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Mining and commodities giant Glencore, weighed down by debt as it struggles against a commodity price crash, announced Friday it is slashing its worldwide output of zinc by one third. "The main reason for the reduction is to preserve the value of Glencore's reserves in the ground at a time of low zinc and lead prices, which do not correctly value the scarce nature of our resources," the miner said in a statement. Glencore, which claims to be one of the world's largest miners and producers of zinc, said it was slashing its zinc production by 500,000 tonnes across its operations in Australia, South America and Kazakhstan.
An escort's allegations in a tell-all book that former Louisville men's basketball staffer Andre McGee hired her to provide dancers to strip and have sex with Cardinals recruits, their fathers and players stunned the college basketball world when word of its pending release surfaced a week ago.
By Garba Muhammad KADUNA, Nigeria (Reuters) - Three years after his family fled their northeastern Nigerian home to escape threats from Boko Haram militants, Mudasir Gambo must have thought his luck had changed when he won a ticket to attend the annual haj pilgrimage in Saudi Arabia.