Australia’s mining stocks are back in focus as investors hunt for momentum plays and undervalued assets. Today, several ASX-listed mining companies recorded impressive gains—some even doubling in value in just one session. With growing global demand for critical minerals, battery metals, and gold, traders are watching these stocks closely for signs of breakout potential.
We’ve analysed the top 10 mining stocks on the ASX that delivered the strongest percentage gains today, while also considering market capitalisation and 1-year performance—three key metrics investors use to assess value and risk.
Performance of Mining Stocks ASX 200 today [Market Index]
Let’s dive into the top performers shaking up the ASX today.
Also Read: ASX 200 Market Rebound: Afternoon Surge Pulls Index into the Green
1. Resource Mining Corporation Ltd (ASX: RMI)
- Price: $0.012
- % Change Today: +100.00%
- Market Cap: $7.98M
- 1-Year Performance: -45.46%
RMI posted a remarkable 100% gain today, despite its poor 1-year return. While the stock remains volatile, such sudden spikes typically reflect speculation around recent news—possibly exploration updates or corporate activity. Investors should monitor volume trends and ASX announcements for clues on sustainability.
2. Carbine Resources Ltd (ASX: CRB)
- Price: $0.006
- % Change Today: +50.00%
- Market Cap: $3.31M
- 1-Year Performance: +50.00%
Carbine Resources is showing signs of a turnaround story. With a consistent 50% gain over the past year and a 50% gain today, CRB is attracting momentum traders. As a micro-cap, liquidity can be thin, so caution is warranted for larger investors.
3. MRG Metals Ltd (ASX: MRQ)
- Price: $0.005
- % Change Today: +50.00%
- Market Cap: $12.27M
- 1-Year Performance: +200.00%
MRG Metals continues to impress with both short-term and long-term gains. A 200% return over 12 months indicates sustained interest, likely due to progress on its heavy mineral sands projects in Mozambique. Its low price point makes it a speculative favourite.
4. Heavy Minerals Ltd (ASX: HVY)
- Price: $0.25
- % Change Today: +25.00%
- Market Cap: $16.89M
- 1-Year Performance: +252.11%
HVY has been one of the sector’s strongest performers in 2025, with a 252% jump in one year. Its focus on garnet and mineral sands, which are in growing demand for industrial uses, may be behind the rally. Its steady rise signals confidence from long-term investors.
5. DY6 Metals Ltd (ASX: DY6)
- Price: $0.105
- % Change Today: +19.32%
- Market Cap: $6.21M
- 1-Year Performance: +169.23%
DY6 is part of the emerging rare earths narrative in Australia. Its focus on critical minerals aligns with Australia’s broader strategy to become a leader in non-Chinese rare earth supply chains. The stock’s strong annual performance reflects this strategic tailwind.
6. Nimy Resources Ltd (ASX: NIM)
- Price: $0.105
- % Change Today: +14.13%
- Market Cap: $21.85M
- 1-Year Performance: +191.67%
Nimy Resources has quietly built a strong performance profile over the past year. As the world pivots toward electric vehicles, nickel-focused explorers like NIM are gaining traction. Its consistent upward trend makes it a more stable option among today’s high flyers.
7. PUA Minerals Ltd (ASX: PUA)
- Price: $0.018
- % Change Today: +12.50%
- Market Cap: $50.53M
- 1-Year Performance: +348.04%
PUA has been on a roll, with an incredible 348% return over 12 months. It’s gaining exposure through lithium and nickel projects—key materials for battery manufacturing. With a solid mid-tier market cap, the company sits between micro-cap hype and institutional interest.
8. Victory Metals Ltd (ASX: VTM)
- Price: $0.72
- % Change Today: +6.67%
- Market Cap: $78.84M
- 1-Year Performance: +200.00%
Victory Metals is a rare combination of strong one-year gains and a growing market cap. With its focus on rare earths, VTM is benefiting from global geopolitical shifts as nations seek alternative suppliers outside of China. Its higher price reflects market confidence.
9. Koonenberry Gold Ltd (ASX: KNB)
- Price: $0.091
- % Change Today: +7.06%
- Market Cap: $85.66M
- 1-Year Performance: +550.00%
KNB is the top performer over the past year, skyrocketing 550%. Investors have taken note of its gold exploration potential and promising drill results. With gold prices also rising, KNB is perfectly positioned to benefit from both sector trends and commodity tailwinds.
10. Southern Cross Gold Ltd (ASX: SX2)
- Price: $5.75
- % Change Today: +5.70%
- Market Cap: $795.23M
- 1-Year Performance: +51.32%
Southern Cross Gold is the most established name on this list, with a market cap nearing $800 million. Despite today’s modest gain, the stock is notable for its low volatility and consistent performance. It appeals to institutional investors seeking exposure to gold exploration with lower risk.
Key Takeaways for Investors
Today’s gains across the mining sector highlight the return of speculative energy to the ASX. However, sharp daily price movements don’t always indicate long-term value. Investors should consider:
- Sustainability of gains – Stocks like SX2 and HVY offer more consistency.
- Volatility risk – Penny stocks like RMI and CRB can double or halve in a session.
- Market tailwinds – Companies aligned with critical minerals and clean energy (e.g. VTM, DY6) have a better macro narrative.
As always, diversification and due diligence remain key. A breakout day doesn’t guarantee a bullish year—but it’s a signal worth tracking.