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Snap news

Breaking pre-market news on Wednesday,

- Rio Tinto to invest further $3.1bn in Pilbara mine — statement.

- BHP Billiton loses local government backing for Potash bid — report.

- Home Retail benchmark pre-tax profit tumbles 23 per cent; Argos sales fall sharply — statement and statement.

- Tom Cross resigns from Dana Petroleum — statement.

- Corporate: BHP Billiton, BAE Systems, Xstrata, Sports Direct, Stobart GroupNighthawkBASF.

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