Asian Mining Stocks Jump in Year-End Rally on Record-High Silver

Shares of Asian mining companies surged after silver prices spiked to an all-time high on Monday.

Australian mining companies gained the most, with Sun Silver Ltd. up as much as 24% and Silver Mines Ltd. up as much as 26%. Japanese silver producer Toho Zinc Co. gained as much as 16% in Tokyo and China-based Hunan Silver Co. rose by the 10% daily limit in Shenzhen.