The All Ordinaries Index (ASX: XAO) is currently up 0.5% in afternoon trading.
The All Ords has broadly shrugged off the shockingly high inflation data reported overnight by the United States, with prices in the world's top economy rising at the fastest pace in 40 years.
While that 0.5% gain is nothing to complain about, these two ASX All Ords mining shares are smashing those returns today.
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2 ASX mining shares charging higher
First, we have Talga Group Ltd (ASX: TLG).
The technology minerals company is primarily focused on graphite exploration and development in Sweden.
Talga shares closed yesterday trading for $1.10 and are currently trading for $1.16, up 5.9%.
The latest price-sensitive news from the ASX mining share was released last Wednesday, when it reported intersecting high-grade graphite zones at its Swedish Vittangi graphite project during the initial drill campaign.
At the current share price, Talga has a market cap of $351 million.
The second ASX All Ords mining share rocketing higher today is Tietto Minerals Ltd (ASX: TIE). Tietto is primarily focused on gold exploration and production in West Africa.
The company's shares closed yesterday at 37 cents and are currently trading for 41 cents, up 11.0%.
Investors look to be bidding up the ASX mining share after it provided a construction update for its 3.45-million-ounce Abujar Gold Project, located in Côte d'Ivoire.
The company said that construction is on schedule and budget, and it expects the first gold pour to occur in the December quarter. Concrete works at the project are now 80% complete, with the bulk of the remaining work set to be finished in July.
Talga and Tietto share price snapshots
Despite today's lift, both ASX mining shares remain down for the calendar year. Year-to-date, the Tietto share price is down 17% while the Talga share price is down 32%.
Longer-term, both miners have delivered strong returns.
Over the past five years, the Tietto share price is up 76% while the Talga share price has gained 69%.
That compares to an 18% five-year gain for the All Ords.
