BUZZ-Copper miners gain as red metal touches two-week high
Hudbay Minerals Inc HBM | 0.00 | |
Ero Copper ERO | 0.00 | |
Rio Tinto plc Sponsored ADR RIO | 0.00 | |
Freeport-McMoRan, Inc. FCX | 0.00 | |
Southern Copper Corporation SCCO | 0.00 |
** U.S.-listed shares of copper miners rise premarket, tracking higher prices of the red metal MET/L
** Benchmark copper CMCU3 on London Metal Exchange up 0.6% at $12,408 a metric ton, after hitting $12,492.50 a metric ton, the highest since March 18
** Copper prices rise to hit their highest in two weeks on hopes that the Iran war is close to ending
** Global mining giants Rio Tinto RIO.N up 1.6% and BHP Group BHP.N rise 1.5%
** Miners Southern Copper SCCO.N and Freeport-McMoRan FCX.N gains 2.1% and 2.3%, respectively
** Canada's Hudbay Minerals HBM.TO, HBM.N jumps 2.9%, Ero Copper ERO.TO, ERO.N adds ~3% and Teck Resources TECKb.TO, TECK.N up 3.9%