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by Stockwatch Business Reporter

New York spot gold rose $22.60 to $1,840.30 on Tuesday. The TSX-V rose another 10.60 points to 695.76 while the TSX gold index added 1.92 points to 377.53. Most Canadian gold miners moved higher again today, and Rob McEwen's McEwen Mining Inc. (MUX) was again among them, adding 12 cents to $1.73 on 1.48 million shares. The company, which is fighting -- and currently winning -- a battle to keep its New York Stock Exchange listing, closed at $1.29 (U.S.) on the NYSE today. It needs to stay above $1 for a month.

It was not all party hats and horns today. Premier Gold Mines Ltd. (PG) dropped eight cents to $2.47 on 2.31 million shares on word that its 40-per-cent-owned South Arturo mine in Nevada produced 4,765 ounces of gold in the second quarter -- exceeding expectations -- but at its Mercedes mine in Mexico, "a new vision for success was required to ensure the mine's long-term viability." That vision is more a nightmare for the mine's workers, who will be fewer in number as the operation ramps back up after its COVID closure.

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