Gold Seeker Closing Report: Gold and Silver Gain Roughly 2% More

	Close	Gain/Loss
Gold	$1136.30	+$18.10
Silver	$18.16	+$0.43
XAU	180.77	+2.70%
HUI	460.57	+2.48%
GDM	1363.56	+2.41%
JSE Gold	2504.10	+61.58
USD	77.46	-0.16
Euro	144.13	+0.48
Yen	108.27	-0.71
Oil	$83.18	+$1.41
10-Year	3.808%	+0.053
T-Bond	115.3125	-0.71875
Dow	10573.68	+0.01%
Nasdaq	2301.09	-0.33%
S&P	1137.14	+0.05%

Gold saw modest gains in Asia and London before it climbed even higher throughout most of the morning in New York and ended near its noontime high of $1137.70 with a gain of 1.62%. Silver followed a similar pattern and ended near its high of $18.198 with a gain of 2.43%.

Euro gold rose to about €790, platinum gained $20 to $1548, and copper gained roughly 8 cents to about $3.48.

Gold and silver equities rose over 3% by late morning and remained near their highs for most of the rest of trade.

Report	For	Reading	Expected	Previous
ADP Employment	Dec	-84K	-75K	-145K
ISM Services	Dec	50.1	50.5	48.7

FOMC minutes from the fed’s December 16^th meeting “noted the risk that improvements in the housing sector might be undercut next year as the Federal Reserve's purchases of (mortgage-backed securities) wind down, the homebuyer tax credits expire, and foreclosures and distress sales continue.”

Oil rose for the tenth straight session and topped $83 as continued cold weather raised hopes for rising energy demand. The Energy Information Administration reported that crude inventories rose 1.3 million barrels, gasoline inventories rose 3.7 million barrels, and distillates fell 300,000 barrels.

The U.S. dollar index and treasuries fell while the Dow, Nasdaq, and S&P remained near unchanged on lackluster economic reports.

Among the big names making news in the market today were Pimco, Monsanto, Walgreen, Cadbury, Coda Automotive, and Family Dollar.

COMEX Gold Trust (IAU) Total Tonnes in Trust: 79.30: -0.03 change from yesterday’s data.

Silver Trust (SLV) Total Tonnes in Trust: 9,488.81: -4.16 change from yesterday’s data.

Fronteer’s (FRG) completed gold project sales and drill results, Kinross Gold’s (KGC) appointed senior vice president, Ivanhoe’s (IVN) appointed advisor, Yale’s (YLL.V) acquired property, and Fortuna’s (FVI.V) credit facility 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.

Bravo Drills 12.1g/t Au Over 24.4 Metres, Expanding Homestake Silver Deposit - More
- January 06, 2010 | Item | E-mail

Goldrea Resources Corp.: High Grade Development Continues in Golden Rose Mine and Reverse Circulation Drilling Completed in North America - More
- January 06, 2010 | Item | E-mail

Centurion Increases Non-Brokered Private Placement - More
- January 06, 2010 | Item | E-mail

Chariot Resources Announces Results of 136 Additional Holes Including Copper Intercepts Outside the Open Pit - More
- January 06, 2010 | Item | E-mail

Goldcliff Drills 44.80 Metres of 1.55 g/t Gold at Panorama Ridge - More
- January 06, 2010 | Item | E-mail

Champion Minerals Announces $1,080,000 Flow-Through Financing - More
- January 06, 2010 | Item | E-mail

Wallbridge Mining Announces Closings of Private Placements - More
- January 06, 2010 | Item | E-mail

PBX Announces Investor Relations Agreement - More
- January 06, 2010 | Item | E-mail

Otish Energy Announces Closing of Private Placement - More
- January 06, 2010 | Item | E-mail

TNR Gold/International Lithium 2009 Recap and Outlook for 2010 - More
- January 06, 2010 | Item | E-mail

Kootenay Drill Programs Expected to Add Significant Shareholder Value in 2010 - More
- January 06, 2010 | Item | E-mail

Stellar Pacific Ventures Inc. Closes Financings for an Aggregate Amount of $503,000 - More
- January 06, 2010 | Item | E-mail

Lake Victoria Raises $1,620,000 Through Private Placement as of December 31, 2009 - More
- January 06, 2010 | Item | E-mail

Selwyn Resources Ltd.: XY West High-Grade Mineral Potential Continues to Expand - More
- January 06, 2010 | Item | E-mail

Mirasol Reports Discovery of a New High Grade Silver Vein, Santa Cruz, Argentina - More
- January 06, 2010 | Item | E-mail

Alamos Gold Inc. Completes Acquisition of Agi Dagi and Kirazli Gold Projects in Northwestern Turkey and Announces 2010 Budget for Turkish Operations - More
- January 06, 2010 | Item | E-mail

Teryl Resources Rejects Letter of Intent to Acquire Its 20% Interest in the Gil Joint Venture Gold Property From Fairbanks Gold Mining Co., Inc. - More
- January 06, 2010 | Item | E-mail

Apoquindo Minerals Announces Investor Relations Appointment - More
- January 06, 2010 | Item | E-mail

Former De Beers CEO and Former Newmont and Resolute Executive Join Midlands - More
- January 06, 2010 | Item | E-mail

Bonanza Goldfields receives final approval from Bureau of Land Management - More
- January 06, 2010 | Item | E-mail

Rare Earth Metals Inc Announces Completion of an Airborne Geophysical Survey and the Discovery of High Grade Niobium From the Clay-Howells Rare Earth Element - More
- January 06, 2010 | Item | E-mail

Millstream Signs Agreement With Agents of China On Copper Zinc Potter Property - More
- January 06, 2010 | Item | E-mail

GWR Closes $363,256 Flow-Through Financing With MineralFields Group - More
- January 06, 2010 | Item | E-mail

AuEx Ventures Inc: Step-Out Hole at Long Canyon Reports Highest Grade/Thickness Intercept to Date-115 Feet @ 0.27 OPT Gold - More
- January 06, 2010 | Item | E-mail

Silver Quest Resources Ltd.: Drilling Update on Davidson Property-329 Metres of 1.25 g/t Gold Intersected - More
- January 06, 2010 | Item | E-mail

UEX Reports Results of Summer 2009 Exploration on the Hidden Bay Project: SP-203 Intersects 1.527% U(3)O(8) Over 1.5 Metres at Telephone Lake. - More
- January 06, 2010 | Item | E-mail

Canarc Updates NI 43-101 Preliminary Economic Assessment Report, Improves Project Economics for the New Polaris Gold Mine Project, BC - More
- January 06, 2010 | Item | E-mail

Avion Significantly Increases Resources - More
- January 06, 2010 | Item | E-mail

Manicouagan Minerals Announces Encouraging Initial Drill Results from Its Dorothy-Dobie Lake Property - More
- January 06, 2010 | Item | E-mail

Sunridge Gold Increases Size of Asmara Project, Eritrea by 60% - More
- January 06, 2010 | Item | E-mail

Stratabound cuts more mineralization on Captain/CNE claims - More
- January 06, 2010 | Item | E-mail

Aurizon Mines Reports First Resource Estimate at Alexandria's Joannes Township Property, Quebec - More
- January 06, 2010 | Item | E-mail

Houston Lake Appoints Interim President - More
- January 06, 2010 | Item | E-mail

Rolling Rock Resources Corporation Plans Private Placement - More
- January 06, 2010 | Item | E-mail

Bayswater Uranium Corporation - Trading Halt - More
- January 06, 2010 | Item | E-mail

Formation Metals' Uranium Project 2009 Drilling Expands Mineralization of Centennial Deposit - More
- January 06, 2010 | Item | E-mail

Sacre-Coeur Realigns Senior Management Team as It Moves toward Producer Status - More
- January 06, 2010 | Item | E-mail

Li3 Energy, Inc. Engages Rojas & Asociados as Project Manager - More
- January 06, 2010 | Item | E-mail

Yale Aqcuires Property in Heart of Fresnillo Silver District, Zacatecas State, Mexico - "Yale Resources Ltd. (TSX-V - YLL and Frankfurt - YAB) is pleased to announce the acquisition of a 100% interest in the Guadalupe Property, located approximately 4 kilometres north of the city of Fresnillo, Zacatecas State, Mexico. The property is approximately 8 kilometres north of the Fresnillo (Proaño) Mine, the world’s richest underground silver mine operated by Fresnillo plc. The property is also approximately 11 kilometres northeast of the Juanicipio Joint Venture between MAG Silver Corp. and Fresnillo plc." More
- January 06, 2010 | Item | E-mail

Fronteer and Teck Complete the Sale of the Agi Dagi and Kirazli Gold Projects to Alamos - "Fronteer (TSX:FRG - News)(AMEX:FRG - News) announces today that the Company and Teck Resources Limited (TSX:TCK.B - News)(NYSE:TCK - News) completed the sale of 100% of the Agi Dagi and Kirazli gold projects to Alamos Gold Inc. (TSX:AGI - News), pursuant to the terms of a share purchase agreement dated December 7, 2009." More
- January 06, 2010 | Item | E-mail

Kinross Appoints Senior Vice-President, Projects - "As a member of the Kinross Senior Leadership Team, Dr. Thomas is based in Toronto and is responsible for delivering major projects through to successful commissioning. Kinross' current development projects include Fruta del Norte in Ecuador, and Lobo-Marte and Cerro Casale in Chile. In addition to these new developments, organic growth projects currently under consideration include the addition of a third ball mill at the Paracatu expansion plant in Brazil and an expansion of Kinross' existing production facility at Maricunga in Chile." More
- January 06, 2010 | Item | E-mail

Fronteer Development Group Inc.: Exceptional Gold Intercepts Expand Mineralization at Long Canyon Deposit, Nevada - "Fronteer (TSX:FRG - News)(AMEX:FRG - News) announces today that step-out drilling has intersected some of the strongest intervals of high-grade, oxide gold mineralization encountered to-date at its Long Canyon gold deposit in northeast Nevada. The results clearly demonstrate the deposit's potential for resource growth and enhanced project scope." More
- January 06, 2010 | Item | E-mail

Fortuna signs commitment letter for US $20 Million credit facility - "Fortuna Silver Mines Inc. (TSX.V: FVI / Lima Exchange: FVI) is pleased to announce that the Company has signed a commitment letter to enter into a US $20 million senior secured revolving credit facility with The Bank of Nova Scotia. The facility will have a 2.5 year maturity. The proceeds of the facility may be used for general corporate purposes, including the development of the San Jose Project in Mexico." More
- January 06, 2010 | Item | E-mail

Ivanhoe Mines Appoints Citi as Adviser on Strategic Options to Further Enhance Shareholder Value - "Robert Friedland, Executive Chairman of Ivanhoe Mines (TSX:IVN - News)(NYSE:IVN - News)(NASDAQ:IVN - News), announced today that the company has retained leading global investment banking firm Citi and independent mining-sector specialist Hatch Corporate Finance to evaluate and advise the company on a range of strategic options to further enhance shareholder value." More
- January 06, 2010 | Item | E-mail

Freeport Indonesia says no impact from fuel woes - "A shortage of jet fuel curbing flights to an airport near the giant Grasberg copper and gold mine in Indonesia's Papua would not hit operations and production, a spokesman for Freeport Indonesia said on Wednesday." More
- January 06, 2010 | Item | E-mail

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