CAPITAL MARKETS

Salomon cuts rating for Nuevo Grupo Mexico

US INVESTMENT bank Salomon Smith Barney has cut its rating for mining giant Nuevo Grupo Mexico to

Greg Tubby

Previously rated a "buy, high risk" stock, the cut came amid a reduction in average copper prices for the fourth quarter to US83c per pound from US85c/lb. The investment bank said it had reduced its...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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