crude oil

Arctic voyage opens way for ‘ice rush’

A gas tanker’s 6,000-mile journey through Russia’s icy northern seas points to new transport and trade opportunities amid warnings on climate change

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Reid to step down as Xstrata finance head

Departure likely to heighten some investors’ fears of an exodus of senior managers after the miner’s takeover by trading house Glencore

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Posco seeks stake in Canada iron ore mine

South Korean steelmaker has secured exclusive negotiating rights for a 15% stake in ArcelorMittal Mines Canada worth more than $1bn

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