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Apr 02 - 06:55 AM

Copper - Miners Down After Trump Threatens More Attacks On Iran

By Pooja Menon  —  Apr 02 - 04:47 AM

• U.S.-listed shares of copper miners fall premarket, tracking lower prices of the red metal [MET/L]

• Benchmark three-month copper on London Metal Exchange down 1.06% at $12,305 a metric ton

• Copper prices fall for the first time in five sessions, weighed down by renewed concerns over economic growth after U.S. President Donald Trump vowed more strikes on Iran and gave no specific timeline on ending the conflict

• Shares of Global mining giants Rio Tinto and BHP Group fall 2.6% and 3.1%, respectively

• Copper miners Southern Copper and Freeport-McMoRan down 3.6% and 3.2%, respectively

• Canada's Hudbay Minerals , slides 4.2%, Ero Copper , down 2.7% and Teck Resources , falls 4.1%

(Reporting by Pooja Menon in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters

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