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Mining
2019 was a superb year for many gold investors as prices rose +17 per cent on the back of some trade war-induced global economic uncertainty.
Gold investment is seen as a hedge against volatile economic conditions; the sort of conditions expedited by trade wars or the US’ recent deadly strike on Iran’s top general, for example.
READ: Gold prices soar as 2019 draws to a close
This escalating Middle East conflict, as well as a smattering of sub-par economic data, has just pushed gold prices to four-month highs of ~$US1580/oz ($2270/oz):
And while Trump has indicated that the US and China will be signing a much-anticipated phase 1 trade agreement very soon (which could settle the markets, making gold less attractive) the Chinese have yet to confirm a signing date.
Scroll down for this week’s top winners and losers>>>
Markets are still ticking over, but this time of year is usually pretty quiet on the news front. This didn’t stop the winner’s column dominating our basket of ~130 small cap gold plays this week:
Former cobalt play and #1 mover Twenty Seven Co (ASX:TSC) jumped 80 per cent on no news, prompting a ‘please explain’ from the ASX.
The explorer rolled out the ‘not aware of any info to explain the recent trading’ chestnut, before pointing to “highly encouraging” exploration results at the Rover project in December as a potential trigger.
Rover also happens to be in the same neighbourhood as high profile discoveries made by gold darling Spectrum Metals (ASX:SPX) and nickel-focused St George Mining (ASX:SGQ).
Yesterday, Klaus Eckhof-backed Amani Gold (ASX:ANL) announced some decent gold hits at the Peteku prospect, part of the Giro project in the DRC. An initial four-hole program underneath an artisanal open pit hit grades like 3m at 3.18g/t gold, just 36m from surface.
A follow-up 10-hole program is planned, targeting mineralisation along strike and deeper below the Peteku open pit.
NOW READ: Here’s why Amani Gold got Klaus Eckhof on its team
Here’s the best performing ASX small cap gold stocks for the period Dec 30- January 6 [intraday] >>>
Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop:
| Ticker | Name | Price [intraday Monday] | 1 Year Total Return | 1 Week Total Return | Market Cap |
|---|---|---|---|---|---|
| TSC | TWENTY SEVEN CO | 0.011 | 125 | 80 | $ 9,753,951.00 |
| VKA | VIKING MINES | 0.013 | -28 | 30 | $ 3,137,178.50 |
| ANL | AMANI GOLD | 0.003 | -29 | 25 | $ 12,093,122.00 |
| CTO | CITIGOLD CORP | 0.005 | -29 | 25 | $ 12,005,866.00 |
| PDI | PREDICTIVE DISCOVERY | 0.01 | -29 | 25 | $ 4,859,336.50 |
| WWI | WEST WITS MINING | 0.013 | 10 | 22 | $ 8,437,779.00 |
| NVA | NOVA MINERALS | 0.053 | 129 | 20 | $ 48,470,000.00 |
| SIH | SIHAYO GOLD | 0.018 | -10 | 20 | $ 37,759,860.00 |
| KRM | KINGSROSE MINING | 0.028 | -43 | 19 | $ 19,710,198.00 |
| CHN | CHALICE GOLD MINES | 0.26 | 79 | 18 | $ 64,406,012.00 |
| BLK | BLACKHAM RESOURCES | 0.0135 | -68 | 18 | $ 61,311,152.00 |
| TAM | TANAMI GOLD | 0.042 | 2 | 17 | $ 43,478,592.00 |
| ALK | ALKANE RESOURCES | 0.62 | 215 | 15 | $ 334,287,168.00 |
| SVL | SILVER MINES | 0.115 | 88 | 14 | $ 99,765,672.00 |
| OKU | OKLO RESOURCES | 0.175 | -36 | 14 | $ 61,918,400.00 |
| SMI | SANTANA MINERALS | 0.004 | -33 | 14 | $ 10,735,782.00 |
| VAN | VANGO MINING | 0.165 | 0 | 14 | $ 119,042,640.00 |
| MML | MEDUSA MINING | 0.9 | 116 | 14 | $ 170,391,328.00 |
| BDC | BARDOC GOLD | 0.084 | 54 | 14 | $ 111,207,856.00 |
| MLL | MALI LITHIUM | 0.075 | -52 | 13 | $ 24,435,804.00 |
| CDV | CARDINAL RESOURCES | 0.35 | -23 | 11 | $ 155,617,728.00 |
| CAI | CALIDUS RESOURCES | 0.26 | -14 | 11 | $ 53,672,264.00 |
| ARM | AURORA MINERALS | 0.01 | -31 | 11 | $ 2,108,399.00 |
| BC8 | BLACK CAT SYNDICATE | 0.37 | 127 | 10 | $ 26,937,478.00 |
| WAF | WEST AFRICAN RESOURCES | 0.47 | 92 | 9 | $ 369,953,504.00 |
| ONX | ORMINEX | 0.08 | -62 | 8 | $ 43,128,172.00 |
| CWX | CARAWINE RESOURCES | 0.24 | 33 | 7 | $ 16,612,512.00 |
| PUA | PURE ALUMINA | 0.016 | -67 | 7 | $ 3,548,173.25 |
| PRX | PRODIGY GOLD | 0.07 | -8 | 6 | $ 37,740,796.00 |
| RED | RED 5 | 0.355 | 275 | 6 | $ 410,878,144.00 |
| CXU | CAULDRON ENERGY | 0.019 | -5 | 6 | $ 6,516,173.50 |
| GBR | GREAT BOULDER RESOURCES | 0.038 | -72 | 6 | $ 5,338,160.00 |
| BCN | BEACON MINERALS | 0.039 | 98 | 5 | $ 111,486,672.00 |
| AME | ALTO METALS | 0.039 | -12 | 5 | $ 10,561,456.00 |
| TRY | TROY RESOURCES | 0.1 | -14 | 4 | $ 60,046,056.00 |
| ERM | EMMERSON RESOURCES | 0.12 | 69 | 4 | $ 46,733,928.00 |
| RXL | ROX RESOURCES | 0.027 | 189 | 4 | $ 36,448,680.00 |
| EMR | EMERALD RESOURCES | 0.041 | 20 | 4 | $ 121,938,104.00 |
| ARL | ARDEA RESOURCES | 0.56 | 22 | 4 | $ 59,823,220.00 |
| BBX | BBX MINERALS | 0.14 | -23 | 4 | $ 55,807,880.00 |
| BGL | BELLEVUE GOLD | 0.565 | 30 | 4 | $ 304,904,288.00 |
| CYL | CATALYST METALS | 3.07 | 68 | 4 | $ 224,107,440.00 |
| TIE | TIETTO MINERALS | 0.29 | 346 | 4 | $ 84,429,432.00 |
| STN | SATURN METALS | 0.305 | 56 | 3 | $ 22,322,732.00 |
| DGO | DGO GOLD | 0.95 | 48 | 3 | $ 32,380,654.00 |
| KWR | KINGWEST RESOURCES | 0.17 | -6 | 3 | $ 17,099,064.00 |
| CMM | CAPRICORN METALS | 1.29 | 247 | 3 | $ 399,461,152.00 |
| SPX | SPECTRUM METALS | 0.072 | 1380 | 3 | $ 99,757,096.00 |
| GBZ | GBM RESOURCES | 0.037 | -8 | 3 | $ 6,445,556.00 |
| NWM | NORWEST MINERALS | 0.2 | 26 | 3 | $ 16,768,036.00 |
| AQI | ALICANTO MINERALS | 0.043 | 48 | 2 | $ 7,980,890.00 |
| TLM | TALISMAN MINING | 0.091 | 7 | 2 | $ 16,983,184.00 |
| AOP | APOLLO CONSOLIDATED | 0.265 | 30 | 2 | $ 52,046,988.00 |
| NXM | NEXUS MINERALS | 0.046 | -22 | 2 | $ 5,320,825.00 |
| DGR | DGR GLOBAL | 0.078 | -35 | 1 | $ 47,828,188.00 |
| HRZ | HORIZON MINERALS | 0.085 | -39 | 1 | $ 36,377,892.00 |
| RND | RAND MINING | 2.47 | 27 | 1 | $ 141,348,912.00 |
| NUS | NUSANTARA RESOURCES | 0.325 | 71 | 0 | $ 60,851,120.00 |
| DEG | DE GREY MINING | 0.0535 | -53 | 0 | $ 54,004,636.00 |
| GMN | GOLD MOUNTAIN | 0.08 | -1 | 0 | $ 50,774,656.00 |
| TTM | TITAN MINERALS | 0.175 | -28 | 0 | $ 50,416,344.00 |
| FML | FOCUS MINERALS | 0.24 | 35 | 0 | $ 43,859,656.00 |
| AAR | ANGLO AUSTRALIAN RESOURCES | 0.096 | 3 | 0 | $ 37,553,672.00 |
| BSR | BASSARI RESOURCES | 0.015 | -25 | 0 | $ 35,633,324.00 |
| AZM | AZUMAH RESOURCES | 0.033 | 27 | 0 | $ 32,293,200.00 |
| VMC | VENUS METALS | 0.18 | 17 | 0 | $ 27,949,556.00 |
| HAW | HAWTHORN RESOURCES | 0.08 | 95 | 0 | $ 26,129,250.00 |
| LNY | LANEWAY RESOURCES | 0.007 | 133 | 0 | $ 26,040,462.00 |
| GWR | GWR GROUP | 0.088 | -12 | 0 | $ 22,413,268.00 |
| GML | GATEWAY MINING | 0.016 | 42 | 0 | $ 21,433,856.00 |
| MEU | MARMOTA | 0.024 | 47 | 0 | $ 21,109,804.00 |
| NAG | NAGAMBIE RESOURCES | 0.04 | -43 | 0 | $ 17,997,294.00 |
| AGS | ALLIANCE RESOURCES | 0.105 | -3 | 0 | $ 17,714,408.00 |
| HRN | HORIZON GOLD | 0.21 | -5 | 0 | $ 16,071,430.00 |
| CGN | CRATER GOLD MINING | 0.012 | -14 | 0 | $ 14,729,950.00 |
| OAU | ORA GOLD | 0.02 | 47 | 0 | $ 13,568,749.00 |
| AUC | AUSGOLD | 0.014 | -46 | 0 | $ 12,871,944.00 |
| GMR | GOLDEN RIM RESOURCES | 0.012 | -41 | 0 | $ 12,792,627.00 |
| HMX | HAMMER METALS | 0.022 | -8 | 0 | $ 11,665,577.00 |
| ARS | ALT RESOURCES | 0.022 | 0 | 0 | $ 11,162,213.00 |
| A1G | AFRICAN GOLD | 0.17 | 0 | $ 9,877,000.00 | |
| PGI | PANTERRA GOLD | 0.042 | 75 | 0 | $ 8,195,949.50 |
| MKG | MAKO GOLD | 0.07 | -38 | 0 | $ 7,047,310.00 |
| GED | GOLDEN DEEPS | 0.024 | -35 | 0 | $ 6,734,605.50 |
| ALY | ALCHEMY RESOURCES | 0.012 | -24 | 0 | $ 6,055,768.00 |
| AWV | ANOVA METALS | 0.009 | -18 | 0 | $ 5,752,190.50 |
| MSR | MANAS RESOUCES | 0.002 | -50 | 0 | $ 5,286,325.00 |
| SFM | SANTA FE MINERALS | 0.07 | -25 | 0 | $ 5,097,315.00 |
| MDI | MIDDLE ISLAND RESOURCES | 0.0045 | 13 | 0 | $ 4,707,408.50 |
| BNR | BULLETIN RESOURCES | 0.025 | -7 | 0 | $ 4,482,327.00 |
| MTH | MITHRIL RESOURCES | 0.009 | 80 | 0 | $ 4,413,503.00 |
| GUL | GULLEWA | 0.028 | 8 | 0 | $ 4,343,447.00 |
| AYR | ALLOY RESOURCES | 0.002 | -33 | 0 | $ 4,177,354.75 |
| TAR | TARUGA MINERALS | 0.011 | -75 | 0 | $ 3,514,883.25 |
| MLS | METALS AUSTRALIA | 0.0015 | -63 | 0 | $ 3,207,352.75 |
| GNM | GREAT NORTHERN MINERALS | 0.01 | -78 | 0 | $ 3,122,422.50 |
| TMX | TERRAIN MINERALS | 0.004 | 0 | 0 | $ 2,892,644.00 |
| NES | NELSON RESOURCES | 0.06 | -56 | 0 | $ 2,735,570.75 |
| TNR | TORIAN RESOURCES | 0.008 | -60 | 0 | $ 2,526,237.50 |
| AVW | AVIRA RESOURCES | 0.002 | -33 | 0 | $ 2,250,000.00 |
| CDT | CASTLE MINERALS | 0.009 | 13 | 0 | $ 2,135,081.50 |
| AAJ | ARUMA RESOURCES | 0.0025 | -50 | 0 | $ 2,128,241.75 |
| MAU | MAGNETIC RESOURCES | 0.5 | 296 | -1 | $ 91,922,224.00 |
| OKR | OKAPI RESOURCES | 0.096 | -59 | -1 | $ 3,460,115.25 |
| GSN | GREAT SOUTHERN MINING | 0.072 | 157 | -1 | $ 23,321,364.00 |
| SLZ | SULTAN RESOURCES | 0.059 | -8 | -2 | $ 2,857,518.00 |
| RML | RESOLUTION MINERALS | 0.051 | -30 | -2 | $ 5,693,347.50 |
| ADN | ANDROMEDA METALS | 0.046 | 543 | -2 | $ 66,465,864.00 |
| AMG | AUSMEX MINING | 0.08 | 22 | -3 | $ 43,751,976.00 |
| LEX | LEFROY EXPLORATION | 0.185 | 3 | -3 | $ 18,590,048.00 |
| E2M | E2 METALS | 0.18 | 125 | -3 | $ 17,455,260.00 |
| BRB | BREAKER RESOURCES | 0.305 | -22 | -3 | $ 67,082,824.00 |
| KCN | KINGSGATE CONSOLIDATED | 0.425 | 137 | -3 | $ 95,014,896.00 |
| MAT | MATSA RESOURCES | 0.12 | -20 | -4 | $ 26,030,084.00 |
| MOH | MOHO RESOURCES | 0.05 | -65 | -4 | $ 2,306,083.75 |
| GSM | GOLDEN STATE MINING | 0.07 | -58 | -5 | $ 2,563,834.00 |
| DAU | DAMPIER GOLD | 0.015 | -59 | -6 | $ 3,047,776.00 |
| ARV | ARTEMIS RESOURCES | 0.026 | -80 | -7 | $ 26,285,128.00 |
| BAR | BARRA RESOURCES | 0.022 | -44 | -8 | $ 13,123,346.00 |
| DTM | DART MINING | 0.09 | -25 | -10 | $ 5,351,910.50 |
| RGL | RIVERSGOLD | 0.009 | -86 | -10 | $ 1,959,783.50 |
| TBR | TRIBUNE RESOURCES | 5.4 | 38 | -12 | $ 305,266,624.00 |
| KTA | KRAKATOA RESOURCES | 0.038 | 52 | -12 | $ 6,825,000.00 |
| CY5 | CYGNUS GOLD | 0.038 | -42 | -14 | $ 2,593,541.00 |
| DHR | DARK HORSE RESOURCES | 0.003 | -40 | -14 | $ 8,287,742.00 |
| DTR | DATELINE RESOURCES | 0.003 | 25 | -17 | $ 16,420,156.00 |
| SAU | SOUTHERN GOLD | 0.2 | 15 | -18 | $ 18,549,038.00 |
| KGM | KALNORTH GOLD MINES | 0.006 | 25 | -29 | $ 5,365,440.50 |
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