Australian copper miners advance on strong commodity prices

Sandfire Resources

11/08/2026 04:27

** Australian copper miners advance, adding gains in the broader benchmark .AXJO, which is up 0.2%
** Prices of the red metal gained overnight, consolidating above the $14,000-mark on low inventories and supply concerns, among others MET/L
** Sandfire Resources SFR.AX gains as much as 2.2% to A$21.62, highest level since June 17
** Sandfire on track for eighth straight day of gains
** Australia-listed shares of Capstone Copper CSC.AX rise as much as 3.9% to A$16.16, highest since February 17
** Capstone Copper on track for six-session winning rally

 (Reporting by Nikita Maria Jino in Bengaluru)
 ((Nikita.Jino@thomsonreuters.com;))