• Shares of Australian copper miners hit multi-month peaks to become among the top gainers on the broader benchmark, which is down 0.3%

• Copper prices were set to close at an all-time high as worries about supply shortages outweighed concerns about lower demand due to the stalemate in the Iran war [MET/L]

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

rise as much as 3.8% to A$13.51, extending gains for the second consecutive session

• Sandfire Resources advances 3.2% to A$19.13, on track for five consecutive sessions of gains

• Both stocks hit their highest point since early March

(Reporting by Nikita Maria Jino in Bengaluru)