What do Australian frogs and high iron ore prices have in common? They are both going the way of the Dodo.

A new study has found that a number of Australian frog species are at ‘high’ risk of extinction in the next 20 years with four of them likely to have already gone extinct.

Meanwhile, unless you’ve been living in the outback, you would know that the spot price of iron ore has plummeted this week as the bottom fell out on demand for construction steel in China.

Small wonder then that the S&P ASX200 resources index sank 11.25% this week to 5,058.3 points while the broader benchmark ASX 200 fell 2.13% to 7,467.5 points.

ASX SMALL CAP WINNERS

Here are the best performing ASX small cap stocks for August 16 – August 20 [intraday]:

Swipe or scroll to reveal full table. Click headings to sort:

Nexus Minerals (ASX:NXM) +50%

High grade gold hits are still draw cards with Nexus intersecting a 14m interval grading 8.8 grams per tonne (g/t) gold at the Crusader prospect within its Wallbrook project in Western Australia’s Eastern Goldfields region.

The company noted that with highly encouraging results from the first 11 holes, it was eagerly awaiting results from the remaining eight holes in the current exploration program.

Crusader mineralisation has now been intersected over +600m of strike and down to more than 500m depth.

Globe Metals & Mining (ASX:GBE) +36%

Globe shares climbed after the company was granted a large-scale Mining Licence for its Kanyika niobium project in Malawi, paving the way for its development.

Under the feasibility study, the project is expected to produce about 260,000 tonnes of niobium and tantalum concentrate over the 23-year life of operations.

Iceni Gold (ASX:ICL) +30%.

Iceni has raised more than $2m to fund further diamond drilling at the Deep Well and TOTK target areas and undertake a detailed seismic survey along the 35km Danjo Batholith within its 14 Mile Well project.

It said that this will ensure that its planned exploration at other identified targets will not be impeded.

ASX SMALL CAP LOSERS

Here are the worst performing ASX small cap stocks for August 16 – August 20 [intraday]:

Swipe or scroll to reveal full table. Click headings to sort: