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Markets higher, bar London

Chinese stimulus measures continued to boost markets and mining equities yesterday although London was a separate case.
Markets higher, bar London Markets higher, bar London Markets higher, bar London Markets higher, bar London Markets higher, bar London

Fresnillo closed lower in London

Staff reporter

The FTSE100 closed lower as British prime minister Theresa May has to come up with a "Brexit Plan B" after her government survived a no-confidence vote.

Precious metals miner Fresnillo (LSE: FRES) was among those posting the biggest declines yesterday on the London Stock Exchange, down 2.96% on no news.

Rio Tinto also closed lower, down 0.59%, while metals and mining stocks rose a collective 2.04% in Toronto.

The Australian market was in positive territory this afternoon, with diversified miner South32 (ASX: S32) one of the bigger movers, up around 4.3% at the time of writing.

The miner reported strong December quarter results today, along with several management changes.

The gold price remains around US$1,290 an ounce on the spot market.

Finally in the US, Newmont Mining (NYSE: NEM) managed its first gain, of 1.74%, since this week's announced mega merger with Goldcorp.