BUZZ-Copper miners gain as stock markets stabilise, supply concerns persist
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U.S.-listed shares of copper miners rise premarket as copper prices increase, with benchmark copper on the LME up 0.9% to $10,812 a metric ton. Investors see the recent price pull-back as a buying opportunity amid stabilizing stock markets and ongoing supply concerns. BHP Group gains marginally, Southern Copper up 1.4%, Freeport-McMoRan rises 2.2%, Hudbay Minerals up ~2%, Ero Copper rises 1.2%, and Teck Resources gains ~1%.
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