By Sumit Saha — May 30 - 12:40 PM
• Shares of copper miners down, tracking prices of the red metal
• Benchmark three-month copper on the London Metal Exchange lost 0.6% to $9,510 a metric ton
• Copper prices slipped under pressure from a stronger U.S. dollar, but remained on course for their biggest monthly rise in eight months due to tighter nearby supply
• U.S.-listed shares of global mining giants Rio Tinto
and BHP Group down 1.7% and 1.3%, respectively
• Copper miners: Southern Copper falls 2.6%, and Freeport-McMoRan down 2.9%
• Canadian miners: Both Hudbay Minerals and Teck
Resources dip 2.2%, Ero Copper down 1.2%
(Reporting by Sumit Saha in Bengaluru)
Source:
London Stock Exchange Group | Thomson Reuters