• Gold prices find support amid heightened concerns surrounding Trump’s tariffs 
  • Tariffs would raise prices for goods, causing US customers to pay more at the check-out 
  • On the flip side, they could also discourage the Fed from implementing significant rate cuts

 

Geopolitical instability and trade war concerns fuelled a rise in gold prices on Friday, with lighter trading activity expected due to US markets being closed for the Thanksgiving holiday.

The uncertainty surrounding Trump’s tariff threats against Canada and Mexico also continues to bolster gold prices, as worries grow about the potential fallout from these two countries.

Australian gold prices climbed 0.14% to $4067 on Friday. Pic: Kitco

While the president-elect’s threats could all be a negotiating ploy to get countries to change their behaviour, the Produce Distribution Association – a Washington trade group – said earlier this week that tariffs will raise prices for fruit and vegetables, hurt US farmers and raise prices along the supply chain, causing consumers to pay more at the check-out line.

This is a real concern as Mexico and Canada are amongst the US’ top suppliers for fruit and vegetables. In 2022, Mexico supplied 51% of fresh fruit and 69% of fresh vegetables into the US, while Canada supplied 2% of fresh fruit and 20% of fresh vegetables.

In a survey of more than 120,000 voters, 7 in 10 said they were concerned about the cost of food before the election.

On the other hand, the inflationary impact of Trump’s tariff plans could also deter the US Federal Reserve from pursuing aggressive interest rate cuts, restraining the upward momentum in gold prices.

 

Winners & Losers

Here’s how ASX-listed precious metals stocks are performing:

CODE COMPANY PRICE WEEK % MONTH % 6 MONTH % YEAR % YTD % MARKET CAP
MRR Minrex Resources Ltd 0.008 0% -6% -27% -56% -1% $8,678,940
NPM Newpeak Metals 0.012 20% -8% -50% -87% 0% $3,664,861
ASO Aston Minerals Ltd 0.009 0% -14% -44% -72% -2% $11,655,578
MTC Metalstech Ltd 0.12 -4% -20% -43% -14% -10% $23,680,738
GED Golden Deeps 0.027 0% -13% -34% -47% -2% $4,091,103
G88 Golden Mile Res Ltd 0.01 -9% -47% -23% -50% -1% $4,728,229
LAT Latitude 66 Limited 0.063 -19% -37% 3050% -69% -14% $10,038,049
NMR Native Mineral Res 0.034 -8% -3% -19% 21% 1% $16,973,824
AQX Alice Queen Ltd 0.008 0% 7% 33% 14% 0% $9,175,121
SLZ Sultan Resources Ltd 0.007 0% -13% -36% -56% -2% $1,620,289
MKG Mako Gold 0.015 -6% -17% 30% 50% 1% $13,812,667
KSN Kingston Resources 0.088 -4% -20% 11% 12% 1% $63,647,221
AMI Aurelia Metals Ltd 0.1675 -4% -12% -12% 60% 6% $296,023,802
GIB Gibb River Diamonds 0.035 -3% -19% -22% 13% 1% $7,722,340
KCN Kingsgate Consolid. 1.43 7% -7% -20% 4% 6% $363,429,886
TMX Terrain Minerals 0.0035 17% 0% 17% -13% 0% $5,400,086
BNR Bulletin Res Ltd 0.04 0% -11% -17% -78% -10% $11,744,533
NXM Nexus Minerals Ltd 0.061 -5% 5% 20% 56% 1% $29,179,510
SKY SKY Metals Ltd 0.051 -4% -7% 28% 21% 2% $35,271,765
LM8 Lunnonmetalslimited 0.275 8% -18% 0% -58% -33% $51,838,474
CST Castile Resources 0.076 -3% -17% -15% 27% -1% $18,384,584
YRL Yandal Resources 0.235 -32% 2% 88% 153% 15% $67,523,318
FAU First Au Ltd 0.002 0% 100% -33% 0% 0% $4,143,987
ARL Ardea Resources Ltd 0.34 -7% -17% -44% -24% -14% $69,889,020
GWR GWR Group Ltd 0.086 1% -7% -14% 15% -1% $28,267,066
IVR Investigator Res Ltd 0.037 -3% -24% -37% -12% 0% $58,788,544
GTR Gti Energy Ltd 0.0035 0% -13% -42% -56% 0% $8,888,849
IPT Impact Minerals 0.012 0% -8% -35% 9% 0% $33,653,771
BNZ Benzmining 0.315 21% 29% 152% 9% 7% $38,990,660
MOH Moho Resources 0.005 0% -29% 25% -50% -1% $3,369,864
BCM Brazilian Critical 0.01 -9% 25% -50% -62% -2% $9,773,615
PUA Peak Minerals Ltd 0.0065 8% 18% 96% 161% 0% $14,982,662
MRZ Mont Royal Resources 0.04 0% -20% -27% -75% -11% $3,401,192
SMS Starmineralslimited 0.039 3% -30% 44% 16% 0% $4,127,352
MVL Marvel Gold Limited 0.01 -9% -9% 25% -9% 0% $8,637,907
PRX Prodigy Gold NL 0.002 0% 0% -10% -72% 0% $6,350,111
AAU Antilles Gold Ltd 0.004 0% -20% -43% -83% -2% $6,495,100
CWX Carawine Resources 0.11 -4% 17% 10% 0% 0% $25,973,799
RND Rand Mining Ltd 1.6 -16% -20% 8% 28% 23% $89,864,018
CAZ Cazaly Resources 0.016 23% 7% -24% -52% -1% $6,458,242
BMR Ballymore Resources 0.15 15% 15% -19% 36% 3% $26,509,588
DRE Dreadnought Resources Ltd 0.015 7% -6% -12% -55% -2% $56,291,250
ZNC Zenith Minerals Ltd 0.043 0% -9% -38% -71% -11% $16,995,873
REZ Resourc & En Grp Ltd 0.027 0% 0% 108% 93% 1% $18,134,256
LEX Lefroy Exploration 0.074 -4% -12% -24% -54% -10% $17,793,327
ERM Emmerson Resources 0.058 -8% 26% 16% -9% 0% $31,048,458
AM7 Arcadia Minerals 0.023 -18% -34% -67% -73% -5% $2,692,152
ADT Adriatic Metals 4.19 -1% 2% -5% 29% 18% $1,148,396,498
AS1 Asara Resources Ltd 0.023 0% 5% 109% 109% 1% $22,923,187
CYL Catalyst Metals 2.72 -11% -20% 131% 218% 192% $601,116,227
CHN Chalice Mining Ltd 1.3575 0% -31% -24% -10% -34% $521,295,896
KAL Kalgoorliegoldmining 0.025 19% 4% -17% 0% 0% $6,487,402
MLS Metals Australia 0.025 -4% 14% 14% -31% -1% $18,180,488
ADN Andromeda Metals Ltd 0.0075 -6% -6% -56% -66% -2% $27,429,755
MEI Meteoric Resources 0.094 -3% -10% -52% -55% -17% $213,780,143
SRN Surefire Rescs NL 0.0035 0% -30% -63% -61% -1% $5,958,923
WA8 Warriedarresourltd 0.059 18% 4% 13% 18% 1% $45,135,905
HMX Hammer Metals Ltd 0.036 3% -22% -8% -22% -2% $30,183,796
WCN White Cliff Min Ltd 0.018 13% -18% 13% 64% 1% $30,247,532
AVM Advance Metals Ltd 0.034 -6% -15% 36% -39% 0% $5,223,474
ASR Asra Minerals Ltd 0.0035 17% -13% -50% -56% 0% $6,756,339
ARI Arika Resources 0.031 7% 3% 55% 107% 1% $19,920,276
AME Alto Metals Limited 0.092 8% 23% 142% 119% 5% $66,380,132
CTO Citigold Corp Ltd 0.004 0% 0% -20% -11% 0% $12,000,000
SMI Santana Minerals Ltd 0.525 -10% -19% 39% 110% 19% $329,559,791
M2R Miramar 0.005 -9% -29% -52% -72% -1% $1,984,116
MHC Manhattan Corp Ltd 0.002 100% 33% 20% -31% 0% $8,995,940
GRL Godolphin Resources 0.013 -13% -24% -54% -65% -3% $4,426,957
SVG Savannah Goldfields 0.022 5% 5% -24% -63% -3% $6,183,868
EMC Everest Metals Corp 0.125 -4% -7% 0% 49% 5% $23,285,389
GUL Gullewa Limited 0.06 -5% -25% -14% 9% 1% $12,601,330
CY5 Cygnus Metals Ltd 0.1275 6% -9% 68% -2% -1% $59,434,626
G50 G50Corp Ltd 0.2 8% 29% 33% 33% 7% $36,208,895
ADV Ardiden Ltd 0.13 0% -7% -13% -38% -5% $8,127,276
AAR Astral Resources NL 0.1325 -2% -17% 52% 70% 6% $156,309,611
VMC Venus Metals Cor Ltd 0.07 0% 8% -24% -36% -3% $13,729,008
NAE New Age Exploration 0.0045 13% -31% 29% -44% 0% $9,647,545
VKA Viking Mines Ltd 0.009 -25% -10% -18% -40% -1% $11,953,326
LCL LCL Resources Ltd 0.01 0% 0% -17% -58% -1% $11,948,127
MTH Mithril Silver Gold 0.38 -8% -25% 49% 90% 18% $55,696,226
ADG Adelong Gold Limited 0.005 0% 11% 0% -29% 0% $6,707,934
RMX Red Mount Min Ltd 0.01 0% 11% 0% -71% -2% $4,260,936
PRS Prospech Limited 0.029 -3% 7% -28% -22% 0% $8,776,205
XTC XTC Lithium Limited 0.2 19900% 19900% 19900% 0% 20% $17,528,272
TTM Titan Minerals 0.485 15% -13% 94% 49% 21% $95,293,087
NML Navarre Minerals Ltd 0.105 -5% -99% -99% -99% -940% $10,141,055
AAM Aumegametals 0.035 -15% -38% -53% -36% -1% $21,501,537
KZR Kalamazoo Resources 0.084 1% -13% -20% -27% -4% $16,704,292
BCN Beacon Minerals 0.022 0% -8% -21% -15% 0% $92,980,012
MAU Magnetic Resources 1.18 -6% -7% 10% 12% 16% $320,090,712
BC8 Black Cat Syndicate 0.705 16% 11% 107% 194% 46% $393,060,542
EM2 Eagle Mountain 0.017 -59% -65% -75% -70% -6% $6,678,874
EMR Emerald Res NL 3.605 -2% -15% -5% 38% 60% $2,391,645,278
BYH Bryah Resources Ltd 0.004 0% 33% -50% -71% -1% $2,013,147
HCH Hot Chili Ltd 0.7625 -5% -11% -28% -27% -32% $119,622,156
WAF West African Res Ltd 1.515 2% -16% 4% 74% 57% $1,726,761,919
MEU Marmota Limited 0.039 -5% -5% -13% -11% 0% $43,463,134
NVA Nova Minerals Ltd 0.235 9% -22% 2% -8% -13% $63,187,751
SVL Silver Mines Limited 0.1025 3% -11% -47% -40% -6% $146,279,517
PGD Peregrine Gold 0.15 15% -12% -48% -52% -9% $10,181,763
ICL Iceni Gold 0.053 -7% 8% -20% -13% 0% $14,979,860
FG1 Flynngold 0.029 -6% -6% -3% -61% -2% $7,578,178
WWI West Wits Mining Ltd 0.016 23% 0% 14% 28% 0% $38,140,902
RML Resolution Minerals 0.002 33% 0% -20% -50% 0% $3,220,044
AAJ Aruma Resources Ltd 0.014 -7% -18% -26% -56% -1% $3,330,873
AL8DB Alderan Resource Ltd 0.03 0% -14% -16% -52% -1% $5,727,876
GMN Gold Mountain Ltd 0.002 33% 0% -43% -64% 0% $7,814,946
MEG Megado Minerals Ltd 0.014 17% -8% 34% -51% -2% $3,509,467
HMG Hamelingoldlimited 0.074 -12% -12% -18% -13% -1% $9,607,500
BM8 Battery Age Minerals 0.099 10% 0% -38% -57% -9% $9,159,673
TBR Tribune Res Ltd 4.83 -2% -3% 29% 73% 188% $249,223,366
FML Focus Minerals Ltd 0.18 0% -8% 24% 3% -1% $51,580,556
VRC Volt Resources Ltd 0.004 14% 0% -20% -43% 0% $14,555,373
ARV Artemis Resources 0.01 -5% -29% -35% -58% -1% $19,168,824
HRN Horizon Gold Ltd 0.46 -5% 16% 77% 64% 16% $66,626,365
CLA Celsius Resource Ltd 0.011 10% 0% 22% 0% 0% $28,281,270
QML Qmines Limited 0.067 12% -6% -4% -19% -2% $24,059,360
RDN Raiden Resources Ltd 0.017 -26% -45% -65% -65% -2% $55,455,103
TCG Turaco Gold Limited 0.32 5% -3% 52% 205% 19% $263,380,656
KCC Kincora Copper 0.036 6% 3% -28% 20% -1% $7,626,305
GBZ GBM Rsources Ltd 0.007 0% -22% -30% -46% 0% $8,096,822
DTM Dart Mining NL 0.01 -9% -23% -56% -32% -1% $5,661,945
MKR Manuka Resources. 0.036 -5% -36% -20% -12% -4% $27,291,868
AUC Ausgold Limited 0.415 -7% -28% 6% 30% 10% $149,638,217
ANX Anax Metals Ltd 0.01 -9% -17% -77% -64% -2% $8,714,349
EMU EMU NL 0.028 8% 4% -15% 2% 0% $4,101,977
SFM Santa Fe Minerals 0.029 -3% -3% -31% -33% -1% $2,111,745
SSR SSR Mining Inc. 8.91 2% -3% 9% -48% -691% $32,970,175
PNR Pantoro Limited 0.1 0% -13% 12% 108% 4% $645,403,051
CMM Capricorn Metals 6.53 0% 4% 40% 40% 182% $2,646,397,991
X64 Ten Sixty Four Ltd 0.57 0% 0% 0% 0% 0% $129,844,903
SI6DB SI6 Metals Limited 0.02 0% 0% -71% -83% -8% $3,657,789
HAW Hawthorn Resources 0.048 2% -17% -31% -49% -5% $16,080,749
BGD Bartongoldholdings 0.255 -9% -9% -18% 2% -1% $57,944,614
SVY Stavely Minerals Ltd 0.02 -23% -33% -59% -60% -3% $11,424,884
AGC AGC Ltd 0.195 -11% -15% -53% 191% 12% $50,036,458
RGL Riversgold 0.0035 17% 0% -53% -79% -1% $4,882,388
TSO Tesoro Gold Ltd 0.024 -4% -23% -37% 0% -1% $38,835,351
GUE Global Uranium 0.057 -3% -19% -42% -48% -4% $15,409,860
CPM Coopermetalslimited 0.045 -6% -10% -59% -83% -30% $3,526,004
MM8 Medallion Metals. 0.088 -2% -9% 69% 47% 2% $36,311,560
FFM Firefly Metals Ltd 1.09 2% 3% 39% 114% 46% $608,933,076
CBY Canterbury Resources 0.022 -12% -24% -61% -27% 0% $4,343,700
LYN Lycaonresources 0.225 -2% -10% -18% 36% 3% $11,921,585
SFR Sandfire Resources 10.405 2% -3% 10% 66% 307% $4,739,860,146
TMZ Thomson Res Ltd 0.005 0% 0% 0% 0% 0% $4,881,018
TAM Tanami Gold NL 0.028 0% -22% -22% -22% -1% $32,902,717
NWM Norwest Minerals 0.018 -10% -10% -51% -40% -1% $8,732,151
ALK Alkane Resources Ltd 0.4875 -3% -14% -14% -24% -17% $287,403,954
BMO Bastion Minerals 0.006 20% -14% -25% -63% -1% $4,223,623
IDA Indiana Resources 0.11 5% 13% 41% 94% 3% $69,945,840
GSM Golden State Mining 0.009 0% -18% -18% -50% -1% $2,514,336
NSM Northstaw 0.016 45% 7% -39% -72% -2% $4,090,148
GSN Great Southern 0.017 -11% 6% -15% -15% 0% $14,391,923
VAU Vault Minerals Ltd 0.3475 4% -9% -21% 1% 4% $2,312,840,950
DEG De Grey Mining 1.515 0% 5% 35% 18% 28% $3,583,152,470
THR Thor Energy PLC 0.013 0% -13% -24% -57% -2% $3,140,492
CDR Codrus Minerals Ltd 0.018 0% -14% -66% -68% -4% $2,976,975
MDI Middle Island Res 0.015 0% -17% -12% -6% 0% $4,369,484
WTM Waratah Minerals Ltd 0.175 -5% -50% 52% 361% 6% $35,879,406
POL Polymetals Resources 0.78 9% 39% 144% 144% 47% $133,197,683
RDS Redstone Resources 0.003 20% 0% -25% -57% 0% $2,776,135
NAG Nagambie Resources 0.023 28% 28% 77% -34% -1% $17,525,985
BGL Bellevue Gold Ltd 1.28 -2% -21% -33% -20% -40% $1,625,598,713
GBR Greatbould Resources 0.043 0% -20% -28% -25% -2% $31,873,304
KAI Kairos Minerals Ltd 0.016 7% 0% 45% 0% 0% $39,463,683
KAU Kaiser Reef 0.16 0% -20% 14% 3% -1% $38,922,137
HRZ Horizon 0.042 -5% -24% -16% 17% 0% $53,520,106
CAI Calidus Resources 0.115 0% 0% -12% -36% -10% $93,678,206
CDT Castle Minerals 0.002 -20% -33% -67% -80% -1% $3,345,628
RSG Resolute Mining 0.4325 7% -49% -18% 11% -1% $883,555,755
MXR Maximus Resources 0.042 11% -13% 35% -4% 1% $17,972,963
EVN Evolution Mining Ltd 5.02 0% -3% 27% 30% 106% $9,906,894,988
CXU Cauldron Energy Ltd 0.016 7% 14% -56% 3% -1% $23,369,585
DLI Delta Lithium 0.18 -12% -31% -39% -61% -29% $132,560,232
ALY Alchemy Resource Ltd 0.006 -14% -14% -14% -40% 0% $8,246,534
HXG Hexagon Energy 0.021 0% -13% 11% 110% 1% $10,771,234
OBM Ora Banda Mining Ltd 0.715 -5% -22% 113% 240% 48% $1,316,056,258
AVW Avira Resources Ltd 0.001 0% 0% 0% -33% 0% $2,938,790
LCY Legacy Iron Ore 0.011 -12% -12% -24% -33% -1% $107,382,468
PDI Predictive Disc Ltd 0.24 -2% -16% 30% 4% 3% $564,216,476
MAT Matsa Resources 0.041 -11% -9% 41% 52% 2% $26,653,588
ZAG Zuleika Gold Ltd 0.016 -6% 0% -24% -6% 0% $11,854,079
GML Gateway Mining 0.026 13% 4% 18% 63% 0% $10,281,945
SBM St Barbara Limited 0.3425 -2% -25% 43% 71% 13% $303,385,571
SBR Sabre Resources 0.011 0% -15% -39% -71% -2% $4,322,581
STK Strickland Metals 0.078 0% 5% -29% -57% -2% $167,763,520
ION Iondrive Limited 0.012 9% -8% 20% 0% 0% $8,502,090
CEL Challenger Gold Ltd 0.045 -6% -24% -36% -33% -3% $68,949,056
LRL Labyrinth Resources 0.2425 -7% -13% 590% 393% 19% $137,879,135
NST Northern Star 17.52 0% 1% 21% 44% 387% $19,970,026,036
OZM Ozaurum Resources 0.033 14% -18% -45% -73% -12% $4,921,250
TG1 Techgen Metals Ltd 0.033 10% 10% -28% -56% -5% $5,235,968
XAM Xanadu Mines Ltd 0.0505 -3% -28% -25% -6% -1% $89,474,295
AQI Alicanto Min Ltd 0.034 10% -13% 77% -18% 0% $25,436,861
KTA Krakatoa Resources 0.011 10% 10% -35% -78% -3% $4,721,072
ARN Aldoro Resources 0.0895 5% -2% 18% 7% -4% $11,981,513
WGX Westgold Resources. 2.86 2% -9% 33% 38% 68% $2,678,431,520
MBK Metal Bank Ltd 0.017 -6% 1% -22% -52% -1% $6,637,808
A8G Australasian Metals 0.077 4% -19% -21% -56% -9% $4,013,278
TAR Taruga Minerals 0.01 -9% -23% 25% 11% 0% $7,060,268
DTR Dateline Resources 0.003 0% -25% -75% -73% -1% $7,548,781
GOR Gold Road Res Ltd 1.865 -2% -2% 13% 1% -10% $2,016,279,227
S2R S2 Resources 0.069 -15% -7% -43% -61% -10% $31,700,060
NES Nelson Resources. 0.002 0% 0% -33% -56% 0% $1,410,522
TLM Talisman Mining 0.21 -2% -14% -41% 14% -3% $41,430,477
BEZ Besragoldinc 0.064 -3% -22% -28% -56% -9% $27,006,782
PRU Perseus Mining Ltd 2.65 -1% -7% 10% 47% 80% $3,603,387,771
SPQ Superior Resources 0.0075 7% 0% -5% -66% -1% $16,273,978
PUR Pursuit Minerals 0.0025 -17% 0% -44% -72% -1% $9,088,500
RMS Ramelius Resources 2.1 1% -10% 2% 29% 42% $2,413,948,909
PKO Peako Limited 0.003 0% 0% -3% -35% 0% $2,635,425
ICG Inca Minerals Ltd 0.006 -8% 20% -14% -47% 0% $6,160,335
A1G African Gold Ltd. 0.055 2% -32% 104% 90% 3% $19,699,942
NMG New Murchison Gold 0.0105 17% 17% 163% 75% 0% $81,256,482
GNM Great Northern 0.015 25% 15% 25% -25% -1% $2,319,436
KRM Kingsrose Mining Ltd 0.033 -3% -21% -34% -30% -1% $28,634,008
BTR Brightstar Resources 0.025 9% 11% 56% 92% 1% $171,185,401
RRL Regis Resources 2.585 -2% -6% 35% 37% 41% $1,956,687,331
M24 Mamba Exploration 0.011 -8% -15% -48% -65% -4% $2,068,905
TRM Truscott Mining Corp 0.075 7% -5% 20% 40% 2% $14,358,642
TNC True North Copper 0.03 0% 0% -51% -70% -7% $26,264,706
MOM Moab Minerals Ltd 0.004 0% 0% -20% -33% 0% $3,571,435
KNB Koonenberrygold 0.015 0% -6% -25% -38% -2% $4,316,812
AWJ Auric Mining 0.325 16% -16% 86% 442% 21% $45,339,278
ENR Encounter Resources 0.37 -8% -5% 6% 12% 8% $170,354,270
SNG Siren Gold 0.06 -13% -48% -25% 9% -1% $12,813,260
STN Saturn Metals 0.225 -2% -18% -2% 67% 6% $69,499,099
USL Unico Silver Limited 0.1975 -6% -39% 16% 98% 7% $81,019,595
PNM Pacific Nickel Mines 0.024 0% 0% -29% -73% -6% $10,103,835
AYM Australia United Min 0.002 -33% 0% 0% 0% 0% $3,685,155
ANL Amani Gold Ltd 0.001 0% 0% 0% 0% 0% $23,229,097
HAV Havilah Resources 0.2 0% -5% -11% -29% 1% $65,306,837
SPR Spartan Resources 1.4325 16% -6% 84% 217% 92% $1,568,948,416
PNT Panthermetalsltd 0.017 -19% -54% -59% -57% -3% $4,000,927
MEK Meeka Metals Limited 0.074 12% -4% 106% 95% 3% $171,364,001
GMD Genesis Minerals 2.51 1% 3% 36% 42% 72% $2,843,941,653
PGO Pacgold 0.085 -6% -6% -43% -55% -11% $11,173,619
FEG Far East Gold 0.165 -3% -18% 27% 6% 4% $52,731,275
MI6 Minerals260Limited 0.13 0% -4% -19% -57% -19% $30,420,000
IGO IGO Limited 4.86 -2% -9% -33% -42% -419% $3,657,603,537
GAL Galileo Mining Ltd 0.12 0% -14% -54% -57% -17% $23,714,991
RXL Rox Resources 0.1525 -5% -22% -5% -19% -3% $67,596,071
PTN Patronus Resources 0.061 -3% -15% -2% 2% -1% $99,881,266
CLZ Classic Min Ltd 0.001 0% 0% -80% -98% -5% $1,544,026
TGM Theta Gold Mines Ltd 0.18 0% 0% 20% 33% 7% $148,650,010
FAL Falconmetalsltd 0.14 4% -13% -42% 4% -1% $25,665,000
SXG Southern Cross Gold 3 0% -12% 7% 209% 174% $599,308,744
SPD Southernpalladium 0.7 0% 8% 32% 89% 33% $63,665,000
ORN Orion Minerals Ltd 0.015 -6% -21% -21% 7% 0% $102,574,202
TMB Tambourahmetals 0.026 0% -26% -66% -82% -9% $3,096,521
TMS Tennant Minerals Ltd 0.012 -14% -8% -45% -64% -2% $11,470,685
AZY Antipa Minerals Ltd 0.023 5% -21% 64% 44% 1% $106,404,433
PXX Polarx Limited 0.007 -13% -13% -46% -10% 0% $16,628,507
TRE Toubani Res Ltd 0.1775 -7% -40% 15% 31% 3% $37,778,393
AUN Aurumin 0.057 2% 10% 36% 119% 3% $26,433,108
GPR Geopacific Resources 0.022 -12% -21% -4% 22% 0% $26,027,593
FXG Felix Gold Limited 0.068 -6% -22% 19% 36% 2% $20,376,661
ILT Iltani Resources Lim 0.155 -9% -35% -50% 7% -1% $6,821,628
BRX Belararoxlimited 0.185 -12% -18% -23% -51% -13% $24,130,357
TM1 Terra Metals Limited 0.031 3% -31% -31% -43% -2% $12,313,848
TOR Torque Met 0.047 -10% -39% -78% -75% -17% $10,985,213
ARD Argent Minerals 0.019 -24% -37% -17% 73% 1% $24,575,888
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Stand-out ASX gold news on Friday

Auric Mining (ASX:AWJ)

Auric started processing ore from the Jeffrey’s Find gold mine near Norseman earlier this week, delivering the last 142,000t from the small operation to the Greenfields Mill in WA.

The campaign is expected to run for seven weeks with completion scheduled near the end of January 2025.

Greenfields will be conducting a weekly gold pour during the campaign with all gold to be refined and sold at The Perth Mint.

The joint venture is on target to complete 300,000t of ore at Greenfields Mill from Stage Two of the project.

Auric’s JV partner, BML Ventures, also has a contract with the Three Mile Hill Plant at Coolgardie to process up to 120,000t of ore, which would take the total mined at Jeffreys Find during Stage Two to 420,000t.

“All the ore going through the mill is high grade ore – we expect this campaign to produce the highest number of ounces for the year,” AWJ managing director Mark English said.

“BML have entirely switched their efforts onto getting the required amount of tonnes to the mill and haulage is taking place around the clock.

“With gold to be sold shortly it won’t be long before the first cash will be paid to Auric and cash disbursements will continue for us into the New Year.

“With a very solid gold price we couldn’t possibly be selling gold at a better time.”

 

Titan Minerals (ASX:TTM)

Copper-gold explorer and developer Titan is up on more high-grade gold hits from extensional areas within the Dynasty project in Ecuador.

New trench results include 2.1m at 32g/t gold and 7.4g/t silver from surface at Cerro Verde east and south, confirming the prospectivity of multiple targets highlighted by high grade rock chips, mapped veins and coincident soil geochemical anomalies.

The results provide ‘proof of concept’ over TTM’s new target areas, which are set to be tested as part of a 10,000m of exploration and resource growth drill drive currently underway.

Their shallow nature also bodes well for future development as it could translate into lower mining costs.

“It’s pleasing that trenching in new areas outside current resources has continued to deliver strong results, with the latest result of 2m at 31.96g/t gold and 7.38g/t silver returned from an extensional area ~ 40m along strike from inferred resources at Cerro Verde,” TTM CEO Melanie Leighton said.

“Gold mineralisation at Dynasty outcrops at surface, lending itself to trenching as a rapid and low-cost method for defining the width and tenor of mineralisation in areas.

“Additional trenches are being developed over priority areas, with a steady flow of results expected in the weeks ahead and several targets set to be tested as part of the ~ 10,000m drilling campaign currently underway at Dynasty.”

Three drill rigs are spinning at both the Cerro Verde and Iguana prospects, with several holes completed and samples sent to the laboratory.

The company is aiming to deliver a resource update in mid-2025 at Dynasty, which currently stands at 3.1Moz gold and 22Moz silver.