Daily Metals Mining Rundown for 17 Oct 2025 (after-market ASX)

Gold price continued to run through ASX trading, breaching new all time highs above $4,300/oz, which helped push some ASX gold mining stocks higher while most others fell slightly - along with most miners of other metals which fell more sharply.

Author

Host Rock Capital
October 17, 2025

Today’s metal price movements (over past ~12hrs) and mining company peer group movements through ASX trading (including yesterday’s TSX/NY movements) include:

Top and bottom 40 daily performing metals mining company stocks (out of 492 in our Peer Table) through ASX trading (including yesterday’s TSX/NY closing prices) include:

Covered mining company announcements incorporated into today’s after-market ASX Peer Table (resource updates, economic studies, changes in attributable project ownership):

  • 20 Oct 2025 - Gold explorer Kalamazoo Resources (ASX:KZR) announced a re-optimized gold resource estimate for its Mt Olympus deposit, which makes up the overwhelming majority of ounces at the flagship Ashburton gold project in Australia. This re-optimization was repiorted to have increased Mt Olympus overall grade by 10% to 2.8 g/t Au and the indicated category ounces by 68%, with the pit-optimized portion now standing at 0.772Moz @ 2.53g/t Au and underground portion now at 0.1745Moz @ 3.76 g/t, with a new UG exploration target of 2-6Mt @ 2g/t for another 129-387koz. Total project resources fall slightly to 1.31 Moz Au (from 1.44Moz), but are now higher-grade and tighter, which should bode well for the upcoming Scoping Study due before yearend, and set to contemplate a high-grade open pit production scenario for Mt Olympus’ 0.772Moz @ 2.53 g/t Au. KZR trades at 20c/sh, market cap A$47m, and market cap/oz resource of US$23.4/oz - a 51% discount to our 92-company peer group median $48/oz (and a 61% discount to our 74-company gold developer peer group, where KZR is headed upon completion of Scoping Study).

Disclaimer: Provided for informational and educational purposes on an “as-is” basis, and is not investment advice. For full disclosures, visit www.hostrockcapital.com/disclosures.