Australian miners rise on the back of strong metal prices
BUZZ-Australian miners rise on the back of strong metal prices ** Shares of Australian miners .AXMM up as much as 1.4%
** Copper prices were up on Friday, helped by concerns over mine supply disruptions, signs of active demand in top consumer China and tight visible inventories outside the US MET/L
** Shares of mining majors Rio Tinto RIO.AX, BHP BHP.AX and Fortescue FMG.AX up between 0.7% and 2.2%
** Sub-index up 13.2% YTD, including the session's moves
(Reporting by Roshan Thomas in Bengaluru)
Recent news on BHP
See all newsAustralian miners hit a three-month low on softer copper prices
BHP chair points to Canada tax incentives in call for investment reforms (updated)
BHP says uranium market still too small for miner to pursue
BHP chair says Australia must compete harder for global investments
Brief: BHP Says Company-Wide Current Plans Expected To Support Compound Annual Production Growth Of 3-4% Through To 2035