This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.
Here is a sample of this item:
by Stockwatch Business Reporter
New York spot gold gained $6.60 to $1,353.40 on Monday. The TSX Venture Exchange fell 1.26 points to 816.54 while the TSX Gold Index rose 2.63 points to 190.34. Agnico Eagle Mines Ltd. (AEM) led Canadian gold miners higher today, adding 60 cents to $54.46 on 1.08 million shares. Eldorado Gold Corp. (ELD) was weak once again. The stock, worth nearly $22 in 2011, lost another seven cents to $1.10 on 7.18 million shares.
Ewan Downie's Premier Gold Mines Ltd. (PG), unchanged at $3.26 on 402,000 shares, has updated reserve and resource estimates for its Mercedes mine in Sonora, Mexico. The company currently lists a reserve of 3.29 million tonnes averaging 3.95 grams of gold and 24.2 grams of silver per tonne, totals of nearly 420,000 ounces of gold and 2.56 million ounces of silver. There are additional reserves present. Premier lists 4.68 million tonnes measured and indicated at 4.32 grams of gold and 43.7 grams of silver per tonne, plus 1.63 million tonnes inferred at 4.2 grams of gold and 34 grams of silver per tonne. The additional resources provide an extra 733,000 ounces of gold and just under seven million ounces of silver.
The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS
© 2018 Canjex Publishing Ltd. All rights reserved.
Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted.Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.