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BUZZ-Copper miners fall as available LME inventories jump

Reuters
07/15
BUZZ-Copper miners fall as available LME inventories jump

** Shares of copper miners fall, tracking prices of the red metal MET/L

** Benchmark three-month copper CMCU3 on the London Metal Exchange falls 0.3% to $9,626 a metric ton

** Prices fall after a rise in available inventories in London Metal Exchange-approved warehouses and a stronger U.S. dollar triggered selling, although above-consensus loan data from top consumer China offered some support

** Global mining giants: Rio Tinto RIO.N down 2.2% and BHP Group BHP.N falls marginally

** Copper miners Southern Copper SCCO.N and Freeport-McMoRan FCX.N dip 1.6% and 2%, respectively

** Canadian miners: Ero Copper ERO.TO falls 2.7% and Teck Resources TECKb.TO down 1%

(Reporting by Katha Kalia in Bengaluru)

((Katha.Kalia@thomsonreuters.com))

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