Australian miners hit two-week peak on higher copper prices

South32

17/06/2026 06:26

** Australian miners .AXMM gained as much as 1.7%, their highest since June 3
** Benchmark ASX 200 .AXJO  up 0.5%
** Copper prices inched higher, helped by the U.S.-Iran peace deal MET/L 
** Sector giant BHP BHP.AX gains 0.6%, while diversified miner South32 S32.AX rises 0.9%
** YTD, sub-index up 22.6% vs .AXJO's nearly 3% rise

(Reporting by Keshav Singh Chundawat in Bengaluru)
((Keshav.singhchundawat@thomsonreuters.com))