The Hottest Property in Gold Mining Is Copper

ADELAIDE, Australia—Gold miners not too long ago celebrated the valuable metallic fetching its highest worth ever. They’re reinvesting a lot of that windfall in copper.

From central Mexico to the Australian Outback, gold producers led by Newmont and Barrick Gold are elevating bets on copper via offers and different investments that may give them extra affect over a commodity very important to the worldwide vitality transition. Copper is crucial for constructing electrical autos, wind generators and solar-power techniques.