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UK mining and resource stocks rose on strong results and investments, despite FTSE 100 dip due to U.S. tariff fears.
Baker Steel Resources Trust saw its share price rise 8.3% to 89.90p on January 19, 2026, after its net asset value per share reached 136.0p by year-end 2025—up 18% from November and 52% from 2024—driven by strong gains in investments including Silver X and the Bilboes royalty.
ACG Metals climbed 5% to 1,340p after exceeding 2025 production guidance and advancing its shift to copper production.
Christie Group surged 10.2% on strong full-year results, while Block Energy jumped 14% following a major farm-out deal in Georgia.
Meanwhile, the FTSE 100 dipped 0.5% amid rising U.S. tariff threats targeting the UK and Europe, though defensive stocks like Fresnillo and SSE gained.
Las acciones mineras y de recursos del Reino Unido aumentaron debido a los sólidos resultados y las inversiones, a pesar de la caída del FTSE 100 debido a los temores de aranceles de los Estados Unidos.