Better sentiment for miners

AN excellent close to a rather volatile week for the resources sector with Metals & Mining closing up around 2.2% on the ASX 200.

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Following on from yesterday, the gold patch again led the charge, though this time a strong rise in the US dollar gold price was the big encouragement for equity investors.

However, bullion was softening in the background over the course of the ASX session, as base metals did the opposite.

The apparent reason for the flip: some sense the worst of the equities market sell down is past, with US futures, for example, on the rise.

Among the individual mining stocks, Lynas and Fortescue were the only gatecrashers at the gold party, with investors possibly speculating all will be well for the former in Malaysia and the latter in China.

For the juniors RTG Mining (RTG) rose as much as 31% as it reported a licence renewal with regards the high grade copper-gol...

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