Mining sector soft

RATHER unremarkable session for the resources sector with Metals & Mining falling about 0.3% on the ASX 200. The fall could have been worse had it not been for the gold patch’s gain of about 0.6%.

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Base metal futures were up in Asian trade, with nickel gaining nearly 3% and copper about half that amount.

On the equities front, it was "broken record" material as new lithium miner Pilbara Minerals again topped the charts, while gold miner Northern Star Resources also enjoyed another good session as Van Eck traded up and Black Rock traded down this month.

Among the sometime brave, and just as often reckless, low profile Nelson Resources (NES) traded up 20% during the session having expanded its ground position and begun another phase of drilling at the "exciting" Socrates gold prospect south east of Kambalda in Westerns Australia.

Nelson features premier gold mine renovator Peter Cook as its non-executive chairman.

Sabre Resources (SBR) was up 15% i...

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