Mining firms prompt bright start for FTSE

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Mining firms have contributed to a bright start for the FTSE 100, which is up 25 points, or 0.39%, to 6575.9, but a mining firm is also one of the morning's biggest losers.

Mineral resource mining firm Rio Tinto is leading the way, up 225 points, or 6.81%, to £35.30. Following up behind it is electronic retailer DSG International, up 6.2 points, or 3.7%, to 173.9p, and copper mining firm Kazakhmys, up 33 points, or 2.8%, to £12.11. However, these early gains are under threat from losses for business software supplier Sage Group, which is down 11 points, or 4.1%, to 257.25p, and copper mining firm Antomagasta, down 14.25 points, or 2.51%, to 554.25p. Insurance firm Old Mutual is also down in early trading, shipping four points, or 2.21%, to 177p. In the U...

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