Gold Seeker Closing Report: Gold and Silver Gain Almost 1% and 2%

	Close	Gain/Loss
Gold	$1247.60	+$10.60
Silver	$19.37	+$0.33
XAU	185.15	+1.25%
HUI	487.82	+1.13%
GDM	1477.49	+0.96%
JSE Gold	2500.89	+34.12
USD	83.12	-0.05
Euro	126.76	+0.12
Yen	118.99	+0.81
Oil	$71.92	-$2.78
10-Year	2.477%	-0.068
T-Bond	136.4375	+0.96875
Dow	10014.72	+0.05%
Nasdaq	2114.03	-0.28%
S&P	1049.33	+0.04%

Gold traded mostly slightly lower in Asia and London before it jumped higher in early New York trade and saw an over $10 gain at $1247.35 ahead of a slight dip midmorning, but it then advanced to new highs in the last few hours of trade and ended near its last minute high of $1249.75 with a gain of 0.86%.

Silver fell almost 1.5% to $18.76 in London before it jumped to as high as $19.288 in early New York trade and then pared its gains a bit, but it ultimately rose to new highs in late trade and ended near its last minute high of $19.405 with a gain of 1.73%.

Euro gold rose to about €983, platinum lost $8.75 to $1516.50, and copper fell 5 cents to about $3.36.

Gold and silver equities rose over 2% at the open and remained near their highs through midday before they fell back off a bit in the last couple of hours of trade, but they still ended with about 1% gains.

Report	For	Reading	Expected	Previous
Case-Shiller 20-city Index	June	4.23%	3.1%	4.64%
Chicago PMI	Aug	56.7	57.0	62.3
Consumer Confidence	Aug	53.5	50.0	51.0

Minutes from the fed’s last meeting on August 10^th showed that FOMC members “were concerned last month that a decision to stop their securities holdings from shrinking would send the wrong signal that the central bank was ready to resume large-scale asset purchases.”

Tomorrow at 8:15AM EST brings APD Employment for August expected at 13,000 and at 10AM is Construction Spending for July expected at -0.7% and the ISM Index for August expected at 52.9.

The U.S. dollar index fell in early trade as the yen rose on the view that the Bank of Japan’s recent moves will not be enough to halt the yen’s recent advance towards new 15-year highs, but the dollar then pared its loss in late trade and only ended slightly lower after the release of the fed’s most recent meeting minutes.

Treasuries rose as oil fell and the Dow, Nasdaq, and S&P erased early gains and ended mixed after FOMC Minutes showed that fed members expressed restraint over their last meeting’s decision to keep its balance sheet at elevated levels while they also maintained concerns over a weak economy.

Among the big names making news in the market today were 3M, Lions Gate, Mark Hurd, and Monsanto.

Note: Change in Total Tonnes from yesterday’s data: The LSE added 1.12 tonnes and the LSE ETFS added 0.62 tonnes.

COMEX Gold Trust (IAU) Total Tonnes in Trust: 95.01: +0.51 change from yesterday’s data.

Silver Trust (SLV) Total Tonnes in Trust: 9196.69 - No change from yesterday’s data.

Brigus Gold’s (BRD) exploration drilling, Gammon Gold’s (GRS) option agreements on the Los Jarros concessions, Richmont’s (RIC) drill results, Gold Resource Corporation’s (GORO) dividend, and ECU Silver’s (ECU.TO) new vein discovery 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.

Geodex Minerals Ltd.: Hunter Dickinson Group Options Sisson Brook Tungsten-Molybedenum Project, New Brunswick, for $17 Million in Expenditures - More
- August 31, 2010 | Item | ShareThis

Cardero Intersects Massive Iron-Titanium and Copper Mineralization at TiTac and Longnose Projects in Minnesota - More
- August 31, 2010 | Item | ShareThis

Arctic Enters Into an Option Agreement With Big Red Diamond Corp. on a Rare Earth Element Property Near Sept-Iles, Que. - More
- August 31, 2010 | Item | ShareThis

Frontline-Stewart Exploration Update; Stock Options Withdrawn - More
- August 31, 2010 | Item | ShareThis

Dia Bras Begins Drilling the La Cascada Gold Target at Bolivar Project - More
- August 31, 2010 | Item | ShareThis

Mountain Boy Minerals Ltd.: Bonanza Gold-Silver Mineralization With 105 g/t Gold and 1748 g/t Silver Identified at FR Property - More
- August 31, 2010 | Item | ShareThis

TNR Gold Corp.: 33% Increase in Project Area to 160 Square Kilometres, Mariana Lithium Brine Project, Argentina - More
- August 31, 2010 | Item | ShareThis

Brigus Gold Significantly Increases Exploration Drilling at Black Fox Complex - "Brigus Gold Corp. (“Brigus Gold” or the “Company”) (TSX: BRD)(NYSE Amex: BRD) has expanded its planned exploration drill program at the Black Fox Complex in the Timmins Gold District, Ontario to include a minimum of 15,000 metres (“m”) of surface drilling. The Black Fox Complex comprises the Black Fox Mine and Mill, and the Grey Fox-Pike River property, adjoining the mine and along strike of the Black Fox gold deposit." More
- August 31, 2010 | Item | ShareThis

GWR Resources Announces In-House Investor Relations - More
- August 31, 2010 | Item | ShareThis

Merc International Minerals-Management Changes - More
- August 31, 2010 | Item | ShareThis

SLAM ISSUES TENDER TO DRILL BONANZA GOLD DEPOSIT - More
- August 31, 2010 | Item | ShareThis

First Gold Continues to Expand the Mineralized Zones - More
- August 31, 2010 | Item | ShareThis

SNS Provides Exploration Update on its Ontario and Idaho Properties - More
- August 31, 2010 | Item | ShareThis

Gold Bullion Expands Long Bars Zone Eastern Extension - More
- August 31, 2010 | Item | ShareThis

UC Resources Ltd. Begins Drilling at Xora Claim, Mexico - More
- August 31, 2010 | Item | ShareThis

GWR Resources Provides Corporate Updates - More
- August 31, 2010 | Item | ShareThis

Houston Lake Reports First Quarter Results - More
- August 31, 2010 | Item | ShareThis

Avanti reports results to June 30, 2010 and provides update on Kitsault - More
- August 31, 2010 | Item | ShareThis

Golden Goose and Kodiak Exploration Sign Binding Merger Agreement - More
- August 31, 2010 | Item | ShareThis

Kodiak and Golden Goose Combine to Form Well-Financed Gold Company with Near Term Production Potential - More
- August 31, 2010 | Item | ShareThis

Laurion Announces Drill Results on the Marge Vein, Sturgeon River, Beardmore, ON - More
- August 31, 2010 | Item | ShareThis

7100 metre drill program at Sirba Gold Project, Niger - More
- August 31, 2010 | Item | ShareThis

First Metals Inc. Receives Indenture Default and Interest Forbearance from Majority of Bond Holders - More
- August 31, 2010 | Item | ShareThis

Sulliden Ramps Up Exploration Activities on Shahuindo - More
- August 31, 2010 | Item | ShareThis

Rio Cristal Resources Completes US$3,284,098 Financing - More
- August 31, 2010 | Item | ShareThis

Sutter Gold Mining Secures US $3.65 Million Loan Financing - More
- August 31, 2010 | Item | ShareThis

Glen Eagle Resources Inc.: Drilling - More
- August 31, 2010 | Item | ShareThis

First Uranium Temporarily Closes Ezulwini Uranium Plant for Column Replacement - More
- August 31, 2010 | Item | ShareThis

Goldstone Resources Key Lake Results - More
- August 31, 2010 | Item | ShareThis

EMC Appoints Jordan Capital Markets Inc. as Advisor and Sales Agent for Sale of Springer Tungsten Mine Asset in Nevada - More
- August 31, 2010 | Item | ShareThis

Dauntless Capital Corp. Announces Closing of Qualifying Transaction - More
- August 31, 2010 | Item | ShareThis

Consolidated Goldfields to Commence Drilling at the Cahuilla Project - More
- August 31, 2010 | Item | ShareThis

Lundin Reports 2010 Reserve & Resource Estimate - More
- August 31, 2010 | Item | ShareThis

i-minerals Completes Infill Drilling of Halloysite-Kaolinite Bearing Primary Clay at WBL; Second Zone of Primary Clay Confirmed on Adjacent Ridge - More
- August 31, 2010 | Item | ShareThis

Tarsis Drills 0.71% Copper and 0.41 g/t Gold over 7.80 meters at MOR, Yukon - More
- August 31, 2010 | Item | ShareThis

Globex Acquires a Manganese-Iron Asset in New Brunswick - More
- August 31, 2010 | Item | ShareThis

Lake Victoria Begins Drilling at Singida-Londoni Gold Project, Central Tanzania - More
- August 31, 2010 | Item | ShareThis

NSGOLD CORPORATION EXPANDS LAND HOLDINGS AT MOOSELAND GOLD PROJECT - More
- August 31, 2010 | Item | ShareThis

Mustang Geothermal Corp. Completes Purchase of Geothermal Leases - More
- August 31, 2010 | Item | ShareThis

Continental Gold Drills 14.3 Metres at 446g/t Gold and 166g/t Silver in the Veta Sur System, Buritica Gold Project, Colombia - More
- August 31, 2010 | Item | ShareThis

Skyline Announces Appointment of Director Mr. Patrick Soares - More
- August 31, 2010 | Item | ShareThis

African Gold Group, Inc. Step-Out Hole RPA10-003 Intercepts 44 Meters of 2.11 g/t Au & 17 Meters of 1.65 g/t Au-New Gold Zone Opens Up Kobada South - More
- August 31, 2010 | Item | ShareThis

Stronghold Announces Dr. Michael J. Byron Joins Senior Management Team as Vice President of Exploration - More
- August 31, 2010 | Item | ShareThis

Midland Exploration and North American Palladium Commence First Drilling Program on Laflamme - More
- August 31, 2010 | Item | ShareThis

United Mining Group Receives Conditional Approval for TSX Listing - More
- August 31, 2010 | Item | ShareThis

Golden Harp Signs Definitive Agreement to Option a 60% Interest in the Main Block Gold Property in the Shining Tree Mining Camp - More
- August 31, 2010 | Item | ShareThis

Castle Resources to Acquire 100% Interest in the Granduc Copper Mine, Stewart, B.C. - More
- August 31, 2010 | Item | ShareThis

Mexus Gold Contracts Tug, Barge, and Operator to Advance Cable Project - More
- August 31, 2010 | Item | ShareThis

TASMAN SIGNS RESOURCE ESTIMATION CONTRACT FOR THE NORRA KARR RARE EARTH ELEMENT PROJECT, SWEDEN - More
- August 31, 2010 | Item | ShareThis

Erin Granted License for Serbian Boron Property - More
- August 31, 2010 | Item | ShareThis

Airborne Results Reveal Major Gold Zone Signature and New Drill Targets on Sian/Praso, Ghana - More
- August 31, 2010 | Item | ShareThis

Rare Earth Metals Reports More Encouraging Assay Results from Its Letitia Lake/Red Wine Property in Labrador and the Optioning of Additional Claims in the Area - More
- August 31, 2010 | Item | ShareThis

ICN Acquires Nevada Property, Located South of the Sleeper Mine - More
- August 31, 2010 | Item | ShareThis

Sparton Reports Second Quarter Financial Results - More
- August 31, 2010 | Item | ShareThis

Ruby Creek Resources Will Present at the Rodman & Renshaw Annual Global Investment Conference on September 15, 2010 - More
- August 31, 2010 | Item | ShareThis

Mercator Secures Power to Complete Phase II Expansion at Mineral Park - More
- August 31, 2010 | Item | ShareThis

Energizer Resources Releases Assay Results, Drills 1.17% V2O5 Over 84 Metres on Green Giant Vanadium Project, Madagascar - More
- August 31, 2010 | Item | ShareThis

Valdez Gold Finalizes Agreement to Sell its Los Jarros and Jarros Norte Properties in Chihuahua, Mexico to Gammon Gold - More
- August 31, 2010 | Item | ShareThis

New Pacific Metals Corp.: YS Mining Application Dismissed by B.C. Securities Commission - More
- August 31, 2010 | Item | ShareThis

Advanced Explorations Inc. to Conclude Deal With China's XinXing Pipes Group - More
- August 31, 2010 | Item | ShareThis

Rainy River Infill Drilling Returns 407.9 g/t Gold (11.9 oz/ton) Over 4.5 Metres in ODM Zone - More
- August 31, 2010 | Item | ShareThis

Colt Resources Inc. Joins OTCQX - More
- August 31, 2010 | Item | ShareThis

Lydian Intersects 95m at 1.7g/t Gold at Erato, 900m North of the Resource Envelope & 92m at 1.2g/t in Resource Upgrade Drilling at Amulsar; Armenia - More
- August 31, 2010 | Item | ShareThis

Mineral Mountain Resources Signs Definitive Agreement to Option a 60% Interest in the Main Block Gold Property in the Shining Tree Mining Camp - More
- August 31, 2010 | Item | ShareThis

Timmins Gold Corp.: Operating and Financial Results for the Three Months Ended June 30, 2010 - More
- August 31, 2010 | Item | ShareThis

Orosur Mining Inc Announces appointment of Chief Operating Officer - More
- August 31, 2010 | Item | ShareThis

Gammon Gold Signs Definitive Agreement on the Los Jarros Properties, Chihuahua Mexico - "I am very pleased that we have completed the definitive option agreements on the Los Jarros concessions with Valdez Gold Inc. ("Valdez"). The addition of this project to Gammon's existing land package gives the Company a commanding position in the greater Ocampo / Pinos Altos / Concheno district. These holdings allow Gammon to extend exploration from the Ocampo and Venus projects to prospective ground between these two properties and our existing land package, as well as new ground in this large district." stated Peter Drobeck, Senior Vice President of Exploration & Business Development. He continued "Valdez completed substantial exploration on these properties in the 1990's, resulting in the definition of a disseminated epithermal gold occurrence in the southern part of the property. This target area, the actual 'Los Jarros' occurrence, consists of a central rhyolite dome with surrounding silicified breccias." More
- August 31, 2010 | Item | ShareThis

Richmont Mines Obtains Favourable Preliminary Drilling Results on its Wasamac Property; Drilling Program Expanded to 15,000 Metres - "Richmont resumed drilling on this property in May 2010, with the goal of reassessing existing resources with a lower cut-off grade approach and verifying mineralisation continuity. Drilling to date has identified several promising intercepts (detailed in the table below) that corroborate this plan, namely 3.59 g/t Au over 12.5 metres in hole WS-10-27, 6.46 g/t Au over 9.33 metres in hole WS-10-30, 4.62 g/t Au over 10.56 metres in hole WS-10-33, and 3.44 g/t Au over 8.38 metres in hole WS-10-34." More
- August 31, 2010 | Item | ShareThis

ECU Silver Discovers New Vein on the Chicago Property - "ECU Silver Mining Inc. (TSX:ECU - News) is pleased to report on the first of two newly discovered veins on the Chicago Property. As reported in the press release dated August 25, 2010, ECU identified two new veins plus a high grade extension of the known Gambusinos Vein, all within the Chicago Property. Recently, a drift was opened along the first of the newly discovered veins, named the Escondida Vein, over a total length of 195 metres (640 feet). The Company has received assays for the first 165 metres (540 feet) which graded an average of 7.21 grams per tonne (g/t) gold (Au), 346 g/t silver (Ag), 6.55% lead and 7.45% zinc over an average width of 0.33 metres (1 foot). Assays were based on 50 cuts separated by approximately 3 metres (10 feet) each, with the best cut grading 39.73 g/t Au, 618 g/t Ag, 7.25% lead and 6.39% zinc over an average width of 0.30 metres (1 foot)." More
- August 31, 2010 | Item | ShareThis

Gold Resource Corporation Declares Second Special Cash Dividend - "Gold Resource Corporation (GRC) (AMEX:GORO - News) is pleased to announce it has declared its second 2010 Special Cash Dividend of $0.03 per common share to its shareholders of record September 17th, payable September 29th, 2010. Gold Resource Corporation is a low-cost gold producer with operations in southern Mexico." More
- August 31, 2010 | Item | ShareThis

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