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by Stockwatch Business Reporter

New York spot gold marched onward, adding another $26.70 to $3,558.40 on Wednesday. The TSX Venture Exchange added 1.87 points to 847.07, its highest point since the spring of 2022 but still a long haul from the 3,372-point high set just before the Great Recession. The TSX gold index, on the other hand, added another 4.73 points to 630.72, which is an all-time high close. Accordingly, most Canadian gold miners moved northward again today, with Galiano Gold Inc. (GAU) up 24 cents to $3.43 on 3.42 million shares and Silver X Mining Corp. (AGX) up one cent to 38.5 cents on 4.03 million shares.

Neil Woodyer's Aris Mining Corp. (ARIS) rose 50 cents to $12.57 on 1.72 million shares following a brief halt called so investors could absorb the details of a prefeasibility study of its Soto Norte gold project in Colombia. The study is a bit of a downgrade in more ways than one: First, Soto Norte cleared feasibility three years ago, so the new study is a step backward. Second, this new plan calls for a 3,500-tonne-per-day mine, just half the scale of the feasibility proposal.

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