Mining: sector news on Saturday 31 October 2026
Average tone −1.9 (slightly negative) across 5 companies with relevant coverage, from 40 stories.
How to read a score. Each score rates how good or bad the news was for the company, from −10 (clearly bad) to +10 (clearly good). 0 is neutral, and anything beyond ±6 is strong and rare. It rates the coverage, not the share price.
Company by company
| Company | Tone | Stories | What the coverage was about |
|---|---|---|---|
| Rio Tinto | −1.7 | 19 | Coverage was dominated by the seismic event at Oyu Tolgoi, with the halt and confused updates weighing before the restart began. |
| Glencore | +3.0 | 11 | Coverage was mostly about renewed coal supply agreements with Yancoal and Yankuang, higher Australian coal output and new deals in tin and nickel. |
| Anglo American | −1.3 | 6 | Coverage centred on the EU lengthening its review of MMG's purchase of Anglo American's nickel operations in Brazil, which delays the deal and leans negative. |
| Endeavour Mining | −4.0 | 3 | Coverage mainly noted the shares falling on Friday and underperforming the market, alongside a wider sell-off in gold miners. |
| Fresnillo | −5.3 | 1 | The only relevant coverage reported Fresnillo's shares falling and trailing the wider market on Friday. |
| Antofagasta | — | 0 |
Strongest stories in the sector
- +8.3 Major new lithium project opened, supporting growth plans.
- −8.3 Production stopped at a major copper mine.
- +7.0 Teck's strong results alongside a merger with Anglo moving forward.
- −6.7 Analyst cut forecasts after weaker quarterly production update.
- +6.7 Coal production in Australia rose noticeably.
- −6.7 Mixed messages about mine status create uncertainty over copper output.
- −6.7 Shares dropped sharply from earlier price.
- −6.3 Shares fell and lagged the wider market on the day.
- −5.8 Annual earnings per share fell by a double-digit percentage year on year.
- −5.3 Shares fell and lagged the wider market, a mildly negative price move.
- +5.0 Coal framework deals renewed to 2029 with sizeable annual limits.
- −5.0 Cobalt volumes dropped sharply, partly offset by other metals.
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