FTSE volatile as miners surge forward

Mining firms led the way despite fears of a slowdown in demand for raw materials, with Eurasian Natural Resources up 5.56% to 589p, closely followed by Kazakhmys, which saw shares rise 5.52% to 679p. Vedanta, Rio Tinto and Xstrata were also among the biggest gainers, up 3.62%, 3.27% and 2.82% respectively. British Airways shares were hit after the firm announced its first full-year loss in seven years, down 5.59% to 153.7p. Liberty International shares fell 5.65% to 338.25p after the firm announced a 77% take-up for its open share offer. On Wall Street, share prices failed to recove...