Financial Times FT.com

Miners keep FTSE down

By Neil Hume

Published: December 19 2008 08:51 | Last updated: December 19 2008 20:44

Anglo American, BHP Billiton, Rio Tinto and Xstrata all came under pressure on Friday after UBS slashed its coal price forecasts.

Coal is a very important cash generator for the UK’s big four mining companies, especially Xstrata and Anglo American.

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