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by Stockwatch Business Reporter
New York spot gold rose $67.80 Monday, hitting $4,137.60 by the market's close. The TSX Venture Exchange added 14 points to 836.03 today while the TSX gold index added 40.1 points to 928.59. Precious metals miners listed in Canada today came in three general flavours -- strong, stronger and China Gold International Resources Corp. (CGG), which lost 29 cents to $32.26 on 185,000 shares.
Among the gainers, B2Gold Corp. (BTO) was strong, as it added 42 cents to $8.05 on 8.98 million shares. So was Wesdome Gold Mines Ltd. (WDO), which added $1.21 to $29.67 on 1.1 million shares. Lundin Mining Corp. (LUN) was stronger: It added $2.17 to $31.76 on six million shares, while Starcore International Mines Ltd. (SAM) was arguably the strongest: It added five cents to 32 cents on 237,000 shares.
Gilbert Clark's Meridian Mining PLC (MNO), rose six cents to $1.78 on 880,000 shares, says that it is advancing toward a final investment decision at its Cabacal project in Brazil. Mind you, the key advancements include the awarding of engineering contracts and the signing of access agreements for power easements, so at this point a negative decision will come as a shocker.
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