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NevGold pushes beyond Limo Butte resourceHeritage drills six-metre gold zone at MelbaSalazar discovers ‘high-grade’ tungsten at Pijili ProjectAguia aligned with newly approved government-backed fertiliser incentiveUS Department of Energy injects $13.9 million into critical mineralsQueensland legislation backs critical minerals explorationDevEx follows Nabarlek-style clues at KPAlurion drills towards Amargosa Prefeasibility StudyMoonlight hits broad copper zones at Peak DownsLegal battle heats up for major iron ore miner FortescueLithium Universe recovers gallium and platinum from e-wasteRokeby reports maiden tailings resource at OmeoCritical Resources links up with CSIRO for battery technologyBarkly advances 10,000m drilling at flagship projectAntilles Gold signs binding deal for Cuban sanction reliefRenegade expands loan facility to $2 millionUS Army’s Janus Program puts spotlight on uranium supplyMithril extends Copalquin silver-gold corridor to 550mFelix Gold produces antimony metal from pilot plantStrategic Energy tests two Canobie targets NevGold pushes beyond Limo Butte resourceHeritage drills six-metre gold zone at MelbaSalazar discovers ‘high-grade’ tungsten at Pijili ProjectAguia aligned with newly approved government-backed fertiliser incentiveUS Department of Energy injects $13.9 million into critical mineralsQueensland legislation backs critical minerals explorationDevEx follows Nabarlek-style clues at KPAlurion drills towards Amargosa Prefeasibility StudyMoonlight hits broad copper zones at Peak DownsLegal battle heats up for major iron ore miner FortescueLithium Universe recovers gallium and platinum from e-wasteRokeby reports maiden tailings resource at OmeoCritical Resources links up with CSIRO for battery technologyBarkly advances 10,000m drilling at flagship projectAntilles Gold signs binding deal for Cuban sanction reliefRenegade expands loan facility to $2 millionUS Army’s Janus Program puts spotlight on uranium supplyMithril extends Copalquin silver-gold corridor to 550mFelix Gold produces antimony metal from pilot plantStrategic Energy tests two Canobie targets
Open pit mine

ASX makes trek back up, miners left behind

The ASX reversed its early down trend to make a marginal shift back into positive territory, but the miners were not along for the ride. 

The S&P/ASX 200 ticked up 13.2 points, or 0.17%, to 7,932.1 points by the closing bell Friday (21 March).

Over the last five days, the index has gained 1.83%, but is down 2.78% in the last year to date.

More sectors ended the week lower than higher, including materials which edged down 0.13%. Energy also closed down 0.13%.

Utilities and industrials were up 1.07% and 0.87%, respectively. 

Coal producer Coronado Global Resources (ASX:CRN) tumbled 13.04% to $0.40, while lithium miners Liontown Resources (ASX:LTR) and Pilbara Minerals (ASX:PLS) retreated 5.72% to $0.66 and 5.13% to $1.85, respectively. 

Uranium producer Boss Energy (ASX:BOE), meanwhile, finished the session on top with a 6.67% hike to $2.88.

The S&P/ASX200 is Australia’s leading share market index and contains the top 200 ASX-listed companies in terms of market capitalisation, and accounts for about 80% of the country’s equity market. The index is designed to measure the performance of the 200 largest index-eligible stocks listed on the ASX by float-adjusted market capitalisation.

It is recognised as the institutional investable benchmark in the country. 

Write to Angela East at Mining.com.au 

Images: ASX & iStock
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Written By Angela East
Content Director Angela East is an experienced business journalist and editor with over 15 years spent covering the resources and construction sectors and more recently working as a communications specialist handling media relations for junior resources companies.