Miners again in the red

IT WAS an off day for the resources sector with the Metals & Mining index falling 0.63% and only the gold sector posting a gain.

Miners again in the red Miners again in the red Miners again in the red Miners again in the red Miners again in the red

That 1.28% gain came despite the gold price doing nothing, while the fall in the diversified sector came despite base metal futures being up in Asian trade.

The best mining equity was graphite heavyweight Syrah Resources, which had a huge day for no discernible reason.

Second place getter Galaxy was also an impressive performer after giving some pricing and offtake details for its lithium-spodumene production.

Third place getter AngloGold was part of the gold-in-favour-today crowd.

For the juniors Winmar Resources (WFE) rose 66% intra-day after a Spanish forestry company said “si” when the ASX-listed junior enquired about getting drill access to its Lomero gold-silver-cop...

loader