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by Stockwatch Business Reporter

New York spot gold retreated $18.80 to $3,294.70 on Thursday. The TSX Venture Exchange slipped 0.13 point to 678.55 while the TSX gold index lost 3.38 points to 473.40. Most gold miners listed in Canada stayed close to home today. Endeavour Silver Corp. (EDR) was unadventurous, as it lost nine cents to $4.89 on 1.38 million shares in silence. Equally quiet but more rambunctious was Orezone Gold Corp. (ORE), which added eight cents to $1.16 on 3.22 million shares.

Shane Williams's West Red Lake Gold Mines Ltd. (WRLG) had a good day, but it had news. Word that the company's board has approved the immediate restart of its Madsen gold mine, near Red Lake in Northwestern Ontario, sent the company's stock up six cents to 84 cents on 5.74 million shares. The decision is no surprise, at least to those investors who have been listening to -- and believing in -- the company's statements over the past year that it planned to restart the operation in mid-2025.

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