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Gold Digger: Sizzling oil prices suggest gold will hit US$2000/oz soon
Mining
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Gold is re-starting its bull rally as two major obstacles — higher US Treasury yields and Bitcoin — fizzle.
“Strong headwinds from parabolic Bitcoin and rising bond yields appear to have run their course,” Bloomberg Intelligence senior commodity strategist Mike McGlone said in a note.
“Weaker-than-consensus April and May U.S. unemployment reports [also] support our key takeaway that gold and silver are ripe to resume their bull markets.
“About $US2,000 is key gold resistance, which we expect to eventually be breached.”
Oil prices indicate gold is due a breakout
Gold and oil usually (not always) rise and fall in loose tandem.
The belief is that rising oil prices push up inflation, increasing demand for gold as an investment hedge.
Right now, gold is running at “an unsustainably steep discount” to crude oil which is booming, according to Bloomberg Intelligence.
“It’s the battle between the most significant commodity with low elasticity of supply, gold, vs. a highest, crude oil, and we expect trend resumption favouring the metal,” McGlone says.
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 |
|---|---|---|---|---|---|---|---|
| TRN | Torrens Mining | 77 | 90 | 0.275 | $ 18,418,033.26 | ||
| STK | Strickland Metals | 32 | 78 | -2 | 181 | 0.041 | $ 27,204,343.76 |
| XTC | Xantippe Res | 25 | 0 | 0 | 0 | 0.0025 | $ 10,186,411.01 |
| ADN | Andromeda Metals | 25 | 35 | -14 | 310 | 0.25 | $ 561,789,235.02 |
| SPQ | Superior Resources | 18 | 13 | -24 | 160 | 0.013 | $ 16,576,029.49 |
| FFX | Firefinch | 17 | 14 | 193 | 340 | 0.44 | $ 333,642,100.30 |
| MM8 | Medallion Metals. | 17 | 35 | 0.345 | $ 25,659,005.12 | ||
| THR | Thor Mining PLC | 17 | 40 | 17 | 250 | 0.021 | $ 11,796,977.64 |
| PUA | Peak Minerals | 15 | 5 | -26 | 64 | 0.023 | $ 13,523,458.34 |
| RED | Red 5 Limited | 15 | -5 | -17 | -32 | 0.195 | $ 434,069,800.70 |
| ADT | Adriatic Metals | 14 | 11 | 39 | 100 | 2.84 | $ 517,169,492.76 |
| PKO | Peako Limited | 14 | 11 | 68 | 246 | 0.042 | $ 8,258,329.61 |
| IPT | Impact Minerals | 13 | 0 | -15 | 21 | 0.017 | $ 32,380,718.70 |
| ARL | Ardea Resources | 13 | 17 | 32 | 77 | 0.5825 | $ 66,388,702.64 |
| AAU | Antilles Gold | 13 | 11 | 24 | 53 | 0.071 | $ 18,424,366.92 |
| RDN | Raiden Resources | 11 | 15 | -3 | 400 | 0.03 | $ 37,581,398.61 |
| CHZ | Chesser Resources | 10 | 10 | -26 | 90 | 0.16 | $ 72,400,340.00 |
| REZ | Resourc & En Grp | 10 | -16 | -36 | 100 | 0.032 | $ 13,813,785.25 |
| VRC | Volt Resources | 9 | 40 | 218 | 67 | 0.035 | $ 83,311,483.54 |
| WWI | West Wits Mining | 9 | 16 | 62 | 755 | 0.094 | $ 123,292,963.64 |
| KTA | Krakatoa Resources | 9 | -2 | -13 | 67 | 0.06 | $ 16,179,100.00 |
| GML | Gateway Mining | 9 | 4 | -23 | 85 | 0.024 | $ 43,783,618.80 |
| MSR | Manas Res | 9 | 71 | 100 | 140 | 0.012 | $ 36,471,859.58 |
| KCC | Kincora Copper | 8 | -3 | 0.32 | $ 22,587,486.68 | ||
| SAU | Southern Gold | 8 | -11 | -27 | -47 | 0.08 | $ 16,426,314.21 |
| AL8 | Alderan Resource | 8 | -20 | -40 | -55 | 0.056 | $ 17,578,524.43 |
| MVL | Marvel Gold Limited | 8 | 4 | 8 | 135 | 0.057 | $ 30,009,999.42 |
| AQX | Alice Queen | 7 | -11 | -41 | -30 | 0.016 | $ 19,785,386.32 |
| VAN | Vango Mining | 6 | -6 | -14 | -33 | 0.067 | $ 69,231,622.67 |
| MTC | Metalstech | 6 | 104 | 21 | 65 | 0.255 | $ 39,223,497.69 |
| BBX | BBX Minerals | 6 | -4 | 0 | 150 | 0.275 | $ 115,907,252.64 |
| GSM | Golden State Mining | 6 | 48 | -8 | -29 | 0.185 | $ 13,239,737.28 |
| GWR | GWR Group | 6 | -15 | 16 | 332 | 0.285 | $ 86,294,136.26 |
| EM2 | Eagle Mountain | 5 | -2 | 189 | 590 | 1.07 | $ 210,695,355.15 |
| ADV | Ardiden | 5 | -5 | -38 | 163 | 0.0105 | $ 21,493,542.16 |
| ALK | Alkane Resources | 5 | 16 | 7 | 11 | 1.05 | $ 595,388,800.00 |
| NML | Navarre Minerals | 5 | -16 | -46 | -30 | 0.105 | $ 64,624,215.10 |
| E2M | E2 Metals | 5 | 2 | -50 | 144 | 0.33 | $ 49,552,273.98 |
| LEX | Lefroy Exploration | 4 | 50 | 574 | 558 | 1.315 | $ 151,212,180.42 |
| BNR | Bulletin Res | 4 | 6 | -11 | -14 | 0.073 | $ 12,550,515.18 |
| GTR | Gti Resources | 4 | 4 | 4 | -38 | 0.025 | $ 14,823,913.95 |
| DRE | Drednought Resources | 4 | -7 | 14 | 317 | 0.025 | $ 56,770,710.50 |
| HRZ | Horizon | 4 | 17 | 17 | 29 | 0.135 | $ 70,996,900.00 |
| HWK | Hawkstone Mng | 3 | -14 | 210 | 288 | 0.031 | $ 49,076,799.21 |
| AGC | AGC | 3 | 11 | 0.155 | $ 10,497,729.02 | ||
| AGC | AGC | 3 | 11 | 0.155 | $ 10,497,729.02 | ||
| RXL | Rox Resources | 3 | -11 | -38 | 29 | 0.031 | $ 73,287,539.49 |
| TIN | Tnt Mines Limited | 3 | -9 | -47 | -11 | 0.155 | $ 14,945,596.00 |
| PF1 | Pathfinder Resources | 3 | 47 | 17 | 0.315 | $ 15,663,119.85 | |
| WGX | Westgold Resources. | 3 | 5 | -11 | 10 | 2.27 | $ 940,958,699.40 |
| HCH | Hot Chili | 3 | 9 | -12 | 90 | 0.038 | $ 117,958,442.18 |
| BMO | Bastion Minerals | 3 | 5 | 0.2 | $ 11,490,852.00 | ||
| RND | Rand Mining | 3 | 1 | -23 | -29 | 1.435 | $ 81,617,004.04 |
| MAT | Matsa Resources | 2 | 0 | -28 | -33 | 0.083 | $ 24,329,131.37 |
| PRU | Perseus Mining | 2 | 13 | 28 | 28 | 1.46 | $ 1,704,775,049.30 |
| CBY | Canterbury Resources | 2 | -3 | -8 | 3 | 0.097 | $ 10,850,924.11 |
| CWX | Carawine Resources | 2 | -16 | -2 | 36 | 0.245 | $ 26,133,576.48 |
| AXE | Archer Materials | 2 | -4 | 35 | 25 | 0.75 | $ 165,006,678.58 |
| KRM | Kingsrose Mining | 2 | -5 | 82 | 46 | 0.06 | $ 43,800,441.12 |
| KCN | Kingsgate Consolid. | 2 | 6 | 11 | 114 | 0.9 | $ 196,816,567.80 |
| RRL | Regis Resources | 1 | -2 | -25 | -46 | 2.65 | $ 1,930,293,532.16 |
| AME | Alto Metals Limited | 1 | -9 | -4 | 28 | 0.091 | $ 40,523,376.15 |
| DCN | Dacian Gold | 1 | -18 | -18 | -41 | 0.2825 | $ 254,975,160.16 |
| MAU | Magnetic Resources | 1 | 8 | 27 | 32 | 1.51 | $ 329,215,469.90 |
| MML | Medusa Mining | 1 | 15 | 21 | 40 | 0.935 | $ 193,322,169.93 |
| RGL | Riversgold | 0 | -8 | 5 | 2 | 0.044 | $ 17,777,856.62 |
| MDI | Middle Island Res | 0 | -23 | -62 | -71 | 0.1 | $ 12,119,403.98 |
| KWR | Kingwest Resources | 0 | -8 | -43 | -35 | 0.092 | $ 18,182,447.19 |
| MRZ | Mont Royal Resources | 0 | -17 | 0 | 71 | 0.3 | $ 11,363,014.50 |
| TMX | Terrain Minerals | 0 | 0 | -17 | 100 | 0.01 | $ 6,621,849.08 |
| SBR | Sabre Resources | 0 | -17 | -44 | 25 | 0.005 | $ 8,415,318.25 |
| BTR | Brightstar Resources | 0 | 0 | -35 | 600 | 0.035 | $ 15,391,276.74 |
| SI6 | SI6 Metals Limited | 0 | 0 | -72 | 200 | 0.012 | $ 15,325,862.90 |
| DLC | Delecta Limited | 0 | 0 | 0 | 20 | 0.006 | $ 6,051,727.23 |
| HAW | Hawthorn Resources | 0 | 4 | -43 | -49 | 0.052 | $ 17,342,811.88 |
| AWV | Anova Metals | 0 | 0 | -19 | -9 | 0.021 | $ 30,094,978.20 |
| GED | Golden Deeps | 0 | 9 | -14 | 50 | 0.012 | $ 9,298,217.28 |
| GBZ | GBM Rsources | 0 | 12 | 0 | 109 | 0.14 | $ 60,654,465.48 |
| OKU | Oklo Resources | 0 | -4 | -43 | -55 | 0.125 | $ 60,483,577.44 |
| RML | Resolution Minerals | 0 | -11 | -37 | -67 | 0.024 | $ 10,744,310.74 |
| ENR | Encounter Resources | 0 | 21 | -3 | 35 | 0.175 | $ 56,836,174.14 |
| AWJ | Auric Mining | 0 | -9 | 0.155 | $ 6,276,389.89 | ||
| AUC | Ausgold Limited | 0 | 16 | 13 | 183 | 0.051 | $ 77,682,127.51 |
| NVA | Nova Minerals | 0 | 0 | -12 | 142 | 0.145 | $ 257,756,730.29 |
| ARN | Aldoro Resources | 0 | 5 | 139 | 353 | 0.335 | $ 28,110,671.05 |
| BRV | Big River Gold | 0 | 10 | -4 | 52 | 0.4 | $ 87,732,281.20 |
| MCT | Metalicity Limited | 0 | -8 | -33 | -14 | 0.012 | $ 21,492,768.85 |
| AYM | Australia United Min | 0 | -22 | -22 | 250 | 0.007 | $ 12,898,042.40 |
| CTO | Citigold Corp | 0 | 0 | -15 | 120 | 0.011 | $ 30,580,000.00 |
| NPM | Newpeak Metals | 0 | -20 | -33 | -33 | 0.002 | $ 11,408,322.60 |
| MLS | Metals Australia | 0 | -33 | 33 | 100 | 0.002 | $ 8,454,376.09 |
| LNY | Laneway Res | 0 | 0 | -29 | 25 | 0.005 | $ 18,875,329.67 |
| KGM | Kalnorth Gold | 0 | 0 | 0 | 63 | 0.013 | $ 11,625,120.78 |
| DDD | 3D Resources Limited | 0 | 0 | 34 | 102 | 0.005 | $ 19,401,860.46 |
| FML | Focus Minerals | 0 | -3 | -13 | 26 | 0.29 | $ 52,083,341.03 |
| MBK | Metal Bank | 0 | -9 | -17 | 16 | 0.01 | $ 10,701,614.74 |
| A8G | Australasian Gold | 0 | 0.17 | $ 5,463,965.27 | |||
| GOR | Gold Road Res | 0 | 7 | 25 | 1 | 1.505 | $ 1,272,872,521.91 |
| HMX | Hammer Metals | 0 | 16 | 214 | 224 | 0.11 | $ 84,698,514.50 |
| TMZ | Thomson Res | 0 | 21 | 48 | 529 | 0.145 | $ 67,160,738.95 |
| TNR | Torian Resources | 0 | -42 | 14 | 23 | 0.033 | $ 27,820,388.86 |
| AVW | Avira Resources | 0 | -14 | -25 | 100 | 0.006 | $ 8,250,240.00 |
| DCX | Discovex Res | 0 | 8 | -7 | 18 | 0.0065 | $ 16,696,316.49 |
| NST | Northern Star | 0 | 1 | -7 | -12 | 11.45 | $ 12,809,502,134.19 |
| NCM | Newcrest Mining | -1 | -1 | 3 | -2 | 27.885 | $ 22,467,293,633.08 |
| TBR | Tribune Res | -1 | -2 | -17 | -23 | 4.96 | $ 270,210,596.55 |
| WRM | White Rock Min | -1 | 34 | 14 | 21 | 0.605 | $ 52,373,849.58 |
| CYL | Catalyst Metals | -1 | -5 | -23 | -27 | 1.98 | $ 194,134,052.93 |
| BNZ | Benzmining | -1 | 11 | 0.9 | $ 34,136,451.90 | ||
| HXG | Hexagon Energy | -1 | -22 | 28 | 48 | 0.086 | $ 37,911,175.30 |
| GUL | Gullewa Limited | -1 | 0 | -18 | 32 | 0.086 | $ 15,684,086.60 |
| LCL | Los Cerros Limited | -1 | -7 | 73 | 342 | 0.1725 | $ 80,494,580.44 |
| OZM | Ozaurum Resources | -2 | 5 | 0.1575 | $ 8,193,150.00 | ||
| AAJ | Aruma Resources | -2 | -3 | -30 | 5 | 0.063 | $ 6,675,538.40 |
| G88 | Golden Mile Res | -2 | -32 | 22 | 50 | 0.06 | $ 8,401,099.68 |
| M24 | Mamba Exploration | -2 | 13 | 0.255 | $ 9,250,000.00 | ||
| ZNC | Zenith Minerals | -2 | -14 | 75 | 188 | 0.245 | $ 70,646,407.20 |
| PNM | Pacific Nickel Mines | -2 | -2 | -16 | 29 | 0.049 | $ 10,529,856.76 |
| CST | Castile Resources | -2 | -10 | -15 | 74 | 0.235 | $ 46,931,878.44 |
| SBM | St Barbara Limited | -2 | -11 | -25 | -39 | 1.84 | $ 1,277,982,939.15 |
| KSN | Kingston Resources | -2 | 12 | -23 | 48 | 0.23 | $ 65,259,497.58 |
| MKG | Mako Gold | -2 | -14 | -25 | 22 | 0.09 | $ 23,666,227.38 |
| TBA | Tombola Gold | -2 | -8 | -4 | 38 | 0.044 | $ 24,389,014.28 |
| MEU | Marmota Limited | -2 | -2 | -6 | -20 | 0.044 | $ 43,584,016.05 |
| AMI | Aurelia Metals | -2 | -5 | 0 | -9 | 0.41 | $ 506,243,348.75 |
| RMS | Ramelius Resources | -3 | 2 | 17 | 15 | 1.9 | $ 1,485,581,510.45 |
| IDA | Indiana Resources | -3 | -13 | 31 | 212 | 0.077 | $ 23,769,617.87 |
| ZAG | Zuleika Gold | -3 | 3 | -38 | 41 | 0.038 | $ 15,173,454.80 |
| PGD | Peregrine Gold | -3 | 0 | 0.36 | $ 9,876,647.76 | ||
| KAI | Kairos Minerals | -3 | 29 | -8 | 48 | 0.036 | $ 58,676,435.09 |
| AZS | Azure Minerals | -3 | -18 | -64 | 222 | 0.2675 | $ 81,642,716.07 |
| BCN | Beacon Minerals | -3 | 3 | 5 | 5 | 0.035 | $ 129,006,941.22 |
| GRL | Godolphin Resources | -3 | -8 | -35 | -6 | 0.17 | $ 14,298,771.74 |
| CAI | Calidus Resources | -3 | 25 | -7 | 3 | 0.495 | $ 193,965,248.30 |
| LCY | Legacy Iron Ore | -3 | 3 | 121 | 417 | 0.0155 | $ 96,071,077.76 |
| SVL | Silver Mines Limited | -3 | 7 | 55 | 213 | 0.31 | $ 347,040,797.74 |
| CMM | Capricorn Metals | -3 | 4 | 22 | 20 | 1.995 | $ 693,038,568.42 |
| KAU | Kaiser Reef | -3 | 3 | -27 | 15 | 0.3 | $ 28,558,464.43 |
| EMR | Emerald Res NL | -3 | 5 | 60 | 110 | 1.03 | $ 530,859,123.21 |
| AGS | Alliance Resources | -3 | -9 | -15 | 1 | 0.145 | $ 30,162,484.43 |
| KZR | Kalamazoo Resources | -3 | -4 | -23 | -30 | 0.43 | $ 57,394,523.79 |
| CAZ | Cazaly Resources | -3 | 0 | 12 | 90 | 0.057 | $ 19,586,853.15 |
| STN | Saturn Metals | -3 | 1 | -37 | -18 | 0.425 | $ 47,797,416.75 |
| EVN | Evolution Mining | -3 | 0 | 4 | -4 | 5.08 | $ 8,440,815,399.90 |
| YRL | Yandal Resources | -3 | -7 | 24 | 96 | 0.56 | $ 54,398,478.18 |
| SKY | SKY Metals | -4 | -13 | -33 | -56 | 0.135 | $ 34,530,975.92 |
| BGL | Bellevue Gold | -4 | -17 | -40 | -8 | 0.805 | $ 659,334,801.51 |
| SSR | SSR Mining Inc. | -4 | 4 | -8 | 22.86 | $ 421,790,789.64 | |
| AQI | Alicanto Min | -4 | 0 | 8 | 91 | 0.13 | $ 42,622,769.93 |
| BDC | Bardoc Gold | -4 | -7 | -4 | -20 | 0.07 | $ 119,732,758.94 |
| MRR | Minrex Resources | -4 | -8 | 5 | 120 | 0.022 | $ 12,125,015.21 |
| WMX | Wiluna Mining Corp | -4 | 1 | -35 | -40 | 0.99 | $ 154,321,519.95 |
| PNR | Pantoro Limited | -4 | 0 | 0 | 5 | 0.22 | $ 309,847,610.16 |
| TTM | Titan Minerals | -4 | 0 | -8 | 69 | 0.11 | $ 131,037,029.91 |
| AAR | Anglo Australian | -4 | -13 | -39 | -31 | 0.086 | $ 50,654,721.02 |
| BAR | Barra Resources | -5 | -13 | -28 | 24 | 0.021 | $ 14,907,378.22 |
| IVR | Investigator Res | -5 | 8 | 94 | 518 | 0.105 | $ 131,070,714.09 |
| NUS | Nusantara Resources | -5 | 19 | 2 | -2 | 0.315 | $ 72,220,997.21 |
| TLM | Talisman Mining | -5 | 5 | 110 | 83 | 0.21 | $ 41,058,244.70 |
| FFR | Firefly Resources | -5 | -5 | -28 | 201 | 0.1 | $ 30,733,953.00 |
| BAT | Battery Minerals | -5 | 0 | -5 | 233 | 0.02 | $ 40,825,470.82 |
| AOP | Apollo Consolidated | -5 | -11 | -11 | -2 | 0.285 | $ 82,541,868.15 |
| NWM | Norwest Minerals | -5 | 18 | 0 | -49 | 0.094 | $ 9,795,616.11 |
| CEL | Challenger Exp | -5 | -22 | 30 | 12 | 0.28 | $ 198,244,136.44 |
| GMN | Gold Mountain | -5 | -8 | -10 | -26 | 0.037 | $ 28,405,822.19 |
| RSG | Resolute Mining | -5 | 0 | -26 | -49 | 0.545 | $ 574,024,207.12 |
| BRB | Breaker Res NL | -5 | -8 | -10 | -24 | 0.175 | $ 55,392,957.93 |
| TAM | Tanami Gold NL | -5 | -19 | -12 | 30 | 0.069 | $ 84,606,987.31 |
| CGN | Crater Gold Min | -6 | -6 | -11 | 89 | 0.017 | $ 20,867,429.74 |
| CHN | Chalice Mining | -6 | 10 | 106 | 762 | 8.66 | $ 2,951,756,414.43 |
| DGO | DGO Gold Limited | -6 | -5 | 17 | 25 | 3.38 | $ 246,398,355.80 |
| TIE | Tietto Minerals | -6 | 14 | -23 | -20 | 0.33 | $ 150,541,200.48 |
| DEX | Duke Exploration | -6 | 5 | 4 | 0.41 | $ 22,023,009.02 | |
| MGV | Musgrave Minerals | -6 | 9 | -5 | -2 | 0.405 | $ 218,621,409.09 |
| FAU | First Au | -6 | -20 | -6 | 23 | 0.016 | $ 9,834,060.06 |
| ONX | Orminex | -6 | -13 | 92 | 17 | 0.048 | $ 26,845,766.47 |
| PRS | Prospech Limited | -6 | 14 | -32 | 0 | 0.16 | $ 10,403,294.24 |
| GBR | Greatbould Resources | -6 | -22 | 105 | 279 | 0.094 | $ 33,178,800.33 |
| CDT | Castle Minerals | -6 | 7 | 67 | 67 | 0.015 | $ 10,987,512.27 |
| ALY | Alchemy Resource | -6 | -12 | -12 | 18 | 0.015 | $ 9,411,408.34 |
| MOH | Moho Resources | -6 | -6 | -25 | -1 | 0.075 | $ 7,745,655.15 |
| ERM | Emmerson Resources | -6 | 4 | -6 | -34 | 0.073 | $ 36,371,409.70 |
| NSM | Northstaw | -6 | -6 | -36 | 0.29 | $ 11,800,000.00 | |
| SLR | Silver Lake Resource | -7 | -10 | -1 | -9 | 1.76 | $ 1,494,270,158.93 |
| CY5 | Cygnus Gold Limited | -7 | -7 | -22 | 122 | 0.14 | $ 15,178,813.72 |
| AGG | AngloGold Ashanti | -7 | 0 | -3 | -20 | 5.73 | $ 512,944,648.75 |
| M2R | Miramar | -7 | -19 | -41 | 0.195 | $ 8,234,366.40 | |
| CXU | Cauldron Energy | -7 | -3 | 3 | 56 | 0.039 | $ 18,239,980.48 |
| MHC | Manhattan Corp | -7 | -19 | -54 | 8 | 0.013 | $ 19,841,623.01 |
| CLA | Celsius Resource | -7 | -15 | -11 | 225 | 0.039 | $ 39,794,667.08 |
| SLZ | Sultan Resources | -7 | -10 | 11 | 79 | 0.26 | $ 18,078,941.14 |
| TRM | Truscott Mining Corp | -7 | -4 | 39 | 92 | 0.025 | $ 3,423,538.60 |
| SIH | Sihayo Gold Limited | -8 | -14 | -33 | -22 | 0.012 | $ 44,225,536.96 |
| NXM | Nexus Minerals | -8 | -17 | -41 | 66 | 0.083 | $ 20,752,892.04 |
| GIB | Gibb River Diamonds | -8 | 8 | -60 | 75 | 0.07 | $ 15,228,680.04 |
| PUR | Pursuit Minerals | -8 | 38 | 281 | 1127 | 0.08 | $ 73,750,713.28 |
| NES | Nelson Resources. | -8 | -36 | -28 | 23 | 0.057 | $ 8,291,971.94 |
| BC8 | Black Cat Syndicate | -8 | -11 | 0 | 9 | 0.68 | $ 93,624,750.45 |
| WAF | West African Res | -8 | -2 | 9 | 6 | 1.005 | $ 847,840,792.32 |
| SMI | Santana Minerals | -8 | -24 | -39 | -48 | 0.11 | $ 12,543,589.96 |
| XAM | Xanadu Mines | -8 | -32 | 33 | 2 | 0.044 | $ 53,991,563.25 |
| AUT | Auteco Minerals | -9 | -9 | -12 | 69 | 0.086 | $ 143,377,388.50 |
| DEG | De Grey Mining | -9 | -3 | 39 | 126 | 1.435 | $ 1,815,845,970.71 |
| NMR | Native Mineral Res | -9 | -13 | -50 | 0.265 | $ 8,572,016.25 | |
| SVY | Stavely Minerals | -9 | -22 | -39 | -12 | 0.52 | $ 138,309,569.56 |
| MZZ | Matador Mining | -9 | 26 | 56 | 81 | 0.515 | $ 92,097,620.68 |
| RMX | Red Mount Min | -9 | 0 | -17 | 150 | 0.01 | $ 13,196,636.13 |
| GMR | Golden Rim Resources | -9 | -5 | 0 | 25 | 0.01 | $ 28,038,671.63 |
| PAK | Pacific American Hld | -9 | -13 | -9 | 100 | 0.02 | $ 6,371,698.00 |
| A1G | African Gold . | -9 | -4 | 11 | 167 | 0.25 | $ 25,594,196.32 |
| PDI | Predictive Disc | -9 | 9 | 79 | 15 | 0.1 | $ 126,849,175.50 |
| RVR | Red River Resources | -9 | -1 | -13 | 156 | 0.2225 | $ 113,910,360.74 |
| S2R | S2 Resources | -9 | -19 | -19 | 26 | 0.145 | $ 44,084,765.06 |
| VMC | Venus Metals Cor | -10 | 9 | -17 | 12 | 0.19 | $ 30,971,130.02 |
| GSN | Great Southern | -10 | -11 | -31 | -53 | 0.047 | $ 21,385,959.74 |
| DTM | Dart Mining NL | -10 | -7 | -28 | 86 | 0.14 | $ 13,992,366.64 |
| NAG | Nagambie Resources | -10 | -17 | 47 | -3 | 0.063 | $ 31,495,737.80 |
| TSC | Twenty Seven Co. | -10 | -10 | -25 | -25 | 0.0045 | $ 10,642,758.24 |
| ICG | Inca Minerals | -10 | 13 | 141 | 603 | 0.135 | $ 53,446,112.59 |
| TSO | Tesoro Resources | -10 | -21 | -44 | 110 | 0.1575 | $ 74,928,602.25 |
| MEI | Meteoric Resources | -11 | -9 | -19 | 168 | 0.051 | $ 68,369,160.03 |
| MTH | Mithril Resources | -11 | -6 | -16 | 14 | 0.016 | $ 35,253,495.62 |
| WCN | White Cliff Min | -11 | -11 | -38 | 60 | 0.016 | $ 8,275,142.38 |
| BYH | Bryah Resources | -11 | -18 | 8 | 19 | 0.07 | $ 11,185,376.07 |
| ARV | Artemis Resources | -11 | -35 | -54 | 59 | 0.062 | $ 69,342,623.34 |
| VKA | Viking Mines | -12 | 3 | -9 | 285 | 0.03 | $ 31,659,011.36 |
| SFM | Santa Fe Minerals | -12 | -9 | -6 | 47 | 0.088 | $ 6,408,053.43 |
| MKR | Manuka Resources. | -12 | -10 | -17 | 0.36 | $ 34,704,884.52 | |
| OBM | Ora Banda Mining | -12 | -8 | -35 | -33 | 0.18 | $ 143,177,732.69 |
| DTR | Dateline Resources | -13 | -4 | 92 | 92 | 0.096 | $ 36,644,291.40 |
| PRX | Prodigy Gold NL | -13 | -4 | 0 | -4 | 0.048 | $ 27,870,125.09 |
| HRN | Horizon Gold | -13 | 16 | 2 | 91 | 0.43 | $ 45,877,566.88 |
| SRN | Surefire Rescs NL | -14 | -24 | -57 | 375 | 0.019 | $ 20,780,497.79 |
| ASO | Aston Minerals | -14 | 23 | 400 | 414 | 0.19 | $ 176,526,524.37 |
| MEG | Megado | -14 | -24 | -29 | 0.125 | $ 5,303,843.74 | |
| SNG | Siren Gold | -15 | 26 | -64 | 0.29 | $ 17,062,288.10 | |
| OKR | Okapi Resources | -15 | -5 | -2 | 43 | 0.2 | $ 10,669,726.20 |
| PNX | PNX Metals Limited | -15 | 21 | 21 | -6 | 0.0085 | $ 32,869,741.60 |
| ANX | Anax Metals | -15 | -15 | 33 | 233 | 0.085 | $ 30,115,814.54 |
| OAU | Ora Gold Limited | -17 | -13 | -9 | 33 | 0.02 | $ 18,526,094.88 |
| NAE | New Age Exploration | -19 | -28 | 8 | 160 | 0.013 | $ 18,220,057.83 |
| RDS | Redstone Resources | -20 | 45 | 23 | 129 | 0.016 | $ 11,503,985.01 |
| TRY | Troy Resources | -20 | -49 | -61 | -59 | 0.036 | $ 26,514,731.88 |
| EMU | EMU NL | -21 | -39 | -33 | 82 | 0.031 | $ 14,608,463.49 |
| GNM | Great Northern | -22 | 56 | -7 | 8 | 0.014 | $ 20,553,866.59 |
| ANL | Amani Gold | -25 | -25 | 50 | 0 | 0.0015 | $ 18,580,495.12 |
| TAR | Taruga Minerals | -33 | -39 | 39 | 221 | 0.061 | $ 30,328,590.36 |
SMALL CAP STANDOUTS
CODA MINERALS (ASX:COD) & TORRENS MINING (ASX:TRN)
The junior joint venture partners hit 200m of “intense IOCG alteration”, including ~50m of copper sulphides in its first deep exploration hole at the ‘Elizabeth Creek’ project in South Australia.
Iron oxide copper gold ore deposits (IOCG) — like BHP’s Olympic Dam mine or more recent Oak Dam discovery — can be tremendously large, and simple-to-process concentrations of copper, gold and other economic minerals.
Renegade Exploration (ASX:RNX) will sell its ‘Yandal East’ project JV interest to fellow gold explorer Strickland for $800,000 cash, 40m shares and a 0.5% net smelter royalty on any future production.
For Strickland, this acquisition represents a major extension to its flagship ‘Horse Well project, ~30km from Northern Star’s (ASX:NST) 10moz Jundee operation.
This emerging gold producer hit thick, high grades — including 6m grading 11.34 grams per tonne (g/t) gold from 74m – at ‘Viper’, part of the flagship Morila project in Mali.
“These are outstanding results. The scale of the mineralised system at Viper continues to grow with each drillhole,” managing director Dr Michael Anderson says.
“The delineation of surface mineralisation in the southern part of the deposit will provide another source of early oxide feed as we ramp up the Morila plant.”
Commencement of mining at Viper has been “expedited” with early works already underway and mining expected to begin in the coming weeks.
