A miner holds a lump of iron ore at a mine located in the Pilbara region of Western Australia December 2, 2013. The world's second-biggest iron ore miner, Rio Tinto, last week said it would delay the ... more 
A miner holds a lump of iron ore at a mine located in the Pilbara region of Western Australia December 2, 2013. The world's second-biggest iron ore miner, Rio Tinto, last week said it would delay the expansion of its iron ore operations in Australia to 2017 but save $3 billion in the process. It plans to cut capital spending to $11 billion in 2014 from just under $14 billion this year, and sees capital spending at $8 billion in 2015, which would be less than half the level it was in 2012. Picture taken December 2, 2013. REUTERS/David Gray (AUSTRALIA - Tags: BUSINESS ENVIRONMENT) less 
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Reuters | Photo By DAVID GRAY / REUTERS
Tue, Dec 3, 2013 4:25 AM EST