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Rio to slash spending by more than AUD$5 billion

Marc Howe | November 29, 2012 | 1:59 am Base Metals Energy Precious Metals Australia Europe Coal Copper Diamond Gold Iron Ore 

In a further sign that the global resources sector has reached a rough impasse diversified mining titan Rio Tinto (ASX:RIO) has announced that it will slash spending by more than AUD$5 billion over the next two years in response to...

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