Copper miners gain as price of red metal edges higher

Hudbay Minerals

14/07/2026 11:24

** U.S.-listed shares of copper miners rise premarket, tracking gains in prices of the red metal MET/L
** Benchmark copper CMCU3 on London Metal Exchange up 0.4% at $13,601 a ton, its highest since June 23
** Copper prices rise to touch their strongest in three weeks on signs of firmer demand and shortages in China, as well as supply worries after more attacks in the Middle East
** Shares of global mining giants Rio Tinto RIO.N up 2% and BHP Group BHP.N rise 1.7%
** Miners Southern Copper SCCO.N up 1.3% and Freeport-McMoRan FCX.N adds 1.4%
** Canada's Hudbay Minerals HBM.TO, HBM.N adds 1.4%, Ero Copper ERO.TO, ERO.N gains 1.6% and Teck Resources TECKb.TO, TECK.N up marginally

 (Reporting by Pooja Menon in Bengaluru)
 ((Pooja.Menon@thomsonreuters.com;))