• New World Gold Council report points to thriving gold production and long-term demand
  • Meanwhile, gold prices are still healthy but fractionally down from this time last week
  • The week’s top ASX goldie gainers led by: STK and TIE

 

Right then, gold. You. Are. Gold. Always believe.

Let’s start with the price action at the precise time of a quarter past typing this sentence:

In relatively strong US dollars, we’re talking $1,989 (a truly golden year for the Canberra Raiders) per ounce.

In relatively pissweak Aussie dollars, we’re talking: $3,093 an oz.

This is still pretty strong performance, although down just a tad from this time last week – so, no fresh ATH for Aussie gold to report this time around.

We’ve seen the odd analyst here and there late this week calling it a “softening” of the recent momentum of the soft heavy metal. A bit like Linkin Park, perhaps. (Actually, not sure about that reference as I’ve never listened to a full Linkin Park song and probably never will.)

That said, you’ve got to keep on top of these momentum narratives, because here’s a more up-to-minute one from gold-focused media outlet Kitco, whose Neils Christensen noted overnight:

“The gold market is seeing healthy momentum as the US labor market appears to be losing some momentum as the number of American workers applying for first-time unemployment benefits rises more than expected.

“The gold market continues to hold below $2,000 an ounce; however, it has seen a small jump in initial reaction to the latest labor market data. December gold futures last traded at $1,996.70 an ounce, up 0.46% on the day.”

And as Stockhead’s very own ressie expert Josh Chiat noted in his October review of commodities:

“War is in fact good for gold prices, but how long will October’s safe haven bump last?”

Safe haven rallies like these don’t always last, reckons Josh, as we saw with the run beyond US$2000/oz after last year’s invasion of Ukraine by Russia.

And the US rate-hike cycle is still something for investors to consider he warns, “which could yet persist longer than expected with inflation remaining a concern for key state banks”.

Agreed.

 

Gold mining record in reach: World Gold Council 

But what does the World Gold Council reckon? It has a whole bunch of fresh takes released this week via its latest Gold Demand Trends report, which it’s based on Q3 action.

Among the key takeaways, this one stood out:

Source: World Gold Council

A potential global gold production all-time-high this year points to strong demand for the precious metal, you would think, wouldn’t you?

Speaking of which, some other WGC report highlights:

• Q3 gold demand proved to be “firmly above the longer term average”.

The LBMA gold price benchmark averaged US$1,928.5/oz during Q3. That’s 2% below the record high seen in Q2, but 12% higher y/y.

Several countries saw higher local gold prices due to currency weakness against the US dollar, notes the WGC, including Japan, China and Turkey.

• Central banks are still frothing for the yellow metal, maintaining a “historic pace” in Q3, but falling short of the Q3’22 record. “Central banks have bought a net 800t of gold so far this year, the highest on record for that nine-month period.”

• Jewellery demand meanwhile softened slightly in the face of high gold prices, while the investment picture was mixed.

 

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] and/or [email protected]

Code Company Price % Week % Month % Year Market Cap
MRR Minrex Resources Ltd 0.014 -7% 0% -67% $15,188,145
NPM Newpeak Metals 0.001 0% 0% 0% $9,995,579
ASO Aston Minerals Ltd 0.033 0% 22% -50% $43,384,653
MTC Metalstech Ltd 0.13 -10% -42% -66% $30,176,734
FFX Firefinch Ltd 0.2 0% 0% 0% $236,569,315
GED Golden Deeps 0.05 0% -11% -57% $5,776,117
G88 Golden Mile Res Ltd 0.021 -5% -28% -1% $6,258,401
DCX Discovex Res Ltd 0.002 0% 0% -20% $6,605,136
NMR Native Mineral Res 0.033 -13% -20% -80% $6,650,676
AQX Alice Queen Ltd 0.014 0% 0% -65% $1,771,208
SLZ Sultan Resources Ltd 0.015 -17% -25% -84% $2,222,851
MKG Mako Gold 0.013 -19% -13% -68% $7,488,106
KSN Kingston Resources 0.086 -1% 8% 0% $42,824,718
AMI Aurelia Metals Ltd 0.095 3% 3% -9% $158,412,861
PNX PNX Metals Limited 0.003 -25% 20% -20% $16,141,874
GIB Gibb River Diamonds 0.037 -3% 37% -31% $7,825,849
KCN Kingsgate Consolid. 1.135 5% -2% -33% $293,836,929
TMX Terrain Minerals 0.005 25% 0% -29% $6,767,139
BNR Bulletin Res Ltd 0.155 24% 96% 15% $44,038,665
NXM Nexus Minerals Ltd 0.04 3% -18% -76% $15,562,405
SKY SKY Metals Ltd 0.039 -3% -9% -9% $17,994,526
LM8 Lunnonmetalslimited 0.69 -5% -14% -15% $162,992,140
CST Castile Resources 0.06 5% 18% -50% $14,272,243
YRL Yandal Resources 0.058 4% 23% -55% $9,468,185
FAU First Au Ltd 0.0025 0% -17% -44% $3,629,983
ARL Ardea Resources Ltd 0.52 8% -12% -40% $102,197,505
GWR GWR Group Ltd 0.076 9% -10% 27% $24,091,249
IVR Investigator Res Ltd 0.043 10% 8% -10% $61,798,311
GTR Gti Energy Ltd 0.0075 -6% -32% -49% $15,374,603
IPT Impact Minerals 0.011 10% -12% 83% $28,647,039
BNZ Benzmining 0.35 3% -15% -30% $44,141,832
MOH Moho Resources 0.006 -25% -14% -75% $2,380,311
BBX BBX Minerals Ltd 0.027 -7% 4% -58% $15,756,296
PUA Peak Minerals Ltd 0.003 -14% 0% -50% $3,124,130
MRZ Mont Royal Resources 0.18 9% 0% -5% $14,813,088
SMS Starmineralslimited 0.039 -9% -3% -54% $2,912,239
MVL Marvel Gold Limited 0.011 0% -8% -56% $9,501,698
PRX Prodigy Gold NL 0.008 0% 14% -27% $12,257,755
AAU Antilles Gold Ltd 0.023 5% -8% -48% $18,236,862
CWX Carawine Resources 0.12 2% -19% 42% $23,618,096
RND Rand Mining Ltd 1.15 -12% -12% -21% $65,407,355
CAZ Cazaly Resources 0.036 16% 3% 20% $13,825,105
BMR Ballymore Resources 0.125 14% 25% -26% $18,274,658
DRE Dreadnought Resources Ltd 0.034 6% -29% -70% $110,622,250
ZNC Zenith Minerals Ltd 0.11 21% -4% -61% $42,285,706
REZ Resourc & En Grp Ltd 0.015 0% -3% -25% $7,497,087
LEX Lefroy Exploration 0.165 -6% -6% -42% $33,371,298
ERM Emmerson Resources 0.059 -2% -2% -27% $31,593,168
AM7 Arcadia Minerals 0.085 -6% -15% -70% $9,269,259
ADT Adriatic Metals 3.42 1% -7% 36% $829,497,733
GMR Golden Rim Resources 0.02 -5% -5% -47% $11,831,767
CYL Catalyst Metals 0.755 26% 14% -35% $159,563,469
CHN Chalice Mining Ltd 1.925 8% -16% -55% $719,582,112
KAL Kalgoorliegoldmining 0.025 -14% -14% -76% $3,710,851
MLS Metals Australia 0.038 15% 9% 0% $22,465,303
ADN Andromeda Metals Ltd 0.019 -10% -5% -55% $62,200,169
MEI Meteoric Resources 0.25 6% 16% 1983% $466,117,710
SRN Surefire Rescs NL 0.012 -14% -14% 0% $26,478,958
SIH Sihayo Gold Limited 0.002 0% 33% -20% $24,408,512
WA8 Warriedarresourltd 0.059 2% -9% -61% $30,194,990
HMX Hammer Metals Ltd 0.047 9% 0% -32% $44,320,367
WCN White Cliff Min Ltd 0.01 -17% -17% -44% $12,570,186
AVM Advance Metals Ltd 0.003 0% -40% -75% $1,765,676
WRM White Rock Min Ltd 0.063 0% 0% -15% $17,508,200
ASR Asra Minerals Ltd 0.007 0% -18% -70% $10,126,460
MCT Metalicity Limited 0.002 0% -20% -43% $8,502,172
AME Alto Metals Limited 0.045 -2% -2% -40% $32,139,004
CTO Citigold Corp Ltd 0.0045 13% -10% -25% $14,368,295
TIE Tietto Minerals 0.5975 44% 73% -17% $637,145,105
SMI Santana Minerals Ltd 0.66 15% 26% 4% $112,033,850
M2R Miramar 0.019 -30% -49% -78% $3,200,695
MHC Manhattan Corp Ltd 0.005 0% -29% -29% $14,684,899
GRL Godolphin Resources 0.036 -5% -12% -56% $6,431,197
SVG Savannah Goldfields 0.051 -12% -22% -77% $11,024,212
EMC Everest Metals Corp 0.095 -1% -14% -5% $12,661,895
GUL Gullewa Limited 0.055 0% 0% -15% $10,767,521
CY5 Cygnus Metals Ltd 0.17 17% 0% -66% $49,307,249
G50 Gold50Limited 0.125 0% -11% 4% $13,464,375
ADV Ardiden Ltd 0.0055 -8% 10% -21% $14,785,844
AAR Astral Resources NL 0.08 1% -4% 45% $65,766,595
VMC Venus Metals Cor Ltd 0.11 10% -12% 5% $20,870,155
NAE New Age Exploration 0.0055 0% -8% -31% $9,866,444
VKA Viking Mines Ltd 0.01 25% 11% 25% $10,252,584
LCL LCL Resources Ltd 0.025 -14% -11% 15% $19,857,612
MTH Mithril Resources 0.0015 0% -25% -67% $5,053,207
ADG Adelong Gold Limited 0.0065 -7% -7% -19% $4,174,256
RMX Red Mount Min Ltd 0.004 -11% 14% -20% $10,694,304
PRS Prospech Limited 0.02 0% -29% -30% $4,175,440
XTC Xantippe Res Ltd 0.001 0% 0% -76% $17,528,005
TTM Titan Minerals 0.035 0% 0% -56% $50,323,457
NML Navarre Minerals Ltd 0.019 0% 0% -58% $28,555,654
MZZ Matador Mining Ltd 0.045 -4% -2% -49% $14,947,638
KZR Kalamazoo Resources 0.098 3% -7% -47% $14,566,405
BCN Beacon Minerals 0.027 4% 13% 13% $101,432,741
MAU Magnetic Resources 1.06 6% 27% 33% $266,065,609
BC8 Black Cat Syndicate 0.225 5% 7% -22% $66,163,487
EM2 Eagle Mountain 0.068 -4% -15% -62% $20,432,780
EMR Emerald Res NL 2.675 2% 1% 142% $1,672,335,501
BYH Bryah Resources Ltd 0.013 -7% -13% -40% $4,661,869
HCH Hot Chili Ltd 1.08 4% -9% 10% $126,014,692
WAF West African Res Ltd 0.795 11% 3% -26% $795,237,635
MEU Marmota Limited 0.042 14% 27% -14% $43,410,824
NVA Nova Minerals Ltd 0.25 -9% 14% -69% $53,776,940
DCN Dacian Gold Ltd 0.28 0% 189% 70% $328,536,253
SVL Silver Mines Limited 0.1675 2% -1% -4% $238,736,464
PGD Peregrine Gold 0.29 0% 4% -35% $16,601,895
ICL Iceni Gold 0.057 -3% -27% -14% $14,631,286
FG1 Flynngold 0.067 3% 16% -33% $9,274,016
WWI West Wits Mining Ltd 0.014 -7% -7% -22% $30,176,910
RML Resolution Minerals 0.005 0% -29% -50% $6,286,459
AAJ Aruma Resources Ltd 0.032 0% -11% -54% $6,103,637
AL8 Alderan Resource Ltd 0.011 0% -8% 57% $6,783,641
GMN Gold Mountain Ltd 0.0055 -8% -8% -21% $13,614,472
MEG Megado Minerals Ltd 0.035 0% -15% -49% $8,905,945
HMG Hamelingoldlimited 0.087 5% 4% -52% $13,702,500
TBA Tombola Gold Ltd 0.026 0% 0% -13% $33,129,243
BM8 Battery Age Minerals 0.215 -9% -23% -57% $18,718,746
TBR Tribune Res Ltd 3.1 -3% -3% 12% $157,404,231
FML Focus Minerals Ltd 0.18 20% 6% 24% $51,580,556
GSR Greenstone Resources 0.0075 -6% -17% -71% $10,923,331
VRC Volt Resources Ltd 0.007 -13% -13% -68% $28,507,967
ARV Artemis Resources 0.027 23% 0% -7% $34,703,204
HRN Horizon Gold Ltd 0.3 -2% -8% -8% $37,554,492
CLA Celsius Resource Ltd 0.011 10% 0% -8% $24,706,568
QML Qmines Limited 0.077 -13% -23% -61% $16,362,844
RDN Raiden Resources Ltd 0.0385 17% 28% 350% $81,755,281
TCG Turaco Gold Limited 0.055 10% 15% 38% $27,146,700
KCC Kincora Copper 0.031 0% -14% -52% $4,967,039
GBZ GBM Rsources Ltd 0.021 17% 40% -61% $13,026,758
DTM Dart Mining NL 0.018 0% -9% -73% $3,683,066
MKR Manuka Resources. 0.04 -9% -7% -69% $22,500,802
AUC Ausgold Limited 0.029 4% -3% -31% $66,588,095
ANX Anax Metals Ltd 0.031 -14% -9% -46% $13,327,021
EMU EMU NL 0.0015 50% -25% -64% $1,667,521
SFM Santa Fe Minerals 0.043 0% -2% -51% $3,131,208
SSR SSR Mining Inc. 17.82 -20% -14% -18% $405,324,305
PNR Pantoro Limited 0.04 0% 5% -70% $166,528,976
CMM Capricorn Metals 4.595 0% 12% 29% $1,744,445,932
X64 Ten Sixty Four Ltd 0.57 0% 0% 0% $130,184,182
SI6 SI6 Metals Limited 0.006 9% -14% 0% $9,969,297
HAW Hawthorn Resources 0.093 -2% 1% 11% $33,166,546
BGD Bartongoldholdings 0.245 4% 17% 75% $47,900,880
SVY Stavely Minerals Ltd 0.067 -8% -11% -54% $25,667,471
AGC AGC Ltd 0.065 0% 7% -6% $6,300,000
RGL Riversgold 0.009 -10% -31% -80% $8,561,353
TSO Tesoro Gold Ltd 0.021 11% 5% -34% $21,072,251
OKR Okapi Resources 0.13 0% -16% -38% $28,361,612
CPM Coopermetalslimited 0.12 0% 0% -65% $6,386,118
MM8 Medallion Metals. 0.055 -5% -18% -66% $16,613,189
AUT Auteco Minerals 0.032 7% 0% -29% $167,443,108
CBY Canterbury Resources 0.023 -15% -15% -48% $3,324,041
LYN Lycaonresources 0.17 -15% -35% -37% $8,013,750
SFR Sandfire Resources 6.35 7% 2% 70% $2,737,384,500
NCM Newcrest Mining 23.35 0% 2% 40% $20,880,287,592
TMZ Thomson Res Ltd 0.005 0% 0% -72% $4,881,018
TAM Tanami Gold NL 0.038 9% 3% -5% $39,953,300
WMC Wiluna Mining Corp 0.205 0% 0% 0% $74,238,031
NWM Norwest Minerals 0.0305 -15% 2% -40% $8,770,870
ALK Alkane Resources Ltd 0.605 3% -1% -5% $355,785,642
BMO Bastion Minerals 0.019 12% -5% -68% $3,973,950
IDA Indiana Resources 0.052 2% -16% -4% $30,621,853
GSM Golden State Mining 0.0195 3% -50% -50% $3,630,677
NSM Northstaw 0.049 36% 44% -57% $5,285,588
GSN Great Southern 0.023 0% -4% -54% $15,847,339
RED Red 5 Limited 0.3 -5% 11% 82% $1,055,967,721
DEG De Grey Mining 1.145 -1% 2% 2% $2,086,950,633
THR Thor Energy PLC 0.027 0% -29% -66% $4,761,086
CDR Codrus Minerals Ltd 0.064 5% -9% 7% $5,584,000
MDI Middle Island Res 0.016999 -14% -10% -68% $2,391,077
BAT Battery Minerals Ltd 0.047 -6% 57% -65% $5,621,411
POL Polymetals Resources 0.3 0% -12% 50% $45,300,367
RDS Redstone Resources 0.007 17% -13% 0% $6,099,649
NAG Nagambie Resources 0.029 32% 38% -63% $11,634,526
BGL Bellevue Gold Ltd 1.3525 -4% -3% 76% $1,602,862,765
GBR Greatbould Resources 0.063 -5% 17% -30% $30,462,704
KAI Kairos Minerals Ltd 0.016 -20% -24% -41% $41,934,595
KAU Kaiser Reef 0.17 0% -3% 3% $25,139,129
HRZ Horizon 0.035 -5% -3% -41% $25,936,396
CAI Calidus Resources 0.19 19% 23% -50% $118,996,216
CDT Castle Minerals 0.011 0% 10% -52% $12,345,301
RSG Resolute Mining 0.365 6% 6% 109% $777,103,255
MXR Maximus Resources 0.038 -3% 31% -10% $12,183,019
EVN Evolution Mining Ltd 3.495 -2% 7% 67% $6,466,887,215
CXU Cauldron Energy Ltd 0.01 11% -15% -5% $8,762,118
DLI Delta Lithium 0.595 3% -23% 16% $312,252,304
ALY Alchemy Resource Ltd 0.012 20% 9% -65% $11,780,763
HXG Hexagon Energy 0.009 13% 0% -36% $4,103,327
OBM Ora Banda Mining Ltd 0.155 19% 55% 96% $264,343,955
SLR Silver Lake Resource 1.06 9% 24% -10% $995,502,715
AVW Avira Resources Ltd 0.002 33% 0% -33% $4,267,580
LCY Legacy Iron Ore 0.017 0% 6% 0% $108,916,045
PDI Predictive Disc Ltd 0.23 7% 18% 48% $475,696,140
MAT Matsa Resources 0.032 -6% 10% -18% $15,697,243
ZAG Zuleika Gold Ltd 0.016 14% 45% -27% $7,845,759
GML Gateway Mining 0.022 -8% -24% -65% $5,859,338
SBM St Barbara Limited 0.185 -14% -3% -17% $147,234,668
SBR Sabre Resources 0.04 -17% 5% 0% $11,367,961
STK Strickland Metals 0.155 57% 121% 223% $176,126,071
SAU Southern Gold 0.015 15% 25% -46% $7,294,279
CEL Challenger Gold Ltd 0.085 6% 9% -47% $100,508,684
LRL Labyrinth Resources 0.006 20% 0% -65% $7,125,262
NST Northern Star 11.58 -4% 10% 29% $13,307,980,523
OZM Ozaurum Resources 0.098 10% 2% 31% $13,652,500
TG1 Techgen Metals Ltd 0.023 -23% -21% -81% $1,774,870
XAM Xanadu Mines Ltd 0.066 0% -12% 136% $103,182,924
AQI Alicanto Min Ltd 0.048 -2% 7% 45% $28,803,330
KTA Krakatoa Resources 0.027 23% 13% -56% $11,307,346
ARN Aldoro Resources 0.094 -5% 8% -68% $12,654,632
WGX Westgold Resources. 2.01 2% 17% 164% $1,004,080,188
MBK Metal Bank Ltd 0.03 -6% -23% 1% $11,138,415
A8G Australasian Metals 0.17 -6% -11% -26% $8,860,484
TAR Taruga Minerals 0.0105 17% -5% -64% $7,413,281
DTR Dateline Resources 0.011 10% -21% -84% $10,625,314
GOR Gold Road Res Ltd 1.81 -1% 10% 31% $2,002,700,142
S2R S2 Resources 0.185 -3% 6% 37% $75,866,932
NES Nelson Resources. 0.004 0% -33% -43% $2,454,377
TLM Talisman Mining 0.14 -3% 4% 8% $28,248,052
BEZ Besragoldinc 0.1225 -23% -21% 196% $50,172,109
PRU Perseus Mining Ltd 1.685 -2% 2% -10% $2,328,190,905
SPQ Superior Resources 0.025 9% 4% -58% $47,698,398
PUR Pursuit Minerals 0.011 22% 22% 10% $26,495,743
RMS Ramelius Resources 1.61 -5% 12% 98% $1,857,573,333
PKO Peako Limited 0.005 0% -17% -69% $2,635,424
ICG Inca Minerals Ltd 0.018 -10% 6% -38% $8,370,796
A1G African Gold Ltd. 0.038 -5% -7% -64% $6,772,448
OAU Ora Gold Limited 0.0075 7% -6% 50% $33,521,249
GNM Great Northern 0.021 5% -13% -65% $3,092,582
KRM Kingsrose Mining Ltd 0.049 -2% 2% -11% $37,626,326
BTR Brightstar Resources 0.011 5% 0% -45% $21,074,167
RRL Regis Resources 1.7475 2% 16% 10% $1,310,512,832
M24 Mamba Exploration 0.029 -17% -45% -78% $1,768,517
TRM Truscott Mining Corp 0.063 0% 9% 85% $10,402,024
TNC True North Copper 0.145 0% -22% 174% $37,677,010
MOM Moab Minerals Ltd 0.007 0% -13% -36% $4,983,744
KNB Koonenberrygold 0.036 -16% -20% -54% $4,550,465
AWJ Auric Mining 0.064 33% 52% -4% $7,851,575
AZS Azure Minerals 4.03 15% 42% 1480% $1,649,328,217
ENR Encounter Resources 0.375 39% 23% 134% $138,434,023
SNG Siren Gold 0.061 -10% -9% -62% $9,696,060
STN Saturn Metals 0.135 4% -10% -46% $26,609,892
USL Unico Silver Limited 0.1 1% 11% -23% $29,605,159
PNM Pacific Nickel Mines 0.099 10% 2% 38% $41,825,311
AYM Australia United Min 0.003 50% 0% -25% $5,527,732
ANL Amani Gold Ltd 0.001 0% 0% 0% $25,143,441
HAV Havilah Resources 0.24 4% -3% -23% $72,827,018
SPR Spartan Resources 0.41 3% -4% 117% $351,153,334
PNT Panthermetalsltd 0.073 -3% -9% -60% $4,463,950
MEK Meeka Metals Limited 0.038 -10% 0% -32% $41,508,563
GMD Genesis Minerals 1.445 -1% 4% 26% $1,506,044,755
PGO Pacgold 0.215 -9% 13% -45% $18,006,402
FEG Far East Gold 0.15 -6% -6% -75% $27,090,932
MI6 Minerals260Limited 0.33 -11% -28% 3% $78,390,000
IGO IGO Limited 9.765 -9% -23% -35% $7,080,454,052
GAL Galileo Mining Ltd 0.305 -5% -26% -73% $60,275,603
RXL Rox Resources 0.23 2% 2% 10% $88,207,855
KIN KIN Min NL 0.059 13% 51% -26% $65,976,431
CLZ Classic Min Ltd 0.001 0% 0% -92% $12,357,082
TGM Theta Gold Mines Ltd 0.135 8% 8% 69% $95,185,126
FAL Falconmetalsltd 0.145 7% -3% -22% $26,550,000
SXG Southern Cross Gold 0.865 -5% 7% 114% $69,342,830
SPD Southernpalladium 0.39 1% -10% -58% $16,800,548
ORN Orion Minerals Ltd 0.016 -6% -16% -16% $96,673,923
TMB Tambourahmetals 0.16 33% -11% 19% $13,685,158
TMS Tennant Minerals Ltd 0.025 -4% -14% -19% $18,985,835
AZY Antipa Minerals Ltd 0.013 18% 0% -46% $57,887,311
PXX Polarx Limited 0.008 0% -16% 14% $12,476,934
TRE Toubaniresourcesinc 0.115 -4% 15% 0% $16,063,880
AUN Aurumin 0.025 -17% 4% -70% $7,961,077
GPR Geopacific Resources 0.015 -12% 0% -71% $13,960,249
FXG Felix Gold Limited 0.05 -12% -32% -57% $5,579,201
Wordpress Table Plugin

 

Best-performing goldies over the past week

The week’s biggest gains 🚀

Strickland Metals (ASX:STK): +57%

Tietto Minerals (ASX:TIE): +44%

Encounter Resources (ASX:ENR) : +39%

North Stawell Minerals (ASX:NSM) : +36%

Nagambie Resources (ASX:NAG): +32%

 

This week’s gilt-edged head turners 

Which ASX goldies have beaut stories to share this week? Plenty. In no particular preferential order, let’s start with…

Tietto Minerals (ASX:TIE) After ramp-up blues, will Chinese premium be enough to satisfy the board and shareholders of Tietto Minerals? Read more > here And… late-breaking news from Josh on this > here

Strickland Metals (ASX:STK) has now commenced diamond drilling to test what it believes could be a concealed gold deposit – dubbed Marwari. Hole MWDD001 was completed yesterday, extending a further 111m from initial planned depth, Strickland has revealed. Read more > here

Nagambie Resources (ASX:NAG) came off a trading halt today after delivering its annual report to the ASX. Earlier this month, NAG noted that the average stope grade at its 100%-owned namesake antimony-gold mine in Victoria is now 5.6% Sb, making the discovery “the highest-grade antimony mineralisation in Australia”. Read more > here.

Magnetic Resources (ASX:MAU): Explorer Magnetic Resources has backed up its recent drilling success at Lady Julie with confirmation the best zones are still open at depth. Read more > here

Titan Minerals (ASX:TTM): A maiden JORC-compliant resource of 3.12Moz gold and 21.98Moz silver for the Dynasty project in southern Ecuador headlined a pivotal quarter for the company. Read more > here

Tempus Resources (ASX:TMR) has released the resource estimate for its Elizabeth gold project in Canada of 317,200t at 5.97g/t gold for 60,900oz. Read more > here

Diablo Resources (ASX:DBO) has flagged some solid gold and copper hits from the maiden RC drilling program at its Devils Canyon project in Nevada, USA. Read more > here

Desoto Resources’ (ASX:DES) hunt for a tier 1 discovery at its Fenton project in the NT is off to a strong start, with maiden drilling showing the potential for a 2km-long gold zone. Read more >here

Ora Banda (ASX:OBM) says high grade intercepts have unveiled the potential for the Sand King deposit to become the second underground gold mine at its Davyhurst gold project in WA. Read more > here

First Au (ASX:FAU) received statutory endorsement from Earth Resources and Regulation (ERR) this week, for its work plan in relation to the proposed bulk sampling at the Snowstorm Gold Project in East Gippsland, Victoria. Read more > here

West Wits Mining (ASX:WWI): Investors have demonstrated their support for West Wits’ push to develop its Qala Shallows gold project by backing a $1.2m placement. Read more > here

Native Mineral Resources (ASX:NMR): A pivotal agreement with Ashby Mining could launch Native Mineral Resources from junior explorer to near-term gold producer at the Far Fanning and Black Jack deposits near Charters Towers, QLD. Read more >here

CGN Resources (ASX:CGR): This newly listed iron-oxide-copper-gold (IOCG) and carbonatite explorer is looking to replicate the success of its northern neighbour WA1 Resources (ASX:WA1). Read more > here.

Antilles Gold (ASX:AAU): During the quarter AR1 continued to focus on extending copper mine life at its Mt Isa copper cathode operations in QLD as the flagship Anthill campaign is set to conclude in March 2025. Read more > here

Emerald Resources (ASX:EMR): On a 120% gain this year to date, $1.6 billion Cambodian gold miner Emerald Resources walks into ASX 200. Read more >here

Maximus Resources (ASX:MXR): RC drilling at Maximus’ Kandui prospect and Hilditch gold project has intersected lithium, nickel and gold. Read more >here

Warriedar Resources (ASX:WA8): Independent Investment Research note flags discovery potential at WA8’s historic projects in WA. More > here and here

Spartan Resources (ASX:SPR): Drilling at Spartan’s non-core Glenburgh and Egerton gold projects return high-grade hits. Read more > here

Golden Mile Resources (ASX:G88): Metallurgical testing at the flagship 26.3Mt Quicksilver nickel-cobalt project in WA is indicating opportunities for producing a range of high-value concentrates. Read more > here

Indiana Resources (ASX:IDA) has resumed its gold, rare earths and base metals hunt in South Australia’s Gawler Craton following a $3.8m cap raise. Read more > here

 

 

Note: Several of the stocks listed in this article are Stockhead advertisers at the time of writing, however, none of them sponsored this article.

 

Read MoreGold

Featured Companies

You might be interested in