Mining stocks cause FTSE's biggest fall in six weeks

Shares in the Anglo-Australian miner and oil producer fell 38.50p, or 4.6%, to 804p after it said net oil and gas production could be as much as 8% down from previous 2006 guidance, partly due to damage from hurricanes Katrina and Rita. Cairn Energy also performed badly dropping 119p, or 6.49%, to 1716p, as news emerged that four of its top executives have sold huge chunks in the group. Antofagasta was another loser as it fell 74p, or 4.81%, to 1463p. There were few risers today though food groups seemed to make up most of the bullish stocks. Associated British Foods led the way with a ...