US EditionMining giants slash dividends amid falling commodity prices
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Mining giants slash dividends amid falling commodity prices
THE world’s largest mining companies are delivering their smallest shareholder payouts in years as declining mineral prices and massive capital expenditure requirements force cash conservation efforts across the sector, said Reuters on Thursday. Rio Tinto, Anglo American and Glencore have all reported reduced first-half earnings, with BHP expected to continue the downward trend when releasing results on August 19, the newswire said. The companie…
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