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 rose $4.20 to $2,028.30 on Thursday. The TSX Venture Exchange lost 4.62 points to 550.29 while the TSX gold index dropped 1.61 points to 268.44. Newmont Corp. (NGT) lost 51 cents to $50.29 on 296,000 shares. The stock topped $108 in the spring of 2022 but was then halved in a two-stage swoon triggered by its acquisition of Newcrest Mining Ltd. Speaking of bad days, New Found Gold Corp. (NFG) fell 20 cents to $4.41 on 166,000 shares, putting it close to its 30-month low of $4.03.

Ron Woo's Gold Mountain Mining Corp. (GMTN) crashed 3.5 cents to two cents on 3.53 million shares Wednesday, following a halt called to reveal the company's latest woes. Today it lost one of its last two cents on 11.5 million shares. Gold Mountain has received demand for payment letters from two site contractors at the Elk project in south-central British Columbia. The creditors are demanding payment of $5.6-million, of which $4.7-million is owed to its main mining contractor, which also served a notice of enforcement of security against the company.

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