(Bloomberg) -- Australian mining stocks rose, led by BHP Billiton Ltd. and Minara Resources Ltd. after copper prices climbed and nickel jumped to a record high.
``Mining companies will eventually get re-rated by the market if metals prices manage to stay close to these levels because it will demonstrate that their earnings are more sustainable than the market has been giving them credit for,'' said Adnan Kucukalic, a Sydney-based strategist at Credit Suisse Group.
Read more at Bloomberg Stocks News
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