Copper Miners' Shares Mixed as Global Prices Hit Record Highs

MT Newswires Live

01/07

Shares of Sandfire Resources (ASX:SFR) inched up in recent Wednesday trade, while Capstone Copper (ASX:CSC) fell past 3%, as global copper prices surged to record highs on the London Metal Exchange amid supply concerns, a US import rush, and a renewed risk-on mood in financial markets.

Copper prices rose 1.6% to settle at $13,195.50 a ton on the London Metal Exchange.

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