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28 Jun
15:54

Canada posts monthly gain in iron ore output

Canada's GDP ticked higher in April, with gains in mining output partially offset by a decline in construction output, Kallanish learns from data gathered by Statistics Canada. According to the organisation's latest report, mining sector activity increased 1.8% month-on-month. Part of that increase came from a 7.1% m-o-m increase in other metal ore mining. Iron ore mining operations increased by 3.7% m-o-m. Construction output decreased 0.4% on the month …
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