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 lost $14.30 to $1,977.90 on Monday. The TSX Venture Exchange fell 6.18 points to 519.07 while the TSX gold index dipped 2.76 points to 274.73. Most Canadian gold miners kept close to home today. Artemis Gold Inc. (ARTG) did add 15 cents to $5.85 on 280,000 shares without assist from news today, while equally silent McEwen Mining Inc.(MUX) fell 54 cents to $9.18 on 19,000 shares.

Collin Kettell and Denis Laviolette's New Found Gold Corp. (NFG) lost six cents to $5.12 on 168,000 shares on word it has closed its placement of 7.73 million flow-through shares at $7.25, raising $56-million for further work at its Queensway project in north-central Newfoundland. This is the placement, revealed a week ago, that came with cut-rate pricing that shaved nearly $1 off New Found's market price.

Tom Palmer's Newmont Corp. (NGT) also lost ground on news, although the information was not of the unexpected variety. Newmont said today that it has completed its acquisition of Newcrest Mining Ltd., which traded its last late last month at $20.65. "Today marks a historic milestone," gushed Mr. Palmer, president and chief executive officer, as he applauded the "transformational acquisition."

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS