** Australia's mining stocks .AXMM rise 0.6%, on track for its second consecutive session of gains

** Sub-index rose as much as 1% earlier in the session to its highest level since March 31

** Iron ore futures hit more than two-week high, aided by a U.S.-China temporary trade agreement, while caution over a final deal and potentially slower near-term demand limited gains IRONORE/

** Shares of miners BHP Group BHP.AX, Rio Tinto RIO.AX and Fortescue FMG.AX up between 2.5% and 3.6%

** Sub-index up 2.8% this year, as of last close

(Reporting by Sherin Sunny in Bengaluru)

((Sherin.Sunny@thomsonreuters.com;))