* LME metal contracts seen eventually moving to renminbi (Adds details, quotes, background)
Gaborone, Oct 20 - Russia's Norilsk Nickel , the world's top nickel and palladium producer, said it had agreed to sell stakes in two African nickel mines for $337 million to BCL, a Botswana-based copper mining firm looking to expand.
Oct 20 - Coal miner Peabody Energy Corp reported a much lower-than-expected quarterly loss as it controlled costs in Australia amid falling prices.
Oct 20 - Platform Specialty Products Corp said it would buy Arysta LifeScience Ltd for about $3.51 billion, Platform's third acquisition this year as the company looks to strengthen its agrichemicals business.
Oct 20 - Coal miner Peabody Energy Corp reported a quarterly loss, compared with a profit a year earlier, hurt by lower prices.
Reuters Market Eye - The BSE Sensex is up 0.5 percent and the Nifty rises 0.48 percent.