FTSE soars as miner climbs continue

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A strong showing from the mining sector has helped the FTSE 100 rise in early trading this morning, increasing 110.58 points, or 2.8%, to 4,066.51.

Lonmin, BHP Billiton, Xstrata and Vedanta Resources are all performing well again after widespread gains yesterday. Kazakhmys leads the way with a 9.2% rise, with its shares up to 427.50p. Xstrata continued its recent gains amid speculation it could be a target for one of its rivals, with its price up 6.95% to 546p this morning. Barclays leads the way in the banking sector after the European Union dropped its case against Mastercard's transaction fees. The bank's price was up 7.45% at 168.70p. Standard Chartered has seen its share price rise climb after snaring an equity stake in cons...

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