BUZZ-Australian miners rise on stronger copper prices
Reuters
Sep 02
BUZZ-Australian miners rise on stronger copper prices
** Australian mining stocks .AXMM gain as much as 0.4% to their highest since May 28, 2024
** AXMM set for third consecutive session of gains
** Sub-index tracks copper prices, which climbed to their highest in more than a month on Monday, supported by upbeat manufacturing data from top metals consumer China, weaker dollar MET/L
** Mining major BHP Group BHP.AX rises 0.5%, smaller peer Rio TintoRIO.AX up 0.4%
** YTD, AXMM gains 16.5%
(Reporting by Rajasik Mukherjee in Bengaluru)
((Rajasik.Mukherjee@thomsonreuters.com))
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