BUZZ-Copper miners down after Iran denies talks to end war, attacks Israel
Hudbay Minerals Inc HBM | 24.33 | +3.66% |
Ero Copper ERO | 31.15 | +1.07% |
Rio Tinto plc Sponsored ADR RIO | 98.26 | +1.16% |
Freeport-McMoRan, Inc. FCX | 67.80 | +2.03% |
Southern Copper Corporation SCCO | 192.56 | +2.40% |
** U.S.-listed shares of copper miners fall premarket, tracking lower prices of the red metal MET/L
** Benchmark three-month copper CMCU3 on London Metal Exchange down 1.4% at $11,991.50 per metric ton
** Copper prices fall after Iran denied holding talks with U.S. to end the war in Middle East and launched fresh missile attacks on Israel
** Global mining giants Rio Tinto RIO.N and BHP Group BHP.N fall 1.3% and 1.2%, respectively
** Copper miners Southern Copper SCCO.N and Freeport-McMoRan FCX.N down marginally and 1.2%, respectively
** Canada's Hudbay Minerals HBM.TO, HBM.N slides 4.3%, Ero Copper ERO.TO, ERO.N down 1.2% and Teck Resources TECKb.TO, TECK.N falls 2.6%