BUZZ-Copper miners rise as stronger yuan offsets tariff uncertainty

Reuters
02 Jul
BUZZ-Copper miners rise as stronger yuan offsets tariff uncertainty

** U.S.-listed shares of copper miners rise premarket, tracking prices of the red metal

** Benchmark three-month copper CMCU3 on the London Metal Exchange up 0.2% at $9,951 a metric ton

** Copper prices rose as a stronger yuan currency in top metals consumer China and weak U.S. dollar offset uncertainty about global trade tensions

** Global mining giants Rio Tinto RIO.N and BHP Group BHP.N rise 2.3% and 1.4%, respectively

** Copper miners Southern Copper SCCO.N and Freeport-McMoRan FCX.N up 1.3% and 1.6%, respectively

** Canadian miners Hudbay Minerals HBM.N up 1% and Teck Resources TECK.N rises 2.8%

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))

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