Australian miners gain most in 2 months as copper prices rally
12/06/2026 05:34
BUZZ-Australian miners gain most in 2 months as copper prices rally ** Australian mining stocks .AXMM rise as much as 4%, hitting its biggest intraday pct gain since April 8
** Sub-index touches its highest level since June 5
** Benchmark .AXJO up 1.9%
** Miners surge on the back of firm copper prices amid easing oil prices and hopes that a peace deal between the U.S. and Iran is nearing an end MET/L
** Heavyweights BHP Group BHP.AX and Rio Tinto RIO.AX jump 3.4% and 2.9%, respectively
** YTD, AXMM up 16.7%, AXJO flat
(Reporting by Aamir Sheik Khalid in Bengaluru)
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