---
title: "Materials Down Despite Strong Earnings, as Metals Prices Fall — Materials Roundup"
description: "Producers of metals and raw materials experienced declines despite strong earnings, as precious metals prices fell. Gold futures dropped 2.8% to $4,882.90 per ounce, and silver futures fell 5.7% to $7"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/276181171.md"
published_at: "2026-02-17T23:16:41.000Z"
---

# Materials Down Despite Strong Earnings, as Metals Prices Fall — Materials Roundup

> Producers of metals and raw materials experienced declines despite strong earnings, as precious metals prices fell. Gold futures dropped 2.8% to $4,882.90 per ounce, and silver futures fell 5.7% to $73.45 per ounce. Copper futures also decreased, down about 9% from recent highs. Antofagasta is expected to report profit increases in 2026, contingent on copper prices. BHP sold its future silver production share from the Antamina mine to Wheaton Precious Metals for $4.3 billion, part of a $10 billion development plan for copper resources.

Producers of metals, grains and other raw materials fell despite strong earnings in the sector, as precious-metals prices retreated.

Gold futures fell 2.8% to $4,882.90 an ounce.

Silver futures fell 5.7% to $73.45 an ounce.

Copper futures fell, and are now down about 9% from their recent record highs.

Chilean copper miner Antofagasta will likely report a rise in profits in 2026 on higher output and lower costs, depending on copper-price movements.

BHP agreed to sell its share of future silver production from the Antamina copper mine in the high Andes of Peru to Wheaton Precious Metals for $4.3 billion, part of a plan to raise $10 billion to fuel development of copper resources.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

February 17, 2026 18:08 ET (23:08 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

### Related Stocks

- [ANTO.UK - Antofagasta plc](https://longbridge.com/en/quote/ANTO.UK.md)
- [WPM.US - Wheaton Precious](https://longbridge.com/en/quote/WPM.US.md)
- [FCX.US - Freeport Mcmoran](https://longbridge.com/en/quote/FCX.US.md)
- [NEM.US - Newmont](https://longbridge.com/en/quote/NEM.US.md)
- [BHP.AU -  BHP Group Ltd](https://longbridge.com/en/quote/BHP.AU.md)
- [600547.CN - SD-GOLD](https://longbridge.com/en/quote/600547.CN.md)
- [TFPM.US - Triple Flag Precious Metals](https://longbridge.com/en/quote/TFPM.US.md)
- [BHP.US - BHP](https://longbridge.com/en/quote/BHP.US.md)
- [SILV.US - Silvercrest Metals](https://longbridge.com/en/quote/SILV.US.md)
- [600362.CN - JCCL](https://longbridge.com/en/quote/600362.CN.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| 必和必拓利润飙升 30%，铜业务首次超越铁矿石成最大利润来源 | 全球市值最大的矿业公司必和必拓（BHP）因押注铜需求激增而获得回报，上半财年净利润同比增长近 30%。铜业务贡献了公司 51% 的基础息税折旧摊销前利润，首次超越其他业务成为最大利润来源。能源和汽车行业的强劲需求持续推高铜价，令这一转型的战 | [Link](https://longbridge.com/en/news/276092142.md) |
| 黄金浩劫之后的生活——平淡是新的上涨趋势 | 我们最近概述的黄金基本情况仍然是，这种闪亮的金属在经历了大幅上涨和随后的回调后，需要进行整合。将会持续一段时间的无聊 | [Link](https://longbridge.com/en/news/276062495.md) |
| 美股夜盘异动：Kinross Gold 夜盘跌 3.14%，黄金价格走低与分析师冷淡推荐双重施压 | Kinross Gold 夜盘跌 3.14%；纽蒙特矿业夜盘跌 3.51%，成交额达到 4.4 百万美元；巴里克矿业夜盘跌 2.63%，成交额达到 85.88 万美元；泛美白银夜盘跌 3.45%，成交额达到 81.61 万美元。 | [Link](https://longbridge.com/en/news/276097115.md) |
| 金属市场：由于库存升至 11 个月高位，铜价下跌 | 铜价下跌 0.8%，至每公吨 12,744 美元，原因是伦敦金属交易所仓库库存上升，达到 221,625 吨的 11 个月高位。库存的增加是由于中国需求疲软和美国大量囤积所推动，这给市场带来了压力。伦敦金属交易所现货铜合约的折扣扩大至每吨  | [Link](https://longbridge.com/en/news/276113133.md) |
| 金属市场：LME 铜在亚洲市场交投清淡的情况下，从超过一周的低点小幅回升 | 伦敦金属交易所铜价在亚洲市场成交清淡的情况下上涨 0.4%，至每公吨 12,670.50 美元，此前因库存高企和美元强势而触及一周低点。美元的强势影响了基础金属，伦敦金属交易所仓库中的铜库存增加至 221,625 吨，为 11 个月以来的最 | [Link](https://longbridge.com/en/news/276193437.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.