8.44am: Inflation may not move Bank of England dial Some thoughts on this morning's UK inflation numbers, which showed July's CPI up 2.9% from a year ago, increasing from 2.6% in June. Core CPI stayed put at 2.6%, while services CPI slowed to 3.4% from 3.6%. "What happened in July?...

Find insight on BHP, Zijin Gold International, BlueScope Steel and more in the latest Market Talks covering basic materials.

Find insight on Antofagasta, Zambia’s copper mining industry, London’s miners and more in the latest Market Talks covering basic materials.

The deal involves iron ore from Anglo American’s South African subsidiary, Kumba Iron Ore.

European indexes were mostly higher, boosted by financials and technology sectors. However, the FTSE 100 was down as miners fell after Antofagasta cut its production guidance for the year.

FTSE 100 down 31 points at 10,802 Miners lead the decline Scottish Mortgage heads Footsie Economy grows by 0.4% 9.27am: Scottish Mortgage heads the risers Scottish Mortgage rose 1.8%, one of the few blue chips in the green, and the reason sits several thousand miles west. US...

Teck Resources (TSX:TECK.B) has launched consent solicitations to amend covenants and events of default on several outstanding notes in connection with a potential merger with Anglo American. The company aims to align the terms of these notes with Anglo American's existing debt structure as part of broader transaction planning. The proposed changes could affect bondholder protections and reporting requirements if the merger proceeds. This kind of balance sheet reshaping around a potential...

(Bloomberg) -- Activist investor Elliott Investment Management LP has urged Australia’s biggest gold miner Northern Star Resources Ltd. to overhaul its board, and named six nominees it said would restore market confidence in the company. Most Read from BloombergFive Takeaways From Zuckerberg’s 6,500-Word Manifesto on AIPhoebe Gates Knew Phia Shopping App Took Credit for Sales It Didn’t DrivePakistan Says Deal Is Close Even as Iran, US Harden StancesApple’s Glass-Centric 20th-Anniversary iPhone R

Rainbow Rare Earths Ltd (LSE:RBW, OTC:RBWRF, FRA:RR1) has appointed James Beams as an executive director with immediate effect, as the London-listed company shifts from feasibility work towards building its two rare earth projects. It was one of two senior appointments announced in an update...

8.26am: US oil and gas company plans AIM IPO Rare news this morning – a London IPO of all things. The name of the company is 1947 Oil & Gas, which says it plans to join AIM this month, raising £50 million to fund the purchase of a Houston-based producer with interests in eleven...

NEXA heads into the Q2 earnings release with stronger metal prices and zinc output, though weaker copper volumes and higher costs may temper gains.

Find insight on Anglo American, Syensqo, Rio Tinto and more in the latest Market Talks covering basic materials.

Anglo American (LON:AAL) reported higher first-half profit and cash generation as stronger copper prices, by-product credits and cost control supported its simplified portfolio, while the company continued work on asset sales and its planned merger with Teck. Chair Stuart Chambers said the company

The U.K. mining group—which is in the process of merging with Canada’s Teck Resources—reported a narrowed net loss due to smaller write-downs on assets it is selling.

FTSE 100 down 11 points to 10,897 Results from Shell, Rolls, Lloyds, LSE, BAE Systems, BAT and more Bank of England hands down latest decision 5.30pm: Stocks slip The FTSE 100 finished the day down 11 points at 10,897 after earlier in the session hitting a record intraday...

A report that Anglo American is looking to sell its majority stake in diamond miner De Beers for $1 billion shows just how rough things have gotten lately for purveyors of the sparkly gemstone. While the London-based Anglo American has long sought to unload its underperforming diamond business as cheaper, lab-grown diamonds have softened demand for mined stones, the $1 billion sales price being floated, according to a Bloomberg report, looks particularly low. Anglo currently has an 85% stake in De Beers, with the government of Botswana holding the remaining 15%.

Find insight on Anglo American, Sumitomo Bakelite, gold and more in the latest Market Talks covering Basic Materials.

Teck Resources Limited has already reported a sharply stronger Q2 2026, with sales rising to C$3,605 million and net income to C$854 million, significantly lifting earnings per share from continuing operations versus a year earlier. The quarter was underpinned by record copper prices, roughly 25% higher copper production, record adjusted EBITDA margins, and a maintained dividend of C$0.125 per share, while the company continued progressing its planned merger with Anglo American. We’ll now...

Teck Resources (TSX:TECK.B) drew investor attention after reporting second quarter 2026 results that exceeded consensus expectations, with higher copper production, strong adjusted EBITDA and cash flow, and a market reaction that reflected this earnings outperformance. See our latest analysis for Teck Resources. The strong Q2 earnings, record adjusted EBITDA margins and ongoing progress on the Anglo American merger have been accompanied by firm share price momentum, with a 1 day share price...

FTSE 100 down 10 points to 10,707 Brent oil hits $98 a barrel Centrica, BT, 3i, RELX, easyJet, MAB, AJ Bell provide updates 9.44am: Market analysis Oil prices are up 4.2% this morning now, with Brent crude at $98 a barrel. The big $100 level is looming now, says market analyst...

8.57am: B&M shares fall despite 'solid' quarter B&M shares are down 4% after the Q1 trading update, but analyst Jonathan Pritchard at Peel Hunt says it was a "solid" quarter. He says that the 2.3% UK LFL decline "is in line with forecasts, following the shape of the weather, up...