Copper miners rise as US dollar weakens

Copper miners rise, tracking prices of the red metal

Benchmark three-month copper CMCU3 on the London Metal Exchange up 1.9% at $9,159 a metric ton, driven by a weaker U.S. dollar, though gains were capped by the potential for trade conflict between the U.S. and China to curb demand

Softer U.S. dollar makes commodities such as copper less expensive for buyers using other currencies

U.S.- listed shares of global mining giants Rio Tinto RIO.N and BHP Group BHP.N up 2.6% and 2.8%, respectively

Shares of Southern Copper SCCO.N and Freeport-McMoRan FCX.N up 1.3% and 3.2%, respectively

Canadian miners Teck Resources TECKb.TO up 1.8%, Hudbay Minerals HBM.TO up 3.7% and Ero Copper ERO.TO up 2%