• China, Turkey and India led  ongoing central bank gold buying in April
  • Analysts still see gold continuing higher this year, heading ‘easily’ above US$2,500
  • Iceni Gold absolutely slays it on the ASX this week with  +200% gain

 

In the week’s most tenuous (possibly) world macroeconomics analogy on Stockhead, we refer you to American country singer Jerry Reed’s early ’80s hit – She Got the Goldmine, I Got the Shaft.

Why? Because it’s Friday and we’re scratching around for content that speaks to us – even if it’s a solid gold earworm with an amusing title.

And… also because China keeps on buying gold in an attempt to protect itself against its shaky economic sitch, while America slowly digs itself a great big, inflating hole of irreversible debt of its own.

In the ditty, the antagonist gets the spoils, while the protagonist is left with little else to show but a broken heart and a steaming hot mess of financial woe. Perhaps the shaft, in this sense, is made from US currency.

In a global sense, the prominent BRICS Eastern powerhouse very much aims to be the ‘antagonist’ as it looks to diversify away as fast as it can from the US dollar. And that’s in order to reduce its geo-economic vulnerabilities within the overarching dollar-dominated global economic system.

China is the world’s largest consumer of gold. According to broker Citi (via a Carl Capolingua article for Market Index), China gobbles up about 60% of global mine production, and around two-thirds of all annual global gold supply.

The US dollar, meanwhile, as remarkably strong as its been of late (thanks to the US Federal Reserve’s interest rate hiking and holding), might well be due some crumbling at the edges if (more likely when) the Fed turns the money printer back on come the US election – in order to help Sleepy Joe look like he’s actually doing something right by the American people.

In just about any future you look at, though – sticky, untameable inflation/stagflation; the eventual predicted rate cuts still likely this year from a Fed that says it’s got it under control; and then a Biden win or a supposedly nightmarish Trumpian apocalypse… gold’s actually looking like one of the very best places to park money as a safe haven.

Same as it ever was.

Here’s the song. Like we said, earworm.

You’re back. And so is gold. It’s up again at the time of writing with a +0.3% gain.

In US dollars it’s doing the rounds at $2,357, and in the Aussie version, which always sounds better, it’s changing hands around $3,567. Handy.

Time for some second-hand analysis, some news items, and then some ASX goldie action.

First up, who better to turn to than a global council that dedicates itself round the clock to the deeply analytical study of the gold market and its machinations? No one, that’s who.

 

The latest from the World Gold Council

The World Gold Council (WGC) this week released its Gold Market + ETF commentary reports for April.

It’s a long read. Worth it, but long. So we’ve cherry picked what we need here.

Essentially, April saw gold gains slow compared to a strong March, rising 4% over the month, despite hitting an all time high again, earlier in the month.

The cool off/”new-high fatigue” was due, says the council, to falling Chinese premia, lower Indian imports and flat-lining COMEX (Commodity Exchange Inc) positioning.

That said, the trajectory is still up for gold overall. And the reason we’re banging on about China above, is the fact its central bank is still buying up the precious metal like there’s no more to be found in the ground ever again. Which is ridiculous, of course – it’s not exactly a 100% finite hard currency, is it – like Bitc… nothing.

“For gold-backed ETFs, Asia-led global inflows and North American funds registered positive demand,” noted the WGC.

That said, these were dwarfed by European outflows. “Physically backed gold ETFs saw outflows of US$2bn in April, further extending aggregate losses to 11 consecutive months”.

Australian Gold ETFs were down just 1%, by the way.

Some WGC-noted positive thoughts/upshot for gold going forward, though:

• China’s PBoC and other central banks have continued to load up on gold in April. The biggest buyers in April included China, Turkey, and India.

Source: World Gold Council; IMF IFS, Respective central banks

• Inflation in the US remains sticky, “and the outlook seems to point once again to ‘stagflation’ which, in turn, is helping the case for gold and could encourage Western investors to join strong demand from Central banks and Far East buyers.

• “As we move from soft landing to higher-for-longer, while the Fed is not in any rush to cut rates, the rest of the economic picture may provide more incentives for Western investors to join the Eastern counterparts in adding gold to their investment strategies.”

 

Some other tidbits worth a mention

• Across the Atlantic, the Bank of England (BoE) has unsurprisingly kept its rate unchanged at 5.25%, in line with consensus. This has seemed to help buoy stock markets today, and the price of gold. Bitcoin, too.

• Gold’s price rise late this week is also being attributed to Chinese trade data showing a greater-than-expected rise in Chinese exports of 1.5% year-over-year in April, rebounding from a 7.5% drop a month earlier. This info comes per an fxstreet.com report, which reads:

According to the data, imports rose 8.4%, beating the 5.4% forecast and the previous 1.9% drop. China is a key player in the global market for gold so strong economic data from the country impacts its valuation.

• Meanwhile, in conversation with precious metals-focused media outlet Kitco this week, Jeff Clark, editor of TheGoldAdvisor.com, noted that while central bank buying has indeed been supportive of gold prices, interest rate cuts later this year could send the metal higher.

“This could be a banner year for central bank gold buying,” said Clark. “In my humble opinion, that is not why the gold price is higher. I think central bank gold buying actually supports the price though. It’s just an important component of this market,” he said, adding:

“$2,500 is easily within reach this year.”

• On the price prediction side of things, just returning to the Market Index article mentioned further above, and Capolingua notes that the Citi brokers, while of the belief gold could be a tad overextended in the short term, are “clear gold bulls”.

He notes:

They tip the gold price could trade with a ‘3’ handle for the first time ever in the not-too-distant future, given their ‘base case’ is for gold to hit US$3,000/oz within the next 12-15 months.

 

ASX Winners & Losers

Here’s how ASX-listed precious metals stocks are performing, circa 4pm May 10:

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

Stocks missing from this list? Please email [email protected]

Code Company Price % Week % Month % Year Market Cap
MRR Minrex Resources Ltd 0.0115 -4% -12% -1% $13,018,410
NPM Newpeak Metals 0.021 5% 91% 1% $2,499,605
ASO Aston Minerals Ltd 0.012 9% 0% -1% $14,245,707
MTC Metalstech Ltd 0.27 26% 64% 5% $47,238,648
FFX Firefinch Ltd 0.2 0% 0% 0% $236,569,315
GED Golden Deeps 0.039 -3% -13% -1% $4,620,894
G88 Golden Mile Res Ltd 0.012 -8% -14% -1% $4,934,674
DCX Discovex Res Ltd 0.002 0% 0% 0% $6,605,136
NMR Native Mineral Res 0.022 10% -27% 0% $4,616,711
AQX Alice Queen Ltd 0.007 40% 17% 0% $4,145,940
SLZ Sultan Resources Ltd 0.011 -8% -8% -1% $2,173,451
MKG Mako Gold 0.013 -7% -13% 0% $13,176,110
KSN Kingston Resources 0.073 9% 3% 0% $46,893,376
AMI Aurelia Metals Ltd 0.18 -10% -3% 7% $321,055,807
PNX PNX Metals Limited 0.0045 -10% -10% 0% $26,865,966
GIB Gibb River Diamonds 0.024 -23% -23% -1% $5,076,227
KCN Kingsgate Consolid. 1.79 15% 26% 42% $407,247,673
TMX Terrain Minerals 0.003 -25% -25% 0% $4,295,012
BNR Bulletin Res Ltd 0.053 8% 8% -9% $14,680,666
NXM Nexus Minerals Ltd 0.068 1% -16% 2% $25,288,908
SKY SKY Metals Ltd 0.044 29% 16% 1% $26,691,343
LM8 Lunnonmetalslimited 0.29 0% 9% -31% $63,174,577
CST Castile Resources 0.088 -2% 22% 1% $22,738,828
YRL Yandal Resources 0.115 -8% -4% 3% $30,797,876
FAU First Au Ltd 0.003 50% 50% 0% $3,323,987
ARL Ardea Resources Ltd 0.665 2% -6% 19% $129,715,895
GWR GWR Group Ltd 0.11 0% 13% 2% $35,333,832
IVR Investigator Res Ltd 0.055 20% 10% 2% $82,361,738
GTR Gti Energy Ltd 0.005 -17% -17% 0% $11,274,709
IPT Impact Minerals 0.022 10% 57% 1% $63,023,486
BNZ Benzmining 0.14 -7% -18% -11% $16,381,265
MOH Moho Resources 0.005 25% 0% -1% $2,156,713
BCM Brazilian Critical 0.026 8% 30% 0% $17,902,964
PUA Peak Minerals Ltd 0.003 0% 0% 0% $3,124,130
MRZ Mont Royal Resources 0.055 8% -8% -10% $4,676,639
SMS Starmineralslimited 0.03 -19% -25% -1% $2,277,684
MVL Marvel Gold Limited 0.009 0% -10% 0% $7,774,116
PRX Prodigy Gold NL 0.0025 0% -17% 0% $5,034,435
AAU Antilles Gold Ltd 0.011 -21% -44% -1% $10,356,885
CWX Carawine Resources 0.105 5% -5% -1% $24,793,172
RND Rand Mining Ltd 1.57 0% 0% 20% $89,295,259
CAZ Cazaly Resources 0.018 0% -10% -1% $7,728,818
BMR Ballymore Resources 0.155 24% 19% 3% $24,742,282
DRE Dreadnought Resources Ltd 0.017 0% 0% -1% $63,235,313
ZNC Zenith Minerals Ltd 0.075 -9% -23% -8% $28,190,471
REZ Resourc & En Grp Ltd 0.013 0% 0% 0% $8,109,475
LEX Lefroy Exploration 0.098 -11% -25% -8% $19,845,390
ERM Emmerson Resources 0.051 11% 4% -1% $27,235,489
AM7 Arcadia Minerals 0.06 -18% -38% -1% $7,088,257
ADT Adriatic Metals 4.58 -1% 9% 57% $1,149,615,496
AS1 Asara Resources Ltd 0.011 10% 22% 0% $10,586,104
CYL Catalyst Metals 0.83 -7% 19% 3% $172,814,884
CHN Chalice Mining Ltd 1.435 29% 15% -26% $560,107,158
KAL Kalgoorliegoldmining 0.029 -15% -9% 0% $4,755,022
MLS Metals Australia 0.021 5% -5% -2% $14,854,760
ADN Andromeda Metals Ltd 0.0175 -3% -8% -1% $59,095,148
MEI Meteoric Resources 0.2125 -6% -11% -5% $417,925,167
SRN Surefire Rescs NL 0.01 0% 0% 0% $21,849,386
SIH Sihayo Gold Limited 0.0025 0% 67% 0% $30,510,640
WA8 Warriedarresourltd 0.062 35% 38% 1% $41,077,283
HMX Hammer Metals Ltd 0.039 -9% -19% -1% $34,569,887
WCN White Cliff Min Ltd 0.0165 10% 10% 1% $27,614,586
AVM Advance Metals Ltd 0.024 -8% -37% -2% $1,139,942
WRM White Rock Min Ltd 0 -100% -100% -6% $17,508,200
ASR Asra Minerals Ltd 0.007 0% 0% 0% $11,647,970
MCT Metalicity Limited 0.003 50% 20% 0% $11,212,737
AME Alto Metals Limited 0.037 0% -18% -1% $25,253,311
CTO Citigold Corp Ltd 0.006 20% 20% 0% $18,000,000
TIE Tietto Minerals 0.68 0% 5% 7% $770,506,054
SMI Santana Minerals Ltd 1.115 -3% -16% 11% $224,310,976
M2R Miramar 0.012 33% -20% -1% $1,674,782
MHC Manhattan Corp Ltd 0.002 0% -33% 0% $5,873,960
GRL Godolphin Resources 0.024 -11% -27% -2% $4,966,460
SVG Savannah Goldfields 0.035 25% 40% -2% $7,870,378
EMC Everest Metals Corp 0.11 17% 10% 3% $15,278,329
GUL Gullewa Limited 0.054 -2% -4% 0% $11,057,747
CY5 Cygnus Metals Ltd 0.081 -5% 42% -5% $23,324,731
G50 G50Corp Ltd 0.155 -3% -9% 2% $16,939,950
ADV Ardiden Ltd 0.155 -3% 0% -2% $10,002,801
AAR Astral Resources NL 0.083 32% 26% 1% $61,584,437
VMC Venus Metals Cor Ltd 0.09 8% -10% -1% $17,075,581
NAE New Age Exploration 0.004 0% 0% 0% $7,175,596
VKA Viking Mines Ltd 0.011 10% 10% 0% $12,303,101
LCL LCL Resources Ltd 0.011 -8% -8% -1% $11,462,706
MTH Mithril Resources 0.2 0% 0% 0% $6,737,764
ADG Adelong Gold Limited 0.0035 17% 0% 0% $3,781,711
RMX Red Mount Min Ltd 0.001 0% -50% 0% $4,010,364
PRS Prospech Limited 0.048 9% 23% 2% $12,967,139
TTM Titan Minerals 0.026 -10% 0% 0% $47,043,022
NML Navarre Minerals Ltd 0.019 0% 0% 0% $28,555,654
MZZ Matador Mining Ltd 0.079 14% 44% 3% $39,874,242
KZR Kalamazoo Resources 0.115 31% 17% -1% $16,606,336
BCN Beacon Minerals 0.028 -3% -3% 0% $105,189,509
MAU Magnetic Resources 1.03 0% 5% 1% $279,930,643
BC8 Black Cat Syndicate 0.305 15% 17% 6% $84,852,197
EM2 Eagle Mountain 0.07 -10% 8% 0% $27,108,370
EMR Emerald Res NL 3.53 6% 1% 52% $2,204,759,307
BYH Bryah Resources Ltd 0.007 -13% -30% -1% $3,483,628
HCH Hot Chili Ltd 1.05 -16% -12% -3% $127,806,370
WAF West African Res Ltd 1.44 7% 6% 50% $1,438,835,832
MEU Marmota Limited 0.0435 1% 1% 0% $46,587,225
NVA Nova Minerals Ltd 0.245 -9% -8% -12% $47,919,048
SVL Silver Mines Limited 0.1925 17% -1% 3% $278,986,708
PGD Peregrine Gold 0.23 0% -4% -1% $15,612,037
ICL Iceni Gold 0.089 207% 242% 4% $21,943,934
FG1 Flynngold 0.027 -21% -41% -2% $7,127,252
WWI West Wits Mining Ltd 0.014 -13% -18% 0% $36,455,875
RML Resolution Minerals 0.002 0% 0% 0% $4,830,065
AAJ Aruma Resources Ltd 0.015 0% -25% -1% $2,953,373
AL8 Alderan Resource Ltd 0.005 0% -17% 0% $5,534,307
GMN Gold Mountain Ltd 0.004 0% 0% 0% $11,902,023
MEG Megado Minerals Ltd 0.011 10% 0% -2% $2,799,011
HMG Hamelingoldlimited 0.071 -5% -13% -1% $11,182,500
TBA Tombola Gold Ltd 0.026 0% 0% 0% $33,129,243
BM8 Battery Age Minerals 0.1 -2% 11% -9% $9,176,032
TBR Tribune Res Ltd 4.29 -4% 3% 134% $220,365,923
FML Focus Minerals Ltd 0.145 7% -19% -4% $38,685,417
GSR Greenstone Resources 0.01 18% 0% 0% $15,105,830
VRC Volt Resources Ltd 0.005 0% 0% 0% $24,952,069
ARV Artemis Resources 0.016 -6% -11% 0% $27,059,138
HRN Horizon Gold Ltd 0.32 23% 7% 2% $46,348,775
CLA Celsius Resource Ltd 0.01 -9% -29% 0% $24,279,127
QML Qmines Limited 0.062 -11% -17% -2% $15,326,725
RDN Raiden Resources Ltd 0.0425 25% 37% 0% $108,919,989
TCG Turaco Gold Limited 0.21 11% 17% 8% $157,098,667
KCC Kincora Copper 0.037 -5% -5% 0% $7,173,932
GBZ GBM Rsources Ltd 0.01 0% -17% 0% $11,566,889
DTM Dart Mining NL 0.029 12% -24% 1% $6,719,255
MKR Manuka Resources. 0.06 -15% -33% -2% $45,023,969
AUC Ausgold Limited 0.027 4% -23% -1% $59,699,671
ANX Anax Metals Ltd 0.043 59% 76% 1% $24,835,318
EMU EMU NL 0.03 50% 0% 0% $2,159,775
SFM Santa Fe Minerals 0.047 -4% 0% 0% $3,422,483
SSR SSR Mining Inc. 8.15 1% 12% -767% $34,616,148
PNR Pantoro Limited 0.086 1% 13% 3% $447,546,624
CMM Capricorn Metals 4.7 -3% -13% -1% $1,763,055,905
X64 Ten Sixty Four Ltd 0.57 0% 0% 0% $130,184,182
SI6 SI6 Metals Limited 0.003 0% 0% 0% $7,106,578
HAW Hawthorn Resources 0.07 -7% -7% -2% $23,451,093
BGD Bartongoldholdings 0.315 13% 19% 5% $67,721,670
SVY Stavely Minerals Ltd 0.026 -4% -19% -2% $9,930,442
AGC AGC Ltd 0.12 29% 54% 5% $22,000,000
RGL Riversgold 0.006 -8% -14% -1% $5,805,969
TSO Tesoro Gold Ltd 0.041 5% 52% 1% $51,642,390
GUE Global Uranium 0.11 0% 5% 1% $28,986,465
CPM Coopermetalslimited 0.13 8% 24% -21% $10,578,013
MM8 Medallion Metals. 0.052 -7% -21% -1% $16,307,260
FFM Firefly Metals Ltd 0.89 16% 19% 26% $389,849,977
CBY Canterbury Resources 0.068 13% 209% 4% $10,991,417
LYN Lycaonresources 0.32 -6% 49% 12% $16,690,219
SFR Sandfire Resources 9.8 5% 9% 246% $4,477,545,295
TMZ Thomson Res Ltd 0.005 0% 0% 0% $4,881,018
TAM Tanami Gold NL 0.036 -8% -8% 0% $43,478,591
WMC Wiluna Mining Corp 0 -100% -100% -21% $74,238,031
NWM Norwest Minerals 0.032 -18% 0% 1% $13,584,183
ALK Alkane Resources Ltd 0.6 3% -8% -6% $343,959,271
BMO Bastion Minerals 0.007 17% -13% -1% $3,014,087
IDA Indiana Resources 0.079 -2% 3% 0% $49,467,536
GSM Golden State Mining 0.012 9% 0% 0% $3,073,077
NSM Northstaw 0.036 -10% -20% -1% $5,315,280
GSN Great Southern 0.021 5% -9% 0% $15,532,190
RED Red 5 Limited 0.46 7% 12% 15% $1,541,391,244
DEG De Grey Mining 1.2225 -2% -7% -1% $2,307,659,866
THR Thor Energy PLC 0.017 -6% -23% -1% $3,120,416
CDR Codrus Minerals Ltd 0.043 2% 8% -1% $4,836,828
MDI Middle Island Res 0.015 -12% -12% 0% $3,485,664
WTM Waratah Minerals Ltd 0.105 -13% 40% -2% $19,730,095
POL Polymetals Resources 0.27 -4% 4% -4% $42,556,808
RDS Redstone Resources 0.003 -25% -25% 0% $3,238,825
NAG Nagambie Resources 0.011 -12% -21% -2% $9,559,628
BGL Bellevue Gold Ltd 1.7575 1% -11% 8% $2,007,367,856
GBR Greatbould Resources 0.064 7% 3% 0% $36,633,052
KAI Kairos Minerals Ltd 0.012 9% -8% 0% $28,830,034
KAU Kaiser Reef 0.145 7% -3% -3% $23,090,926
HRZ Horizon 0.04 8% 5% 0% $26,637,380
CAI Calidus Resources 0.13 -4% 0% -9% $98,973,381
CDT Castle Minerals 0.006 0% 0% 0% $7,346,958
RSG Resolute Mining 0.4575 5% -4% 1% $904,846,256
MXR Maximus Resources 0.03 -3% -4% 0% $10,270,265
EVN Evolution Mining Ltd 3.845 -3% -3% -12% $7,526,476,703
CXU Cauldron Energy Ltd 0.041 3% -5% 2% $48,646,025
DLI Delta Lithium 0.315 2% 13% -16% $235,424,357
ALY Alchemy Resource Ltd 0.007 0% 0% 0% $8,246,534
HXG Hexagon Energy 0.02 0% -13% 1% $10,771,234
OBM Ora Banda Mining Ltd 0.3075 -7% -1% 7% $574,897,031
SLR Silver Lake Resource 1.505 6% 14% 32% $1,374,074,170
AVW Avira Resources Ltd 0.0015 0% 50% 0% $2,663,790
LCY Legacy Iron Ore 0.016 -6% 7% 0% $123,416,772
PDI Predictive Disc Ltd 0.2 3% -18% -1% $467,880,397
MAT Matsa Resources 0.031 0% -18% 1% $16,514,254
ZAG Zuleika Gold Ltd 0.018 -10% 6% 0% $13,985,625
GML Gateway Mining 0.015 -6% -32% -1% $5,181,891
SBM St Barbara Limited 0.275 6% 20% 7% $196,312,891
SBR Sabre Resources 0.019 0% -5% -1% $7,110,977
STK Strickland Metals 0.105 0% -13% 1% $169,796,781
ION Iondrive Limited 0.011 38% 22% 0% $3,403,997
CEL Challenger Gold Ltd 0.071 -1% -24% 0% $95,331,346
LRL Labyrinth Resources 0.006 20% 0% 0% $7,125,262
NST Northern Star 14.65 1% -4% 100% $16,667,565,024
OZM Ozaurum Resources 0.065 18% 55% -9% $9,683,750
TG1 Techgen Metals Ltd 0.041 46% 28% -4% $4,612,772
XAM Xanadu Mines Ltd 0.067 -3% -7% 1% $113,256,397
AQI Alicanto Min Ltd 0.02 -13% -20% -2% $12,311,736
KTA Krakatoa Resources 0.017 0% 113% -2% $8,025,823
ARN Aldoro Resources 0.065 -3% -13% -6% $8,750,543
WGX Westgold Resources. 2.23 1% 2% 5% $1,027,761,324
MBK Metal Bank Ltd 0.021 0% -5% -1% $7,809,186
A8G Australasian Metals 0.078 -5% 22% -9% $4,169,640
TAR Taruga Minerals 0.008 0% 33% 0% $6,354,241
DTR Dateline Resources 0.01 -9% -23% 0% $15,980,636
GOR Gold Road Res Ltd 1.62 1% -7% -35% $1,679,184,073
S2R S2 Resources 0.115 -4% -21% -5% $54,342,959
NES Nelson Resources. 0.003 0% 0% 0% $1,840,783
TLM Talisman Mining 0.275 0% 10% 4% $52,729,698
BEZ Besragoldinc 0.096 -3% -13% -5% $38,047,182
PRU Perseus Mining Ltd 2.315 4% -1% 47% $3,159,719,795
SPQ Superior Resources 0.0085 -15% -29% 0% $18,010,984
PUR Pursuit Minerals 0.004 -20% -11% 0% $11,775,886
RMS Ramelius Resources 2.005 2% 1% 32% $2,274,187,307
PKO Peako Limited 0.005 0% 0% 0% $2,635,424
ICG Inca Minerals Ltd 0.007 40% 40% 0% $5,633,172
A1G African Gold Ltd. 0.028 0% -14% 0% $4,543,665
OAU Ora Gold Limited 0.005 0% -17% 0% $29,030,004
GNM Great Northern 0.0105 5% -13% -1% $1,700,920
KRM Kingsrose Mining Ltd 0.038 9% 9% 0% $28,596,008
BTR Brightstar Resources 0.017 6% -11% 0% $49,403,583
RRL Regis Resources 2.11 1% 1% -7% $1,586,211,497
M24 Mamba Exploration 0.023 5% -15% -3% $4,049,810
TRM Truscott Mining Corp 0.063 -10% 9% 1% $10,922,125
TNC True North Copper 0.067 -15% -36% -4% $29,396,959
MOM Moab Minerals Ltd 0.005 0% -17% 0% $3,559,815
KNB Koonenberrygold 0.016 14% -11% -2% $5,180,175
AWJ Auric Mining 0.19 12% -10% 7% $25,254,073
AZS Azure Minerals 3.69 0% 7% -1% $1,692,527,632
ENR Encounter Resources 0.39 0% 50% 10% $164,241,990
SNG Siren Gold 0.076 23% 31% 1% $14,680,769
STN Saturn Metals 0.255 6% 31% 9% $53,760,594
USL Unico Silver Limited 0.15 0% -14% 3% $47,848,255
PNM Pacific Nickel Mines 0.026 -19% -26% -6% $10,456,328
AYM Australia United Min 0.003 0% -25% 0% $5,527,732
ANL Amani Gold Ltd 0.001 0% 0% 0% $25,143,441
HAV Havilah Resources 0.215 0% -9% 2% $63,327,842
SPR Spartan Resources 0.61 6% 4% 9% $629,408,530
PNT Panthermetalsltd 0.039 0% 18% -2% $3,399,480
MEK Meeka Metals Limited 0.036 9% -3% 0% $45,684,230
GMD Genesis Minerals 1.81 6% -7% 2% $1,985,822,005
PGO Pacgold 0.16 0% -14% -3% $12,201,089
FEG Far East Gold 0.125 -7% -24% 0% $32,198,354
MI6 Minerals260Limited 0.145 -6% -6% -18% $32,760,000
IGO IGO Limited 7.95 2% 4% -110% $6,012,706,435
GAL Galileo Mining Ltd 0.27 0% 8% -2% $53,358,730
RXL Rox Resources 0.175 0% -22% -1% $59,096,682
KIN KIN Min NL 0.065 -3% -17% 0% $71,867,183
CLZ Classic Min Ltd 0.0075 7% -32% -4% $2,170,241
TGM Theta Gold Mines Ltd 0.16 7% 3% 5% $113,846,374
FAL Falconmetalsltd 0.155 15% 29% 1% $26,550,000
SXG Southern Cross Gold 3.23 39% 64% 197% $260,087,686
SPD Southernpalladium 0.5 0% 23% 13% $21,539,164
ORN Orion Minerals Ltd 0.02 5% 33% 1% $121,057,150
TMB Tambourahmetals 0.069 1% -5% -5% $5,474,063
TMS Tennant Minerals Ltd 0.022 0% -19% -1% $21,029,589
AZY Antipa Minerals Ltd 0.012 9% -8% -1% $49,617,695
PXX Polarx Limited 0.013 0% -7% 1% $26,643,769
TRE Toubani Res Ltd 0.135 13% 13% -1% $19,243,189
AUN Aurumin 0.043 5% 0% 2% $18,550,899
GPR Geopacific Resources 0.021 -9% -16% 0% $17,256,065
FXG Felix Gold Limited 0.07 -11% 25% 2% $15,748,349
ILT Iltani Resources Lim 0.195 3% 8% 4% $5,781,786
ARD Argent Minerals 0.02 33% 25% 1% $24,596,199
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Notable weekly gainers

Iceni Gold (ASX:ICL) +207%

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Anax Metals (ASX:ANX) +59%

First Au (ASX:FAU) +50%

TechGen Metals (ASX:TG1) +46%

Southern Cross Gold (ASX:SXG) 39%

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