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Sector Update: Base-Metals Miners Sinking on Growth Anxieties, Lose Over 5%

Basic materials and industrial metals are taking their lumps today as signs of slowing economic growth stokes anxiety demand will slide, with the S&P/TSX Diversified Metals and Mining Index falling another 5% today following a 7.6% slide in Thursday's selloff.

Among the miners seeing the steepest drops today are:

Eastern Platinum Ltd (ELR.TO) $0.82 -0.08 -8.9%

General Moly (GMO.TO) $3.55 -0.42 -10.6%

Grande Cache Coal (GCE.TO) $6.76 -0.79 -10.4%

Bayswater Uranium (BYU.V) $0.305 -0.045 -12.9%

Forum Uranium (FDC.V) $0.105 -0.015 -12.5

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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