Lates News

London mining stocks have become the leading decliners in the UK stock market. Earlier, Trump extinguished hopes of easing tensions in the Middle East, causing precious metal prices to plummet across the board. Trump vowed in his speech on Wednesday night to launch "extremely fierce" attacks on Iran in the coming weeks. In the FTSE 100 index, Fresnillo, Glencore, Antofagasta, and Anglo American are among the top decliners, falling by 5.8%, 5.3%, 3.85%, and 3.7% respectively. Furthermore, South African gold miner Harmony Gold fell by 5.5%.