Gold Digger: Fed gets lazy, ASX juniors steal runs with bullion back over $3500/oz

Estimated read time 12 min read

Gold performs even as US Fed minutes from June meeting show rates direction remains parked in neutral
Despite stellar AUD gold prices, Calidus can’t outrun the banks
Mt Malcolm Mines, Miramar and iTech among the gold gainers

 

With the US Federal Reserve keeping interest rate changes parked in neutral, gold continued a steady 7-day rise, pushing past the $3500/oz barrier again, with ASX juniors taking advantage.

That’s the highest level since June 21.

The Fed policymakers said in the recently released minutes of their June meeting (a stalemate decision, you may recall) they were awaiting “additional evidence that inflation is cooling”, and were divided on how long to keep interest rates inflated.

“The Committee does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably toward 2%,” says the Fed.

“In addition, the Committee will continue reducing its holdings of Treasury securities and agency debt and agency mortgage‑backed securities.”

With that indecision aside, continued strength is fueled by growing uncertainty around geopolitical affairs (you know, wars and all that jazz…), as well as BRICS nations led by China continuing on their gold spending spree, which this Stockhead ranted about last week.

The BRICS mob are looking to use bullion as a backing to create their own currency in efforts to move away from the > 50-year hegemony of being beholden to the US-imposed petrodollar.

 

In the news

Even with these record highs, a failed attempt at restructuring its debt and book balance has seen one of Australia’s newest gold producers, Calidus Resources (ASX:CAI) , fall into the abyss and enter receivership.

It was attempting to ramp up its Warrawoona gold mine in WA’s Pilbara to 119,000oz by FY27, yet hit a brick wall selling just 12,174oz in the December quarter due to lower realised resource upgrades and still owing financier Macquarie bank $61m.

It seems not even a maiden MRE of 6.9Mt at 2.15g/t gold for 475,114oz for its nearby Nullagine gold project posted last month (which it bought off Novo Resources (ASX:NVO) last year) could change the outcome.

“The receivers and managers are undertaking an urgent assessment of the operations and will shortly be commencing a dual-track recapitalisation and sale process for the group,” receivers KordaMentha said in a statement.

Yet with prices buoyant, there’s sure to be some sharks swimming around eager to take a bite of the projects.

 

Who’s actually shining on the shiny this week?

In the Eastern Goldfields, Mt Malcolm Mines (ASX:M2M) knocked it out of the park today, revealing a 111g/t gold strike at its Golden Crown prospect.

The explorer looks at Golden Crown as a nice, easy, low-cost cash cow, with high grades of near-surface gold to pluck.

It’s got a current exploration target of up to 79,000oz, but if grades like this keep coming in that’s likely going to be bumped higher in the near future.

Site preparation is currently ongoing for a bulk sampling program, which will target a mineralised corridor measuring 50m x 15m that was identified through the RC drilling campaign in February.

Shares ended the day up over 17% and are up >50% since open on Monday.

Miramar Resources (ASX:M2R) also shot up this week on the back of a potential extension to its 8-Mile target at the Gidji JV which is adjacent to Northern Star Resources’ (ASX:NST) 313,000oz 8 Mile Dam deposit.

Shares are up 25% and Miramar’s exec chair and 2014 prospector of the year Allan Kelly (of Doray Minerals’ fame) says the explorer is working off the theory that the new IP anomaly was shallower than expected.

“It appears the 8 Mile Dam deposit could continue for some distance to the north but has been offset by faulting, including at the tenement boundary,” Kelly says.

“The fact that we have multiple aircore holes ending in elevated gold over the IP anomalies strengthens this theory.

“We look forward to drill testing this high priority target later in the year.”

iTech Minerals (ASX:ITM) was another weekly winner with a near 30% hike in stock price after uncovering up to 182g/t in rock chips at Reynolds Range in the NT.

The results have highlighted the potential to establish high grade and low sulphide gold veins bearing mineralisation at the asset.

“The results show great potential for both high grade low-sulphide gold style veins systems at the Sabre and Falchion prospects with outstanding rock chips up to 182g/t gold and gold associated with copper mineralisation at both the Scimitar and Reward prospects,” ITM managing director Mike Schwarz says.

Magnetic Resources had a bump in share price too, after revealing an upgrade of its LJN4 resource by 57% to 1.48Moz gold.

That the upgrade comes just four months after a previous upgrade that cranked up resources by 11% to 948,200oz speaks volumes about its potential.

Shares are up 6.52% this week.

 

In action

Golden Mile Resources (ASX:G88) has completed field assessments at Yuinmery and Ora Banda (ASX:OBM) has upgraded its Sand King deposit resources at Davyhurst byt 176% to 306,000oz gold.

Davyhurst, in WA’s Goldfields, now has a global resource in touching distance of 2Moz.

Renegade Exploration (ASX:RNX) has been busy exploring for Ernest-Henry style iron oxide copper gold deposits at its Carpentaria joint venture in northwest QLD since acquiring its 23% interest (now 29%) back in 2020.

RNX has hit the mother lode with its discovery of an Ernest Henry style IOCG breccia zone at Mongoose Deeps.

The diamond hole reached a final depth of 1,612m with similarities to Ernest Henry, one of Australia’s most prolific copper-gold operations run by mining major Evolution Mining (ASX:EVN).

 

ASX Winners & Losers

Here’s how ASX-listed precious metals stocks are performing, Friday June 5.

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 0.0085 6% -23% -1% $9,763,808 NPM Newpeak Metals 0.016 -16% -45% 0% $2,225,131 ASO Aston Minerals Ltd 0.01 11% -38% -1% $12,950,643 MTC Metalstech Ltd 0.245 14% 7% 3% $44,082,125 FFX Firefinch Ltd 0.2 0% 0% 0% $236,569,315 GED Golden Deeps 0.033 -6% -18% -1% $3,812,238 G88 Golden Mile Res Ltd 0.011 0% -8% -1% $4,523,451 LAT Latitude 66 Limited 0.165 8150% 8150% -4% $20,679,331 NMR Native Mineral Res 0.019 -24% -44% 0% $4,406,861 AQX Alice Queen Ltd 0.007 8% -13% 0% $8,028,230 SLZ Sultan Resources Ltd 0.008 0% -20% -1% $1,778,278 MKG Mako Gold 0.009 0% -10% 0% $8,784,074 KSN Kingston Resources 0.079 -2% -6% 0% $55,854,578 AMI Aurelia Metals Ltd 0.21 14% 14% 10% $329,855,093 PNX PNX Metals Limited 0.005 25% 0% 0% $29,851,074 GIB Gibb River Diamonds 0.043 2% -9% 1% $9,094,906 KCN Kingsgate Consolid. 1.575 -2% -11% 20% $409,825,190 TMX Terrain Minerals 0.0035 -13% 17% 0% $5,726,683 BNR Bulletin Res Ltd 0.041 -2% -11% -10% $12,038,146 NXM Nexus Minerals Ltd 0.038 3% -24% -1% $15,173,345 SKY SKY Metals Ltd 0.035 3% -8% 0% $20,634,361 LM8 Lunnonmetalslimited 0.2 5% -26% -40% $46,836,324 CST Castile Resources 0.07 -4% -20% -1% $16,933,170 YRL Yandal Resources 0.135 4% 0% 5% $36,154,028 FAU First Au Ltd 0.002 0% -33% 0% $3,323,987 ARL Ardea Resources Ltd 0.47 -2% -22% -1% $90,855,726 GWR GWR Group Ltd 0.083 -3% -12% -1% $27,624,632 IVR Investigator Res Ltd 0.05 9% -12% 1% $76,026,220 GTR Gti Energy Ltd 0.0045 13% -10% 0% $11,424,362 IPT Impact Minerals 0.015 0% -21% 0% $45,891,506 BNZ Benzmining 0.125 0% -34% -13% $13,615,300 MOH Moho Resources 0.006 50% 50% 0% $3,774,247 BCM Brazilian Critical 0.017 0% -6% -1% $14,953,310 PUA Peak Minerals Ltd 0.005 67% 25% 0% $3,124,130 MRZ Mont Royal Resources 0.069 13% 30% -8% $5,867,056 SMS Starmineralslimited 0.029 0% 0% -1% $2,456,961 MVL Marvel Gold Limited 0.009 13% 0% 0% $7,774,116 PRX Prodigy Gold NL 0.003 50% 0% 0% $5,294,436 AAU Antilles Gold Ltd 0.003 -25% -50% -2% $3,986,140 CWX Carawine Resources 0.083 -3% -21% -3% $19,598,412 RND Rand Mining Ltd 1.5 -1% 1% 13% $85,313,942 CAZ Cazaly Resources 0.02 5% -5% -1% $9,687,363 BMR Ballymore Resources 0.16 0% -11% 4% $28,276,894 DRE Dreadnought Resources Ltd 0.022 5% 29% -1% $84,313,751 ZNC Zenith Minerals Ltd 0.048 0% -20% -10% $16,561,902 REZ Resourc & En Grp Ltd 0.016 33% 23% 0% $8,406,309 LEX Lefroy Exploration 0.098 -2% 7% -8% $21,048,141 ERM Emmerson Resources 0.057 6% 27% 0% $31,593,168 AM7 Arcadia Minerals 0.039 5% -36% -3% $4,564,954 ADT Adriatic Metals 3.7 -6% -6% -31% $1,060,829,795 AS1 Asara Resources Ltd 0.01 0% 0% 0% $8,821,754 CYL Catalyst Metals 1.18 9% 17% 38% $262,761,576 CHN Chalice Mining Ltd 1.325 -4% -18% -37% $482,314,497 KAL Kalgoorliegoldmining 0.029 4% -12% 0% $4,438,020 MLS Metals Australia 0.021 5% -5% -2% $13,440,021 ADN Andromeda Metals Ltd 0.017 -6% -26% -1% $52,874,606 MEI Meteoric Resources 0.18 16% -5% -8% $338,320,374 SRN Surefire Rescs NL 0.007 -13% -22% 0% $14,897,309 SIH Sihayo Gold Limited 0.002 -20% -20% 0% $24,408,512 WA8 Warriedarresourltd 0.063 17% 34% 1% $43,620,947 HMX Hammer Metals Ltd 0.034 0% -8% -2% $31,024,257 WCN White Cliff Min Ltd 0.014 -7% -18% 1% $24,365,811 AVM Advance Metals Ltd 0.024 -8% 4% -1% $3,249,899 WRM White Rock Min Ltd 0 -100% -100% -6% $17,508,200 ASR Asra Minerals Ltd 0.005 25% -29% 0% $8,144,317 MCT Metalicity Limited 0.002 0% 0% 0% $8,971,705 AME Alto Metals Limited 0.037 6% 0% -1% $26,696,357 CTO Citigold Corp Ltd 0.0045 13% -10% 0% $13,500,000 TIE Tietto Minerals 0 -100% -100% -61% $773,881,054 SMI Santana Minerals Ltd 1.165 16% 13% 16% $241,558,124 M2R Miramar 0.01 43% -4% -1% $1,973,898 MHC Manhattan Corp Ltd 0.002 33% 0% 0% $5,873,960 GRL Godolphin Resources 0.018 -10% -33% -2% $4,063,933 SVG Savannah Goldfields 0.019 27% -32% -3% $5,340,613 EMC Everest Metals Corp 0.13 4% 4% 5% $21,356,804 GUL Gullewa Limited 0.076 7% 7% 2% $15,562,756 CY5 Cygnus Metals Ltd 0.047 4% -25% -9% $13,787,880 G50 G50Corp Ltd 0.2 21% 29% 7% $23,982,000 ADV Ardiden Ltd 0.14 12% 0% -4% $7,502,101 AAR Astral Resources NL 0.077 -7% -3% 0% $72,945,408 VMC Venus Metals Cor Ltd 0.069 0% -14% -3% $13,850,194 NAE New Age Exploration 0.004 33% 0% 0% $7,175,596 VKA Viking Mines Ltd 0.01 25% 11% 0% $8,202,067 LCL LCL Resources Ltd 0.01 25% -9% -1% $9,648,780 MTH Mithril Resources 0.18 3% -18% -2% $18,514,101 ADG Adelong Gold Limited 0.006 0% 50% 0% $7,825,923 RMX Red Mount Min Ltd 0.001 0% 0% 0% $3,423,577 PRS Prospech Limited 0.036 29% 3% 1% $9,684,088 XTC XTC Lithium Limited 0.2 19900% 19900% 20% $17,528,272 TTM Titan Minerals 0.048 9% 41% 2% $84,073,295 NML Navarre Minerals Ltd 0.019 0% 0% 0% $28,555,654 AAM Aumegametals 0.057 2% -14% 1% $28,920,888 KZR Kalamazoo Resources 0.079 -4% -14% -4% $14,928,947 BCN Beacon Minerals 0.027 8% -4% 0% $101,432,741 MAU Magnetic Resources 1.225 13% 12% 21% $318,630,732 BC8 Black Cat Syndicate 0.36 22% 20% 11% $120,918,470 EM2 Eagle Mountain 0.052 2% -9% -2% $20,822,371 EMR Emerald Res NL 3.67 8% -2% 66% $2,394,811,209 BYH Bryah Resources Ltd 0.005 0% -38% -1% $2,516,434 HCH Hot Chili Ltd 0.97 4% -5% -11% $152,858,658 WAF West African Res Ltd 1.445 -10% -2% 50% $1,413,198,784 MEU Marmota Limited 0.045 -4% 2% 0% $48,896,026 NVA Nova Minerals Ltd 0.245 32% 23% -12% $48,387,798 SVL Silver Mines Limited 0.16 3% -11% 0% $233,745,620 PGD Peregrine Gold 0.195 -3% -29% -5% $13,236,292 ICL Iceni Gold 0.089 48% 24% 4% $19,366,035 FG1 Flynngold 0.024 -4% -14% -2% $6,109,073 WWI West Wits Mining Ltd 0.014 17% 8% 0% $32,995,091 RML Resolution Minerals 0.002 0% 0% 0% $3,220,044 AAJ Aruma Resources Ltd 0.011 -8% -31% -2% $2,362,698 AL8 Alderan Resource Ltd 0.004 33% 0% 0% $4,427,445 GMN Gold Mountain Ltd 0.0025 0% -17% 0% $7,944,359 MEG Megado Minerals Ltd 0.01 25% -9% -3% $2,544,556 HMG Hamelingoldlimited 0.08 10% -11% 0% $11,812,500 TBA Tombola Gold Ltd 0.026 0% 0% 0% $33,129,243 BM8 Battery Age Minerals 0.1775 27% 1% -1% $16,744,345 TBR Tribune Res Ltd 3.37 1% -10% 42% $170,521,250 FML Focus Minerals Ltd 0.14 -15% -10% -5% $44,416,590 GSR Greenstone Resources 0 -100% -100% -1% $15,761,980 VRC Volt Resources Ltd 0.0045 13% 0% 0% $20,793,391 ARV Artemis Resources 0.013 8% -13% -1% $21,170,354 HRN Horizon Gold Ltd 0.295 0% 9% -1% $40,555,178 CLA Celsius Resource Ltd 0.015 0% 50% 0% $33,990,778 QML Qmines Limited 0.059 9% -2% -2% $13,748,974 RDN Raiden Resources Ltd 0.031 0% -26% -1% $81,565,874 TCG Turaco Gold Limited 0.215 13% 0% 9% $157,182,667 KCC Kincora Copper 0.047 -2% -24% 1% $9,640,286 GBZ GBM Rsources Ltd 0.009 0% -18% 0% $11,566,889 DTM Dart Mining NL 0.022 5% 10% 1% $5,685,523 MKR Manuka Resources. 0.037 6% -10% -4% $27,442,051 AUC Ausgold Limited 0.033 0% -6% 0% $93,912,801 ANX Anax Metals Ltd 0.023 0% -34% -1% $15,208,976 EMU EMU NL 0.028 4% -8% 0% $2,169,803 SFM Santa Fe Minerals 0.032 -14% -20% -1% $2,330,201 SSR SSR Mining Inc. 7.06 4% -7% -876% $30,623,736 PNR Pantoro Limited 0.1 11% 11% 4% $638,949,021 CMM Capricorn Metals 5.08 6% 9% 37% $1,891,415,435 X64 Ten Sixty Four Ltd 0.57 0% 0% 0% $130,184,182 SI6 SI6 Metals Limited 0.002 -20% -33% 0% $4,737,719 HAW Hawthorn Resources 0.06 2% -14% -3% $20,100,937 BGD Bartongoldholdings 0.25 -7% -18% -2% $59,037,909 SVY Stavely Minerals Ltd 0.031 11% -24% -1% $15,076,137 AGC AGC Ltd 0.335 16% -18% 26% $80,814,930 RGL Riversgold 0.0055 10% -27% -1% $6,047,884 TSO Tesoro Gold Ltd 0.03 11% -21% 0% $41,805,744 GUE Global Uranium 0.082 -2% -10% -2% $22,583,415 CPM Coopermetalslimited 0.065 -6% -32% -28% $5,249,829 MM8 Medallion Metals. 0.052 -2% 4% -1% $15,999,576 FFM Firefly Metals Ltd 0.845 16% 19% 22% $396,584,069 CBY Canterbury Resources 0.046 10% -2% 2% $7,041,377 LYN Lycaonresources 0.26 13% 6% 6% $13,776,054 SFR Sandfire Resources 9.08 4% -3% 174% $4,148,281,802 TMZ Thomson Res Ltd 0.005 0% 0% 0% $4,881,018 TAM Tanami Gold NL 0.031 3% -11% 0% $36,428,008 WMC Wiluna Mining Corp 0 -100% -100% -21% $74,238,031 NWM Norwest Minerals 0.03 3% -6% 0% $12,419,824 ALK Alkane Resources Ltd 0.51 1% -5% -15% $310,797,601 BMO Bastion Minerals 0.006 0% -14% -1% $2,828,045 IDA Indiana Resources 0.085 6% 12% 1% $53,921,558 GSM Golden State Mining 0.01 0% 0% -1% $2,793,706 NSM Northstaw 0.011 -8% -61% -4% $1,538,634 GSN Great Southern 0.018 0% -5% 0% $13,897,223 RED Red 5 Limited 0.375 1% -13% 7% $2,516,915,151 DEG De Grey Mining 1.185 9% 6% -5% $2,876,009,411 THR Thor Energy PLC 0.015 0% -17% -2% $3,525,368 CDR Codrus Minerals Ltd 0.042 5% -19% -1% $6,946,275 MDI Middle Island Res 0.013 -13% -7% 0% $2,832,102 WTM Waratah Minerals Ltd 0.31 182% 216% 19% $51,118,882 POL Polymetals Resources 0.3 18% -14% -1% $51,359,183 RDS Redstone Resources 0.005 25% 43% 0% $5,552,271 NAG Nagambie Resources 0.012 9% 33% -2% $9,559,628 BGL Bellevue Gold Ltd 1.96 12% 1% 29% $2,313,476,737 GBR Greatbould Resources 0.056 -2% -3% -1% $34,556,599 KAI Kairos Minerals Ltd 0.009 0% -18% -1% $24,898,666 KAU Kaiser Reef 0.155 0% 3% -2% $27,367,023 HRZ Horizon 0.038 12% -14% 0% $42,505,246 CAI Calidus Resources 0.115 10% -8% -10% $93,678,206 CDT Castle Minerals 0.004 -20% -20% -1% $6,639,132 RSG Resolute Mining 0.6 15% 10% 16% $1,245,494,258 MXR Maximus Resources 0.032 14% 14% 0% $13,693,686 EVN Evolution Mining Ltd 3.64 6% -6% -32% $7,149,159,929 CXU Cauldron Energy Ltd 0.025 4% -32% 0% $29,436,735 DLI Delta Lithium 0.27 17% 4% -20% $185,485,857 ALY Alchemy Resource Ltd 0.006 -14% -14% 0% $7,068,458 HXG Hexagon Energy 0.015 36% -25% 0% $7,693,739 OBM Ora Banda Mining Ltd 0.335 0% 5% 10% $631,411,856 SLR Silver Lake Resource 0 -100% -100% -119% $1,496,968,932 AVW Avira Resources Ltd 0.001 0% 0% 0% $2,938,790 LCY Legacy Iron Ore 0.014 8% 0% 0% $107,989,676 PDI Predictive Disc Ltd 0.185 16% -3% -3% $445,911,377 MAT Matsa Resources 0.026 4% -7% 0% $14,312,354 ZAG Zuleika Gold Ltd 0.015 -6% -21% 0% $10,372,319 GML Gateway Mining 0.023 -8% -4% 0% $9,886,486 SBM St Barbara Limited 0.21 5% -7% 0% $167,683,928 SBR Sabre Resources 0.016 7% -11% -2% $6,287,391 STK Strickland Metals 0.11 5% 0% 2% $229,888,548 ION Iondrive Limited 0.009 0% -18% 0% $5,443,709 CEL Challenger Gold Ltd 0.056 2% -16% -2% $75,227,523 LRL Labyrinth Resources 0.005 25% 25% 0% $4,750,175 NST Northern Star 12.82 -1% -11% -83% $14,778,475,582 OZM Ozaurum Resources 0.06 11% 33% -9% $7,937,500 TG1 Techgen Metals Ltd 0.031 17% -11% -5% $3,715,844 XAM Xanadu Mines Ltd 0.06 5% -5% 0% $96,096,337 AQI Alicanto Min Ltd 0.02 -5% 28% -1% $12,927,323 KTA Krakatoa Resources 0.014 8% -13% -2% $6,609,501 ARN Aldoro Resources 0.072 3% 6% -5% $9,692,909 WGX Westgold Resources. 2.63 9% 15% 45% $1,190,250,175 MBK Metal Bank Ltd 0.025 9% 0% 0% $9,761,482 A8G Australasian Metals 0.075 4% -14% -10% $3,909,037 TAR Taruga Minerals 0.007 0% -13% 0% $4,942,187 DTR Dateline Resources 0.009 6% -31% 0% $13,117,923 GOR Gold Road Res Ltd 1.785 7% 10% -18% $1,939,186,768 S2R S2 Resources 0.1 6% -20% -7% $43,474,367 NES Nelson Resources. 0.003 0% 0% 0% $1,840,783 TLM Talisman Mining 0.255 2% -22% 2% $46,138,486 BEZ Besragoldinc 0.099 0% -1% -5% $41,391,990 PRU Perseus Mining Ltd 2.38 3% 0% 53% $3,297,098,916 SPQ Superior Resources 0.01 25% 43% 0% $18,010,984 PUR Pursuit Minerals 0.003 0% -40% -1% $10,906,200 RMS Ramelius Resources 1.91 1% -2% 23% $2,171,643,709 PKO Peako Limited 0.003 -25% -40% 0% $1,581,254 ICG Inca Minerals Ltd 0.006 -14% -14% 0% $4,828,433 A1G African Gold Ltd. 0.024 14% -11% 0% $5,023,530 OAU Ora Gold Limited 0.0055 10% 22% 0% $39,276,378 GNM Great Northern 0.011 -8% 0% -1% $1,700,920 KRM Kingsrose Mining Ltd 0.047 21% 2% 1% $33,863,693 BTR Brightstar Resources 0.018 13% 29% 0% $77,689,739 RRL Regis Resources 1.775 1% -2% -41% $1,348,279,772 M24 Mamba Exploration 0.015 0% -21% -4% $2,761,234 TRM Truscott Mining Corp 0.06 0% -4% 1% $10,470,960 TNC True North Copper 0.055 10% -2% -4% $49,027,451 MOM Moab Minerals Ltd 0.003 0% -25% 0% $2,135,889 KNB Koonenberrygold 0.014 -13% -26% -2% $4,029,025 AWJ Auric Mining 0.23 31% 31% 11% $29,710,674 AZS Azure Minerals 0 -100% -100% -370% $1,692,527,632 ENR Encounter Resources 0.73 15% 92% 44% $338,121,041 SNG Siren Gold 0.082 -6% 1% 1% $16,800,581 STN Saturn Metals 0.17 -13% -31% 0% $39,200,433 USL Unico Silver Limited 0.16 3% 10% 4% $47,848,255 PNM Pacific Nickel Mines 0.03 -6% -12% -5% $12,547,593 AYM Australia United Min 0.002 0% -33% 0% $3,685,155 ANL Amani Gold Ltd 0.001 0% 0% 0% $25,743,441 HAV Havilah Resources 0.205 5% 3% 1% $61,744,646 SPR Spartan Resources 0.945 6% 24% 43% $1,018,309,255 PNT Panthermetalsltd 0.033 38% -27% -3% $2,789,317 MEK Meeka Metals Limited 0.032 -3% -14% -1% $39,510,686 GMD Genesis Minerals 1.895 10% 4% 11% $2,092,405,672 PGO Pacgold 0.105 -9% -34% -9% $8,835,271 FEG Far East Gold 0.1 0% -17% -3% $24,728,336 MI6 Minerals260Limited 0.145 12% -9% -18% $32,760,000 IGO IGO Limited 5.93 1% -16% -312% $4,460,307,419 GAL Galileo Mining Ltd 0.205 3% -24% -8% $38,536,861 RXL Rox Resources 0.14 8% -13% -4% $54,977,702 KIN KIN Min NL 0.057 10% -5% -1% $64,798,280 CLZ Classic Min Ltd 0.001 -50% -75% -5% $808,365 TGM Theta Gold Mines Ltd 0.18 20% 29% 7% $120,961,772 FAL Falconmetalsltd 0.245 -2% -4% 10% $41,595,000 SXG Southern Cross Gold 2.56 16% -9% 130% $508,767,839 SPD Southernpalladium 0.395 1% -10% 2% $30,515,000 ORN Orion Minerals Ltd 0.015 0% -17% 0% $91,334,574 TMB Tambourahmetals 0.056 6% -28% -6% $4,644,660 TMS Tennant Minerals Ltd 0.023 10% 5% -1% $21,985,480 AZY Antipa Minerals Ltd 0.011 10% -21% -1% $51,810,544 PXX Polarx Limited 0.013 0% 8% 1% $26,656,272 TRE Toubani Res Ltd 0.17 -6% -3% 3% $28,446,454 AUN Aurumin 0.037 9% 0% 1% $16,776,619 GPR Geopacific Resources 0.021 5% -5% 0% $19,152,125 FXG Felix Gold Limited 0.043 -7% -25% -1% $12,020,591 ILT Iltani Resources Lim 0.24 -23% -23% 8% $8,332,574 ARD Argent Minerals 0.015 15% -21% 1% $22,934,811

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At Stockhead, we tell it like it is. While iTech Minerals, Mt Malcolm Mines, Ora Banda Mining, Renegade Exploration, Golden Mile Resources and iTech Minerals are Stockhead advertisers, they did not sponsor this article.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

The post Gold Digger: Fed gets lazy, ASX juniors steal runs with bullion back over $3500/oz appeared first on Stockhead.

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