Mining Stocks Rally Driven by Commodity Highs – Focus on BHP

24 days ago

Louise Moon

"Indeed. Yes. So, mining stocks are really gaining from this uh rally in commodities that we're seeing. So, gold, silver, copper, all hitting record highs. You know, copper's approaching $12,000 um a ton. Um and and mining stocks are are gaining on the back of this, particularly those with quite significant exposure to copper. So the likes of in London, BHP, Riotinto, Anglo-American, all higher on the back of this. And if you look at the Footsie 100, you know, mining stocks as a whole are leading the index."

The speaker underscores that mining stocks, notably BHP, are benefitting from a strong commodity rally with record highs in metals like copper driving momentum, positioning these stocks as leaders on the Footsie 100.

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