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by Stockwatch Business Reporter
How many times can one say: "It just keeps going!" before one accepts, barring a change in global affairs, that bullion is going to keep on rolling. New York spot gold added another $70.30 today, pausing at $4,832.70. The TSX Venture Exchange added 1.29 points to 1,094.62, while the TSX gold index fell 16.87 points to 970.77. A few Canadian gold miners nevertheless gained altitude today. China Gold International Resources Corp. (CGG) jumped 99 cents to $36.05 on 198,000 shares and Imperial Metals Corp. (III) gained 26 cents to $11.88 on 761,000 shares. Equinox Gold Corp. (EQX) was among those southbound, as it fell $1.09 to $20.54 on 8.94 million shares.
George Burns's Eldorado Gold Corp. (ELD) jumped $2.72 to $62.04 on 2.08 million shares today, but it had news, having hit the upper end of its 2025 production guidance. The good news was driven by strong results from the Lamaque mine, with the Kisladag and Efemcukuru mines producing in line with expectations. Even the bad news was good, as the recently wobbly Olympias mine "benefitted from improved processing stability, bringing production back in line with expectations," the company enthused.
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