FTSE 100 news / Companies and sectors / Mining / 16 October 2026
Mining: sector news on Friday 16 October 2026
Average tone +3.0 (positive) across 6 companies with relevant coverage, from 99 stories.
Company by company
| Company | Tone | Stories | What the coverage was about |
|---|---|---|---|
| Anglo American | +5.3 | 33 | Coverage centred on Richemont and Signet in talks to join a consortium bidding for De Beers, and on Anglo American's chief saying tech firms have deep interest in taking stakes to secure copper. |
| Antofagasta | −5.2 | 24 | Coverage centred on Antofagasta's third-quarter results and 2027 production guidance. |
| Rio Tinto | +3.3 | 22 | Coverage centred on third-quarter results, with iron ore shipments up, Oyu Tolgoi copper output higher and guidance maintained, plus Simandou progress. |
| Glencore | +6.3 | 11 | Coverage was mainly about UBS starting coverage with a Buy rating, citing copper growth and marketing strength, alongside Glencore's new secondary listing on the ASX. |
| Endeavour Mining | +7.5 | 7 | Coverage was mainly about Goldman Sachs starting coverage of Endeavour with a Buy rating, which gives it a positive lean. |
| Fresnillo | +0.8 | 2 | Coverage was mixed: MAG Silver's delisting moves its Juanicipio stake to Pan American, while Zacks kept Fresnillo at Hold with a growth estimate of 54.9 percent. |
Strongest stories in the sector
- +10.0 Goldman Sachs initiates Buy rating for Endeavour Mining stock - ad-hoc-news.de
Goldman initiates Buy rating on Endeavour stock. - −9.7 Antofagasta Stock Drops on Weak 2027 Copper Production Guidance and Higher Costs - News and Statistics
Stock drops on weak 2027 guidance, higher costs - +9.7 Goldman Sachs Gives AngloGold, Endeavour Buy Ratings in New Coverage
Goldman Sachs initiates coverage with Buy rating on Endeavour. - +9.7 Glencore earns UBS Buy rating as copper growth strengthens outlook
UBS Buy rating citing strengthening copper growth outlook. - −9.5 Antofagasta shares sink as 2027 copper outlook falls flat
Shares sink as 2027 outlook falls flat - +9.3 AngloGold, Endeavour Mining initiated with Buy ratings at Goldman Sachs (AU:NYSE)
Goldman initiates Endeavour with Buy rating. - −9.2 Antofagasta slides as copper outlook disappoints
Shares slide on disappointing copper outlook - +9.2 UBS rates Glencore Buy with 19% upside on stron...
UBS Buy rating with 19% upside. - +9.2 Glencore stock initiated with buy rating at UBS on marketing strength
UBS initiates with buy citing marketing strength. - −7.5 UK Shares Rally on Upside GDP Surprise; Antofagasta Bucks Trend
Antofagasta falls against rallying UK market - −7.5 Antofagasta 2027 copper guidance cut: project and cost lens for mine planners
2027 copper guidance cut and cost implications - +7.5 UBS starts coverage of Glencore stock with AUD 13.40 target - ad-hoc-news.de
UBS initiates coverage with price target.