Oil and mining rarely mix well, a bit like oil and water, but there are trends in the oil industry which contain a worrying message for mining with troubles at Noble Group, an Asian-focussed commodity trader, an early warning of what might lie ahead.
The mining company watching events at Noble most closely is Glencore, thanks to its big trading arm, but other mining leaders such as BHP Billiton and Rio Tinto will also be casting a concerned eye over...
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