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Global Mining Companies Plans Expansions Iron Ore Mine Output
Global iron ore prices are set to decline sharply in 2009 as demand for the steelmaking ingredient shrinks dramatically as a result of deepening world economic recession.
Japanese Stocks Gain on Oil’s Surge; Mitsubishi Corp. Advances
Bloomberg.com
Japanese stocks rose, led by oil- related companies such as Mitsubishi Corp. and Inpex Holdings Inc., after the price of crude surged the most in 16 months.
Canon Inc. paced gains by exporters after a U.S. index of leading indicators rose last month for the first time since September and Sun Microsystems Inc. reported higher earnings [...]
