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Copper miners rise as red metal touches two-week high

ReutersApr 1, 2026 2:36 PM

Shares of copper miners rise, tracking higher prices of the red metal MET/L

Benchmark copper CMCU3 on London Metal Exchange up 0.2% at $12,364 a metric ton, after hitting $12,492.50, the highest since March 18

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

U.S.-listed shares of global mining giants Rio Tinto RIO.N up marginally and BHP Group BHP.N rise 1%

Miners Southern Copper SCCO.N and Freeport-McMoRan FCX.N gains 2.9% and 3.6%, respectively

Canada's Hudbay Minerals HBM.TO jumps 3.4%, Ero Copper ERO.TO adds 3.4% and Teck Resources TECKb.TO up 2.6%

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