Australian silver miners surge on precious metal rally
11/08/2026 04:43
BUZZ-Australian silver miners surge on precious metal rally ** Australian silver stocks rise, supporting the broader mining sub-index's .AXMM 1.3% jump
** Silver prices gain in tandem with gold and platinum prices, as investors focused on upcoming inflation data for clues on the U.S. interest-rate outlook GOL/
** Silver Mines SVL.AX jumps 10% to A$0.165, its highest since May 26
** Sun Silver SS1.AX gains as much as 5.8% to A$1.195, its highest level since June 2
** Diversified miner South32 S32.AX rises as much as 2% to A$5.185, its highest level since April 20
** AXMM up 20.4% YTD, including the day's moves
(Reporting by Nikita Maria Jino in Bengaluru)
Recent news on Silver Mines
See all newsAustralian silver stocks fall as precious metals slip ahead of Fed decision
Brief: Silver Mines Receives Firm Commitments For A$70 Million Placement
Australia's Silver Mines falls on discounted placement
Brief: Silver Mines Launches Placement To Raise A$70 Million At A$0.145 Per Share
Brief: Fitzroy River Agrees To Sell Bowdens Silver Royalty For A$17.5 Million