High prices by historical standards have encouraged investment into a pipeline of new projects and restarts, which will continue to come online in 2021, Fitch forecasts.
Copper prices jumps to highest since February 2013 on hopes US economic stimulus will further boost demand for metal already in short supply amid an Asian factory and construction boom.
Despite gold's price slump, strong copper and iron ore prices lifted MINING.COM's ranking of the world's 50 most valuable miners to a new record high of $1.35 trillion.