The gold price may be in a holding pattern at ~$US1,800/oz, but Aussie gold miners continue to throw piles of cash at acquisitions and new developments.

Westgold (ASX:WGX) looks increasingly likely  to hoover up struggling producer Gascoyne (ASX:GCY) and its Dalgaranga operation, in a bid to increase annual gold output to 350,000ozpa and then 500,000ozpa over time.

Westgold, which paid a maiden dividend as a standalone gold miner this year, reported a record quarter in the three months to September 30 this week.

Ounces produced rose 16% on the June Quarter to 66,173oz at all in sustaining costs of $1,582/oz, with production records at Westgold’s Blue Bell, Bluebird and Comet mines.

Westgold ended the quarter with $139m in cash after selling its bounty at $2,322/oz for a notional revenue of $153m.

WGX, GCY share price charts

 

Australian mid-tier Gold Road Resources (ASX:GOR) is also hungry for growth, announcing a cheeky $166 million all-cash bid last week for Ramelius Resources’ (ASX:RMS) takeover target Apollo Consolidated (ASX:AOP) and its 1.1Moz Rebecca gold project.

GOR’s 350,000ozpa Gruyere JV with South Africa’s Gold Fields suffered from mill issues in the September quarter, resulting in lower-than-expected production of 59,371oz at all in sustaining costs of $1697/oz. Mined grades are expected to increase in the December Quarter.

GOR, RMS, AOP share price charts

 

Maintenance hit Australia’s biggest gold miner Newcrest (ASX:NCM) in the September quarter, with gold production sliding by 27% on the back of mill issues at its Cadia, Lihir and Telfer gold mines.

Newcrest saw production fall from 542,332oz in the June quarter at costs of US$799/oz to 396,214oz at US$1270/oz in the September Quarter.

The gold miner expects to produce 1.8-2Moz of gold and 125-130,000t of copper this financial year, having delivered 2,093,322oz of gold and 125-130,000t of copper in FY21.

Last week, Northern Star Resources (ASX:NST) and Silver Lake Resources (ASX:SLR) released decent numbers, while Red 5 (ASX:RED) is in a bit of a holding pattern from a production standpoint as it waits for the revamped King of the Hills operation to come online in the middle of next year.

Meanwhile, Evolution Mining (ASX:EVN) beat its production and all in sustaining cost guidance in a solid September Quarter to get its financial year off to a good start.

All in costs were considerably higher at $2038/oz — once growth capital was considered — with Evolution selling its bounty at a margin of $326 per ounce, delivering group cash flow of $30.2 million.

It focus now is on bedding down the Mungari operations near Kalgoorlie in WA, where it paid $400 million to incorporate Northern Star’s (ASX:NST) Kundana operations. Evolution is also progressing the $380 million development of the underground operation at Cowal.

NCM, NST, RED, SLR, EVN share price charts

 

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

>>> Stocks missing from this list? Email [email protected]

CODE COMPANY 1 WEEK RETURN % 1 MONTH RETURN % 6 MONTH RETURN % 1 YEAR RETURN % SHARE PRICE [INTRADAY FRI] MARKET CAP
XTC Xantippe Resources 67 150 100 67 0.005 $ 20,372,822.01
ARN Aldoro Resources 24 24 36 453 0.525 $ 43,371,658.61
PRS Prospech 20 13 -31 0 0.09 $ 5,866,290.45
ERM Emmerson Resources 19 26 11 -5 0.082 $ 40,855,556.10
RMX Red Mountain Mining 17 5 5 -25 0.0105 $ 16,109,041.32
KRM Kingsrose Mining 16 28 18 79 0.059 $ 41,610,419.06
CBY Canterbury Resources 15 10 5 -8 0.115 $ 13,822,830.95
AQI Alicanto Minerals 14 39 33 -9 0.16 $ 49,330,119.15
BRV Big River Gold 14 -7 -35 -49 0.25 $ 54,860,613.00
TMX Terrain Minerals 13 0 -18 -25 0.009 $ 6,621,849.08
DDD 3D Resources 13 29 -10 -22 0.0045 $ 15,521,488.37
KNB Koonenberrygold 12 9 0.185 $ 13,238,706.24
CDT Castle Minerals 12 46 27 46 0.019 $ 15,468,203.72
CHZ Chesser Resources 12 7 7 -37 0.145 $ 74,479,380.00
MRR Minrex Resources 11 18 -5 -31 0.02 $ 11,687,741.10
NAG Nagambie Resources 11 4 17 43 0.083 $ 40,494,520.03
MVL Marvel Gold Limited 11 3 46 14 0.073 $ 41,683,162.18
DCX Discovex Res 10 10 -21 -21 0.0055 $ 14,127,652.42
AQX Alice Queen 10 10 -42 -62 0.011 $ 13,702,230.10
MRZ Mont Royal Resources 10 1 16 11 0.395 $ 14,961,302.43
NMR Native Mineral Res 9 9 -17 0.25 $ 7,059,307.50
KTA Krakatoa Resources 8 -7 3 -26 0.064 $ 19,450,854.52
PDI Predictive Disc 8 11 105 231 0.195 $ 251,704,083.22
RDS Redstone Resources 8 27 27 -13 0.014 $ 10,065,986.88
PUR Pursuit Minerals 8 -23 -51 173 0.0355 $ 32,795,487.06
A1G African Gold . 7 10 -9 72 0.225 $ 25,753,931.91
DLC Delecta Limited 7 25 150 150 0.015 $ 17,951,755.58
PNX PNX Metals Limited 7 14 -6 -27 0.008 $ 29,217,548.09
MTH Mithril Resources 7 14 -6 -45 0.016 $ 36,123,262.57
AZS Azure Minerals 7 33 29 17 0.405 $ 131,637,681.43
SFM Santa Fe Minerals 6 0 -15 -4 0.085 $ 6,189,597.07
SLR Silver Lake Resources 6 32 -2 -25 1.68 $ 1,491,892,753.71
DGO DGO Gold Limited 6 6 -19 -17 2.94 $ 229,164,713.25
PUA Peak Minerals 6 12 -32 -32 0.019 $ 16,915,749.78
LCL Los Cerros Limited 6 6 -23 -14 0.1425 $ 95,394,953.25
HXG Hexagon Energy 5 9 -41 83 0.088 $ 39,249,216.78
PNR Pantoro Limited 5 5 7 10 0.22 $ 317,024,707.05
VKA Viking Mines 5 47 -35 41 0.022 $ 20,425,168.62
NAE New Age Exploration 5 -8 -45 -18 0.0115 $ 15,794,888.01
HCH Hot Chili 4 29 29 -6 0.049 $ 214,177,653.68
GED Golden Deeps 4 14 4 -22 0.0125 $ 9,310,217.28
STN Saturn Metals 4 7 2 -39 0.44 $ 50,113,456.95
TAR Taruga Minerals 4 0 -7 -12 0.051 $ 26,115,060.31
KWR Kingwest Resources 4 0 13 -38 0.13 $ 30,201,315.63
OKU Oklo Resources 4 23 -10 -49 0.135 $ 70,564,173.68
POL Polymetals Resources 4 8 0.135 $ 5,241,139.70
CST Castile Resources 4 38 0 -37 0.27 $ 52,923,182.07
MAU Magnetic Resources 4 1 5 41 1.66 $ 362,167,993.40
GBZ GBM Rsources 4 26 26 -12 0.145 $ 73,487,349.52
TCG Turaco Gold Limited 4 38 123 123 0.145 $ 49,150,167.30
BGL Bellevue Gold 4 10 -5 -26 0.88 $ 833,953,684.27
RDT Red Dirt Metals 4 17 297 183 0.735 $ 97,414,179.66
MML Medusa Mining 3 7 -4 -6 0.775 $ 157,983,708.76
RMS Ramelius Resources 3 22 -3 -23 1.5775 $ 1,292,622,558.15
BDC Bardoc Gold 3 62 -15 -11 0.068 $ 116,262,244.19
AGG AngloGold Ashanti 3 25 -7 -25 5.14 $ 451,391,290.90
SAU Southern Gold 3 11 -18 -33 0.07 $ 15,786,327.94
ONX Orminex 3 -3 -29 52 0.035 $ 19,351,308.34
VMC Venus Metals Cor 3 6 3 -21 0.19 $ 28,704,949.77
AGS Alliance Resources 3 30 15 -12 0.195 $ 40,563,341.13
GOR Gold Road Res 3 15 11 -3 1.3675 $ 1,220,608,448.52
MGV Musgrave Minerals 3 46 5 -22 0.395 $ 206,638,335.37
M24 Mamba Exploration 3 17 -13 0.205 $ 7,215,000.00
SSR SSR Mining Inc. 2 8 7 -18 21.715 $ 456,058,315.44
HRN Horizon Gold 2 21 13 -6 0.44 $ 46,944,487.04
MEU Marmota Limited 2 -2 2 -2 0.045 $ 43,584,016.05
E2M E2 Metals 2 -13 -22 -72 0.235 $ 37,617,803.25
ADT Adriatic Metals 2 1 32 36 2.87 $ 530,069,162.56
BMR Ballymore Resources 2 -4 0 0 0.25 $ 17,154,739.44
HAW Hawthorn Resources 2 4 -7 -49 0.052 $ 17,342,811.88
ICL Iceni Gold 2 22 25 0.275 $ 31,142,798.18
CEL Challenger Exp 2 0 -22 24 0.28 $ 272,837,719.00
BC8 Black Cat Syndicate 2 6 -29 -22 0.56 $ 78,852,374.16
OKR Okapi Resources 2 18 214 205 0.58 $ 58,502,933.82
AAU Antilles Gold 1 -9 -18 63 0.077 $ 23,712,386.96
RXL Rox Resources 1 8 -31 -52 0.385 $ 59,890,893.32
AAR Anglo Australian 1 4 -28 -46 0.083 $ 50,079,056.08
LM8 Lunnonmetalslimited 1 -1 0.425 $ 32,555,066.30
AAJ Aruma Resources 1 -12 14 -23 0.087 $ 10,958,650.76
SVY Stavely Minerals 1 14 -24 -37 0.455 $ 118,737,460.66
AOP Apollo Consolidated 1 51 83 75 0.595 $ 173,514,251.05
CAI Calidus Resources 1 8 61 -2 0.605 $ 233,958,083.00
PKO Peako Limited 0 -12 -41 -28 0.023 $ 6,477,536.12
SBR Sabre Resources 0 25 0 -29 0.005 $ 8,446,568.25
ADV Ardiden 0 -8 -15 -73 0.011 $ 23,686,688.92
RGL Riversgold 0 -20 -59 -58 0.024 $ 10,101,054.90
VRC Volt Resources 0 -6 30 200 0.03 $ 79,433,314.65
G50 Gold50Limited 0 9 0.24 $ 12,076,320.24
KSN Kingston Resources 0 0 0 -22 0.21 $ 60,092,456.97
CY5 Cygnus Gold Limited 0 0 -10 -23 0.135 $ 14,636,713.23
TLM Talisman Mining 0 -9 4 21 0.145 $ 27,222,216.92
BAR Barra Resources 0 4 42 -18 0.027 $ 18,987,300.31
GUL Gullewa Limited 0 -9 -1 -35 0.081 $ 15,420,221.10
TSC Twenty Seven Co. 0 0 -9 -38 0.005 $ 13,304,069.53
FAU First Au 0 -21 -48 -56 0.011 $ 8,451,145.34
GML Gateway Mining 0 -5 -33 -5 0.018 $ 34,265,440.80
AYM Australia United Min 0 22 10 -15 0.011 $ 18,425,774.85
GMR Golden Rim Resources 0 0 -45 -50 0.006 $ 19,772,098.07
GNM Great Northern 0 0 -27 -50 0.008 $ 9,672,407.81
SPQ Superior Resources 0 8 8 -35 0.013 $ 19,537,088.68
LNY Laneway Res 0 11 -17 -29 0.005 $ 19,520,329.67
SI6 SI6 Metals Limited 0 -4 -8 20 0.012 $ 17,851,799.81
CGN Crater Gold Min 0 0 -15 55 0.017 $ 20,867,429.74
KGM Kalnorth Gold 0 0 0 0 0.013 $ 11,625,120.78
TRY Troy Resources 0 0 -47 -70 0.037 $ 30,073,993.35
IVR Investigator Res 0 26 -13 43 0.073 $ 103,267,835.35
GRL Godolphin Resources 0 7 -21 -52 0.15 $ 12,196,134.30
MHC Manhattan Corp 0 0 -14 -52 0.012 $ 18,315,344.32
OZM Ozaurum Resources 0 11 -9 0.15 $ 8,582,400.00
GIB Gibb River Diamonds 0 11 22 -39 0.083 $ 17,132,265.05
M2R Miramar 0 -12 -23 -56 0.18 $ 8,966,703.60
FG1 Flynngold 0 3 0.155 $ 9,383,087.75
RDN Raiden Resources 0 -4 -21 -43 0.023 $ 28,671,277.99
FML Focus Minerals 0 17 -5 -26 0.28 $ 51,169,598.20
SLZ Sultan Resources 0 3 0 -31 0.18 $ 12,516,190.02
MAT Matsa Resources 0 5 -10 -56 0.061 $ 21,489,277.20
ARV Artemis Resources 0 22 2 -33 0.1 $ 124,244,767.45
IPT Impact Minerals 0 0 -21 -29 0.015 $ 28,333,128.87
BAT Battery Minerals 0 0 -26 -48 0.014 $ 27,341,632.93
GSM Golden State Mining 0 -16 -22 -64 0.105 $ 8,724,238.43
SMI Santana Minerals 0 47 61 19 0.25 $ 28,508,159.00
NCM Newcrest Mining 0 12 -6 -19 24.82 $ 20,661,623,399.46
CYL Catalyst Metals 0 15 -3 -13 2.09 $ 205,438,061.07
NST Northern Star -1 14 -12 -41 9.38 $ 11,052,160,278.51
AXE Archer Materials -1 -17 73 217 1.49 $ 363,069,671.75
CMM Capricorn Metals -1 18 42 44 2.51 $ 922,060,528.17
KCN Kingsgate Consolid. -1 13 89 96 1.65 $ 369,605,156.51
ANX Anax Metals -1 10 19 305 0.099 $ 35,018,389.00
WGX Westgold Resources. -1 20 -10 -31 1.935 $ 827,590,042.87
SVL Silver Mines Limited -1 18 -3 6 0.2175 $ 284,083,220.74
DEX Duke Exploration -1 -16 -44 0.1975 $ 17,591,174.64
DRE Drednought Resources -1 4 103 54 0.0385 $ 104,778,898.51
BNR Bulletin Res -1 15 10 8 0.075 $ 18,274,030.39
TAM Tanami Gold NL -1 -3 -6 -5 0.072 $ 84,606,987.31
WMC Wiluna Mining Corp -1 6 3 -45 1.025 $ 161,077,661.47
CHN Chalice Mining -2 0 -3 141 6.71 $ 2,438,802,823.80
ICG Inca Minerals -2 -6 2 120 0.1275 $ 62,522,839.21
YRL Yandal Resources -2 -11 -14 -27 0.445 $ 41,733,135.35
AUC Ausgold Limited -2 13 -8 -19 0.044 $ 66,584,680.72
MDI Middle Island Res -2 14 -14 -69 0.1075 $ 13,466,004.42
RVR Red River Resources -2 26 -2 -10 0.215 $ 111,469,864.92
EVN Evolution Mining -2 10 -21 -37 3.67 $ 6,800,204,595.24
MKR Manuka Resources. -3 17 -8 -21 0.385 $ 38,566,603.94
BNZ Benzmining -3 0 -14 0.7 $ 35,702,028.60
NSM Northstaw -3 10 -15 -35 0.32 $ 12,840,640.00
BCN Beacon Minerals -3 3 -9 1 0.032 $ 114,918,256.06
KAI Kairos Minerals -3 2 3 -32 0.03 $ 51,972,639.28
ALK Alkane Resources -3 14 26 -31 0.9 $ 536,025,078.00
AMI Aurelia Metals -3 28 -7 -21 0.3725 $ 469,230,409.84
PGD Peregrine Gold -3 6 53 0.435 $ 13,775,505.95
IDA Indiana Resources -3 5 -30 -3 0.058 $ 25,197,923.68
LEX Lefroy Exploration -3 15 -65 81 0.425 $ 52,898,853.48
STK Strickland Metals -3 63 305 -6 0.085 $ 97,305,431.85
S2R S2 Resources -3 -6 -49 -68 0.084 $ 29,935,487.82
RND Rand Mining -4 5 3 -35 1.55 $ 89,864,018.38
BMO Bastion Minerals -4 2 31 0.255 $ 18,376,607.60
G88 Golden Mile Res -4 6 -47 -19 0.05 $ 8,550,916.40
RSG Resolute Mining -4 7 -9 -49 0.4225 $ 463,634,936.52
REZ Resourc & En Grp -4 18 18 -52 0.047 $ 20,288,997.08
BTR Brightstar Resources -4 38 34 31 0.047 $ 29,494,553.48
DCN Dacian Gold -4 10 -39 -39 0.225 $ 227,346,050.94
FFR Firefly Resources -5 -9 -5 -52 0.105 $ 30,525,613.47
TIE Tietto Minerals -5 14 46 -14 0.415 $ 187,579,853.87
VAN Vango Mining -5 -5 -15 -35 0.061 $ 68,148,440.86
MOH Moho Resources -5 -3 -18 -43 0.06 $ 6,093,248.72
RML Resolution Minerals -5 0 -26 -50 0.02 $ 11,761,433.90
CTO Citigold Corp -5 -13 -23 -33 0.01 $ 28,336,590.91
ZAG Zuleika Gold -5 -20 -50 -73 0.02 $ 8,201,867.46
AME Alto Metals Limited -5 25 8 -9 0.1 $ 45,025,973.60
NWM Norwest Minerals -5 -3 12 -22 0.078 $ 14,448,582.00
GMN Gold Mountain -5 -5 -54 -52 0.019 $ 20,332,834.23
QML Qmines Limited -5 12 0.38 $ 19,233,834.87
MCT Metalicity Limited -5 -5 -27 -53 0.0095 $ 19,293,943.79
AUT Auteco Minerals -5 1 -13 -39 0.076 $ 130,039,957.01
TNR Torian Resources -5 0 -36 -3 0.028 $ 27,462,588.60
BYH Bryah Resources -5 -5 -26 -10 0.053 $ 12,331,394.63
DTR Dateline Resources -5 1 -12 76 0.088 $ 38,537,994.44
FFX Firefinch -5 -2 69 294 0.61 $ 560,254,757.81
RED Red 5 Limited -5 21 37 -10 0.26 $ 600,871,966.26
PRU Perseus Mining -5 17 33 24 1.58 $ 1,993,825,551.25
BGD Bartongoldholdings -6 -3 0.17 $ 14,592,799.32
SBM St Barbara Limited -6 14 -23 -47 1.445 $ 1,039,457,126.79
PRX Prodigy Gold NL -6 -15 -25 -27 0.033 $ 19,809,338.60
WRM White Rock Min -6 16 -32 -37 0.33 $ 47,726,033.62
BRB Breaker Res NL -6 16 49 64 0.32 $ 105,898,301.93
TRN Torrens Mining -6 3 3 0.16 $ 11,146,390.08
PAK Pacific American Hld -6 0 -18 -31 0.016 $ 5,097,358.40
EMR Emerald Res NL -6 3 1 53 0.95 $ 507,666,248.90
MZZ Matador Mining -6 8 5 -5 0.385 $ 85,825,598.80
NVA Nova Minerals -6 30 3 -17 0.15 $ 259,555,445.77
OAU Ora Gold Limited -6 -6 -29 -38 0.015 $ 13,473,523.55
CAZ Cazaly Resources -6 10 -4 -6 0.044 $ 16,999,910.28
WAF West African Res -6 43 41 23 1.295 $ 1,118,136,172.95
TMZ Thomson Res -7 -4 -25 -8 0.086 $ 43,495,074.39
XAM Xanadu Mines -7 -13 -60 -36 0.028 $ 35,253,057.00
WCN White Cliff Min -7 17 -30 -65 0.014 $ 7,240,749.59
CLA Celsius Resource -7 4 -33 -18 0.027 $ 27,227,930.11
CDR Codrus Minerals -7 -18 0.135 $ 5,600,000.00
CWX Carawine Resources -7 0 -32 -38 0.2 $ 21,777,980.40
AL8 Alderan Resource -7 -13 -47 -65 0.04 $ 17,022,643.20
MM8 Medallion Metals. -7 -13 -18 0.2 $ 15,384,316.34
WWI West Wits Mining -7 -11 -52 -54 0.04 $ 62,417,154.63
TBA Tombola Gold -7 0 -15 -5 0.04 $ 26,640,422.72
NES Nelson Resources. -7 -2 -49 -39 0.04 $ 7,965,980.00
CXU Cauldron Energy -7 -19 -30 -33 0.026 $ 12,773,634.38
ALY Alchemy Resource -7 -5 -11 -34 0.013 $ 10,923,956.10
EM2 Eagle Mountain -7 -3 -40 99 0.705 $ 156,223,923.57
TBR Tribune Res -7 -3 -6 -30 4.92 $ 258,142,938.84
HMX Hammer Metals -8 -10 -43 40 0.06 $ 48,809,677.38
HRZ Horizon -8 9 4 9 0.12 $ 70,996,900.00
DEG De Grey Mining -8 18 -23 -6 1.115 $ 1,575,194,348.00
NXM Nexus Minerals -8 22 361 193 0.41 $ 104,826,960.18
THR Thor Mining PLC -8 9 25 -24 0.0175 $ 10,601,410.55
PNM Pacific Nickel Mines -8 44 113 74 0.115 $ 26,877,979.88
MEG Megado -8 -4 -39 -65 0.092 $ 3,960,489.42
TTM Titan Minerals -8 10 10 -4 0.115 $ 153,044,484.78
A8G Australasian Gold -8 58 0.67 $ 26,244,230.98
AWV Anova Metals -9 0 -13 -22 0.021 $ 30,094,978.20
KAU Kaiser Reef -9 -2 -37 -48 0.21 $ 23,872,039.23
RRL Regis Resources -9 6 -23 -52 2.005 $ 1,532,196,717.24
ENR Encounter Resources -9 -9 18 -9 0.2 $ 58,599,956.76
SNG Siren Gold -9 37 9 -17 0.35 $ 24,602,859.34
NML Navarre Minerals -9 -13 -33 -64 0.087 $ 60,723,577.14
TG1 Techgen Metals -10 -10 -24 0.19 $ 7,320,469.15
ZNC Zenith Minerals -10 15 -27 81 0.235 $ 75,930,556.96
KZR Kalamazoo Resources -10 9 -19 -43 0.365 $ 49,706,330.58
EMU EMU NL -10 -16 -48 -56 0.027 $ 13,995,434.52
SIH Sihayo Gold Limited -10 -10 -40 -63 0.009 $ 33,169,152.72
MKG Mako Gold -10 6 -8 -16 0.092 $ 36,312,952.19
SRN Surefire Rescs NL -10 0 -48 -65 0.013 $ 14,356,035.32
ASO Aston Minerals -11 -7 -11 178 0.125 $ 119,274,678.63
AWJ Auric Mining -11 -17 -32 0.125 $ 7,488,363.20
ARL Ardea Resources -11 1 -5 1 0.475 $ 69,017,109.50
AM7 Arcadia Minerals -11 11 0.195 $ 6,498,000.00
DTM Dart Mining NL -12 5 -15 -45 0.11 $ 13,694,002.30
TRM Truscott Mining Corp -12 -3 26 45 0.029 $ 4,862,129.41
OBM Ora Banda Mining -12 -6 -64 -73 0.085 $ 82,809,082.93
KCC Kincora Copper -13 -18 -48 0.14 $ 10,076,700.90
BEZ Besragoldinc -13 0.14 $ 24,058,994.40
BBX BBX Minerals -13 -18 -38 -57 0.165 $ 75,573,543.38
GSN Great Southern -13 25 20 -29 0.066 $ 33,376,227.72
LCY Legacy Iron Ore -13 0 -32 63 0.013 $ 83,261,600.72
GTR Gti Resources -14 3 41 54 0.03 $ 26,949,155.61
AVW Avira Resources -14 0 -25 -50 0.006 $ 10,312,740.00
SKY SKY Metals -15 -3 -39 -56 0.089 $ 30,468,309.27
AGC AGC -16 -16 -38 0.105 $ 7,111,364.82
MEI Meteoric Resources -16 -28 -61 -70 0.021 $ 25,408,539.24
MBK Metal Bank -16 -16 -16 -36 0.008 $ 9,512,546.43
ANL Amani Gold -17 67 25 25 0.0025 $ 55,163,796.32
TSO Tesoro Resources -17 -17 -57 -76 0.083 $ 43,086,590.73
GBR Greatbould Resources -18 -3 198 153 0.155 $ 53,585,371.35
GWR GWR Group -19 -7 -56 -16 0.13 $ 42,390,102.02
MTC Metalstech -19 -13 257 197 0.345 $ 58,332,606.50
PF1 Pathfinder Resources -19 -17 21 0.29 $ 14,844,131.40
ADN Andromeda Metals -20 23 -22 1 0.1725 $ 443,079,368.28
MLS Metals Australia -25 -40 -40 -25 0.0015 $ 10,477,114.72
NPM Newpeak Metals -25 -25 -25 -50 0.0015 $ 14,740,203.53

 

Small Cap Standouts

XANTIPPE RESOURCES (ASX:XTC)

This $8m market cap gold explorer is hunting for new projects in Argentina and Bolivia.

A recent Memorandum of Understanding (MoU) signed with Aussie-registered company Carolina Lithium “is the first step in considering resource opportunities within Latin America”, XTC says.

“Carolina has the specific intention of identifying, acquiring, and developing projects in Argentina and Bolivia,” it said this week.

“Xantippe hopes to announce further developments with Carolina Lithium in coming weeks as they arise.”

XTC tenements also holds ~60km of linear strike of the prospective Southern Cross Greenstone Belt, which has historically produced around 15Moz gold.

An early-stage auger drill program carried out at the Glendower, Kennyville West and Mt Caudin prospects last quarter uncovered anomalies at all three prospects. Further infill drilling is required to develop targets for deeper drilling, it says.

 

ALDORO RESOURCES (ASX:ARN)

In May, battery metals explorer ARN announced plans to spin out its portfolio of WA gold assets — including the Penny South, Ryans Find, and Unaly Hill South projects — into subsidiary Aurum Resources.

In August, Aurum lodged a Prospectus with ASIC to raise up to $5m in new equity via an IPO and ASX Listing.

$47m market cap Aldoro — which featured recently in our ‘forgotten resources stocks that could conceivably be the next multi-bagger’ series – is up ~250% year-to-date.