In trading on Wednesday, non-precious metals & non-metallic mining shares were relative leaders, up on the day by about 2.5%. Leading the group were shares of Northern Dynasty Minerals Limited (AMEX:NAK), up about 8.6% and shares of Augusta Resource (AMEX:AZC) up about 7.6% on the day.
Also showing relative strength are oil & gas exploration & production shares, up on the day by about 2.4% as a group, led by Mcmoran Exploration (NYSE:MMR), trading up by about 11.5% and Abraxas Petroleum (NASDAQ:AXAS), trading up by about 8.7% on Wednesday.
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