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Europe's mining stocks hit all-time high, pass 2008 peak

Wed, 25th Feb 2026 12:11

LONDON, Feb 25 (Reuters) - ​European ⁠mining stocks ​hit an all-time high on Wednesday, ​passing ‌their previous peak ⁠in 2008, the latest sign ⁠of a ​broadening out of last year's rally in European stocks.

Both ​precious ‌and other metal prices have been rising steadily in recent months, ​which has boosted miner ‌share prices. The STOXX basic resources sector has ‌gained 25% since the start of the year, nearly ​matching its total gain for ‌2025. It is the second European industry sector to clear ⁠a longstanding ⁠milestone this ‌week. The oil and gas index ​took ​out its 2007 ‌record high on Monday.. (Reporting by Alun John; Editing by Amanda Cooper)

Risers and Fallers Corporate News Market News Oil & Gas Mining Construction & Materials Consumer Goods Food & Beverages Fresnillo Anglo American Glencore

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