BUZZ-Canadian miners: Shares fall on weak metal prices

Mon Sep 28, 2015 11:09am EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

** Shares of Canadian miners hit as metal prices fall

** Copper, aluminium slid to 1-month lows, while zinc hits weakest level in over 5 years on worries about upcoming data that may show weak industrial activity in China

** Stocks also weighed by Glencore's 30 pct plunge on fears over its ability to withstand prolonged fall in metal prices

** First Quantum Minerals Ltd down 13 pct; shares touch 6-year low of C$4.72

** Teck Resources down 9.2 pct, Lundin Mining Corp down 5 pct, HudBay Minerals Inc down 8.4 pct

** Sherritt International Corp down 8.6 pct at an all-time low of C$0.74