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N.American mining stocks rally on US CPI

Shares in leading North American miners gained after weaker-than-expected US inflation data gave investors a signal that the scale of future Federal Reserve interest rates may be less than expected and that gold prices could be set for a lift on a weaker US dollar.

N.American mining stocks rally on US CPI N.American mining stocks rally on US CPI N.American mining stocks rally on US CPI N.American mining stocks rally on US CPI N.American mining stocks rally on US CPI

N.American mining stocks rally

Shares in leading miners, including Newmont, Barrick Gold, Agnico Eagle Mines, Freeport-McMoran and Kinross Gold made gains of over 4% in early trade in Toronto and New York.