Gold Digger: Yellow metal on the March as WGC eyes central bank and election boosts

Gold hit an all-time high this week, ending Friday in reasonably strong form
The World Gold Council predicts global elections and Fed cuts could keep the precious metal elevated
ASX gold stocks performing well this week included: KNB, SXG, AWJ

What’s happening in the world near and far pertaining to gold on Friday March 8? Let’s take a quick squizz.

What with the yellow metal achieving an all-time high this week, it’s been a very good time to be a gold bug just lately. Bitcoin bug, too, actually – but that’s another story of value.

At last check, spot gold pricing was soaring around US$2,160, while the precious yellow commodity was changing hands for a handy $3,260 Aussie bucks.

Yes, there’s been a bit of profit taking end of week, but what’s been causing the surges? Mostly, it’s bets on rate cuts from Jerome Powell and mates over at the US Federal Reserve.

Powell has been testifying before the US Senate Banking Committee this week and said that the Fed is “not far” from achieving the confidence that inflation is moving closer to the Fed’s 2% goal, in which case the central bank would begin a series of interest-rate cuts.

And what’s the CME Fedwatch Tool Bat Computer saying? Just waiting for the printout… A 74% chance of a June rate cut and up around 91% for July. Holy perfect storm, Batman – particularly if the USD itself continues to spiral.

As for March, April and May interest rate cuts? Expectations for those seem to be thrown out the window, but the Fed has surprised the market before.

By the way, why are interest rate cuts good for gold? Actually, our Josh explained it very nicely recently:

“Rate cuts are good for investments like gold because bullion does not pay interest. As rates fall the attractiveness of liquidating solid investments like gold to cash dissipates.”

Thanks Josh.

Low interest rates tend to weigh on the US dollar, which historically has an inclination to inversely correlate to the price of gold.

As Eddy reported in his Closing Bell column just now, all eyes are now tonight’s key US employment data.

“Friday’s jobs data could be a wild one,” Andrew Brenner at Natalliance Securities told Bloomberg, adding that bond yields could swing dramatically.

World Gold Council takes

A prominent and respected market data and analytical source for the global gold industry, the World Gold Council works across all sections of the broad gold galaxy – from mining to investment – with, it says, the aim of stimulating and sustaining demand for gold.

The WGC has just released its latest market commentary since the commodity hit all time highs again late this week. Here are some of the more noteworthy takeaways from that – their specific words in quotes, obviously:

• Gold is on the March after a lacklustre February. But why the Feb dip?

“A rise in the US 10-year Treasury yield (+34bps) appeared to be the major culprit in driving gold lower… Continued outperformance from the Magnificent Seven stocks (Mag7), also likely contributed to gold’s lacklustre performance.

• Fed up? The March Fed meeting looms as important, says the WGC:

“It will provide investors, following a slew of strong data, with the first set of dot plots since December’s dovish tilt. Even though markets have priced out a cut, the argument for is as vehement as the argument against. Uncertainty reigns in monetary policy.”

• And Iran, Iran so far away… the WGC is keeping an eye on the volatile Middle Eastern country’s elections: “The country’s consumers are major gold buyers and their elections could pave the way for an important political secession.”

Iran is the sixth largest buyer of gold jewellery, bars and coins, according to the WGC.

• Election risks. “2024 is peppered with political event risk as important elections line up in a more divisive world,” added the Council.

This includes, of course, the blockbuster US election Fight of the Century between gaffe-prone, hair-challenged, limp-bellied senior citizens.

“Elections will come thick and fast this year. Some outcomes will be domestically contained but others may spill over into the current tense geopolitical climate.”

As we know, geopolitical risks are a major driver for bullion, and there remain plenty of those to keep the safe haven narrative afloat for months/years to come.

• Central banks keep buying in January. The Council noted that the world’s central banks added another 39 tonnes to global gold reserves in the first month of this year.

“Turkey and China again led the charge among buyers, while significant sales were virtually non-existent,” said the WGC, adding:

“The themes underpinning central bank demand remain in play, and have in some cases intensified, likely keeping central bank demand well supported in 2024.”

• In conclusion, the WGC noted:

“Gold’s strong bounce at the start of March has taken gold to new consecutive all-time highs. This suggests a market itching for a trigger, aided by recent strong reported Chinese demand, a quietly bullish sell-side gold forecast and weaker US ISM numbers on 1 March.”

ASX Winners & Losers

Here’s how ASX-listed precious metals stocks are performing, circa 3pm March 8:

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	% Year	Market Cap
MRR	Minrex Resources Ltd	0.013	-13%	8%	-58%	$14,103,278
NPM	Newpeak Metals	0.012	0%	-25%	-88%	$1,199,421
ASO	Aston Minerals Ltd	0.015	0%	-21%	-88%	$20,721,028
MTC	Metalstech Ltd	0.19	27%	15%	-57%	$32,122,280
FFX	Firefinch Ltd	0.2	0%	0%	0%	$236,569,315
GED	Golden Deeps	0.041	3%	8%	-57%	$4,620,894
G88	Golden Mile Res Ltd	0.011	0%	-21%	-21%	$4,523,451
DCX	Discovex Res Ltd	0.002	100%	33%	-33%	$6,605,136
NMR	Native Mineral Res	0.023	-12%	15%	-66%	$4,824,262
AQX	Alice Queen Ltd	0.005	0%	0%	-71%	$3,454,921
SLZ	Sultan Resources Ltd	0.025	92%	69%	-51%	$3,852,941
MKG	Mako Gold	0.015	25%	-38%	-63%	$14,640,123
KSN	Kingston Resources	0.084	8%	2%	-12%	$40,832,870
AMI	Aurelia Metals Ltd	0.14	4%	27%	28%	$236,567,437
PNX	PNX Metals Limited	0.005	0%	11%	67%	$32,283,748
GIB	Gibb River Diamonds	0.028	-7%	-15%	-49%	$5,922,264
KCN	Kingsgate Consolid.	1.395	16%	17%	-7%	$358,274,852
TMX	Terrain Minerals	0.004	-20%	0%	-43%	$5,726,683
BNR	Bulletin Res Ltd	0.07	-5%	-16%	-33%	$20,846,546
NXM	Nexus Minerals Ltd	0.039	11%	8%	-77%	$15,173,345
SKY	SKY Metals Ltd	0.042	0%	31%	-18%	$18,455,924
LM8	Lunnonmetalslimited	0.245	2%	-9%	-73%	$55,548,240
CST	Castile Resources	0.07	-4%	-21%	-25%	$17,416,975
YRL	Yandal Resources	0.11	5%	-6%	21%	$31,912,209
FAU	First Au Ltd	0.003	0%	0%	0%	$4,985,980
ARL	Ardea Resources Ltd	0.545	16%	40%	3%	$107,374,219
GWR	GWR Group Ltd	0.096	4%	8%	55%	$30,515,582
IVR	Investigator Res Ltd	0.04	21%	11%	11%	$63,355,183
GTR	Gti Energy Ltd	0.0085	6%	-15%	-14%	$17,424,550
IPT	Impact Minerals	0.015	25%	36%	88%	$42,970,558
BNZ	Benzmining	0.135	-7%	-18%	-68%	$16,135,306
MOH	Moho Resources	0.005	-17%	-17%	-71%	$3,235,069
BCM	Brazilian Critical	0.024	4%	-4%	-77%	$18,498,920
PUA	Peak Minerals Ltd	0.0025	0%	-17%	-50%	$2,603,442
MRZ	Mont Royal Resources	0.064	-19%	-29%	-63%	$5,441,907
SMS	Starmineralslimited	0.034	-8%	-26%	-51%	$2,885,066
MVL	Marvel Gold Limited	0.011	0%	10%	-42%	$9,501,698
PRX	Prodigy Gold NL	0.005	67%	25%	-55%	$7,004,431
AAU	Antilles Gold Ltd	0.022	0%	5%	-33%	$18,866,074
CWX	Carawine Resources	0.11	15%	10%	23%	$23,612,545
RND	Rand Mining Ltd	1.25	0%	-7%	-10%	$71,094,951
CAZ	Cazaly Resources	0.02	0%	-5%	-31%	$8,638,090
BMR	Ballymore Resources	0.1	4%	-17%	-33%	$17,280,397
DRE	Dreadnought Resources Ltd	0.02	5%	5%	-72%	$66,149,886
ZNC	Zenith Minerals Ltd	0.09	10%	-22%	-59%	$31,714,279
REZ	Resourc & En Grp Ltd	0.01	11%	0%	-23%	$4,998,058
LEX	Lefroy Exploration	0.11	-8%	-21%	-51%	$22,969,789
ERM	Emmerson Resources	0.048	-4%	-6%	-38%	$27,235,489
AM7	Arcadia Minerals	0.07	-13%	6%	-69%	$7,633,507
ADT	Adriatic Metals	3.565	2%	2%	-2%	$854,014,966
AS1	Asara Resources Ltd	0.009	0%	-25%	-69%	$7,134,578
CYL	Catalyst Metals	0.63	29%	19%	-51%	$133,195,314
CHN	Chalice Mining Ltd	1.295	15%	36%	-80%	$517,321,194
KAL	Kalgoorliegoldmining	0.025	9%	14%	-69%	$3,645,517
MLS	Metals Australia	0.026	0%	-13%	-42%	$18,391,608
ADN	Andromeda Metals Ltd	0.03	11%	30%	-41%	$93,308,128
MEI	Meteoric Resources	0.215	19%	23%	87%	$437,826,366
SRN	Surefire Rescs NL	0.012	9%	0%	-37%	$21,596,386
SIH	Sihayo Gold Limited	0.001	0%	-50%	-50%	$12,204,256
WA8	Warriedarresourltd	0.04	38%	0%	-75%	$21,849,814
HMX	Hammer Metals Ltd	0.036	0%	-5%	-43%	$32,797,072
WCN	White Cliff Min Ltd	0.016	-6%	-6%	60%	$21,016,144
AVM	Advance Metals Ltd	0.035	13%	-3%	-83%	$1,402,973
WRM	White Rock Min Ltd	0.063	0%	0%	-5%	$17,508,200
ASR	Asra Minerals Ltd	0.005	0%	-17%	-58%	$9,983,974
MCT	Metalicity Limited	0.002	0%	0%	0%	$11,212,634
AME	Alto Metals Limited	0.032	14%	19%	-48%	$21,645,695
CTO	Citigold Corp Ltd	0.005	0%	0%	-9%	$12,000,000
TIE	Tietto Minerals	0.61	2%	0%	1%	$694,882,627
SMI	Santana Minerals Ltd	1.365	23%	-5%	65%	$242,740,008
M2R	Miramar	0.016	-6%	-20%	-67%	$2,381,913
MHC	Manhattan Corp Ltd	0.003	0%	0%	-50%	$8,810,939
GRL	Godolphin Resources	0.033	-3%	-13%	-47%	$5,584,987
SVG	Savannah Goldfields	0.033	10%	-11%	-79%	$8,189,455
EMC	Everest Metals Corp	0.078	-3%	-5%	-5%	$12,649,799
GUL	Gullewa Limited	0.055	0%	0%	-7%	$11,262,521
CY5	Cygnus Metals Ltd	0.059	-6%	-16%	-84%	$18,076,667
G50	Gold50Limited	0.086	19%	-14%	-62%	$8,415,330
ADV	Ardiden Ltd	0.145	4%	-22%	-52%	$9,065,038
AAR	Astral Resources NL	0.06	2%	-15%	-14%	$45,999,657
VMC	Venus Metals Cor Ltd	0.095	-1%	-5%	9%	$18,024,225
NAE	New Age Exploration	0.004	-20%	0%	-33%	$8,969,495
VKA	Viking Mines Ltd	0.01	-17%	-29%	-5%	$10,252,584
LCL	LCL Resources Ltd	0.012	20%	9%	-63%	$10,507,481
MTH	Mithril Resources	0.002	0%	0%	0%	$6,737,609
ADG	Adelong Gold Limited	0.0045	0%	-10%	-44%	$2,871,956
RMX	Red Mount Min Ltd	0.002	0%	-33%	-56%	$5,347,152
PRS	Prospech Limited	0.034	6%	10%	41%	$8,914,908
TTM	Titan Minerals	0.029	32%	53%	-53%	$49,179,542
NML	Navarre Minerals Ltd	0.019	0%	0%	-44%	$28,555,654
MZZ	Matador Mining Ltd	0.041	3%	14%	-49%	$20,986,443
KZR	Kalamazoo Resources	0.095	-2%	-14%	-44%	$14,858,301
BCN	Beacon Minerals	0.025	9%	4%	-14%	$90,162,436
MAU	Magnetic Resources	1.09	12%	17%	51%	$270,357,322
BC8	Black Cat Syndicate	0.255	31%	19%	-34%	$73,435,591
EM2	Eagle Mountain	0.074	12%	19%	-61%	$20,432,780
EMR	Emerald Res NL	3.09	12%	1%	117%	$1,952,522,495
BYH	Bryah Resources Ltd	0.008	0%	-11%	-65%	$3,483,628
HCH	Hot Chili Ltd	1.03	0%	-1%	13%	$119,445,206
WAF	West African Res Ltd	1.0425	18%	23%	9%	$1,057,371,420
MEU	Marmota Limited	0.047	4%	-13%	9%	$48,704,826
NVA	Nova Minerals Ltd	0.29	16%	4%	-44%	$60,103,668
SVL	Silver Mines Limited	0.15	7%	7%	0%	$219,538,710
PGD	Peregrine Gold	0.22	-4%	-19%	-48%	$14,529,361
ICL	Iceni Gold	0.025	32%	-38%	-73%	$7,643,393
FG1	Flynngold	0.042	-7%	-21%	-44%	$7,058,059
WWI	West Wits Mining Ltd	0.017	31%	70%	55%	$41,316,658
RML	Resolution Minerals	0.0035	17%	17%	-42%	$3,779,990
AAJ	Aruma Resources Ltd	0.018	20%	-10%	-72%	$3,347,156
AL8	Alderan Resource Ltd	0.005	25%	67%	-29%	$6,641,168
GMN	Gold Mountain Ltd	0.005	25%	43%	25%	$9,111,514
MEG	Megado Minerals Ltd	0.011	0%	-35%	-75%	$2,799,011
HMG	Hamelingoldlimited	0.071	0%	-10%	-22%	$11,182,500
TBA	Tombola Gold Ltd	0.026	0%	0%	0%	$33,129,243
BM8	Battery Age Minerals	0.14	-7%	0%	-71%	$13,764,048
TBR	Tribune Res Ltd	3.22	11%	12%	0%	$168,947,208
FML	Focus Minerals Ltd	0.17	3%	6%	0%	$50,147,763
GSR	Greenstone Resources	0.007	0%	17%	-68%	$9,576,794
VRC	Volt Resources Ltd	0.005	-23%	0%	-58%	$24,780,640
ARV	Artemis Resources	0.02	43%	43%	33%	$30,441,531
HRN	Horizon Gold Ltd	0.27	10%	-2%	-9%	$35,485,781
CLA	Celsius Resource Ltd	0.013	8%	18%	-19%	$29,198,672
QML	Qmines Limited	0.061	-13%	-19%	-62%	$13,221,324
RDN	Raiden Resources Ltd	0.024	-4%	9%	405%	$66,414,628
TCG	Turaco Gold Limited	0.15	7%	36%	134%	$85,272,889
KCC	Kincora Copper	0.031	0%	-11%	-59%	$6,135,504
GBZ	GBM Rsources Ltd	0.009	13%	0%	-75%	$8,910,781
DTM	Dart Mining NL	0.015	7%	7%	-67%	$3,413,694
MKR	Manuka Resources.	0.085	16%	16%	27%	$47,988,011
AUC	Ausgold Limited	0.031	19%	15%	-40%	$66,588,095
ANX	Anax Metals Ltd	0.0195	-3%	-7%	-70%	$10,848,959
EMU	EMU NL	0.001	0%	0%	-50%	$2,024,771
SFM	Santa Fe Minerals	0.045	0%	5%	-34%	$3,276,846
SSR	SSR Mining Inc.	6.67	4%	-54%	-67%	$32,637,116
PNR	Pantoro Limited	0.051	24%	24%	-7%	$260,201,526
CMM	Capricorn Metals	5.25	11%	21%	34%	$1,966,400,042
X64	Ten Sixty Four Ltd	0.57	0%	0%	0%	$130,184,182
SI6	SI6 Metals Limited	0.004	0%	-20%	-33%	$7,975,438
HAW	Hawthorn Resources	0.077	-5%	-16%	-14%	$25,796,202
BGD	Bartongoldholdings	0.255	0%	0%	11%	$51,111,314
SVY	Stavely Minerals Ltd	0.034	-3%	-3%	-85%	$13,367,903
AGC	AGC Ltd	0.075	-12%	6%	42%	$17,555,556
RGL	Riversgold	0.008	-11%	-11%	-58%	$8,708,953
TSO	Tesoro Gold Ltd	0.029	26%	12%	-12%	$35,657,841
GUE	Global Uranium	0.105	-5%	-22%	-36%	$26,351,332
CPM	Coopermetalslimited	0.315	17%	5%	17%	$24,682,030
MM8	Medallion Metals.	0.055	8%	-8%	-57%	$16,920,841
FFM	Firefly Metals Ltd	0.55	12%	12%	-13%	$201,295,304
CBY	Canterbury Resources	0.028	-13%	4%	-30%	$4,637,004
LYN	Lycaonresources	0.155	-9%	-23%	-33%	$6,828,719
SFR	Sandfire Resources	7.85	3%	10%	31%	$3,665,079,080
TMZ	Thomson Res Ltd	0.005	0%	0%	0%	$4,881,018
TAM	Tanami Gold NL	0.032	14%	0%	-14%	$37,603,105
WMC	Wiluna Mining Corp	0.205	0%	0%	0%	$74,238,031
NWM	Norwest Minerals	0.032	3%	23%	-14%	$11,499,824
ALK	Alkane Resources Ltd	0.5825	21%	6%	-19%	$353,010,830
BMO	Bastion Minerals	0.009	-10%	-22%	-71%	$2,802,997
IDA	Indiana Resources	0.079	0%	-8%	52%	$50,449,439
GSM	Golden State Mining	0.011	10%	-8%	-72%	$2,793,706
NSM	Northstaw	0.034	-11%	-29%	-74%	$4,895,652
GSN	Great Southern	0.022	16%	16%	5%	$18,111,245
RED	Red 5 Limited	0.36	9%	13%	167%	$1,246,968,198
DEG	De Grey Mining	1.305	3%	11%	-8%	$2,452,926,821
THR	Thor Energy PLC	0.026	4%	-19%	-57%	$4,604,303
CDR	Codrus Minerals Ltd	0.044	-8%	-12%	-54%	$4,065,050
MDI	Middle Island Res	0.015	0%	-12%	-67%	$3,700,118
WTM	Waratah Minerals Ltd	0.063	-10%	-37%	-53%	$9,409,963
POL	Polymetals Resources	0.27	-7%	4%	59%	$41,768,719
RDS	Redstone Resources	0.0045	13%	13%	-55%	$4,164,203
NAG	Nagambie Resources	0.025	-14%	4%	-57%	$19,915,892
BGL	Bellevue Gold Ltd	1.555	2%	21%	32%	$1,848,426,706
GBR	Greatbould Resources	0.063	9%	7%	-35%	$38,315,981
KAI	Kairos Minerals Ltd	0.014	8%	-7%	-19%	$36,692,771
KAU	Kaiser Reef	0.14	17%	33%	-19%	$25,656,584
HRZ	Horizon	0.036	-14%	0%	-31%	$24,534,429
CAI	Calidus Resources	0.15	-6%	-14%	-40%	$91,896,909
CDT	Castle Minerals	0.0065	0%	-7%	-69%	$7,959,204
RSG	Resolute Mining	0.385	15%	3%	38%	$840,974,755
MXR	Maximus Resources	0.033	10%	0%	-3%	$10,591,210
EVN	Evolution Mining Ltd	3.315	12%	7%	15%	$6,533,537,824
CXU	Cauldron Energy Ltd	0.043	13%	-7%	445%	$44,852,128
DLI	Delta Lithium	0.325	-3%	16%	-18%	$227,782,285
ALY	Alchemy Resource Ltd	0.008	0%	0%	-50%	$9,424,610
HXG	Hexagon Energy	0.016	33%	33%	7%	$6,667,907
OBM	Ora Banda Mining Ltd	0.2775	9%	16%	122%	$469,565,795
SLR	Silver Lake Resource	1.215	13%	8%	17%	$1,140,388,086
AVW	Avira Resources Ltd	0.001	0%	-50%	-67%	$2,133,790
LCY	Legacy Iron Ore	0.015	0%	0%	-21%	$123,416,772
PDI	Predictive Disc Ltd	0.225	15%	13%	29%	$467,154,920
MAT	Matsa Resources	0.028	4%	-3%	-32%	$13,407,073
ZAG	Zuleika Gold Ltd	0.017	0%	0%	13%	$12,513,454
GML	Gateway Mining	0.03	36%	50%	-32%	$10,363,783
SBM	St Barbara Limited	0.175	17%	6%	-30%	$147,234,668
SBR	Sabre Resources	0.018	6%	-14%	-45%	$6,175,322
STK	Strickland Metals	0.089	16%	-1%	128%	$149,429,032
ION	Iondrive Limited	0.009	-10%	0%	-59%	$4,376,568
CEL	Challenger Gold Ltd	0.084	2%	8%	-35%	$97,109,965
LRL	Labyrinth Resources	0.006	50%	-14%	-52%	$7,125,262
NST	Northern Star	14.35	11%	8%	35%	$16,548,784,070
OZM	Ozaurum Resources	0.066	-1%	-6%	32%	$10,636,250
TG1	Techgen Metals Ltd	0.035	-15%	3%	-45%	$5,085,303
XAM	Xanadu Mines Ltd	0.043	2%	-16%	43%	$72,072,252
AQI	Alicanto Min Ltd	0.035	35%	40%	-29%	$18,460,104
KTA	Krakatoa Resources	0.011	-15%	-39%	-71%	$5,193,179
ARN	Aldoro Resources	0.081	-9%	-13%	-65%	$11,173,771
WGX	Westgold Resources.	2.44	24%	23%	154%	$1,165,111,916
MBK	Metal Bank Ltd	0.022	22%	0%	1%	$9,371,023
A8G	Australasian Metals	0.071	-5%	-28%	-53%	$3,648,435
TAR	Taruga Minerals	0.007	0%	-22%	-59%	$4,942,187
DTR	Dateline Resources	0.012	0%	20%	-37%	$17,433,421
GOR	Gold Road Res Ltd	1.62	9%	10%	10%	$1,790,910,725
S2R	S2 Resources	0.15	7%	11%	11%	$72,457,279
NES	Nelson Resources.	0.004	0%	0%	-33%	$2,454,377
TLM	Talisman Mining	0.18	3%	0%	22%	$35,780,866
BEZ	Besragoldinc	0.15	7%	-3%	275%	$60,624,631
PRU	Perseus Mining Ltd	2.01	15%	18%	-5%	$2,843,277,389
SPQ	Superior Resources	0.01	11%	-9%	-82%	$20,012,204
PUR	Pursuit Minerals	0.005	0%	25%	-81%	$14,719,857
RMS	Ramelius Resources	1.54	7%	1%	40%	$1,763,103,234
PKO	Peako Limited	0.004	33%	33%	-67%	$2,108,339
ICG	Inca Minerals Ltd	0.006	-14%	-21%	-71%	$3,526,958
A1G	African Gold Ltd.	0.037	6%	-8%	-57%	$6,264,515
OAU	Ora Gold Limited	0.006	0%	20%	50%	$34,440,005
GNM	Great Northern	0.017	6%	-11%	-72%	$2,628,694
KRM	Kingsrose Mining Ltd	0.0345	11%	8%	-49%	$27,090,955
BTR	Brightstar Resources	0.016	33%	45%	-6%	$37,926,062
RRL	Regis Resources	2.04	12%	4%	17%	$1,525,784,392
M24	Mamba Exploration	0.027	-16%	-49%	-78%	$5,154,304
TRM	Truscott Mining Corp	0.05	0%	0%	-17%	$8,668,353
TNC	True North Copper	0.089	-7%	2%	68%	$33,220,160
MOM	Moab Minerals Ltd	0.007	0%	0%	-13%	$4,983,744
KNB	Koonenberrygold	0.032	113%	-22%	-57%	$3,113,476
AWJ	Auric Mining	0.175	46%	59%	289%	$22,900,428
AZS	Azure Minerals	3.605	2%	-1%	1165%	$1,651,246,470
ENR	Encounter Resources	0.28	4%	4%	93%	$110,618,965
SNG	Siren Gold	0.055	12%	-5%	-50%	$11,060,853
STN	Saturn Metals	0.16	0%	7%	19%	$35,804,396
USL	Unico Silver Limited	0.1	11%	2%	-23%	$31,085,417
PNM	Pacific Nickel Mines	0.043	16%	2%	-39%	$17,984,884
AYM	Australia United Min	0.003	0%	0%	0%	$5,527,732
ANL	Amani Gold Ltd	0.001	0%	0%	0%	$25,143,441
HAV	Havilah Resources	0.155	3%	3%	-53%	$44,329,489
SPR	Spartan Resources	0.6225	30%	38%	272%	$584,014,453
PNT	Panthermetalsltd	0.038	0%	-16%	-69%	$2,963,650
MEK	Meeka Metals Limited	0.036	20%	-5%	-10%	$43,214,813
GMD	Genesis Minerals	1.895	24%	18%	89%	$2,151,307,172
PGO	Pacgold	0.155	-3%	-16%	-58%	$13,463,270
FEG	Far East Gold	0.16	23%	14%	-48%	$27,993,963
MI6	Minerals260Limited	0.16	0%	-9%	-53%	$38,610,000
IGO	IGO Limited	7.755	-2%	10%	-44%	$5,868,825,551
GAL	Galileo Mining Ltd	0.255	6%	21%	-65%	$50,394,356
RXL	Rox Resources	0.155	0%	-14%	-31%	$59,096,682
KIN	KIN Min NL	0.069	17%	15%	33%	$81,292,388
CLZ	Classic Min Ltd	0.001	0%	0%	-50%	$12,357,085
TGM	Theta Gold Mines Ltd	0.13	8%	30%	91%	$92,500,179
FAL	Falconmetalsltd	0.14	12%	12%	-59%	$24,780,000
SXG	Southern Cross Gold	1.79	49%	61%	184%	$153,544,837
SPD	Southernpalladium	0.335	-12%	-11%	-32%	$14,646,631
ORN	Orion Minerals Ltd	0.013	0%	-7%	-24%	$76,001,701
TMB	Tambourahmetals	0.084	-5%	-2%	-30%	$6,884,049
TMS	Tennant Minerals Ltd	0.028	0%	-7%	-13%	$20,641,858
AZY	Antipa Minerals Ltd	0.014	17%	8%	-26%	$57,887,311
PXX	Polarx Limited	0.011	-21%	-13%	3%	$18,035,785
TRE	Toubani Res Ltd	0.1	-13%	-17%	-38%	$14,725,223
AUN	Aurumin	0.042	17%	27%	-19%	$14,737,723
GPR	Geopacific Resources	0.017	13%	10%	-29%	$13,147,478
FXG	Felix Gold Limited	0.035	3%	-15%	-70%	$7,252,529
ILT	Iltani Resources Lim	0.13	-13%	-28%	0%	$4,761,471
ARD	Argent Minerals	0.01	11%	25%	-29%	$14,209,349