BUZZ-Copper miners fall amid US-China trade tensions

Reuters
Oct 14
BUZZ-Copper miners fall amid US-China trade tensions

** U.S.-listed shares of copper miners fall premarket, tracking lower prices of the red metal MET/L

** Three-month copper on the London Metal Exchange CMCU3 eased 2.6% to $10,544.50/metric ton

** Prices fell due to worries about trade tensions between the United States and China, the world's two largest economies, and their potential effect on demand for growth-dependent metals

** Global mining giants Rio Tinto RIO.N and BHP Group BHP.N down 2.7% and 1.5% respectively

** Southern Copper SCCO.N down 2% and Freeport-McMoRan FCX.N falls 2.6%

** Canada's Hudbay Minerals HBM.TO, HBM.N down 1.5%, Ero Copper ERO.TO, ERO.N falls 3.1% and Teck Resources TECKb.TO, TECK.N dips 2.9%

(Reporting by Katha Kalia in Bengaluru)

((katha.kalia@thomsonreuters.com;))

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