Australian miners rise to 1-week high as copper prices gain

BHP

06/10/2026 02:14

** Australian miners .AXMM rise as much as 1%, their highest level since September 30
** Sub-index on course for third consecutive session of gains, if current trend holds
^^ Miners rise on the back of firmer copper prices after fading prospects of an increase to US interest rates and growing likelihood of mine strikes in Chile outweighed pressure from a strong dollar MET/L
** Heavyweight miners BHP Group BHP.AX and Rio Tinto RIO.AX rise above 0.5% each
** YTD, AXMM sub-index up more than 14%

 (Reporting by Aamir Sheik Khalid in Bengaluru)
 ((Aamir.SheikKhalid@thomsonreuters.com))