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Copper miners down amid uncertainty on tariffs, interest rates

ReutersAug 14, 2025 4:27 PM

** Shares of copper miners fall, tracking the red metal's price

** Benchmark three-month copper CMCU3 on London Metal Exchange down 0.4% at $9,766 per metric ton, having slipped from its highest in over two weeks, touched on Tuesday at $9,865

** Copper prices drifted lower on a firm U.S. dollar and as investors stayed on the sidelines awaiting clarity on a range of issues, including tariffs, the Ukraine war, Chinese demand and U.S. interest rates

** U.S.-listed shares of global mining giants Rio Tinto RIO.N and BHP Group BHP.N down 2.1% and 2%, respectively

** Copper miners Southern Copper SCCO.N and Freeport-McMoRan FCX.N down 3% and 2%, respectively

** Canadian miners Hudbay Minerals HBM.TO down 3.2%, Ero Copper ERO.TO down 1% and Teck Resources TECKb.TO down 2%

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