World's Fifth Largest Miner Announces Massive Layoffs, Suspends Dividend, Sells 60% Of Portfolio
• http://www.zerohedge.comIf you're a miner, this is "not the time for courage" (to borrow a classic Gartman-ism). The global slump in commodities shows no sign of abating and a stubborn OPEC isn't doing anything to help matters.