Zacks put out a note today covering non-ferrous mining stocks. The sector looks strong right now because metal prices have been climbing. Silver was up 170% in 2025 and gold is hovering near $5,000. Demand from the energy transition is the main driver here. Here are the four companies they highlighted: **Coeur Mining (CDE)** Revenues doubled to $2.1 billion last year and net income went up tenfold. They are currently acquiring New Gold, which should close in the first half of 2026. Zacks has this one as a Strong Buy. **Southern Copper (SCCO)** Posted record net sales of $13.4 billion. They have the largest copper reserves in the industry and plan to invest over $20 billion in the next decade to ramp up production, specifically in Peru and Mexico. **Freeport-McMoRan (FCX)** Focusing on expanding reserves near existing mines. They have expansion projects in Peru, Chile, and Arizona. Earnings are expected to grow about 42% in 2026 compared to last year. **Lundin Mining (LUNMF)** Recently increased their copper mineral resources by 37%. They beat production guidance for both copper and gold in 2025. Their Vicuña project is moving toward a sanction decision. The main downside mentioned is high production costs due to labor shortages and supply chain issues, but volume growth is helping offset that.