RIO News: Miners Gain on Report of Chinese Fiscal Stimulus Plans - 7th Jul 2022, 8:42pm

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By Geoffrey Smith

Investing.com -- London-listed mining stocks rallied hard on Thursday after a newswire report suggesting that China is prepared to ramp up infrastructure spending again in an effort to revive an economy hobbled by Covid-19 lockdowns.

Antofagasta (LON:ANTO) stock, Anglo American (LON:AAL) stock and Glencore (LON:GLEN) stock all rose by between 6% and 7.8% as base metals prices reacted strongly to the report, which suggested that Beijing is resorting to a tried and trusted sort...

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