Anglo American shares climbed 1.2% to 3,418 pence by 0821 GMT, after closing at 3,378 on Friday, Investing.com data showed. The stock fluctuated between 3,378 and 3,429 pence. Rio Tinto edged up roughly 0.9%, Antofagasta added about 2.5%, while Glencore remained mostly flat.
Rio Tinto shares climbed roughly 1% in early London trade Monday, hitting 6,639 pence. The stock opened at 6,604 and fluctuated between 6,604 and 6,645.
Glencore plc shares are drawing attention again ahead of Monday’s London open. Investors are moving beyond Friday’s rebound, eyeing a busy week full of key events for the miner and commodity trader.
Fortescue Ltd shares will see their next trading update on Tuesday, following the Australia Day holiday shutdown on Monday. The stock ended Friday’s session at A$21.51.
Shares of USA Rare Earth are set to open Monday with investors digesting news that the Trump administration plans to acquire a 10% stake in the Nasdaq-listed rare earths miner, sources told Reuters. This move comes as part of a $1.6 billion debt-and-equity package, according to two people familiar with the deal. Alongside this, a separate $1 billion private investment is also slated for announcement Monday. The company is expected to hold a morning investor call to discuss the developments.
Sibanye Stillwater’s U.S.-listed shares surged on Friday, lifted by renewed demand for precious metals and a broker upgrade just ahead of the weekend. The ADR closed at $19.45, up 7.16%, and ticked slightly higher to $19.50 in after-hours trading.
Shares of Hycroft Mining Holding Corporation climbed 8.5% on Friday, closing at $50.65 after trading in a range from $45.80 to $51.47. Roughly 7.0 million shares changed hands, per data from the company’s investor site.
Fresnillo shares ended Friday at 4,168 pence, gaining 2.06% and hitting a fresh 52-week peak. The London market remains closed Sunday, so the next update will arrive when trading resumes Monday.
Shares of Rio Tinto ended Friday at 6,576 pence, rising 1.39%. Investors are now focusing on upcoming takeover-code deadlines and the company’s next earnings report.
Evolution Mining Limited shares ended Friday at A$14.86, rising 5.32% for the day and 13.26% over the last five sessions. Volume was strong, with around 7.43 million shares changing hands. The stock closed above the average analyst target tracked by MarketScreener.
BHP Group’s U.S.-listed shares closed Friday up 3.9% at $67.52, hovering near their 52-week high. With markets closed Sunday, a packed news slate awaits Monday’s open.
Shares of Ucore Rare Metals slipped on Friday. As Monday’s reopening approaches, investors seem to be tuning out the recent price action and refocusing on political developments.
Rio Tinto ended Friday up 1.39%, closing at 65.76 pounds. The miner outperformed a weaker FTSE 100 and now sits roughly 1.5% shy of its 52-week high hit earlier this week. Trading volume reached 1.7 million shares, below the 50-day average, indicating buyers didn't have to push aggressively to lift the stock.
Glencore shares closed Friday up 2.2% at 501 pence, staying close to a 52-week peak, driven by new takeover-related disclosures that kept the miner-trader in focus heading into the weekend.
Evolution Mining Ltd shares closed Friday up 5.32% at A$14.86, lifted by a late-week rally in Australian gold stocks as bullion climbed further into record highs. The stock fluctuated between A$14.83 and A$15.29 during the session, according to market data.
Fortescue Ltd shares closed Friday at A$21.51, up 0.14%, bouncing back slightly after a 5.1% drop the day before that knocked more than A$1 off the price. The ASX cash market will be closed Monday for Australia Day and will reopen on Tuesday.