LON:GLEN 7 July 2026

Anglo American share sell-off puts copper merger premium back on trial

Anglo American share sell-off puts copper merger premium back on trial

Anglo American plc did not trade like a company hit by a fresh profit warning. It traded like a crowded restructuring and copper-merger position being marked down before the next production update. The latest confirmed regulatory item was a July 1 total voting rights notice, not an operating update, so the day’s price action looks market-led first and company-specific second. The closing screen was blunt:
July 8, 2026
Glencore shares fall, copper drawdown dull ahead of July output test

Glencore drops in London as Congo limits cap copper gains

Glencore plc slipped on Tuesday, bucking a rise in London’s blue-chip index. Shares made only a minor move, but investors are wrestling with whether Congo cobalt regulation and Glencore’s weighted production schedule can keep the shares up after hitting a high in June. Glencore was last seen at 513.50p as of 10:53 BST, down from its prior close at 516.00p. The London Stock Exchange is open from 8:00 a.m. to 4:30 p.m. BST. The FTSE 100 was up 0.45% on Reuters' delayed feed.
July 7, 2026