5 Top Weekly TSX Performers: Gold Stocks Surge

Athabasca Oil

Alberta-based energy company Athabasca Oil is focused on the development of thermal and light oil assets. Situated in Alberta's Western Canadian Sedimentary Basin, the company has a significant land base of extensive, high quality resources.

Last week, shares of Athabasca Oil increased 33.03 percent, trading at C$1.45 by the end of the week.

Orla Mining

Orla is developing the Camino Rojo oxide gold project, an advanced gold and silver open-pit and heap leach project that is located in Zacatecas State, Central Mexico. The project is 100 percent owned by Orla and covers over 160,000 hectares.

Last week, Orla Mining shares of the company increased 30.48 percent, to end at C$5.48.

Mountain Province Diamonds

Mountain Province Diamonds holds an interest in the Gahcho Kué diamond mine located in Canada's Northwest Territories. Gahcho Kué, a joint venture between the company and De Beers, which is owned by Anglo American (LSE:AAL,OTCQX:AAUKF), is one of the world's largest new diamond mines.

On November 12, the company published its financial and operating results for the third quarter. Over the five-day period, shares of Mountain Province Diamonds increased 27.84 percent to end the week at C$0.62.

Aris Gold 

Aris Gold operates the Marmato mine in Colombia, where a modernization and expansion program is under way, and the Juby project, an advanced exploration stage gold project in the Abitibi greenstone belt of Ontario, Canada.

On November 11, the company announced that it plans to start the construction of the Marmato Lower mine and reported an increased mineral resource estimate. Last week, Aris Gold saw its share price increase 27.66 percent to C$1.80.

Marathon Gold

Toronto-based gold company Marathon Gold is advancing its 100 percent-owned Valentine gold project located in the central region of Newfoundland and Labrador, one of the top mining jurisdictions in the world.