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by Stockwatch Business Reporter

New York spot gold added $21.20 to $4,210.80 on Tuesday. The TSX Venture Exchange gained 15.27 points to 940.28 while the TSX gold index rose 24.82 points to 783.23. Pan American Silver Corp. (PAAS) was strong, adding $6.68 to $67.05 on 3.61 million shares. It had company, as Silver X Mining Corp. (AGX) rose seven cents to 73 cents on 4.67 million shares, but West Red Lake Gold Mines Ltd. (TKO), on the other hand, lost two cents to 91 cents on three million shares.

None had news, but Jamie Beck's Lundin Gold Inc. (LUG), which slid $2.04 to $107.57 on 1.49 million shares, did. Late yesterday, Lundin projected its 2026 gold production at between 475,000 and 525,000 ounces while "maintaining competitive cost structure." Lundin Gold also offered a three-year outlook, projecting that its gold production from the Fruta del Norte mine in Ecuador will remain within that range through 2028, and with costs nearly flat as well.

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