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Headline gain disguises negative session for many ASX miners

A HEADLINE gain of about 0.6% by Metals & Mining on the ASX 200 to close the week disguised a negative session for most mining stocks as a jump in US inflation saw expectations on interest rate hikes increase.

Michael Quinn
Headline gain disguises negative session for many ASX miners

The headline gain was a function of the strong iron ore price - back above US$150/t in Singapore - a situation that saw shares in the big three miners of the bulk being in demand from investors. Base...

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