Gold Seeker Closing Report: Gold Gains and Silver Rises Over 1%

	Close	Gain/Loss
Gold	$1122.25	+$3.65
Silver	$17.30	+$0.21
XAU	174.38	+1.13%
HUI	449.56	+1.33%
GDM	1334.04	+1.49%
JSE Gold	2506.92	-16.12
USD	76.34	-0.19
Euro	146.54	+0.36
Yen	112.85	+0.63
Oil	$69.51	-$0.36
10-Year	3.546%	+0.006
T-Bond	119.09375	+0.1875
Dow	10501.05	+0.28%
Nasdaq	2212.10	+0.99%
S&P	1114.11	+0.70%

Gold rose $9 to as high as $1127.60 in Asia before it fell to see a slight loss at $115.48 in London, but it then rallied back higher in New York and ended with a gain of 0.33%. Silver followed a similar pattern and climbed to $17.37 before it fell to $17.12, but it also rallied back higher into the close and ended with a gain of 1.23%.

Euro gold climbed to about €766, platinum gained $11 to $1436, and copper gained a couple of cents to about $3.13.

Gold and silver equities rose about 1% at the open before they fell to see slight losses by midmorning, but they then rallied back higher midday and ended with over 1% gains.

There were no major economic reports today. Tomorrow at 8:30AM EST brings PPI for November expected at 0.8%, Core PPI expected at 0.2%, and Empire Manufacturing for December expected at 24.00. At 9AM is the TIC Flows report for October expected at $42.3 billion and at 9:15 are Capacity Utilization for November expected at 71.1% and Industrial Production expected at 0.5%.

Oil fell slightly for the ninth straight session on continued worries over global energy demand.

The U.S. dollar index fell after Dubai received financing from Abu Dhabi and eased worldwide credit worries.

Treasuries remained near unchanged while the Dow, Nasdaq, and S&P found modest gains on deal making news after Dubai’s financing and Exxon’s acquisition increased confidence over the global economy.

Among the big names making news in the market today were Dubai, Exxon and XTO, Citigroup, Morgan Stanley, and Glaxo.

Note: Change in Total Tonnes from yesterday’s data: The LSE subtracted 0.43 tonnes.

COMEX Gold Trust (IAU) Total Tonnes in Trust: 81.77 - No change from yesterday’s data.

Silver Trust (SLV) Total Tonnes in Trust: 9,514.35 - No change from yesterday’s data.

New Gold’s (NGD) injunction, Rubicon’s (RBY) addition to the S&P/TSX Composite Index, Anatolia’s (ANO.TO) start of mining operations, Keegan’s (KGN) property acquisition, Newmont’s (NEM) joint venture stake sales, Kirkland’s (KGI.TO) operations update, Franco-Nevada’s (FNV.TO) offer to acquire International Royalty (ROY), Alexco’s (AXU) management appointments, and Fortuna’s (FVI.V) permit were among the big stories in the gold and silver mining industry making headlines today.

Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1.

Northern Vertex Capital Inc. enters into an option agreement to aquire the Deer Creek Gold Property - More
- December 14, 2009 | Item | E-mail

Alexco Announces New Management Appointments - "Alexco Resource Corp. (TSX:AXR - News)(AMEX:AXU - News) ("Alexco" or the "Company") is pleased to announce a number of new management appointments as the company transitions from a junior exploration and development company to becoming Canada's only primary silver producer in 2010 upon completion of construction at its Bellekeno Mine in the Keno Hill Silver District in Yukon Territory. Alexco also operates an integrated environmental services business with offices in Canada and the United States." More
- December 14, 2009 | Item | E-mail

New Gold Granted Injunction to Temporarily Lift Shutdown Order at Cerro San Pedro Mine - "New Gold Inc. ("New Gold") (TSX and NYSE AMEX-NGD) today announces that it has been granted an injunction related to the suspension of operations at its Cerro San Pedro mine in Mexico. The court ruling temporarily overturns the Mexican environmental enforcement agency's order to suspend mining operations at the Cerro San Pedro mine. New Gold's wholly owned Mexican subsidiary, Minera San Xavier ("MSX"), filed the appeal seeking to overturn the suspension order on December 3, 2009. Mining operations will recommence at the Cerro San Pedro mine and are expected to continue through the duration of the appeal trial." More
- December 14, 2009 | Item | E-mail

Canterra Minerals Corporation Acquires Triex Minerals Corporation - More
- December 14, 2009 | Item | E-mail

Rubicon Minerals Corporation Added to S&P/TSX Composite Index - "Rubicon Minerals Corporation (RMX.TSX: RBY.NYSE Amex) is pleased to announce it has been added to the Toronto Stock Exchange's benchmark S&P/TSX Composite Index, effective from December 21, 2009. The S&P/TSX Composite Index is an index of the equity prices of the largest companies on the Toronto Stock Exchange (TSX) as measured by market capitalization and represents approximately 70% of the market capitalization for Canadian-based companies listed on the Toronto Stock Exchange." More
- December 14, 2009 | Item | E-mail

Fancamp Announces Flow-Through Financing - More
- December 14, 2009 | Item | E-mail

Remington Resources Inc. announces results of drill program on Blunt property - More
- December 14, 2009 | Item | E-mail

White Pine Resources Acquires Option for Gold Property South of Kirkland Lake - More
- December 14, 2009 | Item | E-mail

Amseco Signs Joint Venture Agreement on Malartic Property - More
- December 14, 2009 | Item | E-mail

Lund Gold Ltd.: Fall Don-Don Drilling Program Completed - More
- December 14, 2009 | Item | E-mail

Valterra Announces Private Placement and Two Drill Programs - More
- December 14, 2009 | Item | E-mail

Goldstake Proposes Up To $1,000,000 Financing - More
- December 14, 2009 | Item | E-mail

Trelawney Enters Into Agreement to Acquire Property - More
- December 14, 2009 | Item | E-mail

Greystar Resources and The International Finance Corporation Initiate Royalty Education Program in Angostura Communities - More
- December 14, 2009 | Item | E-mail

Cliffs to Proceed with Plan of Arrangement to Acquire Freewest at CAD$1.00 Per Share - More
- December 14, 2009 | Item | E-mail

Ventana Announces Additional La Mascota Drill Results-60 Metres of 10.1 Grams Per Tonne Gold, 37.2 Grams Per Tonne Silver and 0.35% Copper - More
- December 14, 2009 | Item | E-mail

Greenock Resources: Approval of DRC Kakanda Copper Project and Amended Nevada Gold Property Acquisition Terms - More
- December 14, 2009 | Item | E-mail

Forsys Announces New Mine Plan Based on Improved Resource, Reserves and Grade at Valencia - More
- December 14, 2009 | Item | E-mail

Treasury Intersects High-Grade Gold and Extends Mineralized Gold Zone - More
- December 14, 2009 | Item | E-mail

Bolero acquires property adjoining Imperial Metals Corp. in Red Chris, BC - More
- December 14, 2009 | Item | E-mail

SEMAFO Added to S&P/TSX Composite Index - More
- December 14, 2009 | Item | E-mail

Fancamp Acquires Option on Clinton VMS Prospects - More
- December 14, 2009 | Item | E-mail

Blue Note Mining and X-Ore Resources Advise Mailing of Circular to X-Ore Resources Shareholders - More
- December 14, 2009 | Item | E-mail

Brett Receives Necessary Permits and Licences for the Reconstruction of the Sawbill North Road - More
- December 14, 2009 | Item | E-mail

Killdeer Minerals Announces Closing of Financing With MineralFields Group - More
- December 14, 2009 | Item | E-mail

GoldTrain to Trade on Canadian National Stock Exchange and Announces Proposed Winter Exploration Programs - More
- December 14, 2009 | Item | E-mail

Petaquilla Minerals Ltd. Closes Private Placement Financing - More
- December 14, 2009 | Item | E-mail

Ucore Uranium Inc.: Deep Drilling at Dotson Trend Shows Heavy Rare Earth Mineralization Persists to Depth - More
- December 14, 2009 | Item | E-mail

Conway Resources Completes $240,000 Private Placement - More
- December 14, 2009 | Item | E-mail

IFC intends to become a major shareholder of Helio - More
- December 14, 2009 | Item | E-mail

Tiex Commences Drilling Gold Creek Gold Property - More
- December 14, 2009 | Item | E-mail

Red Dragon Starts Drill Program on the Maués Project, Northern Brazil - More
- December 14, 2009 | Item | E-mail

International Enexco Completes 2009 Drill Programs at Loomis Mountain and Hot Pot Properties, Nevada - More
- December 14, 2009 | Item | E-mail

Dorato Further Defines Lucero Discovery: Condor Gold-Copper Belt, NW Peru - More
- December 14, 2009 | Item | E-mail

Zinccorp Resources Samples 1300 G/T Silver, 30.3% Lead, 27.2% Zinc, and 1090 G/T Gallium at Michelle Project - More
- December 14, 2009 | Item | E-mail

La Quinta Announces the Appointment of David Carbonaro as Corporate Secretary - More
- December 14, 2009 | Item | E-mail

Marifil Files NI 43-101 Report on Lithium in Catamarca Province - More
- December 14, 2009 | Item | E-mail

Inter-Citic Releases Drill Holes and Trench Results From Dachang Gold Project - More
- December 14, 2009 | Item | E-mail

Ironwood Gold Corp. Acquires Assignment of Rights for Prospective Gold Property in Northern Nevada - More
- December 14, 2009 | Item | E-mail

East Asia Minerals Drills 1.95 g/t Gold Over 58 Metres Within 101 Metres Grading 1.38 g/t Gold in Significant Step Out at Miwah - More
- December 14, 2009 | Item | E-mail

Q-Gold share consolidation and new trading symbol - More
- December 14, 2009 | Item | E-mail

Platinex and Ontario Settle Dispute Over Big Trout Lake - More
- December 14, 2009 | Item | E-mail

Sulliden Begins New Drilling Program at Shahuindo Gold Project - More
- December 14, 2009 | Item | E-mail

Freewest Comments on Results of Noront Offer - More
- December 14, 2009 | Item | E-mail

MPH Ventures Intersects more Gold Mineralization on Raney Project, Timmins, NE Ontario - More
- December 14, 2009 | Item | E-mail

Clifton Star Reschedules Its Annual and Special Shareholders Meeting - More
- December 14, 2009 | Item | E-mail

Gold Resource Corporation Approved for Arista Underground Mine; Development Underway - More
- December 14, 2009 | Item | E-mail

EastBridge Investment Group Signs Joint Venture and Listing Agreement With a Congo Gold Mine Company - More
- December 14, 2009 | Item | E-mail

Explorator Resources Intercepts a New Gold Rich Horizon at the Base of the Rachel Zone at El Espino - More
- December 14, 2009 | Item | E-mail

Uranium Star Receives Conditional TSX Venture Listing Approval - More
- December 14, 2009 | Item | E-mail

Osisko Releases New Resource Estimate for Canadian Malartic Project - More
- December 14, 2009 | Item | E-mail

Eurasian Minerals Inc.: Gold Zones Expanded at the Gezart License, Kyrgyz Republic - More
- December 14, 2009 | Item | E-mail

Victory Nickel Announces Positive Feasibility Study for the Minago Open Pit - More
- December 14, 2009 | Item | E-mail

AuEx Signs Wood Hills South Project Earn in Agreement - More
- December 14, 2009 | Item | E-mail

Shoshone Silver/Gold Leases Claims From Merger Mines Corporation - More
- December 14, 2009 | Item | E-mail

Black Hawk Exploration's Wholly Owned Subsidiary Golden Black Hawk to Acquire 75% Interest in Dun Glen Mine, Pershing County, Nevada - More
- December 14, 2009 | Item | E-mail

Noront Resources concludes Freewest offer - More
- December 14, 2009 | Item | E-mail

United Mines, Inc. Passes ADEQ Compliance Inspection of La Colorada Minerals Heap Leach Facility for Aquifer Protection Permit - More
- December 14, 2009 | Item | E-mail

Bannerman Proceeds With Etango Project Definitive Feasibility Study - More
- December 14, 2009 | Item | E-mail

Test Mining Begins at Sacre-Coeur's Million Mountain Alluvial Zone 2 in Guyana - More
- December 14, 2009 | Item | E-mail

Anatolia mines first ore at Copler Gold Mine - "Anatolia Minerals Development Limited ("Anatolia" or the "Company") (TSX:ANO - News) announces the start of mining operations at the Copler Gold Mine ("Copler") in Turkey. Initial mining is in the Manganese Mine Zone. Near surface low grade ore mined during the pre-stripping phase will be used for heap leach pad overliner. Other ores will be stockpiled until the heap leach pad and primary crusher are commissioned. Critical path items remain on schedule for first gold pour during the fourth quarter 2010." More
- December 14, 2009 | Item | E-mail

Franco-Nevada Corporation Announces Commencement of Offer to Acquire Any and All of the Common Shares of International Royalty Corporation - "Franco-Nevada Corporation (TSX: FNV - News) today announced that its wholly-owned subsidiary, 7293275 Canada Inc., has commenced the previously announced offer to acquire any and all of the outstanding common shares of International Royalty Corporation (TSX: IRC - News) at a price of C$6.75 per share. A copy of the offer and related circular has been delivered to IRC and filed with the securities regulatory authorities in Canada and with the United States Securities and Exchange Commission and will be publicly available through the internet under IRC's profile at www.sedar.com." More
- December 14, 2009 | Item | E-mail

Fortuna receives final permit for the construction and operation of the San Jose Project, Mexico - "Fortuna Silver Mines Inc. (TSX.V: FVI / Lima Exchange: FVI) is pleased to announce that the "Secretaria de Medio Ambiente y Recursos Naturales" (Mexican Environmental Agency) has approved the Company's application for a change of land use from agricultural to industrial for the San Jose silver-gold project, located in the southern State of Oaxaca, Mexico." More
- December 14, 2009 | Item | E-mail

Keegan Expands the Esaase Gold Concession With Additional Property Acquisition - "Keegan Resources Inc. (the "Keegan" or the "Corporation") (TSX:KGN - News)(AMEX:KGN - News) is pleased to announce that its fully owned subsidiary, Keegan Resources (Ghana) Ltd, has acquired the 10 sq. km Mpatuom Concession, which lies along the north west boundary of its Esaase Concession." More
- December 14, 2009 | Item | E-mail

Newmont, Sumitomo complete sale of 7 pct in Indonesian venture - "U.S. gold producer Newmont Mining Corp (NEM.N) said on Monday that it and a unit of Japan's Sumitomo Corp (8053.T) have completed the sale of a 7 percent stake in an Indonesian joint venture to a consortium for $247 million." More
- December 14, 2009 | Item | E-mail

Kirkland Lake Gold Inc.: Operations Update & Financial Results Q2 Fiscal 2010 - "Kirkland Lake's quarterly results have been affected by the borehole blockage impact on gold production, however I am pleased to confirm that the mine was able to resume filling activities to a normal rate and will return to usual 600 to 700 tons per day production at the end of the current quarter. The Company is completing various rehabilitation and development projects and will return to its longer term plans of producing 1400 to 1500 tons of ore per day by early 2012. "I am also pleased with the successful placing of $37 million as this demonstrates the confidence investors have in the Company and look forward to updating the market our progress going forward." More
- December 14, 2009 | Item | E-mail

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