FTSE 100 news / Companies and sectors / Mining / 17 October 2026
Mining: sector news on Saturday 17 October 2026
Average tone +3.8 (positive) across 5 companies with relevant coverage, from 30 stories.
Company by company
| Company | Tone | Stories | What the coverage was about |
|---|---|---|---|
| Anglo American | +6.3 | 14 | Coverage was mainly about the De Beers sale, with Richemont and Signet reportedly joining a bidding group and Botswana nearing a stake deal. |
| Antofagasta | +0.3 | 7 | Coverage was mixed: a preliminary deal ended the Centinela strike and the company secured record copper treatment charges in an auction. |
| Endeavour Mining | +3.0 | 3 | Coverage was mostly analyst-style commentary, with a Goldman Sachs pick of African gold miners on growth and cash flow leaning positive. |
| Glencore | +8.7 | 3 | Coverage centred on Glencore's new Australian listing, with a UBS Buy rating and access to the Australian pension market seen as positives. |
| Rio Tinto | +0.7 | 3 | Coverage centred on Rio Tinto's third-quarter update, with higher iron ore sales and unchanged 2026 guidance. |
| Fresnillo | – | 0 |
Strongest stories in the sector
- +10.0 Glencore Share Price Targeting the Highs on UBS Buy Rating, as Australian Listing Opens Door to $4.4 Trillion Pension Market
UBS Buy rating and ASX listing opening large pension market. - +9.2 JPMorgan raises target for Anglo American stock to GBp 3,850 - ad-hoc-news.de
JPMorgan raised price target. - +9.2 Striking unions at Antofagasta's Centinela copper mine reach preliminary deal, ending strike
Strike at Centinela mine ends with preliminary deal, removing production risk. - +8.3 Antofagasta nets its highest ever copper treatment charges in auction, sources say
Record copper treatment charges secured in auction, favourable terms for smelting. - +8.3 LME WEEK-Antofagasta nets its best ever copper treatment charges in auction, sources say
Best ever treatment charges in auction, same favourable story. - +7.5 Anglo American CEO highlights a new trend: Strong interest from tech giants in investing in mining companies
Tech giants showing strong investment interest in Anglo. - +7.5 Goldman Sachs Picks Top African Gold Miners on Growth, Cash Flow Outlook
Goldman Sachs picks African gold miners on growth and cash flow; Endeavour likely included. - +7.5 Glencore’s arrival is good news for the ASX
ASX listing arrival framed as positive development. - +7.0 Botswana Nears Agreement To Increase Stake In De Beers As Anglo American Advances Exit Plans
Botswana nearing De Beers stake deal advances Anglo's exit. - +6.7 Anglo American Held Talks With Tech Firms Over Mining Stakes
Talks with tech firms over mining stakes. - +6.7 Botswana nears deal on De Beers stake of about 25%
Botswana near deal on roughly 25% De Beers stake. - −6.7 Berenberg Cuts Antofagasta Target After A Softer Q3
Berenberg cuts target after softer third quarter.