Australian copper miners gain as supply fears lift commodity prices

Sandfire Resources

12/08/2026 06:35

** Australian copper stocks rise vs broader benchmark's .AXJO 0.6% fall 
** Copper prices edged up on supply fears after a temporary shutdown at a major Indonesian smelter, ahead of key U.S. inflation data MET/L
** Sandfire Resources SFR.AX rise as much as 1.9% to A$21.72, highest level since January 30
** Sandfire on track for ninth straight day of gains
** Australia-listed shares of Capstone Copper CSC.AX gain as much as 2% to A$16.2, highest since February 16
** Capstone on track for seven-session winning run

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