Canada’s junior exchange followed the major bourses lower with investors selling gold-related issues. The S&P-TSX Venture Exchange composite index dropped 7.02 points, or 0.4%, and closed at 1,775.36.
American Bonanza Gold Mines ended the session unchanged at 37.5, on a volume of 1.6 million. The company is currently in the midst of an underground drilling program on its Copperstone gold project in Arizona. Work is also on going on the junior’s Gold Bar ppoperty located in the Battle Mountain-Eureka mineral belt in central Nevada.
China Diamond lost 1.5 to close at 33 on 1.4 million shares traded. The junior holds interests in several diamond projects in China including the 701 diamond mine property.
International Wayside Gold Mines finished the day up a penny to 28 on 1.1 million shares. The Frank Callaghan-led junior is trying to develop the Cariboo gold property near Wells, BC.
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