Today: 7 February 2026
Subscribe
Browse Category

Mining Industry News 7 January 2026 - 9 January 2026

Glencore stock jumps on Rio Tinto takeover talks — the deadline and next catalysts investors watch

Glencore stock jumps on Rio Tinto takeover talks — the deadline and next catalysts investors watch

London, Jan 9, 2026, 10:45 GMT — Regular session Glencore plc shares jumped on Friday after the miner and commodities trader confirmed it is in preliminary talks with Rio Tinto about a possible tie-up that could include an all-share merger. Glencore’s share price tools showed the stock at 447.83 pence, up 34.83 pence, by 10:00 GMT, with prices delayed by 10 minutes. Glencore+1 The revived talks land as big miners jostle for metals such as copper, used in power grids and data centres, and after a run of dealmaking across the sector. A combination of Rio and Glencore would create the
9 January 2026
·····
Northern Star Resources stock edges up after ASX query response keeps costs in focus

Northern Star Resources stock edges up after ASX query response keeps costs in focus

Sydney, January 9, 2026, 17:07 AEDT — Market closed Northern Star Resources Ltd (NST.AX) shares rose 0.5% on Friday to end at A$24.72, after the gold miner said it still cannot quantify how much a softer December quarter will lift its annual costs. The stock traded between A$24.54 and A$25.35, with a 52-week range of A$15.30 to A$27.99. Investing.com The move came in a flat market, with the benchmark S&P/ASX 200 edging down three points to 8,716 on the close. Northern Star’s issue is more specific: investors are still trying to pin down what the production downgrade means for costs
9 January 2026
·····
BHP stock edges up as Rio-Glencore merger talks jolt miners; what investors watch next

BHP stock edges up as Rio-Glencore merger talks jolt miners; what investors watch next

Sydney, January 9, 2026, 16:54 AEDT — Market closed BHP Group Ltd shares ended Friday higher after Rio Tinto and Glencore said they were in early talks that could reshape the top end of global mining and, on paper, knock BHP off the top spot by market value. The companies said the expectation was an all-share buyout — paid in stock, not cash — and UK takeover rules give Rio until Feb. 5 to make a formal offer or walk away. Reuters The read-through for BHP is copper. Big miners are chasing exposure to the metal used in wiring and
9 January 2026
······
Hycroft Mining stock drops nearly 13% as HYMC gives back a chunk of its latest run

Hycroft Mining stock drops nearly 13% as HYMC gives back a chunk of its latest run

New York, Jan 8, 2026, 14:30 EST — Regular session Hycroft Mining Holding Corporation shares slid $3.83, or 12.9%, to $25.91 in afternoon trading on Thursday. The stock earlier touched $29.70, before hitting a session low of $25.91. The move matters because Hycroft has become a high-beta trade, where financing headlines and project timelines can whip the stock around fast. In a December 15 filing, the company said it had released initial drill results from its 2025–2026 exploration program, keeping attention on what comes next. SEC Hycroft is not currently mining. It discontinued mining operations in November 2021 and has
8 January 2026
····
Endeavour Silver stock slips as silver price drops despite record 2025 output

Endeavour Silver stock slips as silver price drops despite record 2025 output

New York, January 8, 2026, 10:12 EST — Regular session Shares of Endeavour Silver fell about 4% to $9.68 in morning trade on Thursday, after the miner posted record 2025 output but silver prices slid. The stock traded between $9.49 and $9.90 early in the session. The move matters because the silver complex is taking hits from both macro nerves and mechanical flows. Spot silver was down 4.5% at $74.63 an ounce around 9:40 a.m. ET, with traders watching the Bloomberg Commodity Index rebalancing and Friday’s U.S. nonfarm payrolls report. “There’s just going to be pressure for the next few
8 January 2026
···
Gold price dips, gold stocks slide as Newmont and GDX track bullion lower before U.S. jobs data

Gold price dips, gold stocks slide as Newmont and GDX track bullion lower before U.S. jobs data

New York, January 8, 2026, 10:12 EST — Regular session Gold-linked stocks fell in early New York trade on Thursday as the gold price eased and traders cut exposure ahead of U.S. jobs data.Newmont (NEM) was down about 2.9% and the VanEck Gold Miners ETF (GDX) slid about 2.3%, while the SPDR Gold Shares ETF (GLD) eased roughly 0.4% by mid-morning. The timing matters. Friday’s employment report is the next big read on how fast the Federal Reserve can keep cutting rates, and gold tends to react hard to shifts in that view.The Chicago Fed’s estimate put December unemployment at
8 January 2026
·····
Northern Star Resources stock drops 3% after UBS trims target as Jan. 22 update nears

Northern Star Resources stock drops 3% after UBS trims target as Jan. 22 update nears

Sydney, Jan 8, 2026, 16:51 AEDT — After-hours Northern Star Resources Ltd shares ended down 3% at A$24.60 on Thursday, after trading between A$24.57 and A$25.08. The stock is still up about 56% over the past year. StockAnalysis The slide came as UBS analyst Levi Spry trimmed his price target to A$29.45 from A$29.75 while keeping a buy rating, after the miner’s December-quarter output came in below expectations. UBS said production was 348,000 ounces, about 11% under its estimate, and noted the company cut fiscal 2026 guidance to 1.6 million-1.7 million ounces; UBS also lowered its own FY26 estimate to
8 January 2026
·····
BHP stock dips as copper tariff talk reshapes metal flows; Jan. 20 update in focus

BHP stock dips as copper tariff talk reshapes metal flows; Jan. 20 update in focus

Sydney, January 8, 2026, 16:51 AEDT — Market closed BHP Group Ltd shares ended down 0.75% at A$47.34 in Sydney on Thursday, easing after a choppy week for miners. BHP’s U.S.-listed ADR was last down 1.45% at $63.86. BHP The pullback matters because BHP sits on the fault line between two trades that have been moving fast: copper, where supply and policy headlines are pushing prices around, and iron ore, where China demand still sets the tempo. With markets closed, the next question is whether the stock can hold recent gains into BHP’s next operational update and fresh China data.
8 January 2026
···
Newmont stock dips after Boddington bushfire update flags 60,000-ounce Q1 gold hit

Newmont stock dips after Boddington bushfire update flags 60,000-ounce Q1 gold hit

New York, January 7, 2026, 20:15 EST — Market closed. Newmont Corp shares fell 1.1% on Wednesday, after the gold miner said damage from a bushfire near its Boddington operation in Western Australia is expected to reduce first-quarter 2026 gold output by about 60,000 ounces. The company said the processing plant has restarted but will run at about 50%–60% of normal rates until water-supply infrastructure is restored, a process it expects to run through February. Newmont Corporation The update matters because Boddington is one of Newmont’s cornerstone mines and has “consistently delivered over 800,000 gold equivalent ounces annually,” according to
8 January 2026
···
Silver price slips again; SLV stock drops as miners slide ahead of U.S. jobs data

Silver price slips again; SLV stock drops as miners slide ahead of U.S. jobs data

NEW YORK, Jan 7, 2026, 10:21 (EST) — Regular session Shares of iShares Silver Trust (SLV), a widely traded silver price stock proxy, fell 4.7% to $70.21 in morning New York trade on Wednesday. Silver miners also slid, with First Majestic Silver down 8.9%, Pan American Silver off 7.1% and Coeur Mining down 7.5%. The retreat matters because the silver trade has turned fast. After a sharp run that pulled fresh money into metal-linked shares, even small shifts in the dollar and rate outlook have been producing big moves. It also lands in a busy stretch for U.S. data, when
7 January 2026
······
Denison Mines stock dips as Phoenix uranium build budget rises to C$600 million

Denison Mines stock dips as Phoenix uranium build budget rises to C$600 million

New York, January 7, 2026, 09:46 (EST) — Regular session Denison Mines Corp shares slipped 0.8% to $3.26 in early New York trading on Wednesday. The uranium developer has traded in a tight range since the open. Investors are circling the company’s Phoenix project in northern Saskatchewan, where Denison says it is ready to take a final investment decision — a formal go-ahead to build — once federal approvals land. Denison put post-decision initial capital costs at C$600 million and said the estimate assumes a final investment decision at the end of February; CEO David Cates said the company “stands
7 January 2026
·····
Critical Metals stock jumps again as Greenland takeover talk keeps rare-earth traders on edge

Critical Metals stock jumps again as Greenland takeover talk keeps rare-earth traders on edge

New York, Jan 7, 2026, 05:18 EST — Premarket Critical Metals Corp shares were up 9.2% in premarket trading on Wednesday at $12.90, after closing up 25.6% in the prior session, as renewed U.S. rhetoric over acquiring Greenland stirred fresh interest in rare-earth names. Investing.com The move matters because Critical Metals’ flagship Tanbreez project sits in southern Greenland, and rare earths — a group of metals used in magnets for electric motors, electronics and defence systems — have become a strategic focus as the U.S. tries to diversify supply chains away from China. Reuters It also lands as political risk
7 January 2026
···
1 … 18 19 20 21 22 … 39

Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
Go toTop