Gold is performing well this week, up more than 1% to $US1,802/oz ($A2,513/oz) as the US dollar pulls back off recent highs.

“The Fed delivered but didn’t surpass expectations which seems to be leading to some profit-taking in the greenback,” OANDA senior analyst Craig Erlam says.

The Fed said on Wednesday it would end its pandemic-era bond purchases in March, paving the way for three interest rate hikes by the end of 2022.

“Add in the over-delivery from the BoE [Bank of England] and the ECB [European Central Bank] committing to end PEPP [pandemic emergency purchase program] and the dollar is under a little pressure, which is typically good for the yellow metal,” he says.

Whether it can continue to push higher is another thing, Erlam says.

“Higher rates, a strong dollar, and central banks addressing inflation concerns should be bearish for gold, despite today’s moves.”

Despite weak investor sentiment the gold price has been remarkably steady, trading in a narrow ~$US150/oz range in the back half of the year.

USD (dark) and AUD (light) gold prices over the past 12 months. Sources: FastMarkets, ICE Benchmark Administration, Thomson Reuters, World Gold Council

Winners & Losers

Here’s how ASX-listed gold & silver stocks are performing:

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

CODE COMPANY 1 WEEK RETURN % 1 MONTH RETURN % 6 MONTH RETURN % 1 YEAR RETURN % PRICE MARKET CAP
ANL Amani Gold Ltd 50 -25 50 0 0.0015 $ 43,751,128.21
SPQ Superior Resources 47 5 69 38 0.022 $ 37,281,181.70
GMR Golden Rim Resources 28 15 -15 -23 0.115 $ 24,596,467.80
SBR Sabre Resources 25 -17 0 -44 0.005 $ 8,639,068.25
MXR Maximus Resources 25 0 -4 -52 0.07 $ 22,250,762.24
PGD Peregrine Gold 24 9 16 0.445 $ 14,951,463.78
REZ Resourc & En Grp Ltd 23 5 71 26 0.058 $ 28,988,735.76
ENR Encounter Resources 23 3 1 4 0.16 $ 50,690,692.16
ALK Alkane Resources Ltd 20 -1 -12 -5 0.93 $ 464,555,067.60
GNM Great Northern 17 -13 -42 -42 0.007 $ 10,563,356.83
PNX PNX Metals Limited 17 8 -22 0 0.007 $ 25,565,354.58
KNB Koonenberrygold 16 26 0.18 $ 13,340,921.04
WWI West Wits Mining Ltd 16 -6 -58 -34 0.036 $ 51,888,197.63
M2R Miramar 16 13 16 -31 0.22 $ 10,959,304.40
POL Polymetals Resources 14 14 0.16 $ 6,305,498.88
MAT Matsa Resources 14 0 -25 -49 0.058 $ 20,772,967.96
MM8 Medallion Metals. 13 8 -28 0.215 $ 22,713,657.59
KCN Kingsgate Consolid. 13 38 115 139 1.915 $ 406,123,031.26
TSC Twenty Seven Co. Ltd 13 -10 13 -25 0.0045 $ 13,304,069.53
PNM Pacific Nickel Mines 12 -19 93 47 0.085 $ 20,827,026.32
KZR Kalamazoo Resources 12 -1 -10 -25 0.38 $ 54,993,952.09
GUL Gullewa Limited 12 0 1 -30 0.077 $ 14,658,728.70
SI6 SI6 Metals Limited 11 -9 -9 -58 0.01 $ 12,853,295.87
CTO Citigold Corp Ltd 11 -9 -9 -23 0.01 $ 25,502,931.82
MCT Metalicity Limited 11 11 -17 -44 0.01 $ 21,437,715.32
BDC Bardoc Gold Ltd 11 3 0 -3 0.42 $ 118,677,488.08
SBM St Barbara Limited 10 -6 -18 -39 1.5075 $ 1,014,623,680.07
DCX Discovex Res Ltd 10 10 -8 -21 0.0055 $ 11,558,988.34
BGL Bellevue Gold Ltd 9 -13 4 -36 0.87 $ 861,136,903.64
SLZ Sultan Resources Ltd 9 3 -26 -20 0.175 $ 11,473,174.19
AGC AGC Ltd 9 -11 -32 0.098 $ 6,501,819.26
AGC AGC Ltd 9 -11 -32 0.098 $ 6,501,819.26
IDA Indiana Resources 9 -6 -16 2 0.062 $ 26,966,711.52
CMM Capricorn Metals 9 6 63 90 3.16 $ 1,184,977,385.60
TAR Taruga Minerals 9 -22 -34 -5 0.038 $ 19,458,280.23
RRL Regis Resources 9 -9 -26 -47 1.9325 $ 1,392,562,269.81
MAU Magnetic Resources 8 0 1 27 1.52 $ 341,001,084.88
A8G Australasian Metals 8 -29 185 0.485 $ 19,781,099.47
OAU Ora Gold Limited 8 -18 -33 -33 0.014 $ 13,754,237.97
GSR Greenstone Resources 7 12 38 32 0.029 $ 23,405,281.98
AMI Aurelia Metals Ltd 7 7 10 1 0.435 $ 519,563,711.94
ICG Inca Minerals Ltd 7 -16 -9 98 0.105 $ 48,094,491.70
WGX Westgold Resources. 7 -8 -6 -24 1.995 $ 816,952,638.72
BMR Ballymore Resources 7 7 0 0 0.235 $ 17,267,349.04
TRM Truscott Mining Corp 7 -14 28 78 0.032 $ 4,862,129.41
MTH Mithril Resources 7 -11 -11 -6 0.016 $ 41,283,728.66
LM8 Lunnonmetalslimited 7 10 -6 0.4 $ 29,874,060.84
GOR Gold Road Res Ltd 6 -7 4 21 1.53 $ 1,305,234,670.64
PNR Pantoro Limited 6 8 51 48 0.34 $ 472,182,063.83
WCN White Cliff Min Ltd 6 31 21 -45 0.017 $ 9,491,142.38
SLR Silver Lake Resource 6 -9 -2 -9 1.6875 $ 1,434,453,615.90
LRL Labyrinth Resources 6 -25 -25 57 0.036 $ 29,565,080.77
PRX Prodigy Gold NL 6 3 -22 -22 0.036 $ 19,226,711.00
RMS Ramelius Resources 6 -13 -14 -9 1.5425 $ 1,285,844,030.46
PF1 Pathfinder Resources 5 5 -6 28 0.295 $ 15,670,697.95
SMS Starmineralslimited 5 11 0.2 $ 5,512,500.00
CST Castile Resources 5 -7 -5 -21 0.205 $ 38,943,473.60
BCN Beacon Minerals 5 -3 -9 -2 0.032 $ 114,920,479.74
MKR Manuka Resources. 5 -16 -7 -18 0.33 $ 31,462,229.53
DEG De Grey Mining 5 -8 -13 16 1.1575 $ 1,525,969,524.63
AWJ Auric Mining 5 -4 -28 0.115 $ 6,167,629.27
BTR Brightstar Resources 5 -15 39 -16 0.046 $ 25,155,599.97
AUC Ausgold Limited 5 -6 -2 5 0.046 $ 75,880,303.43
GWR GWR Group Ltd 5 0 -57 -61 0.115 $ 36,334,373.16
NML Navarre Minerals Ltd 4 -18 -27 -59 0.073 $ 98,256,394.94
RSG Resolute Mining 4 -14 -33 -54 0.37 $ 391,895,689.60
FML Focus Minerals Ltd 4 -5 -7 -20 0.26 $ 49,342,112.55
PRU Perseus Mining Ltd 4 -12 15 32 1.595 $ 1,865,221,746.40
HRN Horizon Gold Ltd 4 11 -11 -15 0.4 $ 40,009,506.00
KAI Kairos Minerals Ltd 4 -13 -23 -27 0.027 $ 43,928,368.20
GBR Greatbould Resources 4 0 48 221 0.135 $ 47,333,744.69
STN Saturn Metals 4 -18 -10 -35 0.42 $ 53,367,654.48
PUR Pursuit Minerals 4 -22 -62 38 0.029 $ 27,173,403.56
VAN Vango Mining Ltd 4 -3 -14 -11 0.059 $ 74,336,320.29
XAM Xanadu Mines Ltd 3 15 -25 -21 0.03 $ 36,512,094.75
SFR Sandfire Resources 3 3 -2 29 6.33 $ 2,574,686,288.04
SMI Santana Minerals Ltd 3 15 182 88 0.31 $ 41,117,559.28
TRN Torrens Mining 3 10 -40 0.165 $ 11,494,714.77
MEI Meteoric Resources 3 -8 -68 -75 0.0165 $ 24,420,757.94
KSN Kingston Resources 3 -31 -23 -40 0.165 $ 58,856,251.91
G88 Golden Mile Res Ltd 3 1 -13 1 0.0505 $ 8,550,916.40
ADN Andromeda Metals Ltd 3 0 -26 -33 0.17 $ 422,233,597.82
AL8 Alderan Resource Ltd 3 -8 -33 -65 0.035 $ 14,894,812.80
AAU Antilles Gold Ltd 3 -9 1 25 0.07 $ 20,672,337.35
MGV Musgrave Minerals 3 -9 -10 -4 0.355 $ 188,010,532.15
A1G African Gold Ltd. 3 -14 -19 -4 0.185 $ 21,403,859.04
RED Red 5 Limited 3 -3 54 12 0.2775 $ 624,435,572.78
KLA Kirkland Lake Gold 3 -8 1 3 56.21 $ 54,370,000.00
AM7 Arcadia Minerals 3 -20 0.195 $ 7,182,000.00
CAI Calidus Resources 3 -8 23 15 0.59 $ 236,058,024.73
KRM Kingsrose Mining Ltd 3 1 36 129 0.08 $ 58,972,434.92
AOP Apollo Consolidated 3 -7 122 103 0.61 $ 177,888,559.90
BGD Bartongoldholdings 3 0 0.205 $ 17,167,999.20
CAZ Cazaly Resources 2 -2 -20 -10 0.044 $ 15,891,220.48
NST Northern Star 2 -10 -14 -23 9.44 $ 10,423,270,231.05
HMX Hammer Metals Ltd 2 -10 -55 31 0.047 $ 38,234,247.28
NMR Native Mineral Res 2 7 -11 -51 0.235 $ 9,730,060.09
WRM White Rock Min Ltd 2 -25 -60 -54 0.24 $ 35,682,581.89
BYH Bryah Resources Ltd 2 -12 -28 -24 0.05 $ 11,988,980.28
TMZ Thomson Res Ltd 2 -13 -55 -36 0.061 $ 33,712,622.10
WAF West African Res Ltd 2 -4 46 33 1.33 $ 1,321,902,129.28
BNZ Benzmining 2 -3 -22 0.67 $ 33,377,265.95
AUT Auteco Minerals 1 -10 -25 -28 0.07 $ 119,860,704.46
SVL Silver Mines Limited 1 -14 -31 -4 0.2025 $ 258,366,428.60
AZL Arizona Lithium Ltd 1 -23 218 889 0.089 $ 172,967,613.10
SKY SKY Metals Ltd 1 18 -20 -47 0.1 $ 37,301,563.53
NCM Newcrest Mining 1 -6 -13 -12 23.8 $ 18,649,446,298.80
EVN Evolution Mining Ltd 1 -4 -19 -19 3.97 $ 6,928,769,041.74
AGG AngloGold Ashanti 0 -3 2 -6 5.53 $ 469,232,843.90
DEX Duke Exploration 0 -10 -54 -55 0.185 $ 14,884,840.08
PKO Peako Limited 0 -9 -45 -19 0.021 $ 6,169,082.02
TLM Talisman Mining 0 10 -20 65 0.16 $ 29,568,970.78
DTR Dateline Resources 0 -8 -18 60 0.08 $ 34,158,676.89
CHZ Chesser Resources 0 -24 -27 -50 0.11 $ 51,687,351.54
OZM Ozaurum Resources 0 -10 -7 0.13 $ 7,438,080.00
ZAG Zuleika Gold Ltd 0 -5 -47 -64 0.019 $ 7,791,774.09
AVW Avira Resources Ltd 0 -29 -17 -29 0.005 $ 8,593,950.00
ALY Alchemy Resource Ltd 0 -8 -20 -25 0.011 $ 10,475,793.79
AXE Archer Materials 0 -23 50 119 1.14 $ 276,037,435.81
CDT Castle Minerals 0 -11 71 167 0.024 $ 21,983,616.28
NAG Nagambie Resources 0 -18 -6 65 0.066 $ 32,995,534.84
THR Thor Mining PLC 0 -7 -26 -13 0.014 $ 8,949,323.39
GSN Great Southern 0 -10 33 -12 0.061 $ 30,847,725.62
BMO Bastion Minerals 0 -12 16 0.22 $ 15,824,437.20
CBY Canterbury Resources 0 -25 -14 -13 0.083 $ 10,225,477.99
RVR Red River Resources 0 -12 -12 -29 0.18 $ 93,323,607.84
SVY Stavely Minerals Ltd 0 -7 -1 -41 0.5 $ 130,480,726.00
EMU EMU NL 0 -19 -22 -48 0.021 $ 10,996,289.68
TCG Turaco Gold Limited 0 -4 8 117 0.13 $ 51,159,333.72
CLA Celsius Resource Ltd 0 -32 -44 -56 0.019 $ 17,917,627.38
ARV Artemis Resources 0 -17 23 -42 0.075 $ 84,084,842.62
HMG Hamelingoldlimited 0 -26 0.14 $ 15,950,000.00
HMG Hamelingoldlimited 0 -26 0.14 $ 15,950,000.00
MEG Megado 0 -3 -23 -54 0.092 $ 3,960,489.42
GMN Gold Mountain Ltd 0 -21 -53 -61 0.015 $ 14,982,088.38
RML Resolution Minerals 0 -16 -36 -62 0.016 $ 10,501,865.58
DCN Dacian Gold Ltd 0 -33 -41 -55 0.165 $ 173,612,330.08
MEU Marmota Limited 0 -2 0 -4 0.043 $ 42,143,496.59
TTM Titan Minerals 0 0 -5 -17 0.1 $ 136,348,722.80
XTC Xantippe Res Ltd 0 0 150 150 0.005 $ 25,478,527.51
RMX Red Mount Min Ltd 0 -18 -18 -31 0.009 $ 13,180,124.72
VKA Viking Mines Ltd 0 -14 -33 -42 0.018 $ 17,429,393.33
ADV Ardiden Ltd 0 -15 22 -27 0.011 $ 23,851,688.92
G50 Gold50Limited 0 2 0.26 $ 13,082,680.26
LNY Laneway Res Ltd 0 9 33 -14 0.006 $ 23,424,395.60
CGN Crater Gold Min Ltd 0 0 0 -6 0.017 $ 20,867,429.74
KGM Kalnorth Gold Ltd 0 0 0 0 0.013 $ 11,625,120.78
TRY Troy Resources Ltd 0 0 -3 -56 0.037 $ 30,073,993.35
AME Alto Metals Limited 0 -5 15 15 0.105 $ 51,094,326.20
AWV Anova Metals Ltd 0 -18 -18 -28 0.018 $ 25,795,695.60
SIH Sihayo Gold Limited 0 0 -27 -60 0.008 $ 25,798,229.89
SRN Surefire Rescs NL 0 5 -32 -62 0.0115 $ 12,699,569.70
MOH Moho Resources 0 -2 -14 -37 0.06 $ 7,294,973.32
IPT Impact Minerals 0 -19 -13 -35 0.013 $ 27,321,231.41
FAU First Au Ltd 0 -9 -33 -44 0.01 $ 7,839,109.49
TMX Terrain Minerals 0 -11 -27 -38 0.008 $ 5,886,088.07
AQX Alice Queen Ltd 0 11 -33 -63 0.01 $ 13,702,230.10
MML Medusa Mining Ltd -1 -13 -20 -9 0.705 $ 142,450,066.19
MVL Marvel Gold Limited -1 -16 17 24 0.0645 $ 37,857,166.12
EMR Emerald Res NL -1 4 11 61 1.07 $ 567,025,476.89
MDI Middle Island Res -1 2 -21 -63 0.095 $ 12,241,822.20
AZS Azure Minerals -1 -14 32 -51 0.35 $ 105,650,145.14
STK Strickland Metals -2 -6 42 87 0.064 $ 80,099,692.35
BRB Breaker Res NL -2 -19 88 63 0.31 $ 96,123,074.06
MTC Metalstech Ltd -2 -6 44 83 0.29 $ 47,499,408.15
DGO DGO Gold Limited -2 -9 -17 -7 2.7 $ 221,664,777.18
TBR Tribune Res Ltd -2 -4 -3 -20 4.81 $ 251,846,769.60
KTA Krakatoa Resources -2 -11 -6 -29 0.051 $ 13,851,366.10
WMC Wiluna Mining Corp -2 -7 6 -34 1.01 $ 194,080,519.73
ARL Ardea Resources Ltd -2 3 -10 22 0.48 $ 66,638,505.12
BEZ Besragoldinc -2 -27 0.11 $ 18,903,495.60
AAR Anglo Australian -2 -6 6 -30 0.088 $ 52,463,773.03
TIE Tietto Minerals -2 -10 26 6 0.415 $ 248,994,499.32
TSO Tesoro Resources Ltd -3 -7 -46 -71 0.078 $ 42,694,764.19
YRL Yandal Resources -3 -16 -21 1 0.38 $ 39,249,491.30
MRZ Mont Royal Resources -3 6 32 23 0.37 $ 20,417,582.85
LYN Lycaonresources -3 70 0.34 $ 9,450,000.00
FG1 Flynngold -3 6 -15 0.17 $ 10,784,128.50
IVR Investigator Res Ltd -3 -19 -34 19 0.064 $ 84,988,582.85
BBX BBX Minerals Ltd -3 0 -38 -39 0.155 $ 70,993,328.63
CYL Catalyst Metals -3 -1 7 -16 2.08 $ 202,818,789.38
FFX Firefinch Ltd -3 7 46 421 0.73 $ 723,952,139.94
RND Rand Mining Ltd -3 -4 0 -19 1.45 $ 82,470,143.45
CEL Challenger Exp Ltd -4 -21 4 32 0.27 $ 264,173,514.75
SAU Southern Gold -4 -17 -28 -46 0.054 $ 11,519,752.82
CXU Cauldron Energy Ltd -4 -14 -34 -29 0.025 $ 12,282,340.75
VRC Volt Resources Ltd -4 -4 -29 127 0.025 $ 69,583,206.03
GTR Gti Resources -4 -17 17 23 0.025 $ 28,219,530.70
PDI Predictive Disc Ltd -4 -2 161 314 0.24 $ 313,980,500.76
HRZ Horizon -4 -11 -8 20 0.12 $ 65,317,148.00
GBZ GBM Rsources Ltd -4 0 -8 -8 0.12 $ 58,743,070.31
KCC Kincora Copper -4 -17 -64 0.12 $ 9,158,639.88
LCL Los Cerros Limited -4 -20 -31 25 0.12 $ 70,038,799.05
RXL Rox Resources -4 -11 -20 -54 0.35 $ 55,162,664.90
SFM Santa Fe Minerals -4 29 29 22 0.115 $ 8,374,160.74
OBM Ora Banda Mining Ltd -4 -19 -59 -77 0.065 $ 60,401,919.31
ZNC Zenith Minerals Ltd -4 -7 -10 72 0.215 $ 67,998,872.55
TAM Tanami Gold NL -5 -15 -13 -18 0.061 $ 72,856,016.85
TNR Torian Resources Ltd -5 -20 -35 -29 0.02 $ 21,800,841.86
SSR SSR Mining Inc. -5 -10 6 -2 24.02 $ 476,717,672.90
E2M E2 Metals -5 21 -3 -53 0.285 $ 42,131,939.64
M24 Mamba Exploration -5 -14 -14 0.19 $ 7,471,750.57
S2R S2 Resources -5 -10 29 50 0.18 $ 60,583,725.35
KAU Kaiser Reef -5 -18 -36 -56 0.18 $ 22,035,728.52
AAJ Aruma Resources Ltd -5 -15 8 -33 0.07 $ 8,817,305.21
VMC Venus Metals Cor Ltd -6 -19 -13 -19 0.17 $ 24,927,982.70
PAK Pacific American Hld -6 -11 7 -9 0.017 $ 8,123,915.83
NES Nelson Resources. -6 -19 -44 -56 0.03 $ 5,828,765.85
BC8 Black Cat Syndicate -6 -20 -23 -22 0.51 $ 70,403,905.50
NSM Northstaw -6 -9 -3 -38 0.29 $ 11,636,830.00
CHN Chalice Mining Ltd -6 -17 8 129 8.57 $ 2,974,677,712.12
GML Gateway Mining -7 -13 -33 -52 0.014 $ 35,848,642.74
PUA Peak Minerals Ltd -7 -18 -26 -53 0.014 $ 14,579,170.48
NXM Nexus Minerals Ltd -7 3 594 327 0.555 $ 162,695,150.74
GSM Golden State Mining -7 -21 -54 -55 0.081 $ 7,228,654.70
RDS Redstone Resources -7 -24 -13 18 0.013 $ 9,346,987.82
MHC Manhattan Corp Ltd -7 30 8 -55 0.013 $ 19,841,623.01
ADT Adriatic Metals -7 -13 -9 18 2.48 $ 497,206,205.76
EM2 Eagle Mountain -7 -26 -49 60 0.495 $ 115,949,304.92
OKR Okapi Resources -8 -24 83 74 0.365 $ 40,547,429.64
DLC Delecta Limited -8 -29 71 100 0.012 $ 14,458,904.46
BAT Battery Minerals Ltd -8 -20 -37 -40 0.012 $ 29,448,568.79
KWR Kingwest Resources -8 16 109 9 0.18 $ 46,143,499.75
CY5 Cygnus Gold Limited -8 6 33 3 0.18 $ 19,789,353.37
CWX Carawine Resources -8 -12 -23 -23 0.18 $ 25,180,742.76
GED Golden Deeps -8 -8 -8 0 0.012 $ 8,534,365.84
ICL Iceni Gold -8 -21 -19 0.1775 $ 22,144,011.26
RDT Red Dirt Metals Ltd -8 -14 281 97 0.59 $ 149,687,124.60
DTM Dart Mining NL -8 -22 -41 -52 0.082 $ 10,208,256.26
MRR Minrex Resources Ltd -8 59 67 75 0.035 $ 20,453,546.93
AQI Alicanto Min Ltd -8 -21 -8 0 0.115 $ 45,925,634.04
CPM Coopermetalslimited -8 0.17 $ 4,593,400.00
ASO Aston Minerals Ltd -8 -8 -39 197 0.11 $ 109,732,704.34
QML Qmines Limited -8 -13 -7 0.325 $ 17,656,698.80
NAE New Age Exploration -9 -9 -23 -17 0.01 $ 14,358,989.10
TBA Tombola Gold Ltd -9 -15 -33 -37 0.029 $ 21,771,730.50
MZZ Matador Mining Ltd -9 -13 -29 6 0.335 $ 72,349,614.00
KAL Kalgoorliegoldmining -10 -33 0.135 $ 10,140,844.00
DRE Drednought Resources -10 -22 33 64 0.036 $ 99,301,424.29
CDR Codrus Minerals Ltd -10 -21 0.13 $ 5,600,000.00
MKG Mako Gold -10 2 19 2 0.1075 $ 40,135,368.21
RGL Riversgold -11 -23 -61 -62 0.017 $ 7,272,759.53
ARN Aldoro Resources -11 -25 19 181 0.38 $ 33,986,663.82
HAW Hawthorn Resources -11 -13 71 -38 0.084 $ 27,348,280.27
SNG Siren Gold -11 -25 4 -60 0.29 $ 24,486,241.66
HCH Hot Chili Ltd -11 -20 -6 -8 1.79 $ 153,211,537.50
TG1 Techgen Metals Ltd -11 -37 -28 0.155 $ 6,966,746.56
LCY Legacy Iron Ore -12 -32 53 -53 0.023 $ 140,904,247.37
AYM Australia United Min -13 -30 0 -13 0.007 $ 12,898,042.40
BRV Big River Gold Ltd -13 -13 -48 -49 0.21 $ 51,568,976.22
RDN Raiden Resources Ltd -13 -16 -25 -25 0.021 $ 27,506,546.08
DDD 3D Resources Limited -13 -13 -30 -15 0.0035 $ 13,581,302.32
BNR Bulletin Res Ltd -13 -15 1 -13 0.069 $ 19,429,030.39
HXG Hexagon Energy -13 -35 -20 13 0.068 $ 32,112,995.54
GRL Godolphin Resources -13 -7 -19 -47 0.13 $ 11,355,021.59
LEX Lefroy Exploration -13 -24 -76 45 0.29 $ 43,357,400.40
ANX Anax Metals Ltd -14 -18 3 74 0.082 $ 30,656,601.98
MBK Metal Bank Ltd -14 -29 -30 -43 0.006 $ 18,254,727.12
PRS Prospech Limited -15 -16 -58 -71 0.063 $ 4,106,403.32
NWM Norwest Minerals -15 -8 -18 -18 0.068 $ 12,642,509.25
GIB Gibb River Diamonds -16 -11 9 -54 0.083 $ 16,920,755.60
OKU Oklo Resources Ltd -17 -19 4 -43 0.125 $ 63,003,726.50
ERM Emmerson Resources -17 58 87 64 0.125 $ 67,262,196.02
NVA Nova Minerals Ltd -17 -25 -28 -28 1.085 $ 192,816,444.95
AGS Alliance Resources -22 -9 0 -12 0.145 $ 30,162,484.43
MLS Metals Australia -25 -25 -25 0 0.0015 $ 10,477,114.72
NPM Newpeak Metals -33 -33 -50 -67 0.001 $ 11,137,027.65

 

Weekly SMALL CAP STANDOUTS

AMANI GOLD (ASX:ANL)

How many $40m MC stocks have a +4Moz and growing gold deposit? Not many.

ANL has launched a 3,500m drilling program to grow the 4.1Moz Kebigada gold deposit, part of the ‘Giro’ project in the Democratic Republic of Congo.

This drill program, the first drilling at Kebigada since 2019, will be completed early 2022.

The $43m market cap stock recently raised $7m in a private placement to develop and commercialise the deposit.

 

MAXIMUS RESOURCES (ASX:MXR)

Drilling designed to test the depth extent of the ‘Redback’ gold deposit demonstrates strong potential for high grade gold from surface to +500m vertical depth, MXR says.

Redback is ~600 metres south-southeast of the Ramelius Resources’ (ASX:RMS) company maker ‘Wattle Dam’.

Wattle Dam was one of Australia’s highest-grade gold mines, producing ~286,000oz @ 10.1g/t gold until closure in about 2012.

MXR believes Redback could be Wattle Dam 2.0, and has kicked offphase 2 diamond drilling targeting infill and resource extensions.

 

GOLDEN RIM RESOURCES (ASX:GMR)

GMR last year acquired the Kada gold project in Guinea, where it is earning the right to own up to 75%.

The project hosts a non-JORC resource in its oxide profile to around 100m deep and sits just 36km south of AngloGold’s Siguiri mine.

Kada was previously drilled by Newmont, which sunk 33,857m worth of diamond and RC holes, but was considered too small a target for the world’s biggest gold miner.

That’s all good for $22m capped Golden Rim, which is undertaking a 6500m resource definition RC drilling campaign with the intention of delivering a maiden resource in January next year.

Early results are excellent, with the company unveiled a 62m at 1.3g/t oxide (shallow) gold intercept just this week.

GMR are consistently seeing broad intervals of gold mineralisation within the oxide and transitional zones, MD Craig Mackay says.

“The new oxide gold result of 62m @ 1.3 g/t gold in KRC020R is the widest oxide gold intersection Golden Rim has obtained at Kada so far,” he says.

“The new gold intersections have filled multiple gaps in the previous drilling and will likely add significant ounces to our maiden Mineral Resource estimate, due in January 2022.”

“The resource definition drilling will continue for another 5,500m proximal to the Newmont gold resource area, infilling large gaps in the data and extending our drilling coverage north and south, before we embark on the much-anticipated exploration drilling to test areas of anomalous bedrock gold along the 15km-long Kada gold corridor.”

 

RESOURCES AND ENERGY GROUP (ASX:REZ)

This fledgling gold miner completed the milestone maiden gold pour at ‘Granny Venn’ in late October after it restarted the first mining activity at the site in 23 years.

The cash will come in handy. REZ has now taken advantage of rig availability “which has emerged for a short program prior to the Christmas shutdown” to punch some holes into the ‘Springfield’ (nickel) and ‘Gigante Grande’ (gold) prospects in WA.

“Due to its structural heterogeneity, the Gigante Grande prospect has the potential to be a very big system,” REZ said October 31.

“The Company has secured additional prospecting licences north and south of the original discovery.

“This unlocks a further 4.6km strike length of prospective ground along the Moriarty Shear zone and its contact with the Gigante Granite for exploration, bringing total strike to just over 8km.”

 

ALKANE RESOURCES (ASX:ALK)

The gold miner announced two drill hits containing more than 900m of low-grade gold and copper mineralisation at its ‘Boda’ and ‘Kaiser’ prospects.

That’s right, 900m.

The porphyry copper-gold project is located near Alkane’s Tomingley gold mine and now stretches to a strike length of around 3km.

There’s more where that came from with drilling also taking place at Boda Two, Boda Three, the area between Boda and Kaiser (Korridor Prospect) and other regional targets within the Northern Molong Porphyry Project in New South Wales.

The ~$500 million company is targeting a maiden resource estimate at Boda in the March quarter.