Companies
This Stag Party Could Get Wild, Especially for the Gold Price
Gold’s bullish momentum has dissipated quickly since printing a fresh 52-week high of US$2,067 on 4 May But stagflation fears … Read More
The post…
- Gold’s bullish momentum has dissipated quickly since printing a fresh 52-week high of US$2,067 on 4 May
- But stagflation fears are building: of the 4 phases since 1973, stagflation is the one that is most supportive for gold
- ASX Gold Stocks of the Week: First Au, Polymetal Resources, Desoto, and Auric Mining.
Our Gold Digger column wraps all the news driving ASX stocks with exposure to precious metals.
Gold’s bullish momentum dissipated quickly since printing a fresh 52-week high of US$2,067 on 4 May.
That’s the third time since 2020 gold has sold off violently from its highs, although we have some way to go to match the precipitous falls of 2020 and 2022.
This week, gold prices continued to weaken on a glut of economic data which supported the argument for more Fed tightening.
Gold is currently paying US$1948/oz, or $2991/oz Aussie, which is still pretty good.
It now looks like Wall Street is pricing in one more Fed rate hike, OANDA senior market analyst Ed Moya says.
Tight Fed = bad for gold. Loose Fed = good for gold.
And yet there a number of factors pointing to a new all-time high for gold sooner rather than later, Ed’s colleague Kelvin Wong says.
One of these is economic stagflation, an unusual and frankly terrible period of stagnant economic growth, high unemployment and persistently high inflation.
According to the World Gold Council, of the four business cycle phases since 1973, stagflation is the one that is most supportive for gold and, conversely, the worst for risk assets.
“Slower global growth and elevated sticky inflation is a toxic concoction that led to a stagflation environment where gold tends to outperform other asset classes in the past,” Wong says.
“Recent soft key leading economic data from the two largest economies, the US and China have increased the odds of an impending global recession in the second half of the year.
“Meanwhile forward-looking inflationary pressures have appeared to be getting stickier.”
Winners & Losers
Here’s how the ASX-listed precious metals stocks are performing this week:
Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop.
Stocks missing from this list? Email [email protected] to complain.
| CODE | COMPANY | 1 WEEK RETURN % | YTD RETURN % | 12 MONTH RETURN % | PRICE | MARKET CAP |
|---|---|---|---|---|---|---|
| SVY | Stavely Minerals Ltd | 42% | -31% | -50% | 0.17 | $52,203,795 |
| NAE | New Age Exploration | 40% | 0% | -30% | 0.007 | $10,051,292 |
| FAU | First Au Ltd | 33% | 0% | -69% | 0.004 | $5,081,976 |
| MCT | Metalicity Limited | 33% | -33% | -60% | 0.002 | $7,451,303 |
| GMN | Gold Mountain Ltd | 33% | -43% | -33% | 0.004 | $5,909,798 |
| AYM | Australia United Min | 33% | 33% | -33% | 0.004 | $7,370,310 |
| SIH | Sihayo Gold Limited | 25% | 25% | -38% | 0.0025 | $12,204,256 |
| RML | Resolution Minerals | 25% | -38% | -55% | 0.005 | $6,286,459 |
| MEG | Megado Minerals Ltd | 25% | 11% | -63% | 0.05 | $11,959,411 |
| GNM | Great Northern | 25% | -38% | -50% | 0.0025 | $4,272,627 |
| SI6 | SI6 Metals Limited | 20% | 0% | -33% | 0.006 | $8,972,368 |
| MVL | Marvel Gold Limited | 18% | -50% | -68% | 0.013 | $12,087,988 |
| SLZ | Sultan Resources Ltd | 18% | -45% | -70% | 0.047 | $5,097,798 |
| TMX | Terrain Minerals | 17% | 17% | -30% | 0.007 | $8,665,594 |
| RDN | Raiden Resources Ltd | 17% | -26% | -67% | 0.0035 | $6,491,039 |
| CXU | Cauldron Energy Ltd | 17% | 0% | -44% | 0.007 | $6,520,981 |
| M2R | Miramar | 16% | -38% | -58% | 0.05 | $4,179,851 |
| LYN | Lycaonresources | 16% | -22% | -52% | 0.215 | $7,077,531 |
| BNZ | Benzmining | 16% | -4% | -40% | 0.395 | $32,813,131 |
| MEI | Meteoric Resources | 16% | 315% | 1592% | 0.22 | $398,613,170 |
| AVM | Advance Metals Ltd | 14% | -20% | -38% | 0.008 | $4,708,470 |
| HAW | Hawthorn Resources | 14% | -30% | -30% | 0.08 | $26,801,249 |
| LCY | Legacy Iron Ore | 14% | -16% | -36% | 0.016 | $96,102,393 |
| ZAG | Zuleika Gold Ltd | 14% | -24% | -58% | 0.016 | $8,368,810 |
| OKR | Okapi Resources | 14% | -17% | -44% | 0.125 | $21,284,892 |
| NSM | Northstaw | 14% | -19% | -42% | 0.125 | $16,817,780 |
| TRM | Truscott Mining Corp | 14% | 22% | 0% | 0.05 | $7,856,382 |
| AWJ | Auric Mining | 13% | -20% | -42% | 0.051 | $7,066,418 |
| MOM | Moab Minerals Ltd | 13% | 0% | -67% | 0.009 | $5,796,690 |
| ADN | Andromeda Metals Ltd | 11% | -11% | -61% | 0.039 | $111,960,304 |
| DLI | Delta Lithium | 11% | 34% | 8% | 0.635 | $293,098,535 |
| XTC | Xantippe Res Ltd | 11% | 0% | -58% | 0.005 | $57,400,498 |
| THR | Thor Energy PLC | 11% | -17% | -60% | 0.005 | $7,368,064 |
| TCG | Turaco Gold Limited | 10% | -7% | -40% | 0.054 | $27,649,417 |
| STK | Strickland Metals | 10% | 13% | -38% | 0.045 | $68,359,298 |
| KSN | Kingston Resources | 10% | 42% | -12% | 0.115 | $45,721,902 |
| ENR | Encounter Resources | 9% | 64% | 119% | 0.295 | $95,991,961 |
| TMB | Tambourahmetals | 9% | -5% | -52% | 0.1 | $3,707,334 |
| KTA | Krakatoa Resources | 8% | -41% | -66% | 0.026 | $9,084,415 |
| LCL | Los Cerros Limited | 8% | -25% | -28% | 0.043 | $33,360,787 |
| EMC | Everest Metals Corp | 7% | 14% | -14% | 0.09 | $11,001,814 |
| BM8 | Battery Age Minerals | 7% | -25% | -25% | 0.375 | $26,718,539 |
| BTR | Brightstar Resources | 7% | -12% | -38% | 0.015 | $12,489,432 |
| TGM | Theta Gold Mines Ltd | 7% | 10% | -32% | 0.075 | $42,997,483 |
| AZY | Antipa Minerals Ltd | 7% | -29% | -66% | 0.015 | $53,938,604 |
| DTR | Dateline Resources | 7% | -57% | -85% | 0.016 | $11,430,288 |
| TMS | Tennant Minerals Ltd | 7% | 3% | -18% | 0.032 | $24,301,869 |
| TAM | Tanami Gold NL | 6% | -13% | -38% | 0.034 | $39,953,300 |
| MAU | Magnetic Resources | 6% | -38% | -63% | 0.53 | $133,683,948 |
| AAU | Antilles Gold Ltd | 6% | 20% | -48% | 0.036 | $20,312,225 |
| CAI | Calidus Resources | 6% | -31% | -78% | 0.185 | $98,886,207 |
| MM8 | Medallion Metals. | 6% | -39% | -59% | 0.094 | $22,601,987 |
| ICL | Iceni Gold | 5% | -20% | -51% | 0.064 | $13,974,286 |
| HMG | Hamelingoldlimited | 4% | -17% | -13% | 0.12 | $17,187,500 |
| CLA | Celsius Resource Ltd | 4% | 50% | 26% | 0.024 | $55,276,292 |
| HRZ | Horizon | 4% | -21% | -66% | 0.048 | $33,455,216 |
| CST | Castile Resources | 4% | 2% | -45% | 0.097 | $22,738,828 |
| GCY | Gascoyne Res Ltd | 4% | -25% | -49% | 0.125 | $100,856,507 |
| MI6 | Minerals260Limited | 4% | 47% | 20% | 0.5 | $105,300,000 |
| SVG | Savannah Goldfields | 3% | -21% | -25% | 0.15 | $28,398,024 |
| GSM | Golden State Mining | 3% | -23% | -51% | 0.033 | $4,095,497 |
| CBY | Canterbury Resources | 3% | -15% | -38% | 0.035 | $5,058,324 |
| RXL | Rox Resources | 3% | 103% | 9% | 0.355 | $81,889,305 |
| TG1 | Techgen Metals Ltd | 3% | -12% | -52% | 0.072 | $4,373,157 |
| VMC | Venus Metals Cor Ltd | 3% | 37% | 9% | 0.185 | $33,527,306 |
| AQI | Alicanto Min Ltd | 3% | -12% | -45% | 0.038 | $20,532,799 |
| TSO | Tesoro Gold Ltd | 3% | 8% | -47% | 0.039 | $43,198,115 |
| GIB | Gibb River Diamonds | 3% | -33% | -27% | 0.04 | $8,671,887 |
| SNG | Siren Gold | 2% | -40% | -72% | 0.11 | $14,097,175 |
| RSG | Resolute Mining | 2% | 135% | 69% | 0.47 | $989,988,055 |
| EMR | Emerald Res NL | 2% | 67% | 64% | 1.98 | $1,166,889,642 |
| KRM | Kingsrose Mining Ltd | 2% | -12% | -11% | 0.057 | $42,894,012 |
| WGX | Westgold Resources. | 2% | 77% | 9% | 1.55 | $741,219,572 |
| ERM | Emmerson Resources | 1% | -7% | -26% | 0.07 | $38,129,685 |
| ANX | Anax Metals Ltd | 1% | 36% | -12% | 0.072 | $29,476,428 |
| RND | Rand Mining Ltd | 1% | -13% | -21% | 1.18 | $67,113,634 |
| HCH | Hot Chili Ltd | 1% | 13% | -23% | 0.99 | $118,250,754 |
| NPM | Newpeak Metals | 0% | 0% | 0% | 0.001 | $9,145,132 |
| FFX | Firefinch Ltd | 0% | 0% | -39% | 0.2 | $236,569,315 |
| G88 | Golden Mile Res Ltd | 0% | -7% | -62% | 0.019 | $5,268,645 |
| DCX | Discovex Res Ltd | 0% | -17% | -60% | 0.0025 | $8,256,420 |
| AQX | Alice Queen Ltd | 0% | -50% | -82% | 0.001 | $2,530,288 |
| YRL | Yandal Resources | 0% | -23% | -63% | 0.075 | $11,046,216 |
| ARL | Ardea Resources Ltd | 0% | -48% | -67% | 0.37 | $62,598,512 |
| PUA | Peak Minerals Ltd | 0% | -33% | -71% | 0.004 | $4,165,506 |
| CWX | Carawine Resources | 0% | 0% | -33% | 0.1 | $19,681,747 |
| LEX | Lefroy Exploration | 0% | -15% | -21% | 0.22 | $36,103,050 |
| AM7 | Arcadia Minerals | 0% | -12% | -23% | 0.18 | $8,405,621 |
| CYL | Catalyst Metals | 0% | -35% | -51% | 0.765 | $134,507,314 |
| WRM | White Rock Min Ltd | 0% | -5% | -52% | 0.063 | $17,508,200 |
| ASR | Asra Minerals Ltd | 0% | -55% | -76% | 0.009 | $13,937,627 |
| SMI | Santana Minerals Ltd | 0% | -5% | -30% | 0.62 | $103,278,671 |
| MHC | Manhattan Corp Ltd | 0% | 0% | -45% | 0.0055 | $16,149,533 |
| TRY | Troy Resources Ltd | 0% | 0% | 0% | 0.0295 | $62,920,961 |
| CGN | Crater Gold Min Ltd | 0% | 0% | 0% | 0.014499 | $17,965,037 |
| GUL | Gullewa Limited | 0% | -8% | -26% | 0.055 | $10,767,521 |
| G50 | Gold50Limited | 0% | -40% | -29% | 0.15 | $8,541,450 |
| MGV | Musgrave Minerals | 0% | 5% | -23% | 0.22 | $135,977,828 |
| RMX | Red Mount Min Ltd | 0% | -20% | -43% | 0.004 | $9,087,404 |
| BYH | Bryah Resources Ltd | 0% | -30% | -59% | 0.018 | $4,781,309 |
| TBA | Tombola Gold Ltd | 0% | 0% | -57% | 0.026 | $33,129,243 |
| TBR | Tribune Res Ltd | 0% | -15% | -15% | 3.42 | $176,292,739 |
| VRC | Volt Resources Ltd | 0% | -33% | -47% | 0.01 | $39,394,239 |
| HRN | Horizon Gold Ltd | 0% | 21% | 4% | 0.375 | $46,943,115 |
| MKR | Manuka Resources. | 0% | -24% | -72% | 0.065 | $32,993,074 |
| EMU | EMU NL | 0% | -59% | -83% | 0.002 | $2,900,043 |
| SFM | Santa Fe Minerals | 0% | -25% | -40% | 0.06 | $4,369,127 |
| X64 | Ten Sixty Four Ltd | 0% | -11% | -26% | 0.57 | $130,184,182 |
| KWR | Kingwest Resources | 0% | -17% | -82% | 0.029 | $8,170,078 |
| RVR | Red River Resources | 0% | 0% | -62% | 0.073 | $37,847,908 |
| TMZ | Thomson Res Ltd | 0% | -74% | -82% | 0.005 | $4,349,755 |
| WMC | Wiluna Mining Corp | 0% | 0% | -58% | 0.205 | $74,238,031 |
| GSN | Great Southern | 0% | -31% | -50% | 0.02 | $13,867,140 |
| MDI | Middle Island Res | 0% | 8% | -70% | 0.041 | $5,019,147 |
| BAT | Battery Minerals Ltd | 0% | 0% | -50% | 0.004 | $10,070,827 |
| RDS | Redstone Resources | 0% | 0% | 14% | 0.008 | $6,631,028 |
| NAG | Nagambie Resources | 0% | -39% | -23% | 0.04 | $24,432,505 |
| BGL | Bellevue Gold Ltd | 0% | 12% | 40% | 1.26 | $1,429,500,257 |
| GBR | Greatbould Resources | 0% | -12% | -17% | 0.08 | $40,340,560 |
| AVW | Avira Resources Ltd | 0% | 0% | -33% | 0.003 | $6,401,370 |
| PDI | Predictive Disc Ltd | 0% | -11% | -20% | 0.16 | $287,616,569 |
| SBR | Sabre Resources | 0% | -39% | -43% | 0.023 | $6,704,182 |
| SAU | Southern Gold | 0% | -8% | -44% | 0.023 | $6,906,561 |
| XAM | Xanadu Mines Ltd | 0% | 76% | 82% | 0.051 | $81,891,210 |
| MBK | Metal Bank Ltd | 0% | -12% | -50% | 0.03 | $8,847,537 |
| TAR | Taruga Minerals | 0% | -38% | -35% | 0.015 | $10,590,402 |
| NES | Nelson Resources. | 0% | -29% | -62% | 0.005 | $2,942,972 |
| OAU | Ora Gold Limited | 0% | -40% | -60% | 0.003 | $11,810,775 |
| DEX | Duke Exploration | 0% | 0% | -59% | 0.053 | $5,587,240 |
| AZS | Azure Minerals | 0% | 107% | 69% | 0.465 | $181,459,773 |
| USL | Unico Silver Limited | 0% | -18% | -18% | 0.14 | $41,132,223 |
| ANL | Amani Gold Ltd | 0% | 0% | 0% | 0.001 | $25,143,441 |
| MEK | Meeka Metals Limited | 0% | -50% | -39% | 0.034 | $35,231,095 |
| CLZ | Classic Min Ltd | 0% | -89% | -99% | 0.001 | $5,761,929 |
| ADT | Adriatic Metals | 0% | 1% | 36% | 3.19 | $720,121,523 |
| MRZ | Mont Royal Resources | -1% | -50% | -76% | 0.087 | $5,957,992 |
| DCN | Dacian Gold Ltd | -1% | -17% | -61% | 0.083 | $102,211,279 |
| KCC | Kincora Copper | -1% | -7% | -26% | 0.068 | $8,109,698 |
| TUL | Tulla Resources | -1% | 1% | -41% | 0.34 | $102,977,281 |
| GRL | Godolphin Resources | -2% | -27% | -47% | 0.061 | $7,220,536 |
| DRE | Dreadnought Resources Ltd | -2% | -47% | 37% | 0.056 | $179,697,324 |
| DTM | Dart Mining NL | -2% | -4% | -21% | 0.053 | $9,131,223 |
| AGG | AngloGold Ashanti | -2% | 22% | 38% | 7.15 | $645,864,219 |
| KAU | Kaiser Reef | -2% | 27% | 0% | 0.21 | $31,016,513 |
| SLR | Silver Lake Resource | -2% | -11% | -34% | 1.05 | $980,880,271 |
| CMM | Capricorn Metals | -2% | -11% | 9% | 4.09 | $1,552,707,263 |
| MXR | Maximus Resources | -3% | -3% | -44% | 0.039 | $11,166,952 |
| STN | Saturn Metals | -3% | 3% | -52% | 0.185 | $28,180,356 |
| CHN | Chalice Mining Ltd | -3% | 13% | 14% | 7.13 | $2,756,430,451 |
| HMX | Hammer Metals Ltd | -3% | -1% | 6% | 0.067 | $55,034,292 |
| BNR | Bulletin Res Ltd | -3% | -29% | -60% | 0.066 | $19,377,013 |
| GWR | GWR Group Ltd | -3% | 12% | -45% | 0.066 | $20,879,083 |
| MEU | Marmota Limited | -3% | -31% | -55% | 0.033 | $35,999,220 |
| CEL | Challenger Exp Ltd | -3% | -6% | -35% | 0.165 | $182,596,981 |
| FAL | Falconmetalsltd | -3% | 9% | 9% | 0.305 | $54,870,000 |
| MRR | Minrex Resources Ltd | -3% | -53% | -71% | 0.015 | $16,273,013 |
| NMR | Native Mineral Res | -3% | -73% | -82% | 0.03 | $3,724,301 |
| BCN | Beacon Minerals | -3% | 7% | -9% | 0.03 | $112,703,045 |
| NWM | Norwest Minerals | -3% | -46% | -37% | 0.029 | $7,421,136 |
| MKG | Mako Gold | -3% | -30% | -67% | 0.028 | $14,644,775 |
| BMR | Ballymore Resources | -4% | -10% | -36% | 0.135 | $13,484,444 |
| BGD | Bartongoldholdings | -4% | 35% | 17% | 0.27 | $24,173,267 |
| A8G | Australasian Metals | -4% | -29% | -64% | 0.135 | $7,036,267 |
| S2R | S2 Resources | -4% | -24% | -32% | 0.13 | $53,311,898 |
| IVR | Investigator Res Ltd | -4% | 19% | -7% | 0.05 | $70,421,331 |
| CAZ | Cazaly Resources | -4% | -26% | -36% | 0.025 | $9,295,545 |
| AAJ | Aruma Resources Ltd | -4% | 36% | 11% | 0.072 | $11,929,074 |
| QML | Qmines Limited | -4% | -27% | -51% | 0.12 | $20,753,874 |
| IGO | IGO Limited | -4% | 6% | 20% | 14.25 | $10,753,202,945 |
| GOR | Gold Road Res Ltd | -4% | 4% | 29% | 1.75 | $1,881,845,327 |
| CHZ | Chesser Resources | -4% | 35% | 21% | 0.115 | $70,632,162 |
| MTC | Metalstech Ltd | -4% | -36% | -20% | 0.335 | $53,273,877 |
| MZZ | Matador Mining Ltd | -4% | -43% | -67% | 0.066 | $21,119,662 |
| LM8 | Lunnonmetalslimited | -4% | 10% | 12% | 0.985 | $108,801,300 |
| FEG | Far East Gold | -5% | -34% | -10% | 0.315 | $45,914,463 |
| RMS | Ramelius Resources | -5% | 42% | -4% | 1.32 | $1,323,668,012 |
| SXG | Southern Cross Gold | -5% | -37% | 159% | 0.505 | $47,628,961 |
| NXM | Nexus Minerals Ltd | -5% | -60% | -72% | 0.08 | $26,036,265 |
| KAI | Kairos Minerals Ltd | -5% | -13% | -29% | 0.02 | $39,281,870 |
| KNB | Koonenberrygold | -5% | -35% | -56% | 0.04 | $3,181,771 |
| SVL | Silver Mines Limited | -5% | -3% | 5% | 0.195 | $266,823,107 |
| ORN | Orion Minerals Ltd | -5% | 19% | -21% | 0.019 | $112,940,971 |
| ALK | Alkane Resources Ltd | -5% | 41% | -31% | 0.755 | $452,088,407 |
| KCN | Kingsgate Consolid. | -5% | -29% | -23% | 1.22 | $324,767,132 |
| PRS | Prospech Limited | -5% | 38% | -11% | 0.037 | $8,512,832 |
| SSR | SSR Mining Inc. | -5% | -1% | -22% | 22.72 | $413,978,346 |
| AAR | Astral Resources NL | -5% | 0% | -15% | 0.072 | $53,901,896 |
| GSR | Greenstone Resources | -5% | -44% | -68% | 0.018 | $24,265,368 |
| VKA | Viking Mines Ltd | -6% | -15% | 6% | 0.0085 | $8,202,067 |
| PUR | Pursuit Minerals | -6% | 6% | -15% | 0.017 | $45,617,625 |
| NCM | Newcrest Mining | -6% | 25% | 2% | 25.9 | $23,321,537,491 |
| RGL | Riversgold | -6% | -47% | -61% | 0.016 | $16,072,951 |
| SPQ | Superior Resources | -6% | -43% | -6% | 0.032 | $57,841,494 |
| PNM | Pacific Nickel Mines | -6% | -5% | 14% | 0.079 | $32,753,280 |
| POL | Polymetals Resources | -6% | 24% | 135% | 0.305 | $28,668,894 |
| GMR | Golden Rim Resources | -6% | -3% | -54% | 0.03 | $17,747,651 |
| BC8 | Black Cat Syndicate | -6% | 6% | -11% | 0.375 | $101,294,492 |
| CDT | Castle Minerals | -6% | -29% | -58% | 0.015 | $16,867,395 |
| RRL | Regis Resources | -6% | -5% | -6% | 1.95 | $1,468,525,424 |
| RED | Red 5 Limited | -6% | -29% | -65% | 0.145 | $501,625,090 |
| CDR | Codrus Minerals Ltd | -6% | 12% | 61% | 0.145 | $6,064,500 |
| GMD | Genesis Minerals | -6% | -8% | -18% | 1.155 | $542,199,619 |
| DEG | De Grey Mining | -6% | 1% | 17% | 1.295 | $2,013,905,320 |
| NST | Northern Star | -7% | 15% | 38% | 12.55 | $14,504,080,813 |
| GAL | Galileo Mining Ltd | -7% | -24% | -29% | 0.67 | $133,396,826 |
| ADV | Ardiden Ltd | -7% | -7% | -43% | 0.0065 | $16,130,012 |
| AGC | AGC Ltd | -7% | -13% | -42% | 0.052 | $5,700,000 |
| HAV | Havilah Resources | -7% | -21% | -7% | 0.26 | $82,326,195 |
| FML | Focus Minerals Ltd | -7% | -25% | 3% | 0.19 | $55,878,936 |
| MLS | Metals Australia | -8% | -17% | -60% | 0.037 | $21,853,303 |
| ASO | Aston Minerals Ltd | -8% | 5% | -40% | 0.084 | $92,522,668 |
| HXG | Hexagon Energy | -8% | -29% | -57% | 0.012 | $6,154,991 |
| ARN | Aldoro Resources | -8% | -25% | -43% | 0.12 | $16,130,849 |
| PNT | Panthermetalsltd | -8% | -62% | -67% | 0.072 | $4,525,100 |
| AUC | Ausgold Limited | -8% | 0% | -15% | 0.047 | $103,326,354 |
| SFR | Sandfire Resources | -8% | 1% | 2% | 5.49 | $2,508,336,685 |
| SRN | Surefire Rescs NL | -8% | 46% | -54% | 0.0175 | $26,883,179 |
| BRB | Breaker Res NL | -8% | 44% | 92% | 0.46 | $159,790,515 |
| EVN | Evolution Mining Ltd | -8% | 16% | -9% | 3.47 | $6,404,206,953 |
| AMI | Aurelia Metals Ltd | -8% | -12% | -70% | 0.11 | $129,930,908 |
| TIE | Tietto Minerals | -8% | -30% | 10% | 0.495 | $543,763,745 |
| ARV | Artemis Resources | -8% | -56% | -72% | 0.011 | $17,269,102 |
| TTM | Titan Minerals | -9% | -22% | -30% | 0.052 | $73,386,206 |
| PGO | Pacgold | -9% | -14% | -49% | 0.31 | $17,587,781 |
| GML | Gateway Mining | -9% | -32% | -63% | 0.041 | $10,919,675 |
| SMS | Starmineralslimited | -9% | -31% | -76% | 0.05 | $1,507,090 |
| CTO | Citigold Corp Ltd | -9% | -17% | -29% | 0.005 | $14,368,295 |
| EM2 | Eagle Mountain | -9% | -41% | -73% | 0.1 | $30,496,686 |
| M24 | Mamba Exploration | -9% | -31% | -23% | 0.1 | $6,708,167 |
| WAF | West African Res Ltd | -9% | -28% | -35% | 0.845 | $875,158,974 |
| PNR | Pantoro Limited | -9% | -28% | -75% | 0.069 | $196,873,337 |
| SPD | Southernpalladium | -9% | -46% | 0% | 0.435 | $19,385,247 |
| AME | Alto Metals Limited | -10% | -18% | -32% | 0.055 | $35,543,298 |
| ADG | Adelong Gold Limited | -10% | 29% | -74% | 0.009 | $4,804,401 |
| SBM | St Barbara Limited | -10% | -30% | -57% | 0.54 | $436,849,780 |
| OZM | Ozaurum Resources | -10% | -32% | -78% | 0.045 | $5,588,000 |
| PRU | Perseus Mining Ltd | -10% | -13% | -6% | 1.835 | $2,558,135,410 |
| KZR | Kalamazoo Resources | -11% | -40% | -64% | 0.125 | $19,812,826 |
| GBZ | GBM Rsources Ltd | -11% | -44% | -74% | 0.024 | $14,783,062 |
| ALY | Alchemy Resource Ltd | -11% | -30% | -36% | 0.016 | $20,027,296 |
| MAT | Matsa Resources | -12% | 3% | -30% | 0.038 | $15,244,273 |
| BMO | Bastion Minerals | -12% | -15% | -79% | 0.029 | $5,260,582 |
| IDA | Indiana Resources | -12% | -22% | -23% | 0.043 | $21,766,807 |
| GTR | Gti Energy Ltd | -13% | -35% | -58% | 0.007 | $13,634,279 |
| KIN | KIN Min NL | -13% | -48% | -58% | 0.034 | $42,413,420 |
| NML | Navarre Minerals Ltd | -13% | -51% | -75% | 0.02 | $30,058,583 |
| PGD | Peregrine Gold | -13% | -22% | -39% | 0.3 | $17,391,809 |
| NVA | Nova Minerals Ltd | -13% | -57% | -55% | 0.295 | $62,212,484 |
| AUT | Auteco Minerals | -14% | -39% | -40% | 0.031 | $74,010,762 |
| GED | Golden Deeps | -14% | -33% | -65% | 0.006 | $6,931,360 |
| AL8 | Alderan Resource Ltd | -14% | -14% | -67% | 0.006 | $3,700,168 |
| PXX | Polarx Limited | -14% | -40% | -25% | 0.012 | $17,600,832 |
| ICG | Inca Minerals Ltd | -15% | 0% | -71% | 0.023 | $11,120,833 |
| IPT | Impact Minerals | -15% | 57% | 0% | 0.011 | $31,291,743 |
| LRL | Labyrinth Resources | -15% | -35% | -63% | 0.011 | $10,554,361 |
| MOH | Moho Resources | -16% | -24% | -53% | 0.016 | $3,530,257 |
| KAL | Kalgoorliegoldmining | -16% | -61% | -72% | 0.032 | $2,713,236 |
| TLM | Talisman Mining | -16% | 29% | 6% | 0.18 | $32,854,412 |
| PNX | PNX Metals Limited | -17% | -41% | -47% | 0.0025 | $16,141,874 |
| MTH | Mithril Resources | -17% | -29% | -58% | 0.0025 | $6,737,609 |
| CPM | Coopermetalslimited | -17% | 11% | -46% | 0.26 | $10,522,740 |
| A1G | African Gold Ltd. | -18% | -28% | -48% | 0.06 | $11,005,229 |
| SKY | SKY Metals Ltd | -18% | -6% | -45% | 0.045 | $17,332,040 |
| ZNC | Zenith Minerals Ltd | -18% | -49% | -64% | 0.135 | $47,571,419 |
| WA8 | Warriedarresourltd | -19% | -35% | -8% | 0.11 | $47,416,469 |
| BEZ | Besragoldinc | -19% | 352% | 187% | 0.235 | $76,080,306 |
| CY5 | Cygnus Metals Ltd | -20% | -47% | 33% | 0.2 | $46,040,253 |
| WWI | West Wits Mining Ltd | -20% | -25% | -52% | 0.012 | $29,159,224 |
| OBM | Ora Banda Mining Ltd | -22% | 49% | 247% | 0.125 | $209,448,229 |
| BBX | BBX Minerals Ltd | -22% | -43% | -43% | 0.06 | $31,514,428 |
| PRX | Prodigy Gold NL | -22% | -42% | -59% | 0.007 | $12,257,755 |
| PKO | Peako Limited | -22% | -52% | -61% | 0.007 | $4,236,583 |
| FG1 | Flynngold | -23% | -39% | -47% | 0.061 | $6,275,286 |
| WCN | White Cliff Min Ltd | -25% | -57% | -70% | 0.006 | $6,233,854 |
| REZ | Resourc & En Grp Ltd | -27% | -31% | -70% | 0.011 | $4,998,058 |
Top ASX Stories This Week
A mining lease has been granted over First Au’s (ASX:FAU) Gimlet gold project, a stone’s throw from a bunch of toll treating options near Kalgoorlie.
The project contains an inferred resource of 120,000oz @ 3.19g/t gold.
Aspiring silver-base metals miner Polymetal Resources (ASX:POL) increased near surface resources at the mothballed Endeavour mine to 8.9Moz silver, plus lead and zinc credits.
That resource from the Upper Main Lodes (less than 180m depth,) comprises 818,000t at 7.1% zinc, 5.1% lead and 338g/t silver.
Desoto Resources (ASX:DES) says the FSZ gold target is 20km long and comparable in scale to the nearby 17Moz Pine Creek Shear Zone, DES says.
This late 2022 listing is chaired by exploration veteran Paul Roberts, the man who turned $3m capped gold minnow Predictive Discovery (ASX:PDI) into a $300m, 4.2Moz project developer.
And Auric Mining (ASX:AWJ) says gold production is “imminent” from the 48,000oz Jeffrey’s Find gold mine in WA, a partnership between AWJ and Kalgoorlie mining contractor BML ventures.
Commencing late-May, between 100,000-150,000 tonnes of ore will be hauled to the Greenfields Mill at Coolgardie where it will be toll treated.
First gold pour is expected early July.
FAU, POL. DES, AWJ share price charts
The post Gold Digger: This Stag Party could get wild, especially for the gold price appeared first on Stockhead.
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