** Australian miners .AXMM rise as much as 1.7% to 5267.1 points, their highest level since April 2
** World's largest listed miner BHP BHP.AX is up 1.5% after reporting production results for the third quarter
** Tony Sycamore, a market analyst with IG, says that the miner's results indicate iron ore output during the quarter remained stable at 61.8 million tonnes compared to a year ago
** Underlying iron ore prices also gain as focus shifts back to favourable fundamentals of firm near-term demand and lower supply IRONORE/
** Iron ore giant Rio Tinto RIO.AX gains 2.5%, while Fortescue FMG.AX up 0.6%
** Meanwhile, the Australian benchmark S&P/ASX 200 .AXJO is up 0.6% .AX
(Reporting by Nichiket Sunil in Bengaluru)
((Nichiket.Sunil@thomsonreuters.com;))
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