However, Standard Life Investments said it would vote against the merger, on the grounds that the deal price undervalues Xstrata. Elsewhere in the mining sector, Randgold Resources Ltd. declined 3.6%, Eurasian Natural Resources Corp. fell 2.6%,...

Glencore International PLC and Xstrata PLC said they have agreed to an all-share merger of equals. Xstrata dropped 2.1%, while Glencore added 1.7%. Randgold Resources Ltd. declined 2.2%, Eurasian Natural Resources Corp. pulled back 2%, Antofagasta PLC...

Plc (KAZ), Kazakhstan’s biggest copper producer, gained to the highest in more than five months in London trading after beating its output target for last year and forecasting a similar figure for 2012. Kazakhmys advanced 81 pence, or 7.3 percent, to...

With the US dollar hammered by the prospect of near-zero interest rates until the end of 2014, commodity stocks were in demand. Vedanta Resources set the pace in London, up 9 per cent or 100p at 1252p. Kazakhmys rose 81p to 1194p, while Rio Tinto...

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Cathode production from the company’s own concentrate fell by 1.6% to 298,500 tonnes in 2011, on lower concentrate output which totaled 304,900 tonnes compared with 337,900 tonnes a year earlier. A 1.5% increase in mined ore to 33.4 million tonnes was...