Monday is proving to be a good day for investors, with the S&P/ASX 200 Index (ASX: XJO) lifting 1.1% at the time of writing.
Leading the way are ASX 200 mining shares. The S&P/ASX 200 Materials Index (ASX: XMJ) is out in front of the Aussie bourse with a 2.4% gain right now.
And market watchers might be surprised to learn which ASX 200 mining shares are providing the sector with the biggest boosts.
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3 ASX 200 mining shares outperforming the rest
Nickel Industries Ltd (ASX: NIC)
The Nickel Industries share price is launching 7.3% on Monday to trade at 96 cents.
It comes as the nickel developer updates the market on its Hengjaya Mine's mineral resource. The measure has grown 333% since June 2020.
The mine has now been found to house around 3.7 million tonnes of nickel and 270,000 tonnes of cobalt – certainly nothing to scoff at.
Understandably, the market appears thrilled by today's news from the ASX 200 mining share.
De Grey Mining Limited (ASX: DEG)
Joining Nickel Industries in the green is the share price of De Grey Mining.
There's been no news from the gold developer today. However, last week it revealed the prefeasibility study outcome for its Mallina Gold Project.
On the back of the update, Macquarie analysts upped their price target for De Grey Mining shares to $1.65 on Friday, as my Fool colleague James reports.
The ASX 200 mining stock is trading 6.9% higher at $1.16 today.
Fortescue Metals Group Limited (ASX: FMG)
Finally, mining favourite Fortescue is in the green today, with its share price lifting 3.6% to $18.45.
There's been no news from the iron ore giant for the last fortnight. Though, it's worth noting iron ore futures lifted 2.1% to US$102.23 a tonne on Friday, marking a week-on-week gain of 7.2%.
That's likely bolstering sentiment for the commodity and its ASX 200 iron ore mining shares today.
