Collaboration with Baker Hughes to promote H2 to scale

Market and raw material price agreement

The S&P/ASX 200 (Indexasx: XJO) rose slightly this week and opened on Monday on 8,967.42 and closes on Friday (August 29) on 8,973.08.

With regard to precious metals, rose by 1.17 percent in US dollars, from US $ 3,372.21 per ounce on Monday to US $ 3,411.52 by the end of Australian trade on Friday.

The metal saw a smaller rise in the Australian dollars, with an increase of 0.48 percent higher than AU $ 5,196.32 to AU $ 5,221.48 in the same period.

Silver withdrew somewhat in American dollars, from the week with US $ 38.95 per ounce and closing the Australian Trading week for US $ 38.84. In Australian dollars, Silver fell from AU $ 60.03 to AU $ 59.48.

Top ASX -MYBLIEK SPONS THIS WEEK

How did ASX -MYBOUW SHARDINGS against this background performed?

View the five best performing Australian mining shares of this week below, while the investing news network breaks down their activities and why these companies are finished this week.

Stand data for this article was picked up on Thursday (August 28) at 4:00 pm with the help of TradingViews Stock Screener And reflects price movements between Monday and Thursday. Only companies that are traded on the ASX with market capitalizations that are larger than AU $ 10 million are included. Mineral companies within non-energy minerals, energy minerals, process industry and production of producers were considered.

1. Invictus Energy (ASX: IVZ)

Weekly profit: 187.31 percent
Market capitalization: For $ 208.45 million
Stock price: Au $ 0.145

Invictus Energy is an Explorer and developer of Energy Resource aimed at the Cabora Bassa basin in Noord -Zimbabwe, in which Invictus has a license area of ​​360,000 hectares.

It was taken over by Invictus in 2018, with aggressive work done since then. At the end of 2023, the company made the Mukuyu Gas-Condensate discovery on the site.

On Tuesday (August 26), Invictus asked for a trade stopIn anticipation of the release of an announcement.

Invictus revealed the next day that it is one Binding Mou and Share Subscription Agreement With all Mansour Holdings, which is supported by a senior member of the Qatar Royal Family.

The scheme includes an acquisition of Invictus of 19.9 percent by Al Mansour for an investment of AU $ 37.8 million (before the costs) against an AU $ 0.095 share price. The financing will be allocated to the expedition of Cabora Bassa exploration, including drilling his priority goal Musuma-1.

Al Mansour has also agreed to providing $ 500 million to conditional future financing for accelerating the project to production.

Trade on Wednesday (August 27) and shares closed the next day closed on AU $ 0.145.

2. Gateway Mining (ASX: GML)

Weekly profit: 89.29 percent
Market capitalization: For $ 85.9 million
Stock price: Au $ 0.053

Subiaco-based gateway Mining is a gold survey company with assets in Western Australia.

The company’s flagship project is it Montague Gold ProjectAbout 70 kilometers north of Sandstone. It has a total source of 526,000 ounces gold of 10.07 million tons with a class of 1.6 grams per tonne of gold.

On August 19, Gateway completed The acquisition of the Yandal Gold project of Strickland Metals (ASX: STK) in an AU $ 45 million share transaction.

Progress updates on Yandal placed gateway in MijnKoppen this week, because the company announced both a board of restructuring to display its focus on Yandal and newly identified zones during the project on Tuesday.

In the board updateGateway appointed former Strickland officer Andrew Bray as his new executive chairman and Anthony McClure as a non-executive director.

In the meantime, Gateway announced it identified About 90 kilometers of new shear zones via gravity and aeromagnetic surveys. Gateway said it started with the sampling of rockship, soil sampling, lag -sample and card programs on the site.

“Although the acquisition of the Yandal Gold project of Gateway has just been completed, we expect to have a constant news flow from the project in the coming weeks and months,” Bray noted.

Shares of the company peaked to the end of the week and closed on AU $ 0.053.

3. Ark Mines (ASX: AHK)

Weekly profit: 81.08 percent
Market capitalization: For $ 27.13 million
Stock price: Au $ 0.335

Ark Mines is an Australian explorer who focuses on rare earth elements (REE). It also contains projects with copper, nickel, iron and cobalt.

The flagship project, Sandy Mitchell, is located in North Queensland, Australia, and is the home of both light and heavy rare earths in Placer mineral sand deposits.

The project houses a measured estimate of the mineral resources of 71.8 million tonnes by 1,732.7 parts per million (PPM) monazietquivalent.

The stock price of ARK climbed at the beginning of this week when the company announced an AU $ 4.5 million investment of the Critical Minerals and Battery Technology Fund of the Queensland Investment Corporation.

On Wednesday, Ark Mines released an update on the Stage 3 Resource Expansion Drilling Program in Sandy Mitchell and a new one Investment presentation emphasize his financing.

According to drilling updateDrilling goes before the schedule, now completed with 94 of the 189 drill holes.

Shares of Ark Mines reached its highest closure of the week on AU $ 0.455 on Tuesday.

4. Gladiator sources (ASX: GLA)

Weekly profit: 71.43 percent
Market capitalization: For $ 14.41 million
Stock price: Au $ 0.024

Gladiator Resources is a uranium and a rare earth element -oriented company with head office in Sydney. The company’s flagship project is the MKUJU -URANIUM PROJECT in southwestern Tanzania, and last week it agreed to acquire Rare earth houses in the US with Apex USA sources.

The Likuyu North deposit from MKUJU has a Jorc Mineral Resource estimate of 4.6 million pounds of uranium oxide from ERTS with an average grade of 267 ppm uranium oxide.

A trade stop was announced on Tuesday by Gladiator, awaiting an important announcement.

It came on Thursday (August 28), where Gladiator revealed that it is one Too much registered capital increase from AU $ 1 million on AU $ 0.018 per share. The proceeds will be used to support the new US REE-oriented strategy of the company.

The next day, Gladiator also shared that it has requested an American OTC market list.

“(This offer) is an important step in expanding our reach to North -American investors and improving liquidity for our shareholders,” noted Matthew Boyssen in Friday edition. “We have observed that significant daily volumes are traded with other ASX-Genten American REE companies.”

The shares of the company were closed on Thursday on AU $ 0.024, the highest record this week.

5. Cannindah Resources (ASX: CAE)

Weekly profit: 47.33 percent
Market capitalization: For $ 16.02 million
Stock price: Au $ 0.026

The Cannindah Resources, based in Queensland, is an exploration and resource development company aimed at copper and gold.

The flagship project is MT Cannindah, located 100 kilometers south of Gladstone. Substantial historic copper and goldeners from the project are 82 meters by 2.32 percent copper and 0.88 grams per tonne of gold.

Although no project -oriented announcements have made this week, one Replacement investment presentation was published on Wednesday, with changes largely disclaimer and compliance-related.

In the presentation, Cannindah said that the goal is to outline more than 100 million tons of material and that the current source is open to the south, north and depth.

The original presentation was published on August 22, alongside news from Management changesIncluding the appointment of Cam Switzer as an interim -CEO.

Shares of the company were the highest on Thursday, when they closed on Au $ 0.026.