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Gold Digger: ASX investors are still rewarding solid gold news in 2021

Pic: Bloomberg Creative / Bloomberg Creative Photos via Getty Images

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It has been a relatively muted start to 2021 for gold stocks, as prices bounce between the low $US1,800’s — mid $US1900s.

We say relatively, because at these prices the big producers are still making outrageous profits.

Despite these record cashflows most major miners like Evolution Mining (ASX:EVN) -10%, Silver Lake Resources (ASX:SLR) `-12%, Ramelius Resources (ASX:RMS) -12%, and Resolute Mining (ASX:RSG) -13% have lost ground over the past month.

No one know where gold is going next, but one thing is for certain: investors are still rewarding solid gold news stories on the ASX.

$US gold prices over the past year.

Winners & Losers

Here’s how ASX-listed gold stocks performed ovr the past week, month and year:

Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop:

CODE COMPANY 1 WEEK CHANGE % 1 MONTH CHANGE % 6 MONTH CHANGE % 1 YEAR CHANGE % PRICE MARKET CAP
HXG Hexagon Energy 94 100 131 100 0.12 $ 31,626,559.34
HWK Hawkstone Mining 43 50 -6 88 0.015 $ 19,650,456.05
FNT Frontier Resources 27 46 73 90 0.019 $ 9,290,000.00
GNM Great Northern Minerals 15 -12 -21 67 0.015 $ 11,802,954.85
PAK Pacific American Holdings 13 24 189 -5 0.026 $ 7,550,037.60
E2M E2 Metals 12 -11 253 216 0.6 $ 89,795,043.60
PNM Pacific Nickel Mines 12 -3 107 -44 0.056 $ 8,537,151.52
CXU Cauldron Energy 11 29 133 113 0.049 $ 21,055,977.06
CBY Canterbury Resources 10 0 -19 -50 0.11 $ 9,681,649.45
FFX Firefinch 10 57 63 165 0.22 $ 172,019,595.22
MAU Magnetic Resources 9 9 -9 158 1.29 $ 276,699,362.56
DRE Dreadnought Resources 9 14 85 243 0.024 $ 49,760,643.70
GMR Golden Rim Resources 9 20 -14 20 0.012 $ 24,248,274.57
MKG Mako Gold 9 -8 4 74 0.12 $ 30,868,992.24
REZ Resources & Energy Group 8 10 179 194 0.053 $ 24,605,804.97
ARN Aldoro Resources 8 38 108 8 0.2 $ 13,276,160.60
RDS Redstone Resources 7 36 50 67 0.015 $ 7,941,235.95
TSO Tesoro Resources 7 11 253 638 0.3 $ 153,850,064.76
MBK Metal Bank 7 25 57 74 0.015 $ 17,770,000.00
ARL Ardea Resources 7 14 50 -16 0.48 $ 62,558,585.18
LEX Lefroy Exploration 5 8 -2 14 0.21 $ 25,202,030.07
EMU EMU NL 5 13 125 10 0.045 $ 16,038,244.62
AUT Auteco Minerals 5 16 -34 1178 0.115 $ 180,225,577.64
BRV Big River Gold 4 -4 50 182 0.048 $ 69,686,171.88
CEL Challenger Exploration 4 14 9 92 0.25 $ 132,582,522.96
PNR Pantoro 4 9 16 79 0.25 $ 359,141,548.14
MGV Musgrave Minerals 4 4 -25 348 0.385 $ 190,543,406.45
NXM Nexus Minerals 4 0 94 183 0.13 $ 31,739,717.23
BNR Bulletin Resources 4 1 11 282 0.084 $ 14,164,152.85
MHC Manhattan Corp 4 0 12 367 0.028 $ 37,135,803.40
AWV Anova Metals 4 7 0 230 0.029 $ 41,559,731.80
WCN White Cliff Minerals 4 -3 142 480 0.029 $ 14,479,775.77
SI6 SI6 Metals 3 36 386 1033 0.034 $ 46,540,907.00
DTM Dart Mining 3 6 12 146 0.19 $ 18,489,913.06
VAN Vango Mining 3 3 -40 -54 0.076 $ 78,352,569.36
SKY SKY Metals 3 8 -9 95 0.195 $ 48,096,716.46
TIE Tietto Minerals 2 -3 -36 60 0.415 $ 185,857,286.96
GWR GWR Group 2 37 514 438 0.43 $ 126,719,238.24
NAG Nagambie Resources 2 7 -13 28 0.046 $ 22,996,887.92
OKR Okapi Resources 2 17 32 147 0.245 $ 10,792,818.00
AXE Archer Materials 2 7 31 255 0.55 $ 126,076,465.76
AMG Ausmex Mining 2 28 97 -14 0.059 $ 31,211,393.67
GTR GTI Resources 2 27 22 205 0.0305 $ 18,046,503.94
GIB Gibb River Diamonds 1 -54 86 64 0.082 $ 17,555,283.94
NSM North Stawell Mines 1 -5 0 0 0.435 $ 17,400,000.00
BC8 Black Cat Syndicate 1 14 -15 140 0.755 $ 79,994,808.58
DDD 3D Resources 0 13 13 350 0.0045 $ 14,461,488.37
AQI Alicanto Minerals 0 4 97 167 0.12 $ 39,230,095.32
ANX Anax Metals 0 -8 106 332 0.048 $ 12,329,082.74
ADV Ardiden 0 24 17 425 0.021 $ 47,147,361.45
AAJ Aruma Resources 0 0 75 133 0.007 $ 9,536,483.42
AYM Australia United 0 -11 167 100 0.008 $ 14,740,619.88
BCN Beacon Minerals 0 -5 -3 6 0.037 $ 106,080,432.90
CDT Castle Minerals 0 11 -23 11 0.01 $ 6,592,507.36
CTO Citigold 0 8 180 211 0.014 $ 38,089,424.93
CGN Crater Gold 0 -3 111 58 0.019 $ 23,322,421.47
CY5 Cygnus Gold 0 0 -5 227 0.18 $ 19,452,617.64
DAU Dampier Gold 0 -7 73 167 0.052 $ 16,418,028.72
GML Gateway Mining 0 10 83 106 0.033 $ 62,905,954.19
GMN Gold Mountain 0 0 -25 -39 0.043 $ 31,981,784.23
GED Golden Deeps 0 -14 33 -52 0.012 $ 9,295,360.14
HAW Hawthorn Resources 0 21 4 84 0.11 $ 36,686,717.43
KAU Kaiser Reef 0 0 15 0 0.41 $ 10,957,250.41
KGM Kalnorth Gold 0 0 30 160 0.013 $ 11,625,120.78
LNY Laneway Resources 0 0 -13 0 0.007 $ 26,425,461.53
MSR Manas Resources 0 17 17 180 0.007 $ 17,941,778.39
MCT Metalicity 0 0 -14 419 0.018 $ 31,358,125.91
MLS Metals Australia 0 0 0 100 0.002 $ 8,381,807.15
MOH Moho Resources 0 -3 -31 100 0.09 $ 8,431,485.21
NPM Newpeak Metals 0 17 75 17 0.0035 $ 14,004,487.53
NUS Nusantara Resources 0 -5 -7 -16 0.28 $ 64,196,441.96
PUA Peak Minerals 0 -13 27 135 0.028 $ 15,982,210.30
PUR Pursuit Minerals 0 55 508 630 0.034 $ 22,067,208.69
SBR Sabre Resources 0 22 267 450 0.011 $ 18,513,700.14
SPQ Superior Resources 0 -13 100 149 0.014 $ 16,524,882.70
TLM Talisman Mining 0 8 -25 5 0.105 $ 19,595,980.43
TMX Terrain Minerals 0 -15 22 175 0.011 $ 8,093,371.10
THR Thor Mining 0 0 183 113 0.017 $ 7,370,808.66
TTM Titan Minerals 0 -4 0 -32 0.115 $ 131,037,029.91
TRM Truscott Mining 0 0 -5 125 0.018 $ 2,302,947.79
TSC Twenty Seven Co. 0 0 20 -25 0.006 $ 12,717,925.28
VKA Viking Mines 0 42 408 291 0.044 $ 18,885,814.91
VRC Volt Resources 0 0 -40 0 0.012 $ 23,791,109.11
CDV Cardinal Resources 0 -1 81 210 1.07 $ 593,155,151.63
OBM Ora Banda Mining -1 18 18 80 0.33 $ 273,722,136.03
AOP Apollo Consolidated -2 7 -11 23 0.32 $ 86,110,588.80
HRN Horizon Gold -2 9 -1 159 0.51 $ 44,777,360.97
AME Alto Metals -2 11 31 151 0.098 $ 39,033,887.46
DGO DGO Gold -2 -2 -2 218 2.89 $ 213,300,069.20
STK Strickland Metals -2 -22 54 187 0.043 $ 18,530,666.92
CYL Catalyst Metals -2 -16 -21 -26 2.14 $ 195,898,498.38
KRM Kingsrose Mining -2 20 -7 35 0.042 $ 30,660,308.78
FML Focus Minerals -3 18 39 47 0.39 $ 70,358,197.53
S2R S2 Resources -3 37 32 48 0.185 $ 58,254,868.12
KWR Kingwest Resources -3 13 32 9 0.18 $ 27,664,894.44
SMI Santana Minerals -3 -3 25 -38 0.175 $ 19,955,711.30
WMX Wiluna Mining -3 -11 5 24 1.36 $ 162,388,108.82
TBR Tribune Resources -3 1 -14 11 6.03 $ 316,382,504.31
ONX Orminex -3 29 -14 -61 0.031 $ 17,251,269.38
TRY Troy Resources -3 2 -2 -6 0.091 $ 69,695,866.66
AQX Alice Queen -3 11 -3 20 0.03 $ 32,746,907.07
FFR Firefly Resources -3 -6 134 234 0.15 $ 41,970,534.48
RDN Raiden Resources -3 -3 329 329 0.03 $ 25,619,795.43
BDC Bardoc Gold -3 19 -12 2 0.088 $ 150,610,691.71
AAR Anglo Australian -3 7 12 46 0.145 $ 85,406,215.68
ADN Andromeda Metals -3 6 520 579 0.285 $ 624,291,069.83
RGL Riversgold -4 34 -18 511 0.055 $ 20,578,877.33
A1G African Gold -4 20 86 70 0.27 $ 11,326,362.08
RRL Regis Resources -4 -1 -32 -15 3.71 $ 1,904,740,733.88
TAR Taruga Minerals -4 24 42 264 0.051 $ 22,860,075.30
NCM Newcrest Mining -4 -1 -18 -13 26.53 $ 21,785,728,327.12
GSM Golden State Mining -4 4 -40 218 0.1875 $ 10,477,697.00
KSN Kingston Resources -4 -9 19 47 0.25 $ 71,113,814.42
STN Saturn Metals -4 -5 -8 56 0.615 $ 68,332,641.30
AL8 Alderan Resources -4 25 14 400 0.12 $ 35,752,931.04
CWX Carawine Resources -4 -4 33 9 0.24 $ 25,589,126.97
TMZ Thomson Resources -4 14 300 386 0.12 $ 37,798,595.28
AUC Ausgold -4 5 18 229 0.046 $ 61,116,428.43
OAU Ora Gold -4 0 44 15 0.023 $ 18,498,594.88
SVY Stavely Minerals -4 -9 15 -11 0.79 $ 204,854,739.82
CAZ Cazaly Resources -4 -15 22 100 0.044 $ 15,870,503.75
CHZ Chesser Resources -4 10 120 193 0.22 $ 96,656,653.88
NWM Norwest Minerals -4 -9 -45 -48 0.086 $ 9,360,255.39
RED Red 5 Limited -4 9 19 -20 0.27 $ 541,999,798.18
BAT Battery Minerals -5 5 110 200 0.021 $ 44,908,017.90
HRZ Horizon -5 0 -19 9 0.105 $ 59,637,396.00
PRS Prospech Limited -5 -7 0 0 0.205 $ 13,329,220.75
MAT Matsa Resources -5 -17 -33 -23 0.1 $ 27,114,670.90
MEG Megado -5 -2 0 0 0.2 $ 8,004,469.80
FAU First Au -5 6 12 90 0.019 $ 9,147,438.81
SIH Sihayo Gold -5 -14 -30 51 0.019 $ 70,023,766.85
ODY Odyssey Gold -5 -5 -5 -5 0.074 $ 22,600,000.00
ERM Emmerson Resources -5 -1 -26 -36 0.074 $ 36,214,040.55
MEI Meteoric Resources -5 17 106 106 0.074 $ 93,279,199.27
SAR Saracen -5 5 -23 34 4.74 $ 5,338,852,346.30
RND Rand Mining -5 -5 -14 -23 1.8 $ 108,267,255.00
KZR Kalamazoo Resources -5 17 -10 80 0.62 $ 79,219,567.57
NST Northern Star -5 3 -13 9 12.6 $ 9,513,954,301.32
KTA Krakatoa Resources -5 -1 -21 94 0.07 $ 19,526,500.00
WWI West Wits Mining -5 27 218 536 0.07 $ 86,758,902.20
ALY Alchemy Resources -6 0 -17 58 0.017 $ 11,428,138.70
BRB Breaker Resources -6 9 -17 -30 0.2075 $ 65,168,185.80
ENR Encounter Resources -6 -8 10 27 0.165 $ 50,490,192.48
EMR Emerald Resources -6 21 41 95 0.82 $ 435,510,639.92
NVA Nova Minerals -6 -3 181 240 0.16 $ 267,191,463.52
SVL Silver Mines -6 14 118 142 0.24 $ 238,805,394.06
CAI Calidus Resources -6 -10 -17 83 0.475 $ 156,319,084.88
GRL Godolphin Resources -6 -8 21 12 0.235 $ 18,919,395.23
PDI Predictive Discovery -6 5 -28 565 0.059 $ 57,970,247.27
SFM Santa Fe Minerals -6 -6 26 26 0.088 $ 6,408,053.43
MML Medusa Mining -7 -3 7 -12 0.75 $ 158,962,640.27
BYH Bryah Resources -7 4 31 45 0.071 $ 11,054,916.58
BBX BBX Minerals -7 -7 60 107 0.28 $ 120,249,040.52
GBZ GBM Rsources -7 4 73 371 0.14 $ 57,457,438.16
ARV Artemis Resources -7 0 69 400 0.135 $ 153,463,182.80
AGG AngloGold Ashanti -7 1 -32 -1 5.87 $ 528,109,968.80
MTC Metalstech -7 -7 34 400 0.195 $ 28,580,689.41
NAE New Age Exploration -7 8 63 333 0.013 $ 15,431,395.33
RML Resolution Minerals -7 3 -51 -22 0.038 $ 10,996,925.86
AZS Azure Minerals -7 -34 300 257 0.5 $ 155,583,289.11
DCN Dacian Gold -8 41 52 -44 0.485 $ 261,559,020.38
DEG De Grey Mining -8 -4 39 1895 1 $ 1,284,807,136.31
HMX Hammer Metals -8 -3 -14 64 0.036 $ 26,967,124.51
LCL Los Cerros -8 20 150 114 0.12 $ 56,253,542.64
MVL Marvel Gold -8 -8 98 -55 0.048 $ 24,923,558.84
CHN Chalice Mining -8 6 261 1520 4.13 $ 1,469,535,039.45
MEU Marmota -8 4 -22 68 0.047 $ 48,426,684.50
CMM Capricorn Metals -8 1 -9 35 1.66 $ 570,998,179.62
RVR Red River Resources -8 12 213 90 0.285 $ 147,565,694.60
KAI Kairos Minerals -8 -8 10 305 0.034 $ 56,972,620.78
MKR Manuka Resources -8 -10 49 0 0.38 $ 35,135,705.16
SBM St Barbara -9 -10 -37 -18 2.23 $ 1,580,002,175.36
YRL Yandal Resources -9 -1 65 78 0.42 $ 39,942,932.63
KCN Kingsgate Consolidated -9 15 116 111 0.94 $ 212,652,383.60
EVN Evolution Mining -9 -4 -23 27 4.61 $ 7,962,388,616.10
OKU Oklo Resources -9 -11 -35 21 0.205 $ 103,326,111.46
SNG Siren Gold -9 -18 0 0 0.66 $ 40,890,859.23
SSR SSR Mining -9 -4 0 0 23.35 $ 416,139,815.40
TAM Tanami Gold -9 17 38 120 0.088 $ 103,408,540.05
BGL Bellevue Gold -9 -24 -3 106 1.02 $ 880,989,384.56
MDI Middle Island Resources -9 26 -33 270 0.34 $ 42,431,798.15
WGX Westgold Resources -9 -13 12 7 2.41 $ 1,029,968,306.10
AMI Aurelia Metals -9 6 -16 2 0.43 $ 530,760,405.75
TNR Torian Resources -10 -3 56 265 0.028 $ 21,598,911.80
CLA Celsius Resources -10 20 139 244 0.055 $ 43,692,212.54
GBR Great Boulder Resources -10 -6 14 23 0.045 $ 8,650,749.42
BAR Barra Resources -10 4 37 24 0.026 $ 17,617,810.63
MZZ Matador Mining -10 19 -15 50 0.345 $ 57,925,378.06
M2R Miramar -10 -12 0 0 0.3 $ 12,879,393.60
AGS Alliance Resources -11 3 1 74 0.17 $ 30,311,013.60
BNZ Benz Mining -11 0 0 0 1.43 $ 21,800,108.40
RMS Ramelius Resources -11 -6 -19 27 1.57 $ 1,274,202,193.95
PRU Perseus Mining -11 3 -14 14 1.19 $ 1,471,748,244.00
AAU Antilles Gold -11 34 71 141 0.082 $ 15,416,190.27
AVW Avira Resources -11 0 60 300 0.008 $ 9,625,280.00
PKO Peako -11 0 157 35 0.024 $ 4,609,300.25
GOR Gold Road Resources -11 1 -30 -6 1.24 $ 1,104,305,558.74
SLR Silver Lake Resources -11 -7 -25 26 1.7 $ 1,511,901,665.23
ZNC Zenith Minerals -12 -12 15 85 0.115 $ 33,851,403.45
GSN Great Southern Mining -12 25 -44 33 0.084 $ 38,672,485.70
GUL Gullewa Limited -12 -20 4 203 0.088 $ 16,048,832.80
SRN Surefire Resources -12 -43 538 920 0.0255 $ 24,225,269.85
LCY Legacy Iron Ore -12 125 800 1700 0.036 $ 224,900,586.61
DCX Discovex Resources -13 17 -13 17 0.007 $ 8,373,148.53
WAF West African Resources -13 -1 -5 136 0.955 $ 843,775,340.16
RSG Resolute Mining -13 0 -37 -38 0.73 $ 844,477,920.09
ALK Alkane Resources -13 -13 -28 39 0.82 $ 485,241,872.00
NES Nelson Resources -14 2 87 103 0.086 $ 10,102,588.50
NML Navarre Minerals -15 -4 35 62 0.18 $ 103,577,008.69
SAU Southern Gold -15 5 -15 -44 0.11 $ 23,466,163.16
SLZ Sultan Resources -16 -22 15 211 0.19 $ 13,211,533.91
G88 Golden Mile -17 -4 -21 -7 0.05 $ 6,273,934.73
PRX Prodigy Gold -17 2 -33 -33 0.045 $ 26,708,869.88
VMC Venus Metals -17 -2 -23 11 0.2 $ 26,438,769.53
MRZ Mont Royal Resources -17 -14 14 -6 0.24 $ 7,970,608.80
DTR Dateline Resources -20 0 0 0 0.002 $ 16,420,156.15
MTH Mithril Resources -20 18 -20 67 0.02 $ 43,828,578.07
XTC Xantippe Resources -20 0 0 -33 0.002 $ 10,186,411.01
RXL Rox Resources -22 -22 -44 56 0.039 $ 88,142,623.91
ANL Amani Gold -25 50 50 -25 0.0015 $ 9,386,996.75
CST Castile Resources -26 -15 31 0 0.23 $ 43,936,226.62
RMX Red Mountain Mining -28 0 117 160 0.013 $ 14,707,192.36
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Monthly small cap standouts:

VOLT RESOURCES (ASX:VRC) +138%

This tiny graphite turned gold explorer spiked hard before going into a trading halt, and then suspension, pending “release of an announcement regarding a potential acquisition”.

In an ideal world stocks jump after an acquisition is publicly announced, not before. But anyway.

The deal should be announced by Wednesday next week.

 

LOS CERROS (ASX:LCL) +86%

On January 21, The Colombian explorer hit a 320m long “porphyry-style”  intersection at the Tesorito South target grading 1.5g/t gold from surface.

That includes a 102m long higher grade section grading 2.11g/t gold from 28m.

Porphyries are the holy grail for explorers: multigenerational monstrosities responsible for ~60 per cent of the world’s copper, most of its molybdenum, and significant amounts of gold and silver.

 

ORMINEX (ASX:ONX) +79%

Orminex was one of only ~6 gold stocks which struggled last year.

Its small, slightly crap Comet Vale mining operation was mothballed in September. Since then, it’s been all upside.

In December, Orminex sold 50 per cent of its undeveloped Penny’s Find gold mine for $1.5m to a subsidiary of Horizon Minerals (ASX:HRZ), which will shell out an another $1m to fund early development.

The project has a current resource estimate of 248,000t at 7.04g/t gold.

In January, it appointed new chief operating officer Matt Nixon, who most recently worked as mining manager for Australia’s #2 gold miner Northern Star Resources (ASX:NST).

 

ANTILLES GOLD (ASX:AAU) +53%

In May last year, Antilles – formerly PanTerra — finalised a joint venture to develop the La Demajagua gold-silver deposit in Cuba.

PanTerra wants to produce ~60,000 tonnes a year of concentrate grading around 47 grams per tonne (g/t) gold and 380g/t silver for at least six years.

A 25,000m drilling program kicked off this month to establish JORC resources. Feasibility studies for the stage one open pit mine should be completed by Q3 2022, Antilles says.

On top of that – it could also score a cool $20m from arbitration proceedings against the Dominican Government.

Categories: Mining

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