XTA

"Fears of a recession in the United States curbing demand for copper from America and China weighed on copper miners, yet Xstrata bucked the trend, rising 12p to £35.12 amid talk of a bid this week from Vale, its Brazilain peer. Analysts at Merrill Lynch said a deal was feasible if Vale put its iron ore assets into a London-listed vehicle alongside Xstrata"

http://business.timesonline.co.uk/tol/business/markets/article3267842.ece