BUZZ-Copper miners soar in 2025 as red metal rallies
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Copper miners are experiencing significant gains in 2025, with prices of copper rising by 42% due to supply concerns, a weak U.S. dollar, and increased demand from speculators. Major companies like Rio Tinto and BHP Group have seen year-to-date increases of approximately 37% and 25%, respectively. Canadian miner Hudbay Minerals leads with a 134% gain, while other miners like Southern Copper and Freeport-McMoRan also report substantial increases. Goldman Sachs predicts a copper price of $11,400 per metric ton in 2026, highlighting copper as a favored industrial metal.
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