Today: 7 February 2026
Subscribe
Browse Category

Mining Industry News 27 January 2026 - 29 January 2026

Fresnillo share price jumps 4% as miner cuts 2026 targets while silver tops $120

Fresnillo share price jumps 4% as miner cuts 2026 targets while silver tops $120

Fresnillo shares rose 4.1% to 4,284 pence in early London trading after the miner cut its 2026 silver and gold forecasts, citing lower grades and mine scheduling. Spot gold and silver hit record highs, lifting precious-metals stocks. Morgan Stanley flagged a 5–9% downside risk to Fresnillo’s 2026 output and EBITDA, maintaining its underweight rating. Investors await the company’s FY2025 results on March 3.
29 January 2026
···
Glencore share price jumps on output update as Rio Tinto bid deadline nears

Glencore share price jumps on output update as Rio Tinto bid deadline nears

Glencore shares rose 3.2% after its 2025 production report showed copper output fell 11% to 851,600 tons but stayed within guidance. Traders are watching for a possible Rio Tinto takeover bid due by Feb. 5. Copper prices hit record highs, with the LME contract up 6.3% to $13,913.50 a ton. Glencore set 2026 copper guidance at 810,000–870,000 tons, citing lower grades and water shortages in Chile.
29 January 2026
··
Anglo American share price jumps as copper hits record highs; what investors watch next

Anglo American share price jumps as copper hits record highs; what investors watch next

Anglo American shares rose 4.1% to 3,618 pence in early London trading Thursday after copper prices hit a record high, with the LME benchmark contract jumping 6.3% to $13,913.50 a ton. Glencore reported an 11% drop in 2025 copper output, citing lower grades and water shortages at the Collahuasi mine. Anglo American will release its Q4 production report on Feb. 5.
29 January 2026
···
Fresnillo share price climbs after Q4 production report — but 2026 output guidance gets cut

Fresnillo share price climbs after Q4 production report — but 2026 output guidance gets cut

Fresnillo shares rose 2.1% to 4,226 pence in early London trading after the miner cut its 2026 silver and gold production forecasts. The company reported Q4 output of 12.16 million ounces of silver and 135,192 ounces of gold. Gold prices hit a record $5,200 an ounce Wednesday, while silver surged 7.7% Tuesday. Fresnillo cited mine plan changes and operational shifts for the lower guidance.
28 January 2026
··
Anglo American share price jumps as metals rally fuels miner bid ahead of Fed, merger milestones

Anglo American share price jumps as metals rally fuels miner bid ahead of Fed, merger milestones

Anglo American shares rose 2.2% to 3,525 pence in early London trading Wednesday, nearing a 52-week high as gold topped $5,200 an ounce and the dollar weakened. Investors are watching regulatory deadlines for the Teck merger, with EU antitrust and subsidy reviews due Feb. 3 and Feb. 10. Anglo’s Q4 production update is set for Feb. 5.
28 January 2026
····
Rio Tinto stock price ticks up as takeover filings sharpen focus ahead of Glencore deadline

Rio Tinto stock price ticks up as takeover filings sharpen focus ahead of Glencore deadline

Rio Tinto shares rose about 0.5% in early London trading Wednesday after new takeover-code filings highlighted investor positions ahead of a potential Glencore bid. The company faces a Feb. 5 deadline to declare its intentions. Recent disclosures showed Schroders and Commonwealth Bank of Australia adjusting stakes in Rio and Glencore. Iron ore supply remains in focus after Vale’s 2025 production update.
28 January 2026
···
South32 share price hits a 52-week high on ASX as rate bets shift and metals surge

South32 share price hits a 52-week high on ASX as rate bets shift and metals surge

South32 shares closed up 1.3% at A$4.56 in Sydney, hitting a 52-week high of A$4.59, with 15.35 million shares traded. Australian core inflation rose 0.9% for the quarter, prompting traders to price in a 73% chance of a rate hike by the RBA next week. The S&P/ASX 200 slipped 0.09% to 8,933.9 after the inflation report. Spot gold surged past $5,200 an ounce as the U.S. dollar weakened.
28 January 2026
···
Mineral Resources (ASX:MIN) share price slips after inflation shock as quarterly report looms

Mineral Resources (ASX:MIN) share price slips after inflation shock as quarterly report looms

Mineral Resources fell 0.9% to A$63.41 in Sydney after touching a record A$65.08, ahead of its December-quarter results due Thursday. Rising core inflation pushed expectations for a Reserve Bank rate hike next week, pressuring risk assets. The S&P/ASX 200 slipped 0.09%, led by declines in IT and healthcare. China’s record iron ore imports and volatile lithium prices remain key factors for the miner.
28 January 2026
····
Coeur Mining (CDE) slides as silver ETF rush collides with New Gold deal vote

Coeur Mining (CDE) slides as silver ETF rush collides with New Gold deal vote

Coeur Mining shares fell 2.5% to $24.81 Tuesday amid heavy trading and volatility in silver prices. Retail investors bought about $171 million of iShares Silver Trust on Monday, according to Vanda Research. Coeur shareholders are voting on proposals for its planned all-stock acquisition of New Gold. Spot silver jumped 4% to $108.05 an ounce after hitting a record high Monday.
27 January 2026
·····
Vale S.A. stock jumps 4%, but Brazil suspends permits at two iron ore units

Vale S.A. stock jumps 4%, but Brazil suspends permits at two iron ore units

Vale S.A.’s U.S. shares rebounded 4% to $16.34 midday after halting two Minas Gerais iron ore units due to water overflows that led to permit suspensions. The overflow reached the Maranhao River, causing environmental damage and flooding a CSN site. Vale said only sediment-laden water was released, not tailings. The company reaffirmed its 2026 iron ore guidance and will report Q4 results Feb. 12.
27 January 2026
··
Hecla Mining stock slides as Casa Berardi sale and 2026 outlook sink in

Hecla Mining stock slides as Casa Berardi sale and 2026 outlook sink in

Hecla Mining shares fell 6.8% to $27.93 Tuesday after announcing the $593 million sale of its Casa Berardi gold mine to Orezone Gold. The deal includes $160 million in cash and the rest in shares and contingent payments, with closing expected in Q1 2026. Hecla also released 2026 guidance, projecting silver output of 15.1–16.5 million ounces and a capital budget up to $279 million.
27 January 2026
···
Rio Tinto share price slips as Glencore deadline nears and HSBC turns cautious

Rio Tinto share price slips as Glencore deadline nears and HSBC turns cautious

Rio Tinto shares fell 0.8% to 6,622 pence in early London trading Tuesday after HSBC downgraded the stock to “hold.” The move comes as Rio faces a Feb. 5 deadline to announce its intentions in merger talks with Glencore. Iron ore futures slipped in Asia, adding pressure. Perpetual Limited disclosed a 2.03 million share stake in Rio as part of ongoing regulatory filings.
27 January 2026
····
1 … 3 4 5 6 7 … 24

Stock Market Today

Energy stocks set for a geopolitical week after Iran warning and oil rebound

Energy stocks set for a geopolitical week after Iran warning and oil rebound

7 February 2026
U.S. energy stocks rose Friday, with the S&P 500 energy sector up 1.88% and Exxon Mobil gaining 2.03%. Brent crude settled at $68.05 a barrel after Iran threatened U.S. bases if attacked. Saudi Aramco cut March Arab Light crude prices to a five-year low for Asia. Kazakhstan’s CPC Blend exports may drop 35% this month due to Tengiz oilfield disruptions.
Financial services stocks rally as XLF jumps, Dow hits 50,000 — what to watch next week

Financial services stocks rally as XLF jumps, Dow hits 50,000 — what to watch next week

7 February 2026
U.S. financial stocks rose Friday, with the XLF fund up 1.8% and the Dow closing above 50,000 for the first time, gaining 2.47%. Goldman Sachs jumped 4.3%, JPMorgan 3.9%, and Citigroup 6.0%. The Federal Reserve held rates steady, and San Francisco Fed President Mary Daly signaled possible cuts this year. Investors await January jobs and inflation data next week.
Go toTop