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by Stockwatch Business Reporter

New York spot gold rose $15.10 to close at $2,663.40 on Wednesday while the TSX Venture Exchange slipped 2.78 points to 610.13 and the TSX gold index leapt 10.14 points to 357.21. Most Canadian gold miners advanced today, but among those that did not was Endeavour Silver Corp. (EDR), which lost 55 cents to $5.08 on 3.01 million shares.

Endeavour said today that wet commissioning of its Terronera mine in Jalisco, Mexico, is now delayed until early in the second quarter. This is the result of delays in delivery of critical structural steel components -- in turn the result of holiday transport restrictions imposed by the government. The restrictions have been lifted and work has resumed, but the time has been irrevocably lost. Don Gray, chief operating officer, cheers that the slowdown "gave our construction team an opportunity to recharge for the final effort in bringing Terronera to a successful completion."

Darren Hall's Calibre Mining Corp. (CXB) was among those northbound. It jumped 21 cents to $2.42 on 5.63 million shares on word it had record gold production in its fourth quarter. The company is also anticipating a record 2025 thanks to its new Valentine Lake gold mine in central Newfoundland, which is slated to have its first gold pour in spring.

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