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Noranda shares slump on quarterly loss

CANADIAN-based Noranda has hit tough times, reporting a loss for the June quarter and a cut in it...

Tim Treadgold
Noranda shares slump on quarterly loss

The loss of C$15 million compared with a profit of C$47 million in the June quarter last year. The quarterly dividend was cut from C20c to C12c. A stronger Canadian dollar, lower metal prices and a one-off...

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