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

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Copper miners' shares rose as copper prices hit a record high, driven by a weaker dollar and supply concerns from Chile and China. The benchmark three-month copper on the London Metal Exchange increased by 2.5% to $11,201.50 per metric ton. Southern Copper, Freeport-McMoRan, Hudbay Minerals, Ero Copper, and Teck Resources saw gains in their stock prices.

