SYDNEY: Global miner Rio Tinto boosted its forecast copper output for 2013 after a better-than-expected recovery at its landslide-hit U.S. Kennecott mine, and posted record iron ore and coal output in the third quarter.
Copper production was also buoyed by a ramp-up at the Oyu Tolgoi mine in Mongolia, while Rio said in its third-quarter production report it was on track to beat a target of cutting $750 million in exploration spending this year.
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