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Mining industry faces woes worldwide

Posted on 26 January 2009

From AP: Withering cost cuts across the mining industry have left tens of thousands of people without jobs from the Arizona desert to the Andes - and there is a litany of evidence that the situation is growing worse.

International mining companies also have postponed or canceled projects and padlocked the gates to mines as consumers have cut spending on cars, jewelry and housing….. Full Article: Source


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