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Biggest Mining Rally Since 2008 Propelled by Gloomier Economy

Biggest Mining Rally Since 2008 Propelled by Gloomier Economy

Thank a gloomier-than-expected U.S. economic outlook for the biggest rebound in mining stocks since the global financial crisis. Pummeled in the past year amid faltering Chinese demand and the prospect of higher interest rates, mining stocks are now surging the most in seven years. Freeport-McMoran Inc. and Anglo American Plc paced gains among major producers, with the

Biggest Mining Rally Since 2008 Propelled by Gloomier Economy

Commodity Losses Accelerate as Miners See Lows of 2009 Crisis

The commodities rout that’s pushed prices to a 13-year low pulled some of the biggest mining and energy companies below levels seen during the financial crisis. The FTSE 350 Mining Index plunged as much as 4.9 percent to the lowest since 2009 on Wednesday, with BHP Billiton Ltd. and Anglo American Plc leading declines. Gold and copper

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MitonOptimal International Limited is registered in Guernsey (Registration No. 51561) and is the overlying holding company of the companies that make up the MitonOptimal Group.
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