FTSE falls nearly 2% on miner losses

London's blue-chip index slid 81.14 points (1.83%) to 4,360.81 by 9:10am. Mining stocks such as Platinum producer Lonmin and Vedanta Resources saw the biggest decreases. Lonmin plummeted 7.70% to £13.30, after news its main furnace in South Africa had shut down due to an accident on Sunday. Eurasian Natural Resources and Rio Tinto followed close behind, down 5.84% to 693p, and 4.81% to £29.66, respectively. Vedanta, meanwhile, slid 4.69% to £15.24. It followed the steep declines on Friday, when the company announced the issue of $1bn in convertible bonds. The falls offset positive n...