Miners up despite overall weakness

THE mining sector had a positive day on the ASX, despite the broader market finishing lower.

Miners up despite overall weakness Miners up despite overall weakness Miners up despite overall weakness Miners up despite overall weakness Miners up despite overall weakness

THE S&P/ASX 200 closed 0.1% lower after a lacklustre session on Wall Street overnight.

The Metals & Mining sub-index closed nearly 0.9% higher with 88.5% of stocks in positive territory.

The best performer was lithium producer Orocobre, which jumped by 5.6%.

Gold producer Resolute Mining was the best of the gold stocks with a 4.3% jump, though Evolution Mining and Regis Resources each gained more than 3%.

Evolution hit an all-time intraday high of A$3.52, while Regis Resources reached a five-year high of $5.08.

Australian dollar spot gold hit a June high of $1724 following the US interest rate rise overnight.

Just outside the ASX 200, nickel-cobalt developer Clean TeQ Holdings jumped by 11% to $1.155.

Nickel explorer Gol...

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