From Wall Street Journal:

Gold miners are capitalizing on the highest gold prices ever by reinvesting in copper. Companies like Newmont and Barrick Gold are making deals and other investments in copper to gain more control over a key commodity for the global energy transition. Copper is crucial for building electric vehicles, wind turbines, and solar-power systems. This strategic move by gold producers reflects the growing importance of copper in the renewable energy sector.



Read more: The Hottest Property in Gold Mining Is Copper