On the S&P/ASX 200, the sector closed up 0.22% today with the gain weighed down by Mineral Resources' (AU:MIN) fall of 8.23%.
MinRes had made a scrip acquisition proposal for oil and gas company AWE Ltd (AU:AWE) after market close on Friday, a higher offer than a bid from China Energy Reserve and Chemical Group, as part of its plan to secure a vertically integrated energy supply chain.
Rare earths miner Lynas Corp (AU:LYC) and lithium developer Pilbara Minerals (AU:PLS) will join the index on December 18, the ASX has announced.
In Tokyo, the Nikkei 225's metal and mining sector rose 0.75% earlier today, helped by Sumitomo Metal and Mining's (JP:5713) gain of close to 0.9%.
In the US, the S&P500's metals and mining sector closed up 0.7%, hampered by Newmont Mining's (US:NEM) drop of 1.45% on Friday.
Randgold Resources' (LN:RRS) rise of 2.38% helped the FTSE100's sector close up 1.44%.
The Bitcoin buzz has taken the shine off the gold price over the past week with the precious metal trading at US$1,250 an ounce today on the spot market, about $25/oz lower than this time last week.
