BUZZ-Copper miners rise as red metal soars to record highs

Reuters05-21

** Copper miners rise tracking prices of the red metal, after a recent rally triggered by short covering created momentum for speculators and funds to bet on higher prices of the metal used in the power and construction industries

** Benchmark three-month copper on the London Metal Exchange up 2.1% at $10,897 a metric ton, after peaking at $11,104.5, a gain of 30% since the start of the year

** U.S.-listed shares of global mining giant BHP Group

rise 0.6%

** Copper miners Southern Copper and Freeport-McMoRan up 3.2% and 1.5%, respectively

** Canadian miners Teck Resources , Hudbay Minerals , Ero Copper and First Quantum Minerals gain between 3.7% and 7.6%

(Reporting by Vallari Srivastava in Bengaluru)

((Srivastava.Vallari@thomsonreuters.com;))

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