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Kazakhstan to reduce tax for loss-making miners
Kazakhstan will allow loss-making mining and energy companies to pay a reduced minerals extraction tax.
IB Times Monday, March 30, 2009

Zambia to boost stake in copper mines
Zambia plans to raise its stake in foreign-owned copper mining firms to up to 35 percent in a bid to have a bigger say in the way the mines are run.
IB Times Monday, March 30, 2009

Indian coal mine output boosted by Joy
Modern equipment and mining techniques is substantially boosting output and making for a safer workplace in India's underground coal mining sector.
IB Times Monday, March 30, 2009

Copper miner convinces banks
Zambian copper miner Equinox, which is ramping up Africa's largest copper mine at Lumwana, announces a rescheduling, and achieves a USD 45m reduction in 2009 debt repayments.
IB Times Monday, March 30, 2009

Humans causing climate change - fact or fiction?
Emissions trading schemes and carbon trading are putting a heavy burden on energy costs as governments try to force reductions in carbon emissions - but are they justified? There are doubters out there.
IB Times Monday, March 30, 2009

China's CCB says 10 percent BofA stake 'reasonable'
China Construction Bank (CCB), the world's second-largest lender by market value, said on Monday it would be "reasonable" for major shareholder Bank of America to reduce its stake to 10 percent.
IB Times Monday, March 30, 2009

Elusive ''it'' stalks metals commodities markets
Some have seen "it", others haven't. The economy needs to be seen to reach bottom before real confidence in metals demand re-emerges.
IB Times Monday, March 30, 2009

Petrobras, FUP Agree to Suspend Oil Workers' Strike
After three and a half days of negotiations, Petrobras and FUP reached an agreement to suspend the labor strike started last Monday.
rigzone.com Monday, March 30, 2009

Arena obesity drug disappoints; shares fall
Arena Pharmaceuticals said its experimental obesity drug helped patients shed only about 10 pounds more than those taking placebos, sending its shares down 27 percent.
IB Times Monday, March 30, 2009

Italian luxury EBITDA seen down 21 pct in 2009
The Italian luxury goods sector expects a 21 percent drop in EBITDA this year as the global crisis cuts into sales, fashion industry foundation Altagamma said on Monday
IB Times Monday, March 30, 2009

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