Global silver demand hit ~1.02 billion ounces in 2021, the first time it has breached 1 billion since 2015, according to the Silver Institute.

Of that, industrial demand hit a new high of 524 million ounces.

And of that, photovoltaic (solar panel) demand rose by ~13% to over 110Moz — a new high which highlights silver’s vital role in the green economy.

Uniquely for the four main precious metals, silver saw a deficit last year and is forecast to remain in deficit this year, when the gap between supply (1.09 billion ounces) and demand (1.128 billion ounces) is expected to widen further.

“The fact that green demand is forecast to grow strongly in the next few years only adds to trends in other supply and demand segments,” Metals Focus says.

“As a result, the deficit is expected to grow in the coming years … [and] has a strong likelihood of becoming structural.”

 

Silver and Solar: Making hay while the sun shines

The star of silver use in the green economy over the last decade has been photovoltaics (PV), Metals Focus says.

Installations have grown massively over the last decade, up from a modest 16GW in 2010 to 158GW in 2021.

And despite heavy thrifting – Metals Focus estimates a typical cell in 2021 would only have around 20% of the silver used in 2010 — silver in PV has risen from around 5% of total silver demand in 2010 to over 10% by 2021.

There is no sign of this importance slackening either.

“We initially expected that this would all translate into slight growth in silver use in 2022 but we have recently seen forecasts suggesting much higher installations, perhaps as much as 200GW,” Metals Focus says.

“If this were to occur, PV’s silver demand in 2022 would rise by well over 10%.”

“Thereafter however, end-use could plateau as ongoing thrifting counters still high installation figures plus the bonus from the replacement of end-of-life cells (those installed before say 2010).”

 

Silver and Automobiles: Hitting the accelerator

While silver demand in PV might start to plateau, the opposite is true for silver use in the automotive industry, Metals Focus says.

As shown in the chart above, much will stem from the recovery in vehicle production as the chip crisis eases, but total silver use is forecast to rise at a much stronger pace than mere vehicle numbers.

This is partly due to the growing adoption of things like complex infotainment systems but mostly due to the rise of EVs, which use a lot more silver than their ICE counterparts.

“Battery electric vehicles (BEVs) require much greater amounts of silver than do internal combustion engine (ICE) vehicles,” Metals Focus says.

“These areas include the two electrodes per battery (of which there can be thousands) and the powertrain’s wiring.”

“The latter needs silver (typically in a 70:30 copper-silver mix) because of the high voltages involved.”

Current estimates point to PV being roughly twice the size of automotive. That could change very soon, Metals Focus says.

“This relative importance will rapidly change in the next few years as PV plateaus and as BEVs numbers surge; it would not surprise therefore if this BEV “bonus” reaches 20% in a few years and that total automotive use becomes similar in scale to PV demand.”

 

Gold, silver maintain pricing

Gold has held steady near US$1,820 and silver at $US23/oz following the latest round of US inflation data, with large cap ASX gold stocks performing well over the last few sessions.

Both have a gained a bit over 1% year-to-date.

“Gold is still comfortably above the $1800 level and could see a strong test tomorrow if earnings season, retail sales, and consumer sentiment paint an upbeat picture about the economy,” OANDA senior market analyst Edward Moya said Friday morning EST time.

“Gold’s best environment in the short-term might be if risk appetite remains strong, but risks to the outlook continue to grow.”


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 PRICE % YEAR %SIX MONTH % ONE MONTH % WEEK MARKET CAP
NPM Newpeak Metals 0.002 -33% 0% 33% 100% $15,299,500.07
NAE New Age Exploration 0.019 46% 46% 90% 73% $22,974,382.56
ARL Ardea Resources Ltd 0.75 67% 70% 50% 63% $70,803,411.69
SFM Santa Fe Minerals 0.22 150% 156% 100% 57% $16,384,227.53
ANL Amani Gold Ltd 0.0015 50% -25% 50% 50% $34,313,346.16
MDI Middle Island Res 0.145 -59% 16% 51% 45% $17,138,551.08
PNM Pacific Nickel Mines 0.12 118% 140% 48% 43% $28,447,528.10
XTC Xantippe Res Ltd 0.0095 375% 375% 90% 36% $51,647,610.56
FAU First Au Ltd 0.012 -29% -8% 20% 33% $9,406,931.39
AM7 Arcadia Minerals 0.28 0% 60% 27% 30% $9,306,204.75
BYH Bryah Resources Ltd 0.058 -16% 0% 10% 29% $12,667,601.80
MLS Metals Australia 0.0025 25% 25% 25% 25% $10,477,114.72
SLZ Sultan Resources Ltd 0.21 2% 14% 31% 24% $13,906,877.80
AXE Archer Materials 1.33 140% 15% 17% 23% $336,691,401.52
PGD Peregrine Gold 0.72 0% 69% 97% 23% $24,191,132.40
CPM Coopermetalslimited 0.3075 0% 0% 76% 23% $8,241,100.00
ZNC Zenith Minerals Ltd 0.355 209% 31% 58% 22% $93,903,204.95
BTR Brightstar Resources 0.059 -18% 103% 26% 20% $32,811,652.14
BNR Bulletin Res Ltd 0.09 25% 53% 18% 20% $24,702,624.35
MRZ Mont Royal Resources 0.395 52% 58% 0% 20% $23,042,700.65
PF1 Pathfinder Resources 0.34 19% 6% 17% 19% $19,123,563.60
SKY SKY Metals Ltd 0.125 -36% 25% 25% 19% $45,214,016.40
WCN White Cliff Min Ltd 0.025 -11% 108% 56% 19% $13,050,320.78
TNR Torian Resources Ltd 0.026 -7% 0% 44% 18% $23,980,926.05
TAR Taruga Minerals 0.048 -4% -6% 23% 17% $23,554,760.28
LNY Laneway Res Ltd 0.007 0% 40% 17% 17% $29,981,461.53
DDD 3D Resources Limited 0.0035 -15% -13% 0% 17% $13,581,302.32
GSM Golden State Mining 0.098 -46% -41% 18% 17% $8,308,798.50
RDS Redstone Resources 0.015 0% 15% 15% 15% $11,503,985.01
TBA Tombola Gold Ltd 0.032 -46% -20% 0% 14% $23,948,903.55
BMR Ballymore Resources 0.205 0% 0% -5% 14% $13,226,054.58
IDA Indiana Resources 0.066 10% -6% 10% 14% $27,401,658.48
LCL Los Cerros Limited 0.125 4% -31% -4% 14% $86,142,332.93
S2R S2 Resources 0.21 8% 45% 8% 14% $76,620,593.83
PNR Pantoro Limited 0.38 62% 77% 12% 13% $591,989,453.16
KCN Kingsgate Consolid. 2.13 124% 163% 21% 13% $482,478,587.54
ADN Andromeda Metals Ltd 0.215 -30% 30% 26% 13% $534,001,314.89
XAM Xanadu Mines Ltd 0.0305 -24% -15% 17% 13% $36,644,334.75
SIH Sihayo Gold Limited 0.009 -55% -18% 29% 13% $33,169,152.72
TSC Twenty Seven Co. Ltd 0.0045 -25% 0% 0% 13% $11,973,662.57
OAU Ora Gold Limited 0.018 -14% 0% 38% 13% $17,684,020.24
DEG De Grey Mining 1.26 23% 4% 8% 12% $1,680,676,112.38
LM8 Lunnonmetalslimited 0.535 0% 19% 30% 11% $40,981,083.46
AAJ Aruma Resources Ltd 0.088 -16% 44% 31% 11% $10,580,766.25
AMI Aurelia Metals Ltd 0.445 2% -3% 0% 11% $550,490,123.37
GWR GWR Group Ltd 0.2 -51% -51% 90% 11% $65,267,463.14
HAW Hawthorn Resources 0.11 11% 124% 13% 11% $33,018,045.69
RGL Riversgold 0.02 -62% -43% 0% 11% $7,676,801.72
AZS Azure Minerals 0.405 -25% 72% 13% 11% $133,616,360.03
GBR Greatbould Resources 0.155 260% 76% 19% 11% $53,585,371.35
HMX Hammer Metals Ltd 0.063 62% -31% 37% 11% $49,714,672.00
GTR Gti Resources 0.0265 6% 19% 10% 10% $29,348,311.93
MTC Metalstech Ltd 0.33 124% 78% 14% 10% $54,999,314.70
AWJ Auric Mining 0.11 0% -27% 0% 10% $6,167,629.27
RRL Regis Resources 2.01 -45% -21% 10% 10% $1,509,552,596.00
A8G Australasian Metals 0.615 0% 324% 43% 10% $23,298,886.52
DTM Dart Mining NL 0.093 -48% -34% 13% 9% $12,075,620.21
SMI Santana Minerals Ltd 0.35 84% 312% 9% 9% $46,423,050.80
WWI West Wits Mining Ltd 0.035 -50% -57% 3% 9% $66,039,568.60
TSO Tesoro Resources Ltd 0.082 -72% -53% 5% 9% $43,249,241.65
BAT Battery Minerals Ltd 0.012 -45% -37% -8% 9% $29,343,307.14
MM8 Medallion Metals. 0.25 0% -2% 35% 9% $27,467,678.94
BRV Big River Gold Ltd 0.255 -31% -38% 6% 9% $54,860,613.00
MHC Manhattan Corp Ltd 0.013 -53% -7% 0% 8% $19,078,483.66
ANX Anax Metals Ltd 0.0865 88% 14% -2% 8% $31,369,546.21
PUR Pursuit Minerals 0.027 -7% -58% -4% 8% $25,529,828.24
HCH Hot Chili Ltd 1.8 -14% 9% -6% 8% $193,324,887.00
GML Gateway Mining 0.014 -58% -26% -18% 8% $31,641,489.14
GRL Godolphin Resources 0.145 -34% -19% 4% 7% $11,775,591.94
KAI Kairos Minerals Ltd 0.029 -15% 0% 16% 7% $50,537,434.84
EM2 Eagle Mountain 0.66 63% -27% 20% 7% $151,537,705.44
WAF West African Res Ltd 1.33 35% 20% -4% 7% $1,378,044,690.75
VKA Viking Mines Ltd 0.015 -61% -21% -17% 7% $14,353,618.03
NSM Northstaw 0.3 -31% -9% -2% 7% $11,837,465.00
AZL Arizona Lithium Ltd 0.1125 765% 241% 13% 7% $227,378,727.61
MEU Marmota Limited 0.046 -4% -4% 5% 7% $45,083,740.54
ERM Emmerson Resources 0.165 114% 126% 14% 6% $79,718,158.24
DGO DGO Gold Limited 2.81 -4% -24% 6% 6% $221,214,346.80
CAI Calidus Resources 0.745 52% 52% 24% 6% $304,201,410.64
TRM Truscott Mining Corp 0.034 89% -6% 13% 6% $5,166,012.50
CBY Canterbury Resources 0.088 -20% -12% 6% 6% $10,841,470.64
KRM Kingsrose Mining Ltd 0.089 112% 65% 3% 6% $70,169,732.69
VMC Venus Metals Cor Ltd 0.18 -10% -10% 3% 6% $27,194,162.94
DCN Dacian Gold Ltd 0.205 -59% -33% 24% 5% $222,440,797.92
RMS Ramelius Resources 1.5175 -6% -10% 2% 5% $1,266,382,259.14
MKG Mako Gold 0.105 -16% 24% -13% 5% $40,135,368.21
RDN Raiden Resources Ltd 0.021 -30% -25% 5% 5% $30,257,200.69
MEG Megado 0.087 -57% -30% -4% 5% $3,659,147.83
CDT Castle Minerals 0.044 389% 193% 76% 5% $35,173,786.04
EVN Evolution Mining Ltd 4.04 -15% -13% 0% 5% $7,350,360,808.83
EMR Emerald Res NL 1.14 44% 34% 7% 5% $613,048,003.98
PRU Perseus Mining Ltd 1.6 33% 8% 2% 5% $1,917,384,306.35
AQI Alicanto Min Ltd 0.115 -8% -41% -8% 5% $44,012,065.96
CAZ Cazaly Resources 0.047 7% -15% 4% 4% $17,369,473.55
WRM White Rock Min Ltd 0.235 -57% -54% 4% 4% $35,682,581.89
AAR Anglo Australian 0.12 -11% 50% 36% 4% $71,541,508.68
SFR Sandfire Resources 7.07 40% 13% 12% 4% $2,861,673,613.14
CHN Chalice Mining Ltd 8.66 120% 24% -2% 4% $3,095,368,693.28
ADV Ardiden Ltd 0.0125 -43% 56% 14% 4% $28,188,359.63
THR Thor Mining PLC 0.0125 -22% -26% -11% 4% $10,981,885.98
HXG Hexagon Energy 0.076 -21% 7% 1% 4% $33,451,037.03
AAU Antilles Gold Ltd 0.077 0% 1% 7% 4% $23,104,377.04
ADT Adriatic Metals 2.58 19% -1% -4% 4% $542,734,986.92
OZM Ozaurum Resources 0.13 0% -4% 4% 4% $7,438,080.00
NCM Newcrest Mining 24.97 -7% -4% 8% 4% $20,203,566,823.70
AL8 Alderan Resource Ltd 0.028 -75% -44% -24% 4% $11,915,850.24
GSR Greenstone Resources 0.028 4% 40% -3% 4% $23,405,281.98
NST Northern Star 9.36 -28% -9% 4% 4% $10,714,423,030.80
KCC Kincora Copper 0.15 0% -38% 25% 3% $10,966,367.85
RDT Red Dirt Metals Ltd 0.775 204% 384% 22% 3% $198,288,742.32
AGG AngloGold Ashanti 5.63 -6% 4% 4% 3% $505,808,027.55
AME Alto Metals Limited 0.098 3% 6% -4% 3% $52,275,713.69
AGC AGC Ltd 0.1 0% -31% 10% 3% $6,772,728.40
AGC AGC Ltd 0.1 0% -31% 10% 3% $6,772,728.40
BBX BBX Minerals Ltd 0.17 -39% -26% -3% 3% $78,203,650.75
CMM Capricorn Metals 3.345 99% 83% 2% 3% $1,236,820,146.22
PDI Predictive Disc Ltd 0.2725 354% 187% 16% 3% $375,465,640.00
MZZ Matador Mining Ltd 0.365 6% -18% 0% 3% $75,592,482.35
AUT Auteco Minerals 0.076 -31% -37% 12% 3% $126,613,420.20
LRL Labyrinth Resources 0.038 27% -16% 9% 3% $31,304,203.16
SLR Silver Lake Resource 1.76 -1% 2% 8% 3% $1,553,991,417.23
GIB Gibb River Diamonds 0.08 0% 36% -11% 3% $17,343,774.49
BGL Bellevue Gold Ltd 0.825 -24% -18% -5% 2% $855,980,395.23
ASO Aston Minerals Ltd 0.1125 231% -30% -6% 2% $114,503,691.48
GBZ GBM Rsources Ltd 0.1125 -10% -13% -6% 2% $61,297,116.84
BDC Bardoc Gold Ltd 0.475 -10% 26% 25% 2% $136,640,257.91
KTA Krakatoa Resources 0.048 -36% -8% 2% 2% $14,440,785.93
G50 Gold50Limited 0.255 0% 0% 2% 2% $14,284,590.26
SBM St Barbara Limited 1.38 -40% -25% -7% 2% $972,052,057.13
ALK Alkane Resources Ltd 0.88 5% -22% 9% 2% $521,135,492.50
MAT Matsa Resources 0.059 -39% -34% 7% 2% $20,819,367.96
CEL Challenger Exp Ltd 0.3 28% 0% 9% 2% $293,836,127.40
MKR Manuka Resources. 0.31 -21% 7% 0% 2% $30,954,774.22
MOH Moho Resources 0.063 -28% -13% 7% 2% $7,923,850.33
STK Strickland Metals 0.07 86% 67% 6% 1% $90,852,805.86
MML Medusa Mining Ltd 0.705 -10% -21% -1% 1% $148,688,755.22
WGX Westgold Resources. 1.925 -23% 3% 1% 1% $802,060,272.91
A1G African Gold Ltd. 0.195 -4% -4% 15% 1% $22,592,962.32
NXM Nexus Minerals Ltd 0.425 227% 406% -28% 1% $122,381,308.08
CYL Catalyst Metals 1.92 -9% -7% -7% 1% $188,542,709.55
RED Red 5 Limited 0.2775 7% 46% -3% 1% $659,780,982.56
SSR SSR Mining Inc. 23.46 -2% 12% -1% 1% $492,646,001.99
BC8 Black Cat Syndicate 0.61 -13% 2% 15% 1% $86,596,803.77
MRR Minrex Resources Ltd 0.057 148% 200% 54% 0% $37,965,797.30
GED Golden Deeps 0.011 -8% -15% -8% 0% $8,534,365.84
TMX Terrain Minerals 0.008 -20% -20% 0% 0% $5,886,088.07
IPT Impact Minerals 0.0135 -29% -4% 0% 0% $26,309,333.95
PRX Prodigy Gold NL 0.034 -32% -17% 0% 0% $19,809,338.60
REZ Resourc & En Grp Ltd 0.064 36% 106% 39% 0% $31,987,570.50
KAL Kalgoorliegoldmining 0.145 0% 0% -3% 0% $10,865,190.00
MEI Meteoric Resources 0.017 -76% -67% 6% 0% $25,947,055.31
SRN Surefire Rescs NL 0.011 -56% -21% 0% 0% $12,147,414.50
AWV Anova Metals Ltd 0.018 -33% -10% -5% 0% $25,795,695.60
PAK Pacific American Hld 0.016 -29% 1% -11% 0% $7,646,038.43
MCT Metalicity Limited 0.009 -47% -31% 0% 0% $21,839,569.80
CTO Citigold Corp Ltd 0.009 -36% -25% -10% 0% $25,502,931.82
M2R Miramar 0.18 -37% -3% -23% 0% $8,717,628.50
TRY Troy Resources Ltd 0.037 -59% -10% 0% 0% $31,631,563.33
KGM Kalnorth Gold Ltd 0.013 0% 0% 0% 0% $11,625,120.78
CGN Crater Gold Min Ltd 0.017 -15% 0% 0% 0% $20,867,429.74
RMX Red Mount Min Ltd 0.01 -29% 0% 11% 0% $14,644,583.02
NML Navarre Minerals Ltd 0.078 -58% -20% 13% 0% $106,444,427.86
BCN Beacon Minerals 0.033 4% -3% 6% 0% $118,511,744.74
SVL Silver Mines Limited 0.21 -11% -19% 8% 0% $271,284,750.03
FG1 Flynngold 0.16 0% 0% -14% 0% $10,149,768.00
RML Resolution Minerals 0.017 -55% -31% 6% 0% $10,501,865.58
HMG Hamelingoldlimited 0.15 0% 0% 3% 0% $17,600,000.00
HMG Hamelingoldlimited 0.15 0% 0% 3% 0% $17,600,000.00
CLA Celsius Resource Ltd 0.025 -55% -31% 19% 0% $26,349,452.03
TCG Turaco Gold Limited 0.115 92% 15% -12% 0% $49,027,694.82
KWR Kingwest Resources 0.195 5% 138% 8% 0% $49,786,407.63
RVR Red River Resources 0.2 -29% -15% 14% 0% $103,692,897.60
TAM Tanami Gold NL 0.062 -31% -16% -3% 0% $74,031,113.90
GSN Great Southern 0.064 -26% 23% 5% 0% $30,877,290.99
CDR Codrus Minerals Ltd 0.135 0% -31% -10% 0% $5,400,000.00
ALY Alchemy Resource Ltd 0.012 -23% -18% 9% 0% $11,428,138.68
AVW Avira Resources Ltd 0.005 -38% -9% 0% 0% $8,593,950.00
ZAG Zuleika Gold Ltd 0.02 -63% -29% -5% 0% $8,201,867.46
ARN Aldoro Resources 0.37 90% -5% -9% 0% $33,092,277.93
DTR Dateline Resources 0.077 54% -9% -1% 0% $33,720,745.14
TLM Talisman Mining 0.17 55% -6% 10% 0% $30,977,017.01
GNM Great Northern 0.006 -54% -50% -14% 0% $9,808,831.34
STN Saturn Metals 0.405 -36% -12% -1% 0% $50,826,337.60
E2M E2 Metals 0.285 -50% -14% 2% 0% $43,636,651.77
AYM Australia United Min 0.008 0% 0% 14% 0% $14,740,619.88
KLA Kirkland Lake Gold 56.8 6% 6% 7% 0% $56,740,000.00
RND Rand Mining Ltd 1.46 -18% 0% 1% -1% $83,038,903.06
TBR Tribune Res Ltd 4.82 -18% -5% 0% -1% $252,896,131.14
HRN Horizon Gold Ltd 0.42 -14% 2% -3% -1% $46,944,487.04
YRL Yandal Resources 0.375 -12% -29% -3% -1% $44,695,247.91
GOR Gold Road Res Ltd 1.465 15% 12% 0% -1% $1,296,415,517.46
KZR Kalamazoo Resources 0.36 -41% -5% 6% -1% $52,995,946.51
RSG Resolute Mining 0.35 -55% -41% -3% -1% $386,376,032.00
NWM Norwest Minerals 0.067 -16% -19% -11% -1% $12,100,689.03
LEX Lefroy Exploration 0.31 51% -63% -3% -2% $45,221,147.08
TMZ Thomson Res Ltd 0.062 -46% -52% 3% -2% $35,398,253.21
SNG Siren Gold 0.275 -61% 12% -5% -2% $23,220,978.83
HRZ Horizon 0.1225 23% -6% -2% -2% $70,996,900.00
NMR Native Mineral Res 0.23 -41% 1% -2% -2% $9,730,060.09
G88 Golden Mile Res Ltd 0.045 -17% -24% -10% -2% $7,695,824.76
MAU Magnetic Resources 1.46 19% -3% -4% -2% $326,418,801.65
DRE Drednought Resources 0.04 90% 3% 3% -2% $113,487,342.04
LYN Lycaonresources 0.4 0% 0% 14% -2% $11,340,000.00
WMC Wiluna Mining Corp 1.15 -14% 17% 12% -3% $245,125,336.20
CY5 Cygnus Gold Limited 0.17 -6% 48% -6% -3% $19,789,353.37
RXL Rox Resources 0.34 -55% -16% -8% -3% $55,162,664.90
BNZ Benzmining 0.63 -57% -27% -7% -3% $33,163,254.21
ENR Encounter Resources 0.155 4% 1% 11% -3% $49,106,608.03
TG1 Techgen Metals Ltd 0.15 0% -25% 0% -3% $6,531,324.90
SAU Southern Gold 0.055 -54% -23% -2% -4% $11,733,081.58
CXU Cauldron Energy Ltd 0.026 -47% -21% 4% -4% $13,264,928.01
OKU Oklo Resources Ltd 0.115 -45% -8% -21% -4% $58,017,095.09
AUC Ausgold Limited 0.045 -4% 5% -4% -4% $75,880,303.43
NVA Nova Minerals Ltd 1.12 -30% -10% -7% -4% $202,727,570.63
LCY Legacy Iron Ore 0.022 -42% 38% -19% -4% $140,950,176.38
ICG Inca Minerals Ltd 0.11 51% 0% 5% -4% $50,527,223.04
MVL Marvel Gold Limited 0.064 28% 12% -4% -4% $36,976,766.90
KSN Kingston Resources 0.1575 -37% -25% -5% -5% $57,072,729.12
IVR Investigator Res Ltd 0.063 -21% -11% -6% -5% $86,316,529.46
BEZ Besragoldinc 0.105 0% 0% -5% -5% $19,762,745.40
TTM Titan Minerals 0.1 -17% -5% -5% -5% $148,020,655.97
PKO Peako Limited 0.02 -17% -49% -5% -5% $6,477,536.12
GUL Gullewa Limited 0.078 -11% -5% 15% -5% $15,039,474.90
KAU Kaiser Reef 0.195 -52% -25% 5% -5% $23,872,039.23
TIE Tietto Minerals 0.485 21% 35% 17% -5% $311,771,830.50
AQX Alice Queen Ltd 0.0095 -68% -37% -5% -5% $12,332,007.09
EMU EMU NL 0.019 -58% -46% -5% -5% $10,446,475.20
GMR Golden Rim Resources 0.1325 -20% 10% 49% -5% $33,205,231.53
SVY Stavely Minerals Ltd 0.5 -35% 15% 0% -6% $134,395,147.78
MGV Musgrave Minerals 0.325 -13% -10% -10% -6% $177,267,073.17
DEX Duke Exploration 0.16 -52% -56% -14% -6% $13,982,728.56
CHZ Chesser Resources 0.1175 -48% -10% 7% -6% $54,036,776.61
TRN Torrens Mining 0.15 -36% -35% -25% -6% $10,449,740.70
KNB Koonenberrygold 0.15 0% 0% -13% -6% $10,746,853.06
OBM Ora Banda Mining Ltd 0.059 -82% -61% -11% -6% $58,453,470.30
PUA Peak Minerals Ltd 0.014 -39% -21% 12% -7% $15,099,855.14
MTH Mithril Resources 0.014 -33% -22% -7% -7% $38,703,495.62
GMN Gold Mountain Ltd 0.014 -65% -54% -7% -7% $14,982,088.38
BGD Bartongoldholdings 0.2 0% -5% -2% -7% $17,167,999.20
SPQ Superior Resources 0.053 308% 342% 172% -7% $80,420,633.82
PNX PNX Metals Limited 0.0065 -7% -24% 8% -7% $23,739,257.82
MBK Metal Bank Ltd 0.0065 -51% -24% -7% -7% $16,950,818.04
VAN Vango Mining Ltd 0.051 -34% -25% -14% -7% $65,516,756.86
CST Castile Resources 0.185 -38% -20% -8% -8% $36,946,372.39
OKR Okapi Resources 0.365 43% 18% -3% -8% $39,984,270.90
QML Qmines Limited 0.3 0% -19% -14% -8% $16,852,107.47
NAG Nagambie Resources 0.06 30% -35% -10% -8% $29,995,940.76
MXR Maximus Resources 0.072 -54% -1% 26% -8% $22,253,386.68
DCX Discovex Res Ltd 0.011 57% 120% 175% -8% $28,255,304.84
CWX Carawine Resources 0.165 -30% -21% -11% -8% $22,495,167.26
ICL Iceni Gold 0.165 0% -3% -13% -8% $21,208,348.81
DLC Delecta Limited 0.011 83% 83% -8% -8% $14,458,904.46
VRC Volt Resources Ltd 0.0265 141% -24% 2% -9% $72,259,483.19
AGS Alliance Resources 0.145 -15% -3% -22% -9% $30,162,484.43
FFX Firefinch Ltd 0.745 231% 84% 6% -10% $883,602,150.00
SI6 SI6 Metals Limited 0.009 -74% -40% 0% -10% $14,281,439.85
SBR Sabre Resources 0.0045 -57% 13% -10% -10% $7,775,161.42
BRB Breaker Res NL 0.25 22% 52% -19% -11% $86,347,846.19
NES Nelson Resources. 0.033 -60% -40% 6% -11% $6,411,642.44
ARV Artemis Resources 0.07 -46% 23% -4% -11% $89,104,833.22
M24 Mamba Exploration 0.185 0% -5% -5% -12% $7,078,500.54
POL Polymetals Resources 0.135 0% -13% 4% -13% $5,365,264.64
PRS Prospech Limited 0.056 -72% -55% -24% -14% $3,650,136.28
SMS Starmineralslimited 0.18 0% 0% -8% -14% $5,381,250.00
FML Focus Minerals Ltd 0.27 -33% 0% 4% -14% $51,169,598.20
BMO Bastion Minerals 0.18 0% 3% -18% -27% $12,737,974.20
AOP Apollo Consolidated 0 -100% -100% -100% -100% $177,888,559.90