While the battery metals players and Pilbara gold guys have continued to enjoy strong share price growth, it is a tungsten explorer that has captured investor hearts over the past year.

A review of the top 100 performing resources stocks over the past year reveals Tungsten Mining (ASX:TGN) as the market darling — with its share price rocketing nearly 2500 per cent since June 2017.

The 20-bagger was 2c a year ago — and touched 81.5c in May.

Two other mining stocks have returned more than 1000 per cent over the period. King River Copper (ASX:KRC) is up 1820 per cent and Winmar Resources (ASX:WFE) has gained 1100 per cent.

About 45 per cent of the ASX’s 700 or so mining stocks made gains in the past year.

>> Scroll down for a list of the top 100 best performing resources stocks on the ASX

Tungsten Mining recently closed a $20 million capital oversubscribed by more than double after announcing plans to buy the Vital Metals (ASX:VML) Watershed tungsten project in Queensland for $15 million.

Vital Metals has not been so lucky, with its share price dipping 9 per cent during the same period. The company has switched its focus to cobalt in Germany.

Tungsten has the highest melting point of all metals and has major applications in machine tools (drill bits and cutting tools), as a toughener in steel alloys, in ammunition and armoury, and a range of other applications.

While China’s crackdown on illegal and environmentally damaging mines has been the biggest factor in tungsten’s price rise, there is also some excitement about new emerging applications in cars and batteries.

Tungsten Mining is focused on a low capital start-up of the Mulgine Hill deposit to generate cash to fund large scale mining of the Mulgine Trench deposit in Western Australia.

Here’s a list of the top 100 best performing resources stocks on the ASX.

Scroll or swipe for full table. Click headings to sort.

ASX code Company One-year price change Price Jun 19 (intraday) Market Cap
TGN TUNGSTEN MINING 24.8695652174 0.595 395.8M
KRC KING RIVER COPPE 18.2 0.096 117.3M
WFE WINMAR RESOURCES (suspended) 11 0.024 58.2M
AUZ AUSTRALIAN MINES 6.69230769231 0.1 262.4M
KFE KOGI IRON 6.27272727273 0.16 106.0M
NCZ NEW CENTURY 5.92307692308 1.35 637.5M
JRV JERVOIS MINING 5.48936170213 0.305 62.8M
RIE RIEDEL RESOURCES 5.3 0.063 26.3M
OMH OM HLDGS 4.86842105263 1.115 823.6M
COB COBALT BLUE 4.5 0.99 121.6M
CLA CELSIUS RESOURCE 4.24242424242 0.173 135.5M
EUR EUROPEANITHIUM 3.88095238095 0.205 103.7M
FYI FYI RESOURCES 3.6 0.115 21.4M
QBL QUEENSLAND BAUXITE (suspended) 3.45454545455 0.049 78.1M
JMS JUPITER MINES 3.32098765432 0.35 720.9M
ODM ODIN METALS 3.11764705882 0.21 30.7M
AIS AERIS RESOURCES 3.10256410256 0.16 44.8M
DEG DE GREY MINING 2.95833333333 0.19 66.9M
DRG DRAIG RESOURCES 2.90243902439 0.16 63.6M
CLL COLLERINA COBALT 2.80769230769 0.099 49.0M
BPL BROKEN HILL PROS 2.79310344828 0.11 16.3M
NVA NOVA MINERALS 2.77777777778 0.034 23.5M
MYE MASTERMYNE GROUP 2.75 1.05 107.2M
NAG NAGAMBIE RESOURC 2.66666666667 0.165 67.2M
PDN PALADIN ENERGY 2.6170212766 0.17 299.7M
GWR GWR GROUP 2.55555555556 0.16 40.4M
TAR TARUGA MINERALS 2.54166666667 0.17 20.7M
AGY ARGOSY MINERALS 2.5 0.28 238.8M
ARE ARGONAUT RESOURC 2.5 0.021 31.1M
KRL KANGAROO RESOURC 2.47368421053 0.066 219.8M
KDR KIDMAN RESOURCES 2.44642857143 1.93 769.2M
NME NEX METALS EXPLO 2.4 0.017 2.6M
AGO ATLAS IRON 2.38461538462 0.044 408.3M
4CE FORCE COMMODITIE 2.375 0.054 24.0M
VAN VANGO MINING 2.33333333333 0.22 99.7M
GCR GOLDEN CROSS RES 2.27272727273 0.036 3.0M
SYA SAYONA MINING 2.23076923077 0.042 72.4M
DHR DARK HORSE RESOU 2.16666666667 0.019 35.7M
VEC VECTOR RESOURCES 2.16666666667 0.019 26.4M
POZ POZ MINERALS 2.12 0.078 14.0M
DMI DEMPSEY MINERALS 2.11320754717 0.165 12.3M
AMI AURELIA METALS 2.05405405405 0.565 479.3M
LEG LEGEND MINING 2 0.039 75.6M
AYM AUSTRALIA UNITED 2 0.003 3.8M
MDL MINERAL DEPOSITS 1.97297297297 1.65 335.9M
PEX PEEL MINING 1.91891891892 0.54 99.3M
BSM BASS METALS 1.9 0.029 70.0M
REY REY RESOURCES 1.9 0.29 59.5M
AVL AUSTRALIAN VANAD 1.875 0.046 75.4M
PAN PANORAMIC RESOUR 1.87128712871 0.58 302.3M
SVY STAVELY MINERALS 1.85714285714 0.28 41.2M
AOP APOLLO CONSOLIDA 1.81818181818 0.155 26.7M
AHN ATHENA RESOURCES 1.8125 0.045 9.8M
VXR VENTUREX RESOURC 1.8 0.014 50.4M
WKT WALKABOUT RESOUR 1.77777777778 0.15 37.6M
LKE LAKE RESOURCES 1.77777777778 0.1 30.6M
G88 GOLDEN MILE RESO 1.75675675676 0.51 27.2M
AVZ AVZ MINERALS 1.74285714286 0.096 181.2M
LYC LYNAS CORP 1.68279569892 2.495 1.7B
GBR GREAT BOULDER RE 1.66666666667 0.4 31.9M
PLL PIEDMONTITHIUM 1.62820512821 0.205 111.8M
DGO DGO GOLD 1.60586319218 0.8 12.5M
NCR NUCOAL RESOURCES 1.6 0.013 9.2M
LSR LODESTAR MINERAL 1.6 0.026 19.6M
AJM ALTURA MINING 1.54074074074 0.343 637.0M
HHM HAMPTON HILL MNG 1.53846153846 0.033 9.7M
ARV ARTEMIS RESOURCE 1.53424657534 0.185 117.2M
TMT TECHNOLOGY METAL 1.52777777778 0.455 25.2M
HAS HASTINGS TECHNOL 1.5 0.215 156.5M
AOA AUSMON RESOURCES 1.5 0.01 5.2M
MCR MINCOR RESOURCES 1.5 0.4 90.3M
GSC GLOBAL GEOSCIENC 1.5 0.4 549.1M
LTR LIONTOWN RESOURC 1.5 0.03 29.8M
FRC FORTE CONSOLIDAT 1.47619047619 0.052 12.8M
PLS PILBARA MINERALS 1.41891891892 0.895 1.6B
LPD LEPIDICO 1.4 0.036 101.6M
HIG HIGHLANDS PAC 1.36842105263 0.135 142.1M
AML AEON METALS 1.35714285714 0.33 202.2M
CYL CATALYST METALS 1.35643564356 1.19 74.9M
DRX DIATREME RESOURC 1.33333333333 0.021 22.9M
STM SUNSTONE METALS 1.33333333333 0.035 44.5M
MRC MINERAL COMMODIT 1.32 0.29 117.2M
AQD AUSQUEST 1.28571428571 0.032 16.3M
DTM DART MINING NL 1.25 0.009 5.8M
RDS REDSTONE RESOURC 1.22222222222 0.02 7.2M
RED RED 5 1.22222222222 0.08 96.8M
GMD GENESIS MINERALS 1.22222222222 0.04 36.4M
TKL TRAKA RESOURCES 1.22222222222 0.04 13.3M
SMR STANMORE COAL 1.22222222222 0.8 187.6M
AXE ARCHER EXPLORATI 1.22222222222 0.1 18.2M
FTZ FERTOZ 1.19512195122 0.18 18.6M
KAI KAIROS MINERALS 1.17647058824 0.037 30.1M
CAE CANNINDAH RESOUR 1.17391304348 0.05 7.6M
GME GME RESOURCES 1.16666666667 0.13 62.7M
SPQ SUPERIOR RESOURC 1.16666666667 0.013 7.6M
FMS FLINDERS MINES 1.15 0.086 289.6M
BGS BIRIMIAN 1.14583333333 0.515 118.7M
ANS AUSTSINO RESOURC 1.14285714286 0.015 76.1M
ASN ANSON RESOURCES 1.1 0.042 17.0M
AHQ ALLEGIANCE COAL 1.09523809524 0.044 20.5M

Proving that battery metals are still very much on the shopping list for investors, King River Copper has seen its share price rocket 1820 per cent in the past 12 months.

The company has a landholding in Western Australia that it says contains “one of the world’s largest titanium and vanadium in magnetite deposits”.

Emerging cobalt player Winmar Resources has seen its share price spike 1100 per cent in the past 12 months.

Investors piled into Winmar in March after the explorer raised $3.1 million to buy cobalt in the Congo and appointed Singapore-based Airguide as a corporate advisor.

Airguide has performed the same role in the Democratic Republic of Congo (DRC) for popular lithium miner AVZ Minerals (ASX:AVZ).

Winmar is currently in a voluntary suspension while it works to finalise the cobalt deal.

There is a lot of excitement around cobalt, with a shortage expected on the global auto industry’s massive growth plans in the electric vehicle space.

China’s rush to reduce pollution by rolling out more electric vehicles is seeing the Asian powerhouse make a mad scramble to secure more cobalt.

Although Tesla and Panasonic have vowed to slash their cobalt usage, other electric vehicle and battery makers continue to strike deals to shore up supply on the looming shortfall.

Jervois Mining (ASX:JRV), meanwhile, is up 548 per cent. The company is developing its Nico Young nickel and cobalt project in New South Wales.

Jervois recently approved a $1.4 million budget to undertake drilling and testwork to fast track development of the project.

Cobalt Blue Holdings (ASX:COB) has gained 450 per cent over the past year.

The company and its joint venture partner Broken Hill Prospecting (ASX:BPL) told investors in March they had secured a “major strategic partnership” with LG International (LGI) – the resources investment arm of LG Corporation – for the Thackaringa cobalt joint venture.

LGI is interested in securing more cobalt, nickel and lithium, key components of lithium-ion batteries, and is working with LG Chem – a developer of next generation batteries for fixed storage and electric vehicles.

LG Chem is the fourth largest electric vehicle battery maker globally.

Broken Hill was also in the top 100, with a 279 per cent share price gain in the past year.

Of the Pilbara gold guys, De Grey Mining (ASX:DEG) has been a standout of late, with its share price up nearly 300 per cent.

De Grey thinks it won’t have too much trouble expanding its gold resource in the Pilbara after finding more mineralisation at shallow depths.

The goal of recent drilling was largely to improve confidence in the resource so it could be converted to a reserve.

Mineral reserves are resources known to be economically feasible for extraction.

However, at the same time, De Grey has extended the mineralisation at some of the prospects within its Pilbara gold project – which already hosts a 1.2-million-ounce-resource.

The company is now working on updating the resource with the aim of releasing a new estimate once it has all the drilling results, which are expected by the end of July.

Who’s on the naughty list?

Drake Resources (ASX:DRK) unfortunately was not among the gainers and in the past year saw its share price tumble 94 per cent.

The company previously made a nickel, copper and cobalt discovery at its Granmuren project in Sweden.

During the March quarter, the company expanded the project with the granting of a new licence.

Mineral sands miner Strandline Resources (ASX:STA) has also not had any forward momentum in its share price, losing about 85 per cent of its value over the 12-month period.

This is largely due to the fact that Strandline’s projects are in Tanzania, which has posed some problems for foreign investors recently.

Last July the local government introduced amendments to the Tanzanian Mining Act 2010 including potential renegotiation of agreements, a required 16 per cent government ownership of mining projects and the right to acquire up to half of mining companies under some conditions.

Strandline is still waiting on the mining licence for its Fungoni project.

Managing director Luke Graham told Stockhead in April that Strandline was expected to be one of the early applications processed under the new regime.

Graphite player Battery Minerals (ASX: BAT) is down on its luck after losing a $US30 million investment deal. The company’s share price has slumped almost 51 per cent.