Antofagasta shares rally 7.22% in positive London market session

6 articles · Updated · MarketWatch · May 6

The miner closed at £38.19 on Wednesday as the FTSE 100 rose 2.15% to 10,438.66.
Despite the gain, Antofagasta ended the session 14.67% below its 52-week high of £44.75 reached on 25 February.
Trading volume was 1.3 million shares, below the stock's 50-day average of 1.5 million, indicating lighter-than-usual activity during the advance.

With record profits and a US project advancing, can Antofagasta escape the historic boom-bust cycle of commodities?

As peace hopes boost miners, will the looming copper shortage become the market's next major focus?