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

Reuters02-25 19:59
Europe's mining stocks hit all-time high, pass 2008 peak

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. .SXEP.

(Reporting by Alun John; Editing by Amanda Cooper)

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