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Northern Iron tightens the belt

TAKEOVER target Northern Iron has cut jobs, suspended exploration and deferred non-essential capi...

Kristie Batten
Northern Iron tightens the belt

Due to unplanned maintenance outages, a generator failure and a minor train derailment this month, the company dropped its 2012 guidance to 2.1 million tonnes from 2.2Mt at the Sydvaranger mine in Norway....

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