Mining 11 March 2026 - 26 March 2026

Evolution Mining Limited Back in Focus After UBS Upgrade, Northparkes Growth Push

Evolution Mining Limited Back in Focus After UBS Upgrade, Northparkes Growth Push

UBS upgraded Evolution Mining to neutral from sell, setting a A$12.50 target after a stock pullback and improved copper outlook at Northparkes. The move follows similar upgrades by JPMorgan and Macquarie this month. Evolution posted record half-year profit of A$767 million in February and approved major copper and gold projects at Northparkes and Ernest Henry. A 20-cent interim dividend is due April 2.
March 29, 2026
Rio Tinto plc (RIO) Stock Price Slips as Boyne Smelter Support Fails to Offset Mining Selloff

Rio Tinto plc (RIO) Stock Price Slips as Boyne Smelter Support Fails to Offset Mining Selloff

Rio Tinto shares fell to 6,362 pence in London Thursday, down from 6,563 pence, amid declines across major miners. The drop follows a new A$2 billion government support package for Rio’s Boyne aluminium smelter and a surge in Asian aluminium premiums to 11-year highs. Copper earnings doubled last year, but iron ore still generates 60% of group profits. Rio’s Kennecott mine remains shut after a worker death.
March 26, 2026
Anglo American Share Price Slides 5% as Chile Copper Approval Rally Fades

Anglo American Share Price Slides 5% as Chile Copper Approval Rally Fades

Anglo American shares dropped 5.07% to 3,010p in London on Thursday, reversing Wednesday’s 3.9% rally after Chile’s regulator cleared a key copper project with Codelco. The FTSE 100 fell 1.1%, with mining peers also down. The Andina-Los Bronces plan still requires environmental permits and local consultations. Anglo’s $53 billion Teck merger awaits final approval by year-end.
March 26, 2026
Glencore Stock Price Today: Glencore plc climbs near 52-week high as miners rally

Glencore Stock Price Today: Glencore plc climbs near 52-week high as miners rally

Glencore shares climbed 2% to 538 pence in London, nearing a 52-week high as UK miners rallied on falling oil prices and rising metals demand. Copper futures rose 1.34%, boosting Glencore’s outlook amid investor focus on its copper strategy. The FTSE 100 gained 1.1%, while the mining sub-index jumped 3.4%. Brent crude dropped over 5% after reports of a U.S. settlement proposal to Iran.
March 25, 2026
Anglo American plc Stock Climbs as Teck Merger Progress and Copper Rebound Lift Shares

Anglo American plc Stock Climbs as Teck Merger Progress and Copper Rebound Lift Shares

Anglo American shares rose to 3,171 pence in London trading Wednesday, up from 3,054 pence, as mining stocks led the FTSE 100 higher. The move followed a 5% drop in oil prices and came as Anglo pursues a merger with Teck Resources to create a major copper producer. Anglo plans to delist from the Swiss exchange in June. The company still faces lower copper output forecasts and a weak diamond market.
March 25, 2026
Northern Star Resources Share Price Extends Slide as Output Warning and Gold Drop Bite

Northern Star Resources Share Price Extends Slide as Output Warning and Gold Drop Bite

Northern Star Resources shares fell 2.43% to A$18.50 Friday after another production warning and a 1.8% drop in spot gold to $4,563.64 an ounce. The company now expects fiscal 2026 output just above 1.5 million ounces, down from earlier guidance. Operations remain dependent on the old KCGM mill until expansion in early fiscal 2027. Investors await the next update on April 22.
March 22, 2026
Evolution Mining Stock Price Rebounds, but EVN Faces April Test After Gold Selloff

Evolution Mining Stock Price Rebounds, but EVN Faces April Test After Gold Selloff

Evolution Mining shares closed up 1.64% at A$12.41 Friday but remain below Wednesday’s A$13.50 after a gold-driven selloff. Spot gold fell 1.8% Friday as the dollar and yields rose, pressuring miners. Evolution will release its March-quarter update April 15 and pay a 20-cent interim dividend April 2. Investors await confirmation of full-year production and cost guidance after February’s record profit.
March 22, 2026
Evolution Mining Limited Stock Price Rebounds After Gold Selloff, but EVN’s Next Test Comes April 15

Evolution Mining Limited Stock Price Rebounds After Gold Selloff, but EVN’s Next Test Comes April 15

Evolution Mining shares rose 1.64% to A$12.41 Friday after a sharp 9.56% drop, with turnover surging to 64.4 million shares. The stock remains down 11.1% for the week as gold prices fell 6% over two days. Evolution will release its March-quarter update on April 15, with guidance set at 710,000–780,000 ounces of gold and 70,000–80,000 tonnes of copper.
March 21, 2026
Evolution Mining Shares Slide as Gold Selloff Deepens, Putting ASX Miner’s March Rally Under Pressure

Evolution Mining Shares Slide as Gold Selloff Deepens, Putting ASX Miner’s March Rally Under Pressure

Evolution Mining shares fell 7.63% to A$12.08 in Sydney after spot gold dropped 4.3% to $4,612.21 an ounce, its lowest since early February. The decline extends Evolution’s retreat from its March 2 record high of A$17.75. The company last month reported record half-year profit and kept FY26 production guidance unchanged. No new market-sensitive updates have been released in the past two days.
March 20, 2026
Glencore plc Stock Price Falls Today as Copper Slide and Bank of England Hold Hit Miners

Glencore plc Stock Price Falls Today as Copper Slide and Bank of England Hold Hit Miners

Glencore shares dropped 4.2% to 503.7 pence in London by 12:40 GMT Thursday, falling from near a one-year high as metal miners slumped. The decline followed a sharp drop in copper prices and the Bank of England’s decision to hold rates, which shifted market expectations toward possible hikes. Other major miners, including Rio Tinto and Anglo American, also traded lower. Energy stocks rose, but mining shares led losses on the FTSE 100.
March 19, 2026
BHP stock price rises as miner files $5 billion Escondida plan, advances Arizona copper project

BHP stock price rises as miner files $5 billion Escondida plan, advances Arizona copper project

BHP shares closed up 1.1% after the company filed for environmental approval to build a $4.4–$5.9 billion copper concentrator at Escondida in Chile and advanced its Resolution Copper project in Arizona. Resolution, owned with Rio Tinto, secured 2,400 acres for development but faces opposition from Native groups. Copper accounted for 51% of BHP's operating earnings in the latest half, overtaking iron ore.
March 17, 2026
Evolution Mining Share Price Falls 3% as Gold Drops and Northern Star Shock Hits ASX Miners

Evolution Mining Share Price Falls 3% as Gold Drops and Northern Star Shock Hits ASX Miners

Evolution Mining shares fell 3.22% to A$13.51 Friday as weaker gold prices and a sector selloff hit Australian miners. Spot gold dropped 0.5% to $5,052.15 an ounce, while the ASX gold sector index lost 4.3%. Evolution’s board is set to review growth studies this quarter, with March-quarter results due April 15. Heavy rain recently forced a temporary suspension at Ernest Henry, risking lower FY26 output.
March 14, 2026
Northern Star Resources share price dives 19% after fresh FY26 gold output warning

Northern Star Resources share price dives 19% after fresh FY26 gold output warning

Northern Star Resources shares fell 18.75% to A$21.75 Friday after warning it may miss the low end of its fiscal 2026 production target due to persistent issues at KCGM and Jundee. Gold sales for January and February totaled 220,000 ounces. The company now expects production above 1.5 million ounces, down from previous guidance. The next production update is set for April 22.
March 13, 2026
Antofagasta plc Stock Price Falls 5.5% as Copper Slips, Miners Reel

Antofagasta plc Stock Price Falls 5.5% as Copper Slips, Miners Reel

Antofagasta shares fell 5.53% to 3,503 pence on Friday, underperforming the FTSE 100 as copper prices weakened and mining stocks sold off across Europe. The stock is now nearly 10% below Tuesday’s close and 21.7% under its February high. Company updates this week focused only on board changes, with no new production or cost guidance. Investors remain wary as energy prices and inflation risks rise amid Middle East tensions.
March 13, 2026
Rio Tinto plc Stock Price Slips as Glencore Deal Hopes Return, Kennecott Shutdown Adds Fresh Risk

Rio Tinto plc Stock Price Slips as Glencore Deal Hopes Return, Kennecott Shutdown Adds Fresh Risk

Rio Tinto shares fell 0.7% in London after suspending operations at the Kennecott copper mine in Utah following a worker’s death. Investors weighed the shutdown against renewed Glencore merger interest, though formal talks cannot resume until August. Glencore’s rising valuation and coal exposure remain sticking points. Both companies declined to comment on recent meetings.
March 13, 2026
Rio Tinto Stock Price Rises as Brazil Clears CBA Deal, Iron Ore Jumps on China BHP Ban

Rio Tinto Stock Price Rises as Brazil Clears CBA Deal, Iron Ore Jumps on China BHP Ban

Rio Tinto shares rose 0.5% to 6,826 pence in London Thursday, outperforming the FTSE 100, which fell 0.4%. Brazil’s CADE approved Rio’s joint $297.8 million purchase of a controlling stake in aluminium producer CBA. Rio also secured $1.175 billion in financing for its Rincon lithium project in Argentina. Iron ore prices climbed after China widened a ban on BHP’s Newman fines.
March 12, 2026
Glencore Share Price Climbs as Miners Defy FTSE Selloff on Oil Shock

Glencore Share Price Climbs as Miners Defy FTSE Selloff on Oil Shock

Glencore shares gained 4.70 pence to 528.10 pence in London Thursday, bucking a 0.51% drop in the FTSE 100. The miner and trader published its 2025 annual report this week and plans its annual meeting for May 28. Workers at its Townsville copper refinery in Australia threaten to strike Friday if talks fail. Glencore aims to nearly double copper output to 1.6 million metric tons by 2035.
March 12, 2026
Glencore Share Price Slips as Australia Strike Threat Tests Copper-Led Growth Story

Glencore Share Price Slips as Australia Strike Threat Tests Copper-Led Growth Story

Glencore shares fell 6.9 pence to 515.7 pence Wednesday as workers at its Townsville copper refinery in Australia threatened to strike after failed pay talks. The dispute follows Rio Tinto’s exit from takeover talks and comes as CEO Gary Nagle considers a possible secondary ASX listing. Glencore expects annual copper output to exceed 1 million tonnes by 2028. The refinery is still expected to lose money despite government support.
March 11, 2026
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