BUZZ-Australian miners advance on higher iron ore prices

Reuters
08/06
BUZZ-Australian miners advance on higher iron ore prices

** Shares of miners in the ASX 300 Metals & Mining index .AXMM rise as much as 1.5%, their highest level since July 28

** Mining sector tracks iron ore prices higher

** Iron ore futures rose on Tuesday, helped by strong near-term demand in top buyer China IRONORE/

** Earlier in the session, mining giant BHP Group BHP.AX up 0.4% and iron ore miner Rio Tinto RIO.AX adds 1%

** AXMM up 7.4% this year, including the day's move

(Reporting by Rajasik Mukherjee in Bengaluru)

((Rajasik.Mukherjee@thomsonreuters.com))

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