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

Goldbugs welcomed 2025 as New York spot gold rose $32.50 to close at $2,657.10 on Thursday, the first market session of the new year. The TSX Venture Exchange jumped 19.51 points to 617.35 while the TSX gold index rose 14.41 points to 351.33. Canadian gold miners were strong and several posted sharp advances. Iamgold Corp. (IMG) leapt 59 cents to $8.02 on 2.28 million shares despite a one-week silence, while Jaguar Mining Inc. (JAG) also moved with bullion, not news, adding 12 cents to $2.40 on 206,000 shares.

One company with news was Shane Williams's West Red Lake Gold Mines Ltd. (WRLG). It lost one cent to 59 cents on 2.32 million shares on word that it has closed its credit arrangement with Nebari Natural Resources Credit Fund II LP, which is providing $35-million (U.S.) in three tranches. The first of two $15-million (U.S.) tranches was drawn down on Tuesday. This is the deal first revealed in mid-October, and since then Nebari has been completing a "detailed due diligence process" that investigated all aspects of West Red Lake Gold and its Madsen project.

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