Copper miners gain as red metal touches two-week high

U.S.-listed shares of copper miners rise premarket, tracking higher prices of the red metal MET/L

Benchmark copper CMCU3 on London Metal Exchange up 0.6% at $12,408 a metric ton, after hitting $12,492.50 a metric ton, the highest since March 18

Copper prices rise to hit their highest in two weeks on hopes that the Iran war is close to ending

Global mining giants Rio Tinto RIO.N up 1.6% and BHP Group BHP.N rise 1.5%

Miners Southern Copper SCCO.N and Freeport-McMoRan FCX.N gains 2.1% and 2.3%, respectively

Canada's Hudbay Minerals HBM.TO, HBM.N jumps 2.9%, Ero Copper ERO.TO, ERO.N adds ~3% and Teck Resources TECKb.TO, TECK.N up 3.9%