London pre-open: FTSE set for flat start

City sources predict the FTSE 100 will open down one point from Friday's close of 5,514, following losses in the previous two sessions which knocked more than 100 points off the index. Electricity generating group International Power has announced that is has refinanced its debt facilities at the Hazelwood and Loy Yang B power plants in Australia. The group, 70%-owned by French power titan GDF SUEZ, says that the A$652m (around £420m) of debt at its 1,542MW Hazelwood plant will be repaid from GDF's corporate resources. The current facility for the plant will be repaid on June 29th.Anglo American and Chile's Codelco have agreed to extend talks as they seek to negotiate an agreement in their bitter battle over the former's Anglo Sur assets. Both parties requested continued suspension of their legal proceedings on Friday at a Santiago court until Tuesday 17th July 2012 to allow talks to continue. The argument centres around state-owned copper firm Codelco announcing it wanted to exercise an option to buy 49% of Anglo Sur.Platinum group metals (PGMs) producer Lonmin has closed its Rowland shaft in South Africa after one of its workers died. The fatality took place on Friday June 22nd, the company said, but no details about the incident were given. The company immediately stopped the Rowland shaft, informed the Department of Mineral Resources and began an investigation. Anglo American