MOORE MCCORMACK <MMC> TO SELL GLOBE UNIT Moore McCormack Resources Inc said it agreed in principle to sell its Globe Metallurgical Inc unit to Cyprus Minerals Co <CYPM> for undisclosed terms. The sale, expected to close by mid-April, is subject to certain conditions, including board approval at both companies. Globe produces silicon metals and magnesium ferrosilicon. The products are used in the chemical, aluminum, iron, rubber and semiconductor industries.