Miners Drop as Rio Tinto Plans Dividend Cut Amid Profit PlungeBy
FTSE 350 Mining Index Declines as Glencore, BHP retreat
Nickel prices drop to the lowest since 2003 in London
Mining shares fell after Rio Tinto Group, the world’s second-biggest metal producer, said it could cut its dividend by as much as half as a collapse in commodity prices ravages profits. Nickel dropped to the lowest since 2003.
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