London-listed mining shares climbed in early European trading on Friday, buoyed by a modest rise in gold prices, with Gold Futures up 0.2% at $3,686.3 per troy ounce.
Miners with significant gold exposure led the advance:
- Anglo American PLC (LSE:AAL) rose 1.3%, reflecting broader sector strength despite its diversified portfolio, which includes copper, diamonds, platinum group metals, and iron ore.
- Antofagasta PLC (LSE:ANTO) also gained 1.3%, supported by positive sentiment across the mining industry even though it primarily focuses on copper production.
- Endeavour Mining Corp (LSE:EDV) jumped 2.8% in morning trading, benefiting strongly from the uptick in gold prices across West Africa.
- Fresnillo PLC (LSE:FRES) added 1.2%, extending its recent gains as both gold and silver continued their upward momentum.
The sector-wide rally highlights growing investor confidence in commodities, particularly precious metals, amid expectations around U.S. monetary policy and ongoing global economic uncertainties.
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