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 fell $2.80 Thursday, taking its afternoon break at $4,540.30. The TSX Venture Exchange lost 1.71 points to 977.97 while the TSX gold index added 1.90 points to 847.27. Many precious metals miners moved southward today, led by a 23-cent drop by Jaguar Mining Inc. (JAG), which closed at $5.99 on 428,000 shares. West Red Lake Gold Mines Ltd. (WRLG) led those northbound, as it added two cents to 69 cents on 3.56 million shares.

John Black's Aldebaran Resources Inc. (ALDE) lost 11 cents to $2.67 on 169,000 shares on word of another batch of long drill hits at its Altar project in San Juan, Argentina. The intercepts are encouraging, but no surprise, as the drilling seeks to upgrade already inferred rock to higher classifications. The best of the hits returned -- oh, how to choose -- a 1,339.3-metre surface-based zone that graded 0.18 gram of gold and 1.22 grams of silver per tonne, plus 0.38 per cent copper and a faint whiff of molybdenum, good for 0.45 per cent copper equivalent.

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