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Mining Stocks Rise After Bumper BHP Earnings

·1 min read
Mining Stocks Rise After Bumper BHP Earnings

Leading the way in Europe's stock market: miners. Glencore, Anglo American, Rio Tinto and Antofagasta are all up 2% or more, following BHP's 4.1% rise in Australian trading. The world's biggest miner by market value said [annual profit nearly tripled](https://www.wsj.com/articles/bhp-earnings-nearly-triple-as-coal-prices-run-hot-11660611868), benefiting from the sale of its petroleum business and strong commodity prices. The catch: Many commodity prices have fallen in recent weeks on concerns ab