Copper prices hit record high — What does it mean for mining stocks?

Описание: Antofagasta has delivered record profits — but the market wasn’t impressed.

The FTSE 100 miner saw earnings jump 50% as copper prices surged to nearly $11,000 a tonne, helping it double its dividend. Strong cash flow and booming metal prices pushed profits to new highs, even as production slipped slightly.

So why did the shares fall? Alex Hamer joins Dan Jones to break down the results, the dividend decision, heavy capital spending plans in Chile, and whether the copper rally is built on solid foundations — or short-term supply pressures. Is Antofagasta still worth holding?

Read more here:
Antofagasta doubles dividend as profits hit new record
https://www.investorschronicle.co.uk/...


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