BUZZ-Copper miners rise as metal prices jump to near one-month high

Reuters12-09
BUZZ-Copper miners rise as metal prices jump to near one-month high

** U.S.-listed shares of copper miners up premarket, as prices of the red metal jumped to the highest in nearly a month

** Benchmark three-month copper CMCU3 on the London Metal Exchange $(LME.UK)$ up 1% at $9,212.50 a metric ton, the highest since Nov. 12

** Copper prices jump after top metals consumer China said it would take more action to boost its lethargic economy

** U.S.-listed shares of global mining giants Rio Tinto RIO.N and BHP Group BHP.N rise 5.5% and 5%, respectively

** Copper miners Southern Copper SCCO.N and Freeport-McMoRan FCX.N up 2.2% and 3.4%, respectively

** U.S.-listed shares of Canadian miners Hudbay Minerals HBM.N up 4.5% and Teck Resources TECK.N rises 1.2%

(Reporting by Pooja Menon in Bengaluru)

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

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