Join our community of smart investors

Miners still reaping the rewards but ‘volatility’ on the way

A barnstorming year thanks to record metals prices looks like it could be coming to an end, although there are still plenty of dividends to come
July 20, 2021
  • Huge profits incoming for Rio Tinto and BHP but metals prices look set to slow down
  • First-half production numbers are strong but leave some question marks for rest of year

In the past year, the top 25 miners around the world have seen their market capitalisations increase by a remarkable four-fifths. The best performers were Freeport-MacMoRan (US:FCX) and Ganfeng Lithium, while BHP (BHP) and Rio Tinto’s (RIO) one-third growth in share price in the past year is equal to the FTSE 100, of which they are key components. 

This is subscriber only content
Start your trial to keep reading
PRINT AND DIGITAL trial

Get 12 weeks for £12
  • Essential access to the website and app
  • Magazine delivered every week
  • Investment ideas, tools and analysis
Have an account? Sign in