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Australian silver miners advance on commodity boost

BUZZ-Australian silver miners advance on commodity boost

** Australian silver stocks rise in early trade, supporting the broader benchmark's .AXJO 0.3% rise

** Silver prices rose overnight, tracking gains in precious metals on hopes of a de-escalation in the Middle East conflict GOL/

** Silver Mines SVL.AX rises as much as 3.7% to A$0.14, its highest since July 13

** Sun Silver SS1.AX gains as much as 6.4% to A$0.92, its largest intraday pct jump since July 10

** Diversified miner South32 S32.AX, the owner of Cannington silver mine, also advances as much as 4.4% to A$4.54, their highest since June 15


(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))

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