Basic Materials


FEATURE-Oil industry swashbucklers hit by war, disease and shale boom

CALGARY, Alberta, Nov 24 - The world has become a more difficult place for the small, intrepid Canadian oil explorers that roam the globe hunting for the next big petroleum discovery.

IPOs, Regulatory News 8:43pm GMT

UPDATE 2-BioMarin buys Prosensa for muscle wasting disorder drug

Nov 24 - BioMarin Pharmaceuticals Inc said it would buy Dutch drug developer Prosensa Holding NV for about $840 million, betting on a drug that has potential to become the first approved treatment for a rare muscle disorder.

5:06pm GMT

UPDATE 1-Vattenfall hires Citi to help sell German lignite assets - sources

* Czech group has expressed interest, German peers declined

UPDATE 2-Russia sends mixed signals on oil output ahead of OPEC meeting

* Russia helps markets by not raising oil output - Energy Minister Moscow may make oil output cuts of 15 mln t in 2015 - paper

4:32pm GMT

UPDATE 2-Uralkali prepares to start repair work at damaged potash mine

* Sinkhole appeared at a nearby mine (Recasts after company clarification on production)

4:19pm GMT
Basic Materials
BHP Billiton PLC 1,621.00p -2.47%
Rio Tinto PLC 2,976.50p -2.15%
Anglo American PLC 1,354.00p -1.88%


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