LONDON, Feb 16, 2026, 09:37 GMT — Regular session
- Weir Group hovers near its recent peak, shares rising about 0.8% early on.
- A trade publication flagged higher Enduron Elite screen output, tying the uptick to Barrick’s Reko Diq project.
- No fresh RNS update landed, so the focus swings to miners’ earnings and Weir’s numbers, expected March 4.
Weir Group PLC WEIR.L shares ticked up 0.8% to 3,496 pence by 09:37 GMT, with trades swinging from 3,458p to 3,504p earlier, according to delayed pricing. The stock ended the previous session at 3,468p.
This change matters—Weir moves with the tides of mining investment. When big projects look set to move forward or service deals seem steady despite the volatility, traders don’t wait; it’s in the price almost immediately.
Weir’s final results are due March 4.
As of mid-morning in London, no new regulatory news service (RNS) statement had been issued by the company.
Weir’s Alrode facility in Gauteng has shifted its entire focus to producing Enduron Elite banana screens, following a 1,600-square-metre expansion, Engineering News reports. Alandré van Vuuren, who oversees the company’s integrated supply chain, said production is locked in through mid-2026 for Barrick’s Reko Diq copper-gold project, backed by a £53 million contract. And interest in the larger screens? Van Vuuren says it’s already “strong.” Co
European shares inched higher, the FTSE 100 advancing close to 0.2% out of the gate. With some Asian markets and the U.S. shut for holidays, volumes stayed light—price swings often get amplified when fewer traders are in the mix.
Commodities were all over the place. Gold slid below $5,000 an ounce—Swissquote’s Ipek Ozkardeskaya pointed to a marginally stronger US dollar as part of the story. She also suggested the move might hint at investors turning cautious for the coming week.
Weir’s Minerals and ESCO divisions supply processing equipment, wear parts, and attachments across the mining and infrastructure sectors globally. Its business moves with miners’ investment cycles and project pipelines, not just the daily ups and downs in metal prices.
The risk cuts both ways. If miners this week flag project delays or dial back capital spending, suppliers might get hit fast—softer demand for original equipment, thinner aftermarket volumes.
Miners’ earnings are in focus, with a crowded UK data calendar ahead as investors look for signals on growth and risk. For Weir, everything centers on March 4—that’s when results drop, and the company reveals its 2026 projections.
