• Gold defends psychologically important US$1800 level and is currently paying ~US$1840/oz
  • Rox Resources up 66% on monster hit outside 3.2Moz Youanmi resource
  • Miners Ramelius (+20%), Resolute (+14%) lead strong week for mining stocks

Our Gold Digger column wraps all the news driving ASX stocks with exposure to precious metals.

 

Something interesting is happening in the gold market, OANDA’s Ed Moya said earlier this week.

“Treasury yields surged, the 10-year yield even tested above 4%, but gold didn’t break,” he says.

“Bullion traders appear to be growing confident that they have priced in peak Fed tightening.

“A lot of uncertainty remains going forward, but it appears the king dollar rebound might not be as big as some traders were initially thinking.”

Gold defended the psychologically important US$1800 level and is currently paying ~US$1840/oz.

Gold’s got a few big events coming up that will determine its fate, Moya says.

“Next is the ISM Services index, which could provide some insight if the economy will come back to reality following a very robust January,” he says.

“Next week is all about Fed Chair Powell’s semi-annual monetary report to Congress and the non-farm payroll report.”

Gold might settle down to a range leading up to these events, Moya says, with US$1825 providing initial support and US$1850 likely being strong resistance.

 

Winners & Losers

Here’s how ASX-listed precious metals stocks are performing:

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

Stocks missing from this list? Email [email protected]

CODE COMPANY 1 WEEK RETURN % 1 MONTH RETURN % 6 MONTH RETURN % 1 YEAR RETURN % PRICE MARKET CAP
RXL Rox Resources 66% 33% -2% -43% 0.24 $54,966,794
AQX Alice Queen Ltd 50% -25% -40% -81% 0.0015 $3,795,431
OAU Ora Gold Limited 33% -9% -29% -66% 0.004 $3,936,925
ASO Aston Minerals Ltd 29% 36% 47% -17% 0.125 $116,920,748
BAT Battery Minerals Ltd 25% 25% 0% -44% 0.005 $14,676,212
RMS Ramelius Resources 20% -2% 40% -32% 1.03 $860,149,941
AAU Antilles Gold Ltd 19% -10% -23% -52% 0.037 $17,543,183
ARN Aldoro Resources 19% -8% -12% -42% 0.22 $24,840,710
GBR Greatbould Resources 17% 10% 0% -31% 0.097 $41,803,601
DCX Discovex Res Ltd 17% 17% -30% -63% 0.0035 $11,558,988
CY5 Cygnus Metals Ltd 17% -31% 17% 94% 0.35 $64,355,974
RSG Resolute Mining 14% -3% 19% 15% 0.2725 $574,831,774
IPT Impact Minerals 13% -10% 13% -23% 0.009 $22,332,335
FAL Falconmetalsltd 12% 57% 72% -6% 0.37 $60,180,000
E2M E2 Metals 12% -3% -3% -30% 0.14 $34,910,004
G50 Gold50Limited 12% 21% 62% 0% 0.235 $13,381,605
DTM Dart Mining NL 12% -8% -57% -48% 0.047 $6,536,064
BGL Bellevue Gold Ltd 11% -8% 46% 16% 1.1275 $1,275,910,992
VMC Venus Metals Cor Ltd 10% 10% 0% -11% 0.16 $30,273,376
PRU Perseus Mining Ltd 10% 1% 51% 23% 2.16 $2,926,371,062
WA8 Warriedarresourltd 10% -18% 18% -8% 0.165 $71,124,704
MEU Marmota Limited 10% -2% -12% 7% 0.044 $44,469,624
SI6 SI6 Metals Limited 10% -8% -39% -42% 0.0055 $8,972,368
AMI Aurelia Metals Ltd 10% -15% -53% -76% 0.115 $148,492,466
TGM Theta Gold Mines Ltd 10% -1% -7% -51% 0.069 $39,616,581
DEG De Grey Mining 9% -3% 59% 20% 1.4725 $2,333,944,538
FML Focus Minerals Ltd 9% -14% 38% -33% 0.18 $51,580,556
SVL Silver Mines Limited 9% -26% -8% -34% 0.1525 $217,623,045
DCN Dacian Gold Ltd 9% -7% -2% -53% 0.098 $121,680,094
REZ Resourc & En Grp Ltd 8% 8% -48% -69% 0.013 $6,497,475
NAE New Age Exploration 8% -7% -7% -50% 0.0065 $8,615,393
WRM White Rock Min Ltd 8% -3% -28% -68% 0.066 $17,599,648
CEL Challenger Exp Ltd 7% -9% -26% -57% 0.145 $141,185,030
KCC Kincora Copper 7% -1% 21% -50% 0.075 $7,705,433
TSO Tesoro Gold Ltd 7% -3% -20% -57% 0.03 $33,712,402
GWR GWR Group Ltd 7% 0% -23% -60% 0.062 $19,915,433
ALK Alkane Resources Ltd 7% -2% -1% -34% 0.705 $437,118,592
MOH Moho Resources 6% -15% -50% -64% 0.017 $3,322,595
AQI Alicanto Min Ltd 6% 10% -7% -50% 0.053 $23,649,322
CHN Chalice Mining Ltd 6% -2% 49% -12% 6.57 $2,454,435,705
ADT Adriatic Metals 6% 4% 56% 53% 3.39 $715,635,108
WAF West African Res Ltd 6% -15% -18% -16% 0.95 $982,575,715
NAG Nagambie Resources 5% -2% -15% 9% 0.058 $31,070,240
MI6 Minerals260Limited 5% -10% -2% -31% 0.305 $70,400,000
HMG Hamelingoldlimited 5% -22% -32% -42% 0.105 $11,550,000
HMG Hamelingoldlimited 5% -22% -32% -42% 0.105 $11,550,000
HAW Hawthorn Resources 5% 0% 9% 18% 0.105 $35,176,639
TTM Titan Minerals 5% -6% 16% -46% 0.065 $90,321,484
BYH Bryah Resources Ltd 5% -8% -24% -55% 0.022 $5,906,323
AUT Auteco Minerals 5% -19% -4% -45% 0.044 $98,161,961
SAU Southern Gold 5% -12% -37% -60% 0.022 $6,606,276
AME Alto Metals Limited 5% -8% -1% -16% 0.067 $41,058,637
PGD Peregrine Gold 5% -9% -39% -13% 0.45 $17,932,924
LYN Lycaonresources 5% -23% -23% -32% 0.23 $7,900,500
SMI Santana Minerals Ltd 4% 3% 6% 85% 0.815 $120,509,854
IGO IGO Limited 4% -5% 10% 18% 13.895 $10,541,167,957
CST Castile Resources 4% 0% -23% -44% 0.1 $24,190,243
ADN Andromeda Metals Ltd 4% -4% -15% -74% 0.05 $146,170,396
GSR Greenstone Resources 4% -14% -63% -32% 0.025 $27,776,616
PUR Pursuit Minerals 4% 8% 100% 21% 0.026 $29,706,296
ICG Inca Minerals Ltd 4% 22% -40% -71% 0.028 $13,037,041
NCM Newcrest Mining 4% 4% 41% -6% 24.05 $21,359,640,846
SRN Surefire Rescs NL 4% 4% 21% 12% 0.0145 $22,929,770
ENR Encounter Resources 4% -15% -15% 0% 0.145 $49,773,609
NST Northern Star 3% -18% 46% 7% 10.805 $12,614,901,696
GOR Gold Road Res Ltd 3% -11% 22% -3% 1.5 $1,665,331,498
XAM Xanadu Mines Ltd 3% 0% 0% 15% 0.031 $46,678,658
LCY Legacy Iron Ore 3% 3% -21% -13% 0.0165 $102,509,219
SBR Sabre Resources 3% -24% -43% -15% 0.034 $9,619,044
ORN Orion Minerals Ltd 3% 6% 0% -39% 0.017 $80,840,944
KAU Kaiser Reef 3% -8% 0% -10% 0.175 $24,797,094
EMR Emerald Res NL 3% -7% 23% 25% 1.42 $858,042,420
SMS Starmineralslimited 3% -9% -4% -61% 0.072 $2,109,926
PNM Pacific Nickel Mines 3% -13% -28% -24% 0.072 $27,076,416
GMD Genesis Minerals 3% -15% -2% -34% 1.0975 $473,222,024
STK Strickland Metals 3% 8% -23% -34% 0.04 $60,642,222
AM7 Arcadia Minerals 2% 2% -13% 0% 0.225 $10,740,515
SKY SKY Metals Ltd 2% -11% -15% -38% 0.051 $18,839,174
BC8 Black Cat Syndicate 2% -2% 11% -33% 0.3925 $101,137,742
RDT Red Dirt Metals Ltd 2% -22% -33% -25% 0.3925 $169,064,846
RED Red 5 Limited 2% -35% -36% -53% 0.1375 $417,526,099
EVN Evolution Mining Ltd 2% -16% 31% -33% 2.83 $5,394,947,978
ERM Emmerson Resources 1% -6% -18% -38% 0.075 $41,397,944
CMM Capricorn Metals 1% -19% 12% 1% 3.845 $1,514,305,445
AGG AngloGold Ashanti 1% -14% 31% -24% 5.06 $446,930,903
WGX Westgold Resources. 1% -28% 12% -59% 0.96 $459,414,048
SSR SSR Mining Inc. 0% -18% 6% -28% 20.21 $389,115,648
NPM Newpeak Metals 0% 0% 0% 0% 0.001 $9,145,132
FFX Firefinch Ltd 0% 0% 0% -19% 0.2 $236,569,315
NMR Native Mineral Res 0% -22% -48% -71% 0.067 $8,049,295
SLZ Sultan Resources Ltd 0% -20% -50% -68% 0.052 $4,330,788
MKG Mako Gold 0% -11% -32% -53% 0.04 $18,866,054
PNX PNX Metals Limited 0% -25% -20% -36% 0.003 $16,141,874
LM8 Lunnonmetalslimited 0% -2% 9% 12% 0.96 $105,481,082
IVR Investigator Res Ltd 0% -10% -5% -40% 0.038 $54,612,219
GTR Gti Energy Ltd 0% -8% -42% -50% 0.011 $15,054,836
PUA Peak Minerals Ltd 0% -17% -44% -62% 0.005 $5,206,883
LEX Lefroy Exploration 0% -4% -22% -36% 0.225 $35,300,760
SIH Sihayo Gold Limited 0% 0% -33% -67% 0.002 $12,204,256
WCN White Cliff Min Ltd 0% -8% -48% -58% 0.011 $8,624,599
AVM Advance Metals Ltd 0% -10% -14% -47% 0.009 $5,220,397
CTO Citigold Corp Ltd 0% -17% -38% -50% 0.005 $14,168,295
TRY Troy Resources Ltd 0% 0% 0% 0% 0.0295 $62,920,961
CGN Crater Gold Min Ltd 0% 0% 0% 0% 0.017 $21,063,474
EMC Everest Metals Corp 0% -10% -2% -39% 0.086 $8,621,082
GUL Gullewa Limited 0% -8% -8% -24% 0.055 $10,767,521
ADV Ardiden Ltd 0% 0% -13% -44% 0.007 $18,818,347
MGV Musgrave Minerals 0% -13% -33% -44% 0.175 $106,417,431
VKA Viking Mines Ltd 0% -21% 38% 0% 0.011 $11,277,843
PRS Prospech Limited 0% -24% -13% -45% 0.026 $2,295,763
XTC Xantippe Res Ltd 0% 20% -33% -14% 0.006 $52,900,498
NML Navarre Minerals Ltd 0% -6% -23% -66% 0.034 $54,639,408
MAU Magnetic Resources 0% -13% -31% -52% 0.7 $160,658,667
RML Resolution Minerals 0% 0% -42% -63% 0.007 $7,558,223
AL8 Alderan Resource Ltd 0% -13% -36% -65% 0.007 $4,047,863
TBA Tombola Gold Ltd 0% 0% -16% -7% 0.026 $33,129,243
VRC Volt Resources Ltd 0% 0% -50% -8% 0.012 $43,333,663
AUC Ausgold Limited 0% -13% 4% 14% 0.049 $97,414,778
EMU EMU NL 0% -29% -46% -75% 0.003 $2,061,804
X64 Ten Sixty Four Ltd 0% -9% 5% -29% 0.57 $130,184,182
RVR Red River Resources 0% 0% -34% -68% 0.073 $37,847,908
CBY Canterbury Resources 0% 3% 0% -50% 0.04 $5,760,941
WMC Wiluna Mining Corp 0% 0% 0% -77% 0.205 $74,238,031
MDI Middle Island Res 0% -17% -29% -58% 0.05 $6,120,911
RDS Redstone Resources 0% 0% 25% 11% 0.01 $7,368,324
KAI Kairos Minerals Ltd 0% -5% -29% -13% 0.02 $37,317,776
ALY Alchemy Resource Ltd 0% -11% -24% 33% 0.016 $18,849,220
OBM Ora Banda Mining Ltd 0% 17% 78% 114% 0.105 $142,579,223
AVW Avira Resources Ltd 0% -17% -38% -50% 0.0025 $5,334,475
MAT Matsa Resources 0% 8% -7% -38% 0.04 $16,892,189
ZAG Zuleika Gold Ltd 0% -21% -38% -56% 0.015 $7,845,759
CHZ Chesser Resources 0% -6% 6% -10% 0.09 $52,974,121
MBK Metal Bank Ltd 0% -43% -48% -65% 0.021 $5,529,710
TAR Taruga Minerals 0% -15% -35% -48% 0.017 $12,708,482
NES Nelson Resources. 0% -25% -36% -66% 0.006 $3,531,566
PKO Peako Limited 0% -20% -43% -29% 0.012 $4,550,583
GNM Great Northern 0% -13% -13% -42% 0.0035 $6,836,204
BTR Brightstar Resources 0% -25% 0% -42% 0.018 $14,924,319
DEX Duke Exploration 0% 0% -13% -70% 0.053 $5,587,240
AWJ Auric Mining 0% -29% -45% -51% 0.045 $5,888,682
AZS Azure Minerals 0% -8% 55% -21% 0.295 $96,939,832
AYM Australia United Min 0% -25% -40% -50% 0.003 $5,527,732
ANL Amani Gold Ltd 0% 0% 0% -50% 0.001 $24,693,441
GCY Gascoyne Res Ltd 0% 0% -42% -33% 0.167213 $71,243,569
HAV Havilah Resources 0% 1% -5% 100% 0.35 $106,074,135
GCY Gascoyne Res Ltd 0% 0% -42% -33% 0.167213 $71,243,569
PNT Panthermetalsltd 0% -9% -32% -32% 0.15 $4,305,000
KIN KIN Min NL 0% -2% -30% -44% 0.052 $61,263,828
KCN Kingsgate Consolid. 0% -11% -1% 32% 1.51 $343,046,702
RRL Regis Resources 0% -20% 16% -10% 1.7775 $1,374,147,184
RND Rand Mining Ltd -1% -4% -5% -10% 1.35 $76,782,547
BGD Bartongoldholdings -1% -4% 53% -2% 0.23 $19,835,730
GAL Galileo Mining Ltd -1% -12% -29% 305% 0.77 $148,218,695
SBM St Barbara Limited -1% -25% -37% -60% 0.5525 $453,180,613
SLR Silver Lake Resource -1% -21% -16% -45% 1.03 $994,826,436
TCG Turaco Gold Limited -2% 0% 15% -37% 0.063 $26,946,150
HCH Hot Chili Ltd -2% -8% 3% -32% 0.93 $112,278,494
GIB Gibb River Diamonds -2% 3% 3% -5% 0.061 $12,902,076
SPQ Superior Resources -2% 2% 12% 38% 0.058 $100,372,005
BRB Breaker Res NL -2% -10% 27% 24% 0.28 $91,463,754
IDA Indiana Resources -2% -11% -18% -11% 0.055 $26,062,651
KTA Krakatoa Resources -3% -11% -37% -7% 0.039 $13,443,687
TAM Tanami Gold NL -3% -16% -18% -39% 0.036 $43,478,591
NXM Nexus Minerals Ltd -3% -22% -24% -48% 0.175 $56,954,329
ANX Anax Metals Ltd -3% -7% -4% -19% 0.069 $27,838,848
MXR Maximus Resources -3% -17% -35% -44% 0.034 $10,847,896
PDI Predictive Disc Ltd -3% -8% -13% -19% 0.17 $303,540,446
A8G Australasian Metals -3% -13% -37% -66% 0.165 $6,793,132
KZR Kalamazoo Resources -3% -24% -29% -44% 0.16 $24,555,197
TLM Talisman Mining -3% -12% -6% -12% 0.15 $28,160,925
GMR Golden Rim Resources -3% -15% -37% -72% 0.029 $17,747,651
MM8 Medallion Metals. -4% -10% -25% -40% 0.135 $18,893,933
MTC Metalstech Ltd -4% -6% 63% 138% 0.465 $83,286,157
PRX Prodigy Gold NL -4% 5% -14% -50% 0.0115 $19,226,711
ZNC Zenith Minerals Ltd -4% -10% -27% -41% 0.22 $80,892,390
CDT Castle Minerals -4% 0% -24% -60% 0.022 $21,988,846
A1G African Gold Ltd. -4% -7% 21% -53% 0.085 $14,391,453
FEG Far East Gold -5% -21% -29% 0% 0.315 $38,488,740
KRM Kingsrose Mining Ltd -5% -17% 22% -13% 0.062 $47,409,171
EM2 Eagle Mountain -5% -18% -5% -62% 0.2 $60,993,373
SFR Sandfire Resources -5% -6% 59% -2% 6.06 $2,777,902,922
BM8 Battery Age Minerals -5% -3% -3% 13% 0.485 $37,109,082
GED Golden Deeps -5% -10% -41% -5% 0.0095 $10,974,654
KSN Kingston Resources -5% -5% 10% -39% 0.095 $39,487,097
ICL Iceni Gold -5% -5% -10% -14% 0.095 $11,922,268
GSM Golden State Mining -5% -21% -32% -55% 0.038 $4,388,033
PNR Pantoro Limited -5% -41% -69% -83% 0.056 $114,556,045
TBR Tribune Res Ltd -5% -11% -4% -28% 3.35 $175,768,058
TIE Tietto Minerals -5% -16% 34% 13% 0.645 $712,330,506
AGC AGC Ltd -5% -7% -17% -39% 0.055 $5,200,000
MVL Marvel Gold Limited -5% -10% -40% -62% 0.018 $13,396,793
CAI Calidus Resources -5% -21% -60% -73% 0.2225 $98,898,939
NVA Nova Minerals Ltd -5% -23% -41% -12% 0.53 $110,717,132
S2R S2 Resources -5% -17% -9% -20% 0.1325 $46,393,731
GRL Godolphin Resources -5% -22% -21% -46% 0.07 $8,285,861
CLA Celsius Resource Ltd -6% -16% 23% -33% 0.016 $27,858,061
TUL Tulla Resources -6% -34% -51% -61% 0.24 $51,083,628
AAJ Aruma Resources Ltd -6% -26% -10% -26% 0.063 $9,888,575
MLS Metals Australia -6% -13% -8% -47% 0.047 $28,530,701
MRR Minrex Resources Ltd -6% -19% -40% -46% 0.03 $32,546,025
ARV Artemis Resources -6% -40% -52% -79% 0.015 $20,871,276
HRN Horizon Gold Ltd -6% -12% -17% -28% 0.3 $37,554,492
GML Gateway Mining -7% -31% -53% -64% 0.043 $11,306,517
SVG Savannah Goldfields -7% -1% -11% -7% 0.1775 $31,159,992
HMX Hammer Metals Ltd -7% -15% 29% -24% 0.063 $52,570,070
BCN Beacon Minerals -7% -7% 17% -22% 0.028 $105,189,509
CAZ Cazaly Resources -7% -7% -31% -36% 0.027 $10,782,832
BNZ Benzmining -7% -20% -27% -33% 0.4 $30,026,613
BEZ Besragoldinc -7% -6% -3% -44% 0.044 $14,862,199
MHC Manhattan Corp Ltd -8% -33% -33% -54% 0.006 $10,527,969
WWI West Wits Mining Ltd -8% -29% -33% -73% 0.012 $25,826,166
MRZ Mont Royal Resources -8% -20% -36% -46% 0.175 $13,011,707
PGO Pacgold -8% -8% -17% -48% 0.35 $19,511,444
ARL Ardea Resources Ltd -8% -25% -34% -18% 0.565 $102,901,663
OKR Okapi Resources -8% -11% -38% -44% 0.165 $27,250,159
CPM Coopermetalslimited -8% -7% -41% -49% 0.27 $11,095,650
CYL Catalyst Metals -9% -11% -7% -34% 1.215 $178,462,824
CDR Codrus Minerals Ltd -9% -16% 24% -14% 0.105 $4,649,450
MEK Meeka Metals Limited -9% -29% -38% -19% 0.042 $48,042,402
MZZ Matador Mining Ltd -9% -30% -30% -74% 0.077 $25,217,507
CWX Carawine Resources -9% -17% -9% -57% 0.091 $17,910,390
BNR Bulletin Res Ltd -9% 0% -26% -41% 0.1 $29,359,110
BMR Ballymore Resources -9% -9% -23% -6% 0.15 $14,447,618
RDN Raiden Resources Ltd -9% -9% -44% -67% 0.005 $9,927,495
RGL Riversgold -9% -29% -41% -15% 0.02 $19,854,822
AAR Astral Resources NL -9% -7% -21% -30% 0.069 $45,913,289
DRE Dreadnought Resources Ltd -9% -32% -44% 90% 0.078 $266,791,986
SFM Santa Fe Minerals -9% -3% -20% -68% 0.068 $5,461,409
KNB Koonenberrygold -10% 50% 1% -29% 0.075 $5,681,733
MKR Manuka Resources. -10% -23% -53% -76% 0.073 $38,715,718
RMX Red Mount Min Ltd -10% -25% -36% -47% 0.0045 $11,359,255
GMN Gold Mountain Ltd -10% -25% -36% -44% 0.0045 $8,864,697
KAL Kalgoorliegoldmining -10% -7% -44% -53% 0.07 $5,420,422
HRZ Horizon -10% -22% -26% -57% 0.052 $33,633,696
OZM Ozaurum Resources -11% -41% -60% -58% 0.05 $6,350,000
NWM Norwest Minerals -11% -49% -48% -42% 0.033 $6,885,329
NSM Northstaw -11% -13% 10% -43% 0.165 $19,820,955
MOM Moab Minerals Ltd -11% -20% -71% -71% 0.008 $5,455,708
YRL Yandal Resources -11% -16% -47% -72% 0.079 $12,466,443
MEG Megado Minerals Ltd -11% 18% -57% -39% 0.047 $6,437,500
VAN Vango Mining Ltd -11% -6% 21% 18% 0.047 $59,217,069
MEI Meteoric Resources -12% -24% 817% 633% 0.11 $190,931,192
SVY Stavely Minerals Ltd -12% -30% 38% -48% 0.22 $75,014,205
SPD Southernpalladium -12% -36% -47% 0% 0.505 $21,754,555
FAU First Au Ltd -13% -22% -50% -65% 0.0035 $3,831,741
HXG Hexagon Energy -13% -22% -13% -75% 0.014 $8,206,654
GBZ GBM Rsources Ltd -13% -32% -38% -71% 0.034 $18,571,264
KWR Kingwest Resources -13% -15% -45% -81% 0.034 $9,860,439
POL Polymetals Resources -13% -11% 10% 36% 0.17 $7,681,058
GSN Great Southern -13% -33% -43% -60% 0.02 $13,270,140
SXG Southern Cross Gold -13% -17% 56% 0% 0.555 $48,056,891
BMO Bastion Minerals -14% -37% -72% -82% 0.032 $5,115,734
FG1 Flynngold -14% -26% -26% -51% 0.07 $8,229,883
M2R Miramar -14% -25% -44% -65% 0.062 $4,382,268
TMX Terrain Minerals -14% 0% -33% -14% 0.006 $7,582,395
CXU Cauldron Energy Ltd -14% -25% -38% -67% 0.006 $6,520,976
LCL Los Cerros Limited -15% -27% -10% -74% 0.03 $22,337,346
QML Qmines Limited -16% -18% 2% -43% 0.1475 $13,531,355
ADG Adelong Gold Limited -16% -20% -47% -73% 0.008 $4,270,578
STN Saturn Metals -16% -28% -51% -66% 0.13 $21,974,536
TG1 Techgen Metals Ltd -16% -24% -67% -36% 0.067 $4,016,404
MCT Metalicity Limited -17% -17% -50% -63% 0.0025 $10,513,618
MTH Mithril Resources -17% -29% -50% -81% 0.0025 $8,157,725
THR Thor Energy PLC -17% -17% -50% -64% 0.005 $7,378,064
LRL Labyrinth Resources -17% -21% -38% -63% 0.015 $14,392,310
SNG Siren Gold -19% -37% -46% -57% 0.11 $16,111,057
G88 Golden Mile Res Ltd -23% -26% -51% -71% 0.017 $3,478,026
ASR Asra Minerals Ltd -23% -33% -41% -64% 0.01 $16,138,305
DTR Dateline Resources -28% -24% -73% -70% 0.026 $20,346,643
M24 Mamba Exploration -29% -34% 25% -31% 0.125 $7,013,084
TMZ Thomson Res Ltd -31% -76% -80% -93% 0.0045 $4,349,755
BBX BBX Minerals Ltd -32% -25% 30% -22% 0.105 $51,525,755
CLZ Classic Min Ltd -33% -71% -87% -99% 0.002 $3,777,791
TRM Truscott Mining Corp -58% -32% 53% 91% 0.061 $10,698,052
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WEEKLY ASX STANDOUTS

ROX RESOURCES (ASX:RXL) +66%

Drilling pulled up an eyewatering 28m at 34.81g/t gold from 204m in a largely untested area outside the current 3.2Moz resource at the RXL – Venus Metals (ASX:VMC) Youanmi project JV in WA.

That includes a 10m section grading 79.55g/t from 211m.

RXL managing director Rob Ryan says the result from the first hole at ‘Youanmi South’ opens a new near-mine area for exploration and potential high-grade resource growth.

“Youanmi South is just 250 metres from the Youanmi main open pit, yet historical drilling was largely restricted to the weathered [close to surface] zone so true geology has been unconstrained,” he says.

“The exceptional grade and continuous high-grade tenor of the intersection in an area previously untested by drilling is cause for cautious optimism whilst we determine orientation of the mineralised zone.

“The results from Midway, and those reported here on Youanmi South emphasize that Youanmi has the potential to deliver extensive resource growth with quality ounces through near-mine discovery.

“Our confidence continues to increase that Youanmi is a large-scale, high-grade system that is still in the early stages of understanding and resource evaluation.”

READ: Q+A: How Rox Resources will pull another half a million oz of gold from Youanmi

 

RAMELIUS RESOURCES (ASX:RMS) +20%

The $900m capped miner has bounced back with vengeance this week following a “solid set of financial results” released 21 February.

It was one of several mid and large cap stocks to ink double digit percentage gains this week.

RMS delivered $32.7m in underlying half year NPAT and $29.1m of NPAT, down from $54.2m and $73.4m respectively but toasted what it said was a still strong EBITDA margin of ~35%.

The big issue for RMS was costs and lower gold output, with all in sustaining costs up from $1473/oz to $2044/oz year on year in the first half and production down from 132,605oz to 118,000oz.

That underpinned a drop in EBITDA from $187.7m to $101.1m.

FY23 is 240,000-280,000oz at all in costs of A$1,750 – 1,950/oz.

Managing director Mark Zeptner was bullish however on the impact of its new high-grade Penny gold mine over the coming years.


RESOLUTE MINING (ASX:RSG) +14%

Fellow miner RSG also showed signs of recovery this week and is now up 40% year-to-date.

It exceeded 2022 production guidance of 345,000oz with 353,069oz, which led to an increase in EBITDA and a far smaller net loss (US$34.7m, compared to US$367.5m in 2021).

Net debt is down, a lot, from US$228.8m in Dec 2021 to US$31.6m in Dec 2022. It had $94m in bank.

The $600m capped West African producer expects 350,000oz at an all in sustaining cost of US$1480/oz in 2023.

 

FALCON METALS (ASX:FAL) +13%

The Chalice Mining (ASX:CHN) spinout is up ~80% – to 11 month highs – since reporting multiple high grade gold hits mid-February at Ironbark East, part of the flagship Pyramid Hill project in Victoria.

Highlights include 12m @ 6.18g/t gold from 74m, including 1m @ 52.9g/t from 77m – the highest-grade gold intercept to date at Pyramid Hill.

The drill program was focused on infilling around last year’s program which hit 40m @ 2.8g/t Au from 50m, including several 1m intercepts above 10g/t.

FAL has now defined high grade gold over 400m at Ironbark East. A program of more than 50,000m across the wider project remains on track to complete in May.

Pyramid Hill was CHN’s No 1 focus before it hit the motherlode at Julimar, and is highly prospective for high-grade gold deposits like the nearby, world-class Fosterville mine.

According to the Victorian government there’s 32Moz of undiscovered gold in the North Bendigo zone where FAL has a dominant landholding.

FAL is notably chaired by Mark Bennett, discoverer of the Nova nickel discovery.