what to know before Monday’s London open
London, Jan 11, 2026, 23:45 GMT — Market closed.
Glencore’s stock surged 9.6% on Friday, hitting its highest mark since July 2024 after the miner confirmed talks with Rio Tinto over a potential merger. The news reignited interest in the deal-driven mining sector, according to Reuters data. (Reuters)
The London-listed miner closed at 452.65 pence, gaining 39.65p for the day, after hitting a peak of 459.0p. Trading volume exceeded 118 million shares, according to London South East data. (Shareprices)
Why it matters now: copper is the hot commodity, pushing major miners to scale up or risk being left behind. “This is yet another example that the mining space is consolidating,” said Mark Kelly, CEO of advisory…
