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Commodities eye

Likely dividend cuts erode investors' faith in mining sector

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A miner holds a lump of iron ore at a mine located in the Pilbara region of Western Australia.   © Reuters

BANGKOK -- Despite some recent predictions that the resource market has at last hit rock bottom, global commodities have continued to bust their way to new lows.

     In the past few weeks, all eyes have been on metals. On Wednesday, Chinese bellwether iron ore prices slumped to a fresh 10-year low, $40.60, after dwelling at similar levels for two weeks.

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