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by Stockwatch Business Reporter

Bullion's slide continued Wednesday, as gold dropped another $26.20 to pause this afternoon at $4,097.50. Bullion has now lost more in barely 24 hours than the metal was worth a quarter century ago. The TSX Venture Exchange lost another 3.36 points to 947.69 today while the TSX gold index added 2.46 points to 704.16. Some miners rebounded today: Taseko Mines Ltd. (TKO) rose 19 cents to $5.45 on 1.92 million shares, but others did not. Lundin Gold Inc. (LUG) misplaced another $1.81, ending the day at $96.34 on 2.27 million shares.

Also down today was Mineros SA (MSA), but not by much and it had news to account for the one-cent fall to $4.74 on 1.25 million shares. The company is looking to sell $400-million (U.S.) of senior notes and has arranged a $100-million (U.S.) credit facility. The cash from the borrowing is needed for financing capital expenditures and for general corporate purposes. (In August, the company said it was looking at ways to "power strategic growth." Today, it revealed its answer.)

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