BUZZ-UK miners: languishing metals prices hurt shares

** UK miners down 2.8%, extending falls from earlier in the week

** Gold languishes near 5-yr lows. London copper at two-week lows, Chinese steel & iron ore futures fall as demand weakens

** BHP Rio Tinto Fresnillo, Anglo American, Glencore Randgold & Antofagasta (Other OTC: ANFGF - news) down 2.4% to 3.6% -- all top FTSE 100 losers

** Gold fell for a seventh session in eight, reflecting sustained downward pressure partly motivated by a looming hike in U.S. interest rates

** HSBC analysts reduce their 12 month target gold price to $1275 from $1325; but add they expect a rebound in gold and in the sector in the next few quarters

** On FTSE 250, Acacia Mining (Other OTC: ABGLF - news) down nearly 4 pct, Centamin (Toronto: CEE.TO - news) down 2.3 pct, Kaz Minerals (LSE: KAZ.L - news) down 2.2 pct, all top losers

** HSBC analysts cut Acacia to "hold" from "buy" citing recent strong share price performance

** BHP reports results on Wednesday, expects hit of $650 mln from copper writedowns

** Fresnillo (Other OTC: FNLPF - news) reported H1 production on Wednesday largely in line with analysts' expectations, and increased its gold production guidance (venkateshasoumithri.mamidipudi.thomsonreuters.com@reuters.net)