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Aug 12 - 02:55 AM

Copper - Australian Copper Miners Gain As Supply Fears Lift Commodity Prices

By Nikita Maria Jino  —  Aug 12 - 01:36 AM

• Australian copper stocks rise vs broader benchmark's 0.6% fall

• Copper prices edged up on supply fears after a temporary shutdown at a major Indonesian smelter, ahead of key U.S. inflation data [MET/L]

• Sandfire Resources rise as much as 1.9% to A$21.72, highest level since January 30

• Sandfire on track for ninth straight day of gains

• Australia-listed shares of Capstone Copper gain as much as 2% to A$16.2, highest since February 16

• Capstone on track for seven-session winning run
(Reporting by Nikita Maria Jino in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters
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