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Copper miners fall on rising inventories and strong dollar

ReutersFeb 5, 2026 2:53 PM

Shares of copper miners fall, tracking prices of the red metal

Benchmark copper CMCU3 on the London Metal Exchange down 0.9% at $12,925 per metric ton

Global mining giants Rio Tinto RIO.N and BHP Group BHP.N down 2.6% and ~3%, respectively

Southern Copper SCCO.N drops 2.2%; Freeport-McMoRan FCX.N falls 1.5%

Canada's Teck Resources TECKb.TO down marginally, Hudbay Minerals HBM.TO and Ero Copper ERO.TO both fall 5%

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