BUZZ-UK Mining cos: Climbing out of the hole

Tue Aug 25, 2015 4:19am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

** Shares in mining companies listed in London rebound after plummeting on Monday on fears of slowing Chinese demand

** Mining companies have been especially sensitive to concerns that China's industrial activity is slowing down

** Shares in miners of base metals BHP Billiton, Antofagasta, Rio Tinto, Glencore, Anglo American up 3.3-6.3 pct, leading the FTSE 100

** Gold miner Randgold down 2 pct, one of two FTSE 100 stocks in the red, after spot gold falls

** BHP reported a 52 pct drop in FY profit on Tuesday; Antofagasta said H1 EBITDA fell 49 pct

** Results "irrelevant" to market at the moment, trader says, pointing to rebound in Hong Kong for upturn in sentiment (