BUZZ-Copper miners gain as caution prevails after Iran-Israel truce announcement

Reuters
06-24
BUZZ-Copper miners gain as caution prevails after Iran-Israel truce announcement

** U.S.-listed shares of copper miners gain premarket, tracking rising prices of the red metal

** Benchmark three-month copper CMCU3 on the London Metal Exchange up 0.5% at $9,717.5 per metric ton

** Copper prices rise as caution prevailed after U.S. President Donald Trump announced the Iran-Israel ceasefire

** Global mining giants Rio Tinto RIO.N and BHP Group BHP.N rise 1.1% and 1.5% respectively

** Copper miners Southern Copper SCCO.N up marginally and Freeport-McMoRan FCX.N up 1.4%

** Canadian miners Hudbay Minerals HBM.N up ~2% and Ero Copper ERO.N up 2.3%

(Reporting by Sumit Saha in Bengaluru)

((Sumit.Saha@thomsonreuters.com;))

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