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The Guardian: Miners lifted by shiny prospects for base metals

Nick Fletcher
Tuesday May 22, 2007

EXTRACTS

Still among commodities, the gas exploration group BG was 11.5p better at 791.5p on talk that it could be a takeover target for the US giant ExxonMobil.

Oil made an early surge with Brent crude moving above $70 a barrel after a fresh gun attack on a facility in Nigeria, the world’s eighth-largest exporter. It fell back later but was still up on the day, helping lift Royal Dutch Shell B shares 42p to £19.48 and BP 11.5p to 593.5p. Last week it may be recalled, there was a spate of speculation of a possible merger between the two oil groups.

For the full report go to…

http://business.guardian.co.uk/marketforces/story/0,,2085215,00.html

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