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Glencore shrinks production estimates, sinking Europe markets

Dave Morris
Glencore shrinks production estimates, sinking Europe markets

Mega-miner Glencore PLC’s cuts to its production guidance sank European markets Tuesday, dragging down fellow miners in the process. In Germany, the DAX (DX:DAX)(DAX) was down 0.1% to 12,315.2 reversing Monday’s 0.1% climb.