Si6 Chart, page-475

Best Gold Stocks of 2020 on the ASX

Melissa Pistilli - January , 2021


2020 was a record-breaking year for gold, with the precious metal surging above US$2,060 per ounce in August and staying above US$1,850 for the remainder of the year.

Interest in the metal was fuelled by global economic uncertainty related to social and economic instability brought on by the COVID-19 pandemic. Added to that was the seemingly endless US-China trade war, as well as decreased exploration efforts on the part of gold miners over the last few years.

Here, the Investing News Network takes a look at the best ASX gold stocks of 2020 by share price performance. The top ASX gold stocks list below was generated on January 20, 2021, using TradingView’s stock screener, and all gold stocks listed had market caps above AU$50 million at that time.




Si6 Metals (ASX:S16)


Si6 Metals has operations in the Southern African nation of Botswana and in Western Australia. The company’s main project is Maibele in Botswana, where it is targeting nickel, copper, cobalt, platinum-group metals and silver mineralization.

Aside from that, Si6 recently entered an option to acquire a 100 percent interest in the 310 square kilometre Monument gold project in Western Australia. Monument is in the well-established Laverton gold district, which features excellent infrastructure, including road access, a gas pipeline and a sealed airstrip. The project hosts an initial JORC-compliant inferred mineral resource estimate of 0.86 million tonnes at 1.8 g/t gold for 50,000 ounces gold.