London close: Stocks turn red on return from Easter break
2nd Apr 2024 15:22
(Sharecast News) - UK stocks experienced a downturn by the end of trading on Tuesday, as investors resumed activity following the extended weekend, with initial gains reversed by the close ahead of a week marked by a number of key economic data releases.
Read moreAntofagasta signs $2.5bn loan deal to build Centinela concentrator
19th Mar 2024 10:44
(Sharecast News) - Antofagasta said it had secured a loan deal to finance construction of a $2.5bn second concentrator at its Centinela mine in Chile.
Read moreLondon close: Stocks mixed as UK economy returns to growth
13th Mar 2024 15:00
(Sharecast News) - London markets finished with a mixed performance on Wednesday, following a surge on Tuesday, with investors buoyed by news of the UK economy's return to growth in January.
Read moreLondon close: Stocks little changed as investors look to US data
27th Feb 2024 16:05
(Sharecast News) - London's equity markets closed with a subdued performance on Tuesday, after a mixed but largely flat session trend as investors exercised caution ahead of US inflation figures later in the week.
Read moreLondon close: Stocks finish lower on fresh China concerns
20th Feb 2024 15:29
(Sharecast News) - London's stock markets closed in negative territory on Tuesday, with concerns over China's economic prospects exerting pressure on mining shares.
Read moreAntofagasta FY revenues grow as copper prices stabilise
20th Feb 2024 08:01
(Sharecast News) - Copper miner Antofagasta said on Tuesday that full-year revenues had grown on the back of a more stable price for the metal throughout 2023.
Read moreLondon close: Stocks rise as UK retail sales rebound
16th Feb 2024 14:59
(Sharecast News) - London's stock markets saw positive gains on Friday, buoyed by encouraging UK retail sales data and favourable earnings reports from NatWest.
Read moreLondon close: Stocks mixed ahead of US Fed, BoE decisions
31st Jan 2024 15:49
(Sharecast News) - London's financial markets finished with mixed performance on Wednesday, with investors closing their wallets ahead of rate announcements from both the US Federal Reserve and the Bank of England.
Read moreCiti lifts price target for Antofagasta after Centinela expansion
31st Jan 2024 07:54
(Sharecast News) - Citi has raised its target price for Antofagasta and reiterated an 'buy' rating after the copper miner approved a $4.4bn expansion of its Centinela mine in Chile.
Read moreLondon close: Stocks rise on positive news from China
24th Jan 2024 16:31
(Sharecast News) - London markets finished with a positive performance on Wednesday, driven by gains in the mining sector following China's announcement of an upcoming reduction in the reserve requirement ratio for banks.
Read moreLondon close: Stocks slip as focus shifts to US earnings
23rd Jan 2024 17:46
(Sharecast News) - London's stock markets experienced a downturn on Tuesday, despite the release of favourable UK borrowing figures as investors turned their focus to earnings from prominent US companies on Wall Street.
Read moreLondon close: Stocks slip after surprise jump in UK inflation
17th Jan 2024 15:03
(Sharecast News) - London's financial markets experienced a downturn on Wednesday, as a surprising increase in UK inflation and sluggish Chinese GDP growth impacted investor sentiment.
Read moreAntofagasta annual copper production rises 2%
17th Jan 2024 07:20
(Sharecast News) - Copper miner Antofagasta on Wednesday said annual production rose 2% to 660,600 sonnes, on higher output at its Los Pelambres operation in Chile, due to improved water availability from its desalination plant.
Read moreLondon close: Stocks fall as US inflation comes in hot
11th Jan 2024 16:34
(Sharecast News) - London's stock markets closed in the red on Thursday, reversing earlier gains after US consumer inflation came in hotter than expected.
Read moreRBC Capital upgrades Antofagasta to 'outperform'
11th Jan 2024 07:57
(Sharecast News) - RBC Capital Markets upgraded its stance on Chilean copper miner Antofagasta on Thursday to 'outperform' from 'sector perform' and hiked the price target to 1,800p from 1,300p.
Read more