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Metals & Mining Report

December 20, 2004

Buy ($175)

Topics covered: US commodity usage, Production increases, Nickel exposure, M&A Activity, German industrial production, Demand growth in China, Canadian dollar pricing impact

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SECTOR ROUNDTABLES
Natural Gas Weighs Heavy On E&P Near-Term Prospects
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ANALYST INTERVIEWS
Uranium Sector Benefits from Strong Demand, Lower Supply
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