Copper miners rise as red metal prices hit record high on softer dollar, lower supply

Benchmark three-month copper CMCU3 on the London Metal Exchange up 2.5% at $11,201.50 a metric ton

Copper prices powered to a record high, boosted by a weaker dollar and concerns over lower supply from top copper miner Chile and smelters in China, the world's biggest consumer of the metal

A softer dollar makes dollar-denominated metals more affordable for holders of other currencies

Miners Southern Copper SCCO.N up 1.5% and Freeport-McMoRan FCX.N up 2.3%

Canada's Hudbay Minerals HBM.TO up ~2% and Ero Copper ERO.TO climbs 4.4% and Teck Resources TECKb.TO gains marginally