Australian copper miners gain as tariff uncertainties boosts metal

Sandfire Resources

02/06/2026 04:52

** Shares of Australian copper miners rise to become among the top movers on the broader benchmark .AXJO, which is down 0.6%
** Copper prices climb to a more than two-week high on unresolved U.S. tariff uncertainty and subsequent tightening supply outside the United States MET/L
** Canada-based miner Capstone Copper's ASX-listed shares CSC.AX rise as much as 3.5% to A$15.71, hitting their highest since February 17
** Capstone on pace to book third straight day of gains
** Sandfire Resources SFR.AX gains as much as 2.1% to A$19.92, touching their highest since May 27

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