"The collapse of the Xstrata deal had a positive affect on the rest of the sector. Analysts said Xstrata could now turn its attention to other deals such as acquiring Lonmin, up 2.5 per cent to £31.01, or a reverse takeover of Anglo American, up 3.6 per cent to £29.45."
http://www.ft.com/cms/s/0/1c8c7bac-fb05-11dc-8c3e-000077b07658.html