FTSE 100 news / Companies and sectors / Mining / 7 October 2026
Mining: sector news on Wednesday 7 October 2026
Average tone +2.3 (slightly positive) across 6 companies with relevant coverage, from 38 stories.
Company by company
| Company | Tone | Stories | What the coverage was about |
|---|---|---|---|
| Rio Tinto | +3.3 | 22 | Coverage was dominated by RBC's upgrade of Rio Tinto to Sector Perform on less iron ore downside risk, plus positive notes on shipments and a UBS view. |
| Glencore | +7.0 | 5 | Coverage leant positive, led by New South Wales approval for the continuation of Hunter Valley Operations and RBC expecting stronger second-half production. |
| Anglo American | +3.7 | 4 | Coverage centred on Anglo American shares climbing as copper firmed across FTSE 100 miners, which gives a positive lean. |
| Antofagasta | −6.3 | 3 | Coverage centred on RBC trimming its price target on Antofagasta to 3,300p while keeping an Underperform rating. |
| Endeavour Mining | +3.0 | 3 | Coverage mixed a report of strong Q2 earnings with RBC trimming its price target on Endeavour while keeping a Sector Perform rating. |
| Fresnillo | +3.0 | 1 | Coverage centred on Fresnillo being in focus as miners rallied, alongside news that its finance chief is preparing to retire. |
Strongest stories in the sector
- +10.0 Why Is Glencore (LSE:GLEN) Stock In Focus After New South Wales Approves Hunter Valley Operations Continuation Today?
New South Wales approval lets Hunter Valley Operations continue. - −10.0 Rio Tinto faces High Court claim for alleged Madagascar mine contamination
High Court contamination claim over Madagascar mine - +9.7 Endeavour Mining stock reports strong Q2 earnings
Strong second-quarter earnings reported. - +7.5 Why Is Anglo American (LSE:AAL) Climbing As Copper Firms Across The FTSE 100 Miners?
Shares climbing as copper prices firm across FTSE miners. - +7.5 RBC Expects 'Stronger' H2 Production from Glencore
Broker expects stronger second-half production from Glencore. - −7.0 RBC Trims Antofagasta PT, Maintains Underperform Rating
RBC trims price target and keeps Underperform rating - +6.7 Glencore Technology makes Jameson Cell coarse particle recovery breakthrough with Antapaccay test work
Glencore Technology reports a recovery breakthrough in test work. - +6.7 Rio Tinto Has Less Downside Risk in Iron Ore Prices, RBC Capital Markets Says
RBC sees less downside risk in iron ore for Rio - +6.7 RBC Upgraded Rio Tinto As Iron Ore Risks Look Less Lopsided
RBC upgrade as iron ore risks ease - +6.7 RBC upgrades Rio Tinto to Sector Perform on lit...
RBC upgrade to Sector Perform - +6.7 RBC Upgrades Rio Tinto to Sector Perform Amid Less Downside Risk in Iron Ore Prices
RBC upgrade on less iron ore downside - −6.7 Energy Shock Wipes $264 Billion Off the World's Top Mining Stocks
Mining stocks lose $264bn in energy shock, Rio included