• The price of gold has dipped back below its soaring level of US$2,400+
  • But a particularly bullish narrative is forming believes Forbes  
  • ASX gold stocks performing over the past week include: AGC, NMR and NPM

 

The recent, seemingly unstoppable gold price has lost a bit of its lustre as we lurch towards the end of a macro-stained week. Thanks for ruining the party, Fed. Again.

You’ll know what’s meant by that, but here’s what we mean in a nutshell:

Stocks and generally most markets, including the commodity-tastic subject of this column, cooled off this week as the threat of interest rate hikes from the US Federal Reserve reared its ugly head again after a better-than-expected unemployment report from the US Labor Department.

The main trigger was the higher than anticipated PMI (Purchasing Managers’ Index) data. Higher bond yields has also been a factor.

“The data put the US economy back on course for another solid GDP gain in the second quarter,” said Chris Williamson at S&P Global Market Intelligence.

Meanwhile, interest rate hikes from the Fed certainly aren’t baked in, nor on the other hand are the much-hoped-for cuts, either, it seems.

On a third hand, however, Jerome Powell and co treading a conflicting line between boring investors and traders to tears while also keeping them on the edge of their seats is definitely still on the menu for the foreseeable while rates are kept on hold.

The latest gold prices, then:

After recently soaring at an all-time high above US$2,400, we’re back down to the also-not-terrible US$2,330s zone. Meanwhile in Aussie dollars gold is changing hands $3,540 at the time of writing.

There’s been a slight intraday uptick of 0.2%, so at least a bit of a bounce since this time yesterday.

But generally speaking, gold stocks were struggling today with the overall dip in bullion this week.

Time for something more bullish…

The possibility of a global gold standard looms?

Seems like an outlandish thought, that. Or does it?

Not according to Steve Forbes – chairman and editor-in-chief of Forbes Media.

“It’s hard to believe, but the world is beginning to lurch toward a gold-based monetary system,” wrote Forbes in an article published on May 21.

“This, despite the fact that the historical gold standard is held in almost universal contempt by economists and financial officials.”

The idea of a gold-based currency has plenty of critics, as Forbes notes, due to the availability and value of gold being a fluctuating beast, and therefore supposedly not possessing the sort of price stability needed to sustain a healthy economy. Imagine the inflation when gold’s mined from asteroids, etc etc.

But Forbes counters with the reminder that “the US was on a gold-based system for 180 years until the early 1970s.

“We never had inflation when the dollar’s value was tied to the yellow metal, and the US experienced the greatest long-term economic growth in human history.”

Ever since President Richard Nixon ditched the US gold standard in the 1970s, the US economy’s average growth rates have reportedly declined by around 33%.

“Median household income today would be at least $40,000 higher if our traditional pattern of growth for those 180 years had been maintained,” wrote Forbes. “Nonetheless, the contumely and scorn for a gold-based monetary system is universal.”

So what makes Forbes believe the world is possibly heading to a new global gold standard monetary system? To paraphrase a bit in bullet-point form:

Central banks buying gold at record levels. “Buyers include China, India, Russia and a number of other nations such as Poland. These countries are reacting to growing doubts about the long-term value of the dollar, which in turn is a symptom of the perceived decline of the United States.”

Crypto. Wait… what? Forbes sees the rise of digital money as another clear indicator of turning tides and thought in the world of finance. He describes Bitcoin and crypto as “a high-­tech cry for help in the face of increasingly unreliable fiat currencies”, adding:

“There are a handful of cryptos tethered to gold, but they haven’t yet achieved the credibility or built the mechanisms to be widely used. Nonetheless, as governments flounder in their monetary policies, that will change.”

Spiralling debt, in the world’s biggest economy (the US), and globally, which Forbes says “will inevitably kindle crises that cannot be easily extinguished… Total debt in the world today is more than $300 trillion, an astonishing three times global GDP.”

And BRICS nations, led by China. BRICS US de-dollarisation efforts seem to be gaining traction, believes the analyst, noting that “their monetary machinations, so far, have amounted to little, but that’s starting to shift”, pointing to India’s recent experiments with gold-backed government bonds.

And, actually, just on that… this…

The IMF is down with Zimbabwe’s gold-backed move

The International Money Fund has reportedly described Zimbabwe’s recent introduction of a gold-backed currency – ZiG – as an “important” step.

“The introduction of ZiG represents an important policy action accompanied by several complementary policy changes – including monetary, exchange rate, and fiscal policy measures,” replied a spokesperson for the Washington-based lender to Bloomberg‘s questioning.

Forbes, meanwhile, noted the insane hyperinflation and instability of the southern African country, caveating:

“Deep skepticism is warranted that this government has the discipline to make such an arrangement work. But the move is a sign of things to come.”

ASX Winners & Losers

Here’s how ASX-listed precious metals stocks are performing, circa 4pm May 24:

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

Stocks missing from this list? Please email [email protected]

Code Company Price % Week % Month % YTD Market Cap
MRR Minrex Resources Ltd 0.01 -17% -17% -1% $12,475,976
NPM Newpeak Metals 0.031 48% 94% 2% $3,832,170
ASO Aston Minerals Ltd 0.018 50% 50% -1% $23,311,157
MTC Metalstech Ltd 0.22 -12% 33% 0% $39,680,464
FFX Firefinch Ltd 0.2 0% 0% 0% $236,569,315
GED Golden Deeps 0.043 -10% 13% 0% $4,967,461
G88 Golden Mile Res Ltd 0.0125 14% 4% -1% $5,345,897
DCX Discovex Res Ltd 0.002 0% 0% 0% $6,605,136
NMR Native Mineral Res 0.036 64% 57% 2% $7,134,917
AQX Alice Queen Ltd 0.007 0% 17% 0% $4,836,930
SLZ Sultan Resources Ltd 0.012 9% 9% -1% $2,371,038
MKG Mako Gold 0.011 -15% -21% 0% $11,712,098
KSN Kingston Resources 0.078 -3% 10% 0% $57,268,618
AMI Aurelia Metals Ltd 0.1975 1% 1% 9% $321,055,807
PNX PNX Metals Limited 0.005 25% 0% 0% $29,851,074
GIB Gibb River Diamonds 0.045 80% 61% 2% $10,363,963
KCN Kingsgate Consolid. 1.75 -6% 15% 38% $451,065,461
TMX Terrain Minerals 0.0035 17% -13% 0% $4,295,012
BNR Bulletin Res Ltd 0.05 0% 2% -9% $13,799,826
NXM Nexus Minerals Ltd 0.057 -11% -12% 1% $23,732,668
SKY SKY Metals Ltd 0.044 16% 26% 1% $25,940,339
LM8 Lunnonmetalslimited 0.26 -10% -12% -34% $63,174,577
CST Castile Resources 0.086 -9% -9% 0% $20,803,609
YRL Yandal Resources 0.135 17% -10% 5% $36,154,028
FAU First Au Ltd 0.0035 -13% 75% 0% $5,816,976
ARL Ardea Resources Ltd 0.6 0% -29% 13% $121,733,378
GWR GWR Group Ltd 0.095 -14% -17% 0% $30,515,582
IVR Investigator Res Ltd 0.055 2% 6% 2% $88,697,256
GTR Gti Energy Ltd 0.006 0% -8% 0% $12,299,683
IPT Impact Minerals 0.0195 -11% -7% 1% $57,656,791
BNZ Benzmining 0.13 0% -19% -12% $14,197,097
MOH Moho Resources 0.005 0% -9% -1% $2,695,891
BCM Brazilian Critical 0.021 -16% -13% -1% $16,411,050
PUA Peak Minerals Ltd 0.0045 13% 50% 0% $4,165,506
MRZ Mont Royal Resources 0.055 0% -8% -10% $4,506,579
SMS Starmineralslimited 0.027 -10% -34% -1% $2,049,916
MVL Marvel Gold Limited 0.01 0% 11% 0% $7,774,116
PRX Prodigy Gold NL 0.0025 -17% 0% 0% $6,041,322
AAU Antilles Gold Ltd 0.008 -27% -57% -2% $8,968,815
CWX Carawine Resources 0.105 5% 0% -1% $24,793,172
RND Rand Mining Ltd 1.475 -7% -5% 11% $85,313,942
CAZ Cazaly Resources 0.026 53% 53% 0% $13,184,453
BMR Ballymore Resources 0.195 22% 56% 7% $35,346,117
DRE Dreadnought Resources Ltd 0.017 6% 3% -1% $59,722,240
ZNC Zenith Minerals Ltd 0.072 -4% -24% -8% $24,314,281
REZ Resourc & En Grp Ltd 0.013 0% 0% 0% $8,109,475
LEX Lefroy Exploration 0.096 -9% -20% -8% $19,845,390
ERM Emmerson Resources 0.05 -11% 9% -1% $28,324,909
AM7 Arcadia Minerals 0.07 17% -8% 0% $8,193,507
ADT Adriatic Metals 4.42 -5% -1% 41% $1,175,566,185
AS1 Asara Resources Ltd 0.011 0% 22% 0% $8,821,754
CYL Catalyst Metals 1.085 25% 26% 28% $234,850,997
CHN Chalice Mining Ltd 1.69 -2% 32% -1% $667,072,066
KAL Kalgoorliegoldmining 0.032 3% -9% 1% $5,230,524
MLS Metals Australia 0.022 5% 0% -2% $14,854,760
ADN Andromeda Metals Ltd 0.018 6% -5% -1% $52,874,606
MEI Meteoric Resources 0.18 -8% -16% -8% $358,221,572
SRN Surefire Rescs NL 0.0095 -5% -10% 0% $17,876,770
SIH Sihayo Gold Limited 0.002 -33% 100% 0% $24,408,512
WA8 Warriedarresourltd 0.053 -5% 20% 0% $36,613,303
HMX Hammer Metals Ltd 0.04 5% -9% -1% $34,569,887
WCN White Cliff Min Ltd 0.0155 3% 11% 1% $25,178,005
AVM Advance Metals Ltd 0.025 -3% 9% -1% $1,322,333
WRM White Rock Min Ltd 0 -100% -100% -6% $17,508,200
ASR Asra Minerals Ltd 0.007 0% 0% 0% $11,647,970
MCT Metalicity Limited 0.002 -20% 0% 0% $8,970,190
AME Alto Metals Limited 0.038 -3% -14% -1% $28,139,404
CTO Citigold Corp Ltd 0.007 0% 75% 0% $24,000,000
TIE Tietto Minerals 0.6725 0% 6% 6% $773,881,054
SMI Santana Minerals Ltd 1.15 3% -9% 14% $236,663,803
M2R Miramar 0.011 0% 0% -1% $2,046,956
MHC Manhattan Corp Ltd 0.0025 0% 25% 0% $7,342,449
GRL Godolphin Resources 0.026 -7% -26% -1% $5,348,495
SVG Savannah Goldfields 0.035 9% 17% -2% $9,837,972
EMC Everest Metals Corp 0.14 4% 47% 6% $22,999,635
GUL Gullewa Limited 0.055 0% -2% 0% $11,262,521
CY5 Cygnus Metals Ltd 0.075 -15% -13% -6% $24,348,809
G50 G50Corp Ltd 0.15 -17% -21% 2% $18,579,300
ADV Ardiden Ltd 0.15 -6% -6% -3% $9,377,626
AAR Astral Resources NL 0.087 5% 23% 1% $83,045,681
VMC Venus Metals Cor Ltd 0.09 11% -3% -1% $16,316,667
NAE New Age Exploration 0.004 0% 0% 0% $7,175,596
VKA Viking Mines Ltd 0.01 0% -9% 0% $10,252,584
LCL LCL Resources Ltd 0.012 4% 4% -1% $11,462,706
MTH Mithril Resources 0.28 40% 40% 8% $24,949,985
ADG Adelong Gold Limited 0.004 0% 14% 0% $4,321,956
RMX Red Mount Min Ltd 0.001 0% -33% 0% $3,423,577
PRS Prospech Limited 0.04 -11% 3% 1% $11,346,246
TTM Titan Minerals 0.024 0% -25% 0% $43,624,328
NML Navarre Minerals Ltd 0.019 0% 0% 0% $28,555,654
MZZ Matador Mining Ltd 0.072 -14% -8% 3% $38,300,259
KZR Kalamazoo Resources 0.105 -9% 11% -2% $19,785,351
BCN Beacon Minerals 0.029 7% -3% 0% $105,189,509
MAU Magnetic Resources 1.06 1% -2% 4% $270,900,623
BC8 Black Cat Syndicate 0.32 -7% 21% 7% $98,737,102
EM2 Eagle Mountain 0.068 -18% 15% -1% $26,322,620
EMR Emerald Res NL 3.645 -3% 8% 64% $2,481,151,258
BYH Bryah Resources Ltd 0.009 29% 0% 0% $3,919,082
HCH Hot Chili Ltd 1.1 0% -6% 2% $157,336,275
WAF West African Res Ltd 1.46 -2% 13% 52% $1,510,823,055
MEU Marmota Limited 0.046 2% 12% 0% $50,822,428
NVA Nova Minerals Ltd 0.235 -6% -22% -13% $51,113,652
SVL Silver Mines Limited 0.2 3% 14% 4% $286,526,889
PGD Peregrine Gold 0.27 -7% 23% 3% $19,005,958
ICL Iceni Gold 0.061 -27% 135% 1% $17,729,468
FG1 Flynngold 0.034 26% -21% -1% $8,654,520
WWI West Wits Mining Ltd 0.015 7% -12% 0% $38,071,259
RML Resolution Minerals 0.002 0% -33% 0% $4,830,065
AAJ Aruma Resources Ltd 0.018 20% 6% -1% $3,544,047
AL8 Alderan Resource Ltd 0.0045 13% -10% 0% $4,427,445
GMN Gold Mountain Ltd 0.004 0% 0% 0% $8,926,517
MEG Megado Minerals Ltd 0.011 -21% 10% -2% $2,799,011
HMG Hamelingoldlimited 0.075 17% 1% 0% $11,812,500
TBA Tombola Gold Ltd 0.026 0% 0% 0% $33,129,243
BM8 Battery Age Minerals 0.165 38% 65% -3% $15,814,104
TBR Tribune Res Ltd 3.59 -9% -21% 64% $195,181,246
FML Focus Minerals Ltd 0.145 -6% -28% -4% $42,983,797
GSR Greenstone Resources 0.012 9% 33% 1% $16,479,087
VRC Volt Resources Ltd 0.0045 0% -25% 0% $20,793,391
ARV Artemis Resources 0.014 -7% -22% -1% $26,462,942
HRN Horizon Gold Ltd 0.275 -8% -2% -3% $39,830,979
CLA Celsius Resource Ltd 0.0105 5% 5% 0% $24,279,127
QML Qmines Limited 0.07 -17% 8% -1% $14,650,546
RDN Raiden Resources Ltd 0.049 -2% 48% 1% $132,132,670
TCG Turaco Gold Limited 0.215 -10% 26% 9% $164,579,556
KCC Kincora Copper 0.036 -10% -8% -1% $7,583,871
GBZ GBM Rsources Ltd 0.009 -10% -25% 0% $11,566,889
DTM Dart Mining NL 0.027 -7% -13% 1% $6,977,688
MKR Manuka Resources. 0.044 -25% -45% -3% $34,190,528
AUC Ausgold Limited 0.036 29% 20% 0% $84,957,225
ANX Anax Metals Ltd 0.045 -8% 88% 2% $26,609,269
EMU EMU NL 0.036 20% 20% 1% $2,429,747
SFM Santa Fe Minerals 0.04 0% -15% 0% $2,912,752
SSR SSR Mining Inc. 8.04 1% 2% -778% $37,275,462
PNR Pantoro Limited 0.089 2% 5% 3% $567,704,549
CMM Capricorn Metals 4.59 -4% -7% -12% $1,755,505,344
X64 Ten Sixty Four Ltd 0.57 0% 0% 0% $130,184,182
SI6 SI6 Metals Limited 0.004 0% 33% 0% $9,475,438
HAW Hawthorn Resources 0.07 3% 1% -2% $23,451,093
BGD Bartongoldholdings 0.3 -13% 15% 4% $66,629,385
SVY Stavely Minerals Ltd 0.048 33% 60% 0% $18,715,065
AGC AGC Ltd 0.51 73% 554% 44% $124,444,444
RGL Riversgold 0.0075 -17% 7% 0% $9,676,615
TSO Tesoro Gold Ltd 0.041 -2% 14% 1% $46,724,067
GUE Global Uranium 0.098 -2% 8% 0% $27,897,160
CPM Coopermetalslimited 0.12 -17% 4% -22% $9,010,900
MM8 Medallion Metals. 0.054 -4% -11% -1% $17,845,681
FFM Firefly Metals Ltd 0.77 -9% 5% 14% $351,207,724
CBY Canterbury Resources 0.055 -8% 104% 3% $9,445,749
LYN Lycaonresources 0.26 -10% 0% 6% $14,305,902
SFR Sandfire Resources 9.295 -3% 2% 196% $4,193,982,672
TMZ Thomson Res Ltd 0.005 0% 0% 0% $4,881,018
TAM Tanami Gold NL 0.035 0% -17% 0% $41,128,397
WMC Wiluna Mining Corp 0 -100% -100% -21% $74,238,031
NWM Norwest Minerals 0.038 -5% -21% 1% $14,748,541
ALK Alkane Resources Ltd 0.5725 -7% -11% -8% $353,041,935
BMO Bastion Minerals 0.009 13% 29% -1% $4,305,838
IDA Indiana Resources 0.078 0% -3% 0% $47,612,503
GSM Golden State Mining 0.011 0% 10% 0% $3,073,077
NSM Northstaw 0.033 -13% -18% -2% $4,615,901
GSN Great Southern 0.02 5% 0% 0% $16,349,674
RED Red 5 Limited 0.4475 -9% 5% 14% $1,576,029,250
DEG De Grey Mining 1.1075 -6% -13% -13% $2,562,315,258
THR Thor Energy PLC 0.017 0% -15% -1% $3,231,439
CDR Codrus Minerals Ltd 0.05 11% 28% -1% $5,624,219
MDI Middle Island Res 0.016 14% -16% 0% $3,485,664
WTM Waratah Minerals Ltd 0.13 24% 24% 1% $20,626,917
POL Polymetals Resources 0.275 -4% -4% -4% $45,709,164
RDS Redstone Resources 0.004 0% 0% 0% $3,701,514
NAG Nagambie Resources 0.011 10% -21% -2% $7,966,357
BGL Bellevue Gold Ltd 1.8975 2% 9% 22% $2,219,289,389
GBR Greatbould Resources 0.058 -9% -9% -1% $35,162,856
KAI Kairos Minerals Ltd 0.0115 -12% -4% 0% $28,830,034
KAU Kaiser Reef 0.145 0% 0% -3% $24,801,365
HRZ Horizon 0.049 -6% 36% 1% $35,049,184
CAI Calidus Resources 0.13 4% 8% -9% $106,032,754
CDT Castle Minerals 0.006 20% 0% 0% $6,122,465
RSG Resolute Mining 0.5175 7% 23% 7% $1,107,106,007
MXR Maximus Resources 0.031 0% -17% 0% $9,949,319
EVN Evolution Mining Ltd 3.82 -3% -3% -14% $7,566,194,258
CXU Cauldron Energy Ltd 0.039 -3% -7% 2% $48,661,225
DLI Delta Lithium 0.3 -10% 0% -17% $228,290,285
ALY Alchemy Resource Ltd 0.007 0% 0% 0% $8,246,534
HXG Hexagon Energy 0.018 -10% -5% 1% $9,232,486
OBM Ora Banda Mining Ltd 0.33 2% 10% 9% $631,212,228
SLR Silver Lake Resource 1.54 -4% 12% 35% $1,448,853,716
AVW Avira Resources Ltd 0.001 0% 0% 0% $2,663,790
LCY Legacy Iron Ore 0.014 -18% -13% 0% $107,989,676
PDI Predictive Disc Ltd 0.18 -5% -16% -3% $433,436,867
MAT Matsa Resources 0.028 -7% -13% 0% $16,514,254
ZAG Zuleika Gold Ltd 0.021 11% 5% 0% $15,457,796
GML Gateway Mining 0.022 29% 16% 0% $7,600,107
SBM St Barbara Limited 0.275 4% 6% 7% $233,121,558
SBR Sabre Resources 0.018 -10% 0% -2% $7,485,239
STK Strickland Metals 0.105 9% -19% 1% $172,645,887
ION Iondrive Limited 0.011 -8% 22% 0% $5,349,138
CEL Challenger Gold Ltd 0.072 -1% -3% 0% $98,094,573
LRL Labyrinth Resources 0.006 20% 0% 0% $7,125,262
NST Northern Star 14.2 -5% -4% 55% $16,322,718,851
OZM Ozaurum Resources 0.064 7% 33% -9% $9,366,250
TG1 Techgen Metals Ltd 0.043 -17% 30% -4% $5,509,700
XAM Xanadu Mines Ltd 0.067 -3% -3% 1% $120,120,421
AQI Alicanto Min Ltd 0.022 5% 0% -1% $13,542,910
KTA Krakatoa Resources 0.017 13% 55% -2% $8,497,930
ARN Aldoro Resources 0.076 9% 9% -5% $10,231,404
WGX Westgold Resources. 2.165 -1% -2% -2% $1,041,970,006
MBK Metal Bank Ltd 0.022 0% 10% -1% $8,590,104
A8G Australasian Metals 0.076 0% 10% -9% $3,961,158
TAR Taruga Minerals 0.008 -11% -11% 0% $6,354,241
DTR Dateline Resources 0.011 0% -15% 0% $17,433,421
GOR Gold Road Res Ltd 1.5925 -2% -2% -37% $1,738,768,024
S2R S2 Resources 0.12 -8% -8% -5% $56,607,249
NES Nelson Resources. 0.003 0% 0% 0% $1,840,783
TLM Talisman Mining 0.345 6% 47% 11% $71,561,733
BEZ Besragoldinc 0.092 -8% 1% -6% $39,301,485
PRU Perseus Mining Ltd 2.435 1% 12% 59% $3,338,312,652
SPQ Superior Resources 0.009 0% -10% 0% $18,010,984
PUR Pursuit Minerals 0.0045 13% -10% 0% $11,775,886
RMS Ramelius Resources 1.995 -2% 1% 31% $2,285,715,304
PKO Peako Limited 0.004 -20% 0% 0% $2,108,339
ICG Inca Minerals Ltd 0.007 17% 40% 0% $6,437,911
A1G African Gold Ltd. 0.029 16% -5% 1% $4,893,178
OAU Ora Gold Limited 0.004 -11% -33% 0% $23,224,004
GNM Great Northern 0.014 40% 27% -1% $2,164,807
KRM Kingsrose Mining Ltd 0.049 9% 36% 1% $39,131,379
BTR Brightstar Resources 0.016 0% -6% 0% $54,867,869
RRL Regis Resources 1.905 -7% -9% -28% $1,480,464,064
M24 Mamba Exploration 0.02 0% -5% -3% $3,865,728
TRM Truscott Mining Corp 0.063 0% -5% 1% $10,922,125
TNC True North Copper 0.075 10% -15% -3% $31,953,216
MOM Moab Minerals Ltd 0.005 0% 0% 0% $4,271,778
KNB Koonenberrygold 0.021 31% 5% -2% $6,331,324
AWJ Auric Mining 0.18 -10% -10% 6% $27,482,374
AZS Azure Minerals 3.69 0% 9% -1% $1,692,527,632
ENR Encounter Resources 0.38 -4% 6% 9% $177,741,331
SNG Siren Gold 0.085 9% 44% 2% $16,185,926
STN Saturn Metals 0.255 4% 6% 9% $61,600,681
USL Unico Silver Limited 0.1625 2% 2% 4% $50,838,770
PNM Pacific Nickel Mines 0.037 6% 3% -5% $15,475,365
AYM Australia United Min 0.002 -33% -33% 0% $3,685,155
ANL Amani Gold Ltd 0.001 0% 0% 0% $25,143,441
HAV Havilah Resources 0.21 0% 11% 2% $68,077,430
SPR Spartan Resources 0.71 2% 17% 19% $795,299,678
PNT Panthermetalsltd 0.048 12% 33% -1% $4,096,810
MEK Meeka Metals Limited 0.037 -3% 3% 0% $45,684,230
GMD Genesis Minerals 1.79 -5% 3% 0% $2,008,260,671
PGO Pacgold 0.165 3% -8% -3% $13,883,998
FEG Far East Gold 0.13 18% 0% 1% $33,486,289
MI6 Minerals260Limited 0.17 6% 10% -15% $40,950,000
IGO IGO Limited 7.365 -5% 3% -169% $5,762,808,057
GAL Galileo Mining Ltd 0.26 -4% -7% -3% $52,370,606
RXL Rox Resources 0.165 -6% -26% -2% $60,943,453
KIN KIN Min NL 0.064 -3% -4% 0% $76,579,786
CLZ Classic Min Ltd 0.0055 -8% -31% -4% $2,033,817
TGM Theta Gold Mines Ltd 0.14 -10% -13% 3% $103,173,277
FAL Falconmetalsltd 0.16 10% 23% 2% $27,435,000
SXG Southern Cross Gold 2.74 -3% 32% 148% $520,963,673
SPD Southernpalladium 0.53 -4% 6% 16% $22,831,513
ORN Orion Minerals Ltd 0.02 5% 5% 1% $121,057,150
TMB Tambourahmetals 0.072 -5% -13% -4% $5,888,765
TMS Tennant Minerals Ltd 0.023 -4% -4% -1% $21,985,480
AZY Antipa Minerals Ltd 0.013 0% 8% 0% $53,814,143
PXX Polarx Limited 0.0125 -11% -4% 1% $26,643,769
TRE Toubani Res Ltd 0.135 0% 0% -1% $24,263,152
AUN Aurumin 0.043 8% -4% 2% $18,550,899
GPR Geopacific Resources 0.025 9% -7% 1% $22,800,149
FXG Felix Gold Limited 0.055 -23% -20% 1% $12,432,907
ILT Iltani Resources Lim 0.305 -10% 74% 15% $11,563,572
ARD Argent Minerals 0.0205 -2% 8% 1% $25,890,736
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Notable weekly winners 

Australian Gold and Copper (ASX:AGC) +73%

Native Mineral Resources (ASX:NMR) +64%

NewPeak Metals (ASX:NPM) +48%

Koonenberry Gold (ASX:KNB) +31%

Ausgold (ASX:AUC) +29%