ASX mining shares experienced a sell-off in March, with the S&P/ASX 300 Metal & Mining Index (ASX: XMM) tumbling 14.1%.
Experts say there are buys among the rubble, with investors appearing open to buying the dip given the positive long-term outlook for mining.
The Mining Index began a rebound last week, with ASX mining shares recovering 6% during this short trading week so far.
Here are three examples of mining stocks with buy recommendations.
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BHP Group Ltd (ASX: BHP)
The BHP share price is $52.78, up 0.5% on Thursday.
The market's largest ASX mining share has fallen 11% over the past month.
This week on The Bull, Remo Greco from Sanlam Private Wealth revealed a buy rating on BHP shares.
Greco explained his rating:
The current volatility presents investors with an opportunity to buy this global miner at attractive prices.
The recent BHP announcement of Brandon Craig replacing the retiring Mike Henry as chief executive is a good appointment.
Craig was responsible for the company's Americas business, and that's where the growth is likely to come from in the medium term.
Group revenue in the first half of 2026 was up 11 per cent on the prior corresponding period and profit from operations was up 34 per cent.
29Metals Ltd (ASX: 29M)
The 29Metals share price is 37 cents, up 0.6% today.
This ASX copper mining share has fallen 13% over the past month.
Morgans recently initiated coverage on 29Metals with a buy rating and a price target of 54 cents.
The broker said:
We expect the Xantho Extended restart and Gossan Valley development at Golden Grove to restore grades and operating flexibility, while a potential Capricorn Copper restart provides medium-term production growth.
Following its recent equity raise, 29M is better positioned to execute its plans, with upside potential supported by a constructive long-term copper outlook.
Liontown Ltd (ASX: LTR)
The Liontown share price is $1.80, down 0.4% today.
This ASX lithium mining share has demonstrated resilience, rising 4.7% over the past month.
In fact, Liontown has been on a longer-term tear, lifting 221% over 12 months amid a strong recovery in lithium prices since mid-2025.
For example, the lithium carbonate price has increased 118% over 12 months.
Late last month, Ord Minnett upgraded its rating on Liontown shares from hold to accumulate on valuation grounds.
Ord Minnett has a 12-month price target of $1.90.
The broker said:
The company forecasts reduced unit costs – $855–1045 per tonne on a 5.2% lithium oxide basis (SC5.2) versus market and Ord Minnett expectations of $913 per tonne and $934 per tonne, respectively– as the underground mining operation contributed the largest proportion of ore, rather than the open pit, by the end of FY26.
Liontown sees a consistent recovery rate of circa 70% once the underground ore becomes the main feedstock.
