Miners getting long in the tooth, 30 July 2021 Weekly Update

Miner getting long in the tooth

It’s nice to be out of lockdown here in Victoria although the same can’t be said for our NSW residents. 185 days, half a year, six months; that’s how long you’ve locked down Victoria.

The market was solid this week, thanks in the most part to the rising commodity prices which translated to higher major miners. BHP, RIO, FMG all rose nicely during the week. It won’t last forever so enjoy the strength in the miners while it lasts: don’t look a gift horse in the mouth.