Jul 14, 2026 – 8.00pmHeaving valuations in the big four banks and the mining giants have left bargains on the Australian sharemarket few and far between ahead of the August reporting season, but investors and analysts say there are still pockets of value if you know where to look.The US-Iran war, which flared up again in the past week, triggered a surge in iron ore, copper, and aluminium that bolstered the share prices of BHP and Rio Tinto. The miners have rocketed up about 45 per cent on the ASX in the past year, while Sandfire Resources is up 65 per cent.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles