European mining stocks hit record high above 2008 peak

European mining stocks hit a record high on Wednesday, surpassing a peak set in 2008. The sector has gained 25% this year amid rising precious metal prices.

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European mining shares reached a historic milestone on Wednesday, climbing to an all-time high and surpassing the previous peak established in 2008. This breakthrough serves as the latest indicator of a broadening rally across European equity markets, which has gained significant momentum over the past year.

A visual of the Euronext stock exchange display reflected within the La Defense business district in Paris, France, from March 2025. REUTERS/Benoit Tessier
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