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by Stockwatch Business Reporter

New York spot gold fell $3.60 to $2,058.40 on Tuesday as 2024 gets under way. The TSX Venture Exchange rose 0.85 point to 553.75 while the TSX gold index slipped 1.76 points to 282.29. Most Canadian-listed gold miners moved little today, but speculators were in a buoyant mood about First Quantum Minerals Ltd. (FM) and its endangered Cobre Panama mine, which the Panamanians want to shutter despite it accounting for a significant portion of the country's gross domestic product. First Quantum, a $30 stock until a few months ago, rebounded $1.12 to $11.97 on 7.92 million shares today.

Laurel Sayer's Perpetua Resources Corp. (PPTA), up 16 cents to $4.35 on 55,000 shares, cheers that the USFS expects to publish a FEIS and a DROD this spring and a ROD late this year. Yes, Perpetua's Stibnite gold project in central Idaho is clearly in the acronym stage of the regulatory process. (The United States Forestry Service should publish a final environmental impact statement and a draft record of decision before the end of March and finalize the record of decision this fall.)

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