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TDUX
Apr 09 - 02:55 AM

Copper - Australian Copper Miners Fall As Metal Loses Sheen On Mideast Concerns

By Nikita Maria Jino  —  Apr 09 - 12:47 AM

• Shares of Australian copper miners fall, while the broader benchmark trades little changed

• Copper prices slip from a three-week peak as renewed Middle East tensions cast doubt on whether the U.S.-Iran ceasefire would hold, reviving concerns over the global growth outlook [MET/L]

• Canada-based miner Capstone Copper's ASX-listed shares

fall as much as 4.2% to A$11.93, post their biggest intraday pct loss since March 27

• Sandfire Resources falls as much as 5.4% to A$17.16, on track for its biggest one-day decline since March 23

• Miner also flags FY26 copper equivalent production to be at lower end of forecast range

(Reporting by Nikita Maria Jino in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters

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