BUZZ-Copper miners fall after strong US jobs data

Reuters
Jul 03, 2025
BUZZ-Copper miners fall after strong US jobs data

** Shares of copper miners fall, tracking a decline in prices of the red metal

** Benchmark three-month copper CMCU3 on London Metal Exchange down 0.3% at $9,980 a metric ton

** Copper prices slipped as the dollar rose after data showed stronger-than-expected jobs growth in the United States, suggesting the Federal Reserve may not immediately cut interest rates

** U.S.-listed shares of global mining giants Rio Tinto RIO.N down 2% and BHP Group BHP.N fall marginally

** Copper miner Southern Copper SCCO.N down marginally

** Canadian miners: Hudbay Minerals HBM.TO falls 1.4%, Teck Resources TECKb.TO down 2.6% and Ero Copper ERO.TO dips 3.6%

(Reporting by Sumit Saha in Bengaluru)

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

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