Antofagasta stock jumps after Goldman upgrade as copper prices keep miners in focus
London, Jan 9, 2026, 11:30 GMT — Regular session Antofagasta shares rose 3.5% to 3,452p on Friday, clawing back ground after two straight down sessions, with the stock trading between 3,378p and 3,482p so far. The copper miner is still below its 52-week high of 3,549p. The lift followed a Goldman Sachs upgrade to “buy” from “neutral”, with the broker setting a 12-month target of 4,000p. Goldman pointed to higher expected first-half 2026 copper prices and flagged “speculative inflows and tight ex-US inventories”, while warning that volatility could run into the second quarter as U.S. tariff decisions approach. (Investing.com) That