BUZZ-UK mining cos extend rally on copper surge

Wed Jul 13, 2016 3:44am EDT
 
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** Shares in miners of base metals hit multi-month highs, among top gainers on the FTSE, as copper continues to rally

** Pure-play copper miner Antofagasta up 3.5 pct, top of the FTSE 100 and near 3-mth highs

** Global miners Anglo American, Glencore, BHP Billiton, Rio Tinto up 1.2-1.7 pct; Anglo at highest levels in a year, Glencore at highest in 11 mths

** Stoxx 600 Basic Resources Index up 2 pct, best performing sector in Europe on the day

** Index now at its highest since last August, set for sixth-straight day of gains

** LME copper briefly rose above $5,000 earlier in the day for the first time since late May, now up 1.4 pct at $4,938.50 (venkateshasoumithri.mamidipudi.thomsonreuters.com@reuters.net)