The value of copper has seen a decline, impacting the shares of copper miners.

This decrease follows a more stringent policy from the U.S.

Federal Reserve and an observable growth in metal inventories.

Copper on the London Metal Exchange has dipped 2.1%, resulting in a price of $8,169.5 per metric ton.

Consequently, shares of U.S.

miners Southern Copper (ASX:SCCO) and Freeport-McMoRan fell 1.9% and 2.7% respectively.

Likewise, U.S.-listed shares of global mining giants Rio Tinto and BHP Group were reported down 2.2% and 2.5% respectively.

U.S.-listed shares of Canadian miners Hudbay Minerals and Teck Resources also registered a fall at 0.4% and 2.2% respectively.

Southern Copper (ASX:SCCO) is a major mining company specializing in the extraction and processing of copper and other valuable metals.