Tariff tensions tarnish ASX miners

AFTER yesterday’s sanguine session regarding tariffs and trade wars, investors today went back into bearish mode, marking down the Metals & Mining segment around 1.3% on the ASX 200.

Tariff tensions tarnish ASX miners Tariff tensions tarnish ASX miners Tariff tensions tarnish ASX miners Tariff tensions tarnish ASX miners Tariff tensions tarnish ASX miners

Big falls in metals futures in Asian trade were concerns to mining bulls of all persuasions, with zinc down more than 4% around the time the ASX was closing and copper and nickel not much better - both down around 3.5%.

For its part gold was fetching around US1250 per ounce.

For the equities, new lithium producer Pilbara Minerals was the only bigger capitalised stock showing a meaningful gain.

Among the juniors, Manhattan Corp (MHC) was of some interest to a few investors as it gets set to drill the Joshua porphyry target in Chile following the recent formation of a joint venture with Helix.

Manhattan was up 31% on little turnover.

Speaking of Manhattan, Marenica Energy (MEY) rose around 16% having recently increased its uranium exposure. Urani...

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