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by Stockwatch Business Reporter

New York spot gold rose $35.50 to $4,011.10 on Friday. The TSX Venture Exchange added 0.52 point to 854.89 while the TSX gold index fell 3.49 points to 704.90. Artemis Gold Inc. (ARTG) was strong, as it added 34 cents to $31.67 on 632,000 shares. Wesdome Gold Mines Ltd. (WDO) also did well in silence, as it gained $1.02 to $25.32 on 1.53 million shares. Novagold Resources Inc. (NG), on the other hand, dropped 18 cents to $7.28 on 793,000 shares.

And now for the news. It being a summer Friday, one should not expect much, save perhaps some companies looking to slip you some disquieting information. Adam Lundin and Jack Lundin's -- what else -- Lundin Mining Corp. (LUN) dipped 43 cents to $33.16 on 2.58 million shares as it preannounced certain items affecting its coming financials, which it will reveal in early August. There was as much good news as bad in the company's self-scooping details, which were led by a positive impact of provisional pricing adjustments. Yes, Lundin Mining is taking a modest hit with unrealized losses on its gold collar contracts, but there was a greater unrealized gain as the contracts were revalued.

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