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by Stockwatch Business Reporter

New York spot gold rose $3.80 to $2,033.30 on Wednesday. The TSX Venture Exchange fell 1.13 points to 554.59 while the TSX gold index fell 0.83 point to 239.84. Most Canadian gold miners moved lower today. Endeavour Mining PLC (EDV), up 66 cents yesterday on word that wet commissioning is under way at its Sabodala-Massawa expansion project in Senegal, lost 58 cents to $21.91 on 854,000 shares today on word that a contract miner died at its Mana mine in Burkina Faso, triggering a temporary halt to mining.

Carl Lofberg's Firefox Gold Corp. (FFOX) lost one cent to 6.5 cents on 198,000 shares. The company has drilled 13.5-metre interval grading 3.16 grams of gold per tonne at the Mustajarvi project in northern Finland. The hit came from one of six new holes drilled on the property last year. Four of the new tests had been targeted to seek extensions at depth of a near-surface high-grade zone at the East target. All four holes yielded gold, including the headline hit, but only one other hole managed a noteworthy result, with 5.96 grams of gold per tonne across 3.6 metres.

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