Miners Regain Mojo as Outlook for Commodity Supercycle Heats Up
- BHP and Glencore lift dividends amid global economic rebound
- Wall Street analysts’ bullish chorus on resources grows louder
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Two of the world’s top miners boosted their dividends amid growing optimism about a new commodities boom driven by a rebounding global economy, massive stimulus and supply shortages.
Glencore Plc shares jumped to the highest in nearly two years as the miner and commodity trader said it would resume payouts after suspending them last year, while BHP Group paid a record dividend.