ASX miners enjoy decent session

AN EASING of trade war fears saw metal futures trading well and the equities following suit, with the Metals & Mining index closing up

ASX miners enjoy decent session ASX miners enjoy decent session ASX miners enjoy decent session ASX miners enjoy decent session ASX miners enjoy decent session

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The easing in tensions between the US and China came with a Russian front being opened up with US authorities, with sanctions against Rusal again seeing Alumina being bought by investors.

However leading the way among the bigger miners was lithium developer Pilbara Minerals which enjoyed a nice gain as it reported progress towards first DSO revenue.

That included a US$3 million pre-payment being received from Atlas Iron, which is now in the process of being consumed by Mineral Resources.

Speaking of Mineral Resources, yesterday's selling of the stock in response to its takeover of Atlas was reversed, with the contractor and miner gaining nearly 5%.

For the juniors it was rather quiet again.

Alloy Resources (AYR) garnered attention after it bega...

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