The gold price softened slightly over the past week from $1739/oz ($2531/oz) to $1731/oz ($2520/oz). That’s despite Federal Reserve Chairman Jerome Powell indicating, once again, his concerns regarding US economic recovery.

The major gold producers mirrored the move, led by Newcrest (ASX:NCM) -1 per cent, Northern Star (ASX:NST) -7 per cent, Evolution Mining (ASX:EVN) -4 per cent, and Saracen (ASX:SAR) -5 per cent.

Still, $1800/oz (and above) remains the target. Strong gold prices and economic/social uncertainty go hand-in-hand (and there’s plenty of that to go around).

USD (yellow) and AUD (orange) gold price performance.

Winners & Losers

Here’s how ASX-listed gold stocks performed for the period June 15–19 [intraday]:

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

CODE COMPANY NAME 1 WEEK RETURN 1 YEAR RETURN PRICE [INTRADAY FRI] MARKET CAP
MLS METALS AUSTRALIA 100 0 0.002 $ 6,414,705.50
RXL ROX RESOURCES 88 292 0.05 $ 82,009,528.00
DTM DART MINING 83 10 0.11 $ 7,057,502.00
TMX TERRAIN MINERALS 60 167 0.009 $ 4,338,966.00
SIH SIHAYO GOLD 50 85 0.025 $ 44,053,172.00
DTR DATELINE RESOURCES 33 0 0.002 $ 16,420,156.00
ALY ALCHEMY RESOURCES 31 99 0.021 $ 9,909,438.00
VMC VENUS METALS 29 84 0.22 $ 33,992,704.00
GNM GREAT NORTHERN MINERALS 25 -25 0.015 $ 8,665,045.00
BBX BBX MINERALS 21 -54 0.12 $ 45,907,588.00
MSR MANAS RESOUCES 20 100 0.006 $ 13,215,812.00
PUA PURE ALUMINA 20 -47 0.017 $ 6,375,623.50
TLM TALISMAN MINING 17 77 0.14 $ 27,061,116.00
GSM GOLDEN STATE MINING 16 355 0.375 $ 13,732,860.00
VAN VANGO MINING 15 -30 0.105 $ 81,459,552.00
ARV ARTEMIS RESOURCES 14 35 0.044 $ 40,318,960.00
LNY LANEWAY RESOURCES 13 -55 0.004 $ 16,740,297.00
RGL RIVERSGOLD 12 136 0.048 $ 14,387,694.00
MAT MATSA RESOURCES 12 12 0.145 $ 32,924,768.00
GWR GWR GROUP 10 -53 0.066 $ 15,027,077.00
A1G AFRICAN GOLD 10 -31 0.115 $ 6,100,500.00
RED RED 5 9 103 0.3275 $ 636,624,704.00
NVA NOVA MINERALS 7 205 0.058 $ 61,196,824.00
MTH MITHRIL RESOURCES 7 200 0.016 $ 24,969,460.00
NUS NUSANTARA RESOURCES 7 86 0.34 $ 67,846,176.00
FML FOCUS MINERALS 6 0 0.25 $ 42,945,912.00
CY5 CYGNUS GOLD 6 89 0.07 $ 5,323,584.50
BRB BREAKER RESOURCES 6 -16 0.27 $ 60,143,220.00
CDT CASTLE MINERALS 6 80 0.009 $ 2,455,343.75
HMX HAMMER METALS 6 31 0.036 $ 19,909,064.00
ARS ALT RESOURCES 5 142 0.045 $ 27,941,280.00
STN SATURN METALS 4 96 0.52 $ 42,083,840.00
TAM TANAMI GOLD 4 41 0.059 $ 69,330,728.00
NES NELSON RESOURCES 2 1 0.042 $ 2,429,801.00
CDV CARDINAL RESOURCES 2 50 0.6 $ 240,011,776.00
MAU MAGNETIC RESOURCES 2 199 1.165 $ 246,785,424.00
BC8 BLACK CAT SYNDICATE 2 142 0.62 $ 54,638,332.00
TTM TITAN MINERALS 2 -63 0.07 $ 62,544,260.00
AME ALTO METALS 1 177 0.072 $ 21,709,660.00
AAR ANGLO AUSTRALIAN RESOURCES 0 101 0.14 $ 60,357,200.00
SMI SANTANA MINERALS 0 -33 0.002 $ 5,367,891.00
CGN CRATER GOLD MINING 0 -17 0.01 $ 12,274,959.00
AAJ ARUMA RESOURCES 0 0 0.004 $ 3,285,655.50
PDI PREDICTIVE DISCOVERY 0 388 0.079 $ 64,263,128.00
AUC AUSGOLD 0 36 0.019 $ 21,017,792.00
BAR BARRA RESOURCES 0 -27 0.016 $ 10,140,768.00
WWI WEST WITS MINING 0 57 0.011 $ 10,081,263.00
SPX SPECTRUM METALS 0 900 0.19 $ 273,697,888.00
AVW AVIRA RESOURCES 0 -25 0.003 $ 3,375,000.00
LEX LEFROY EXPLORATION 0 0 0.2 $ 20,097,348.00
ERM EMMERSON RESOURCES 0 40 0.105 $ 44,609,656.00
DAU DAMPIER GOLD 0 3 0.03 $ 7,139,580.00
OKU OKLO RESOURCES 0 96 0.27 $ 127,524,552.00
GML GATEWAY MINING 0 18 0.013 $ 17,415,008.00
CTO CITIGOLD CORP 0 25 0.005 $ 13,005,866.00
HAW HAWTHORN RESOURCES 0 169 0.14 $ 53,362,500.00
OKR OKAPI RESOURCES 0 60 0.16 $ 5,766,858.50
SFM SANTA FE MINERALS 0 -39 0.06 $ 4,369,127.50
TAR TARUGA MINERALS 0 -25 0.017 $ 7,029,627.00
RMS RAMELIUS RESOURCES 0 161 1.745 $ 1,429,714,304.00
RND RAND MINING -1 -37 1.94 $ 120,296,952.00
CYL CATALYST METALS -1 38 2.65 $ 229,895,008.00
MML MEDUSA MINING -1 26 0.64 $ 137,144,240.00
NCM NEWCREST MINING -1 -1 29.91 $ 24,759,621,632.00
MLL MALI LITHIUM -1 -23 0.1 $ 31,417,464.00
MKG MAKO GOLD -1 -16 0.074 $ 8,363,275.00
MEU MARMOTA -2 269 0.059 $ 50,723,532.00
RRL REGIS RESOURCES -2 9 5.16 $ 2,637,456,640.00
ONX ORMINEX -2 -75 0.039 $ 21,564,086.00
BCN BEACON MINERALS -3 76 0.037 $ 105,904,456.00
CWX CARAWINE RESOURCES -3 79 0.17 $ 13,135,708.00
TBR TRIBUNE RESOURCES -3 38 6.4 $ 356,473,472.00
GBZ GBM RESOURCES -3 72 0.067 $ 14,908,776.00
AQI ALICANTO MINERALS -3 53 0.061 $ 15,201,271.00
AMG AUSMEX MINING GROUP -3 -71 0.031 $ 16,974,618.00
CMM CAPRICORN METALS -3 277 1.565 $ 522,882,368.00
BGL BELLEVUE GOLD -4 53 0.95 $ 646,901,376.00
E2M E2 METALS -4 -32 0.13 $ 15,941,770.00
HRN HORIZON GOLD -4 86 0.26 $ 19,897,960.00
EVN EVOLUTION MINING -4 31 5.24 $ 9,101,571,072.00
NXM NEXUS MINERALS -4 4 0.048 $ 5,675,547.00
CXU CAULDRON ENERGY -4 26 0.024 $ 9,030,956.00
SVL SILVER MINES -4 124 0.095 $ 96,896,448.00
EMR EMERALD RESOURCES -4 15 0.48 $ 246,959,136.00
PGI PANTERRA GOLD -4 171 0.046 $ 8,391,091.00
GOR GOLD ROAD RESOURCES -4 46 1.49 $ 1,284,382,080.00
TRY TROY RESOURCES -5 -6 0.086 $ 54,357,484.00
HRZ HORIZON MINERALS -5 -2 0.097 $ 45,297,520.00
TIE TIETTO MINERALS -5 189 0.4 $ 139,069,888.00
KCN KINGSGATE CONSOLIDATED -5 52 0.38 $ 87,096,984.00
SAR SARACEN MINERAL HOLDINGS -5 28 4.65 $ 5,095,820,800.00
SBM ST BARBARA -5 13 3.04 $ 2,130,376,704.00
MOH MOHO RESOURCES -5 23 0.07 $ 4,354,573.00
RSG RESOLUTE MINING -6 -9 1.065 $ 1,124,883,456.00
KTA KRAKATOA RESOURCES -6 48 0.034 $ 7,875,000.00
RML RESOLUTION MINERALS -6 68 0.068 $ 14,037,491.00
BDC BARDOC GOLD -6 41 0.081 $ 113,052,920.00
AYR ALLOY RESOURCES -6 -25 0.015 $ 5,030,519.00
DGR DGR GLOBAL -6 -41 0.058 $ 44,455,704.00
AGS ALLIANCE RESOURCES -6 59 0.145 $ 25,853,512.00
SLR SILVER LAKE RESOURCES -7 77 1.9 $ 1,658,506,112.00
NST NORTHERN STAR RESOURCES -7 23 13.1 $ 9,798,245,376.00
AOP APOLLO CONSOLIDATED -7 37 0.28 $ 74,001,288.00
SAU SOUTHERN GOLD -7 19 0.135 $ 17,324,382.00
TNR TORIAN RESOURCES -7 238 0.027 $ 13,810,076.00
ALK ALKANE RESOURCES -7 117 0.895 $ 516,229,632.00
KRM KINGSROSE MINING -8 6 0.036 $ 26,280,264.00
GSN GREAT SOUTHERN MINING -8 185 0.095 $ 38,361,004.00
WAF WEST AFRICAN RESOURCES -8 193 0.885 $ 752,356,096.00
CAI CALIDUS RESOURCES -9 34 0.43 $ 94,369,544.00
ADN ANDROMEDA METALS -9 373 0.051 $ 78,552,624.00
WGX WESTGOLD RESOURCES -9 23 2.005 $ 857,269,760.00
PRU PERSEUS MINING -9 116 1.1375 $ 1,314,062,464.00
DCN DACIAN GOLD -9 35 0.435 $ 250,319,152.00
ARL ARDEA RESOURCES -9 -8 0.29 $ 32,257,620.00
CHN CHALICE GOLD MINES -9 621 0.875 $ 265,595,040.00
GMN GOLD MOUNTAIN -9 7 0.049 $ 32,724,090.00
DEG DE GREY MINING -10 674 0.585 $ 668,209,600.00
PRX PRODIGY GOLD -10 -49 0.043 $ 26,128,242.00
AWV ANOVA METALS -12 150 0.022 $ 28,681,954.00
GMR GOLDEN RIM RESOURCES -13 -36 0.009 $ 9,027,478.00
KGM KALNORTH GOLD MINES -13 133 0.007 $ 6,259,680.50
BRV BIG RIVER GOLD -13 40 0.029 $ 38,221,544.00
OAU ORA GOLD -13 100 0.014 $ 10,045,833.00
DGO DGO GOLD -13 269 2.4 $ 121,573,752.00
GUL GULLEWA -13 269 0.096 $ 17,034,734.00
BYH BRYAH RESOURCES -14 -27 0.047 $ 4,942,818.00
GBR GREAT BOULDER RESOURCES -14 -52 0.025 $ 3,469,803.75
KWR KINGWEST RESOURCES -14 -11 0.125 $ 16,457,226.00
SLZ SULTAN RESOURCES -14 140 0.12 $ 6,191,289.00
ARM AURORA MINERALS -14 64 0.018 $ 4,451,065.00
WMX WILUNA MINING -15 68 1.225 $ 128,363,136.00
TSC TWENTY SEVEN CO -17 150 0.005 $ 7,431,604.50
GED GOLDEN DEEPS -18 -77 0.007 $ 2,455,325.00
MDI MIDDLE ISLAND RESOURCES -18 180 0.015 $ 31,981,344.00
NWM NORWEST MINERALS -19 -18 0.15 $ 12,576,027.00
VKA VIKING MINES -22 -30 0.007 $ 2,196,025.00
BNR BULLETIN RESOURCES -28 414 0.072 $ 15,777,791.00
NAG NAGAMBIE RESOURCES -29 21 0.046 $ 26,996,346.00
DHR DARK HORSE RESOURCES -33 -50 0.002 $ 4,988,126.00
ANL AMANI GOLD -33 -50 0.001 $ 6,834,496.50
MGV MUSGRAVE MINERALS 2 746 0.435 $ 203,770,000.00
VRC VOLT RESOURCES -5 -4 0.019 $ 36,080,000.00

 

TOP PERFORMERS

ROX RESOURCES (ASX:RXL) +88%

The explorer was up ~90 per cent on a big gold hit at the ‘Grace’ prospect, part of its Youanmi project in WA.

The highlight was a wide 25m interval grading 34.79 grams per tonne (g/t) gold, 143m from surface.

This was from the deepest drilling at Grace to date. What could be exciting is that Grace is exhibiting a “ladder vein array geometry” – a feature of other granite-hosted gold deposits of the Yilgarn Craton such as Granny Smith.

Joint venture partner Venus Metals (ASX:VMC) also gained on the news, up almost 29 per cent for the week.

BBX MINERALS (ASX:BBX) +21%

The Brazilian explorer has locked in $8m of “standby” equity funding with a US based investment group.

And despite ongoing high infection rates from COVID-19 in various parts of Brazil, BBX has been able to continue a test work program designed to fine tune a preferred extraction technique for the complex mineralisation identified at the Ema and Três Estados projects.

VANGO MINING (ASX:VAN) +15%

One of 2018 biggest performers, Vango has not fared so well over the last 12 months.

The advanced, high-grade gold explorer has now raised $17.4m to fund resource growth and mining studies at the 1-million-ounce Marymia gold project in WA. Multi-stage drilling is now planned to test the area’s multi-million-ounce high-grade potential, Vango says.