BUZZ-Copper miners gain as red metal hits record high

Reuters
2026.01.14 15:38
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Shares of copper miners rise, tracking gains in red metal prices (MET/L) Benchmark three-month copper on London Metal Exchange (CMCU3) up 0.4% at $13,218 per metric ton, after touching a record $13,407 earlier in the session Prices rise on persistent demand from speculative funds, but some investors wary that rally will deter industrial buyingU.S.-listed shares of global mining giants: Rio Tintoup 2.5%; BHP Groupgains 2.3%Southern Coppergains 2.6%; Freeport-McMoRanup marginallyCanadian miners: Teck Resources (TECKb.TO) up 2.2%; Hudbay Minerals (HBM.TO) gains 1.4%