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TSX Venture up, April 26-30
The S&P/TSX Venture Composite Index rose 2.56% to finish the trading week at 955.26. Spot gold declined by US$7.80 per oz., or 0.44%, to US$1,769.10 per ounce.
Los Andes Copper jumped $1.72 to $10.00 per share. The company announced that it had received approval from Chile’s Regional Environmental Committee for drilling to start at its Vizcachitas copper-molybdenum project, about 120 km north of Santiago. According to the Canadian miner, the approval covers up to 350 drill holes to be completed over the next four years. The drilling is required to complete a prefeasibility study at Vizcachitas, which is currently underway. The permit also covers further exploration drilling and any other drilling that the project may require as its development advances. The company is moving forward with plans to build a 110,000-tonne-per-day operation, which it believes will be Chile’s next major copper mine. ....

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