Ventana (VEN) (CSI) (AAL) Trade Mixed as Gold, Silver Rise Again

Shares of most gold miners were up as gold soared again Thursday, although Ventana Gold (TSE:VEN), Colossus Minerals (TSE:CSI) and Anglo American (LSE:AAL) trading mixed.

Gold for June delivery climbed $16.80 to settle at $1,472.40 an ounce on the Comex division of the New York Mercantile Exchange. Silver jumped $1.427, or 3.6 percent, to $41.664 an ounce.

The collapsing U.S. dollar, tightening in China, sovereign debt crisis in Europe, unrest in the Middle East, increasing inflation and consequences of the Japanese earthquake are just some of the negative catalysts affecting the price movements.

The U.S. dollar was close to session lows, resulting in a further impetus to gold. The U.S. currency traded as low as 74.617, its lowest level since December 2009.

In base metals trading, May copper dropped 1.05 cents to settle at $4.284 a pound, July platinum increased $18.40 to $1,795.60 an ounce and June palladium was up $8.95 to $774.25 an ounce.

Ventana Gold closed Thursday level in Toronto at $13.05. Colossus Minerals closed at $8.41, up $0.02, or 0.24 percent. Anglo American closed in London at 3,136.00, falling 10.50, or 0.33 percent.

Agnico-Eagle (NYSE:AEM), Colossus Minerals (TSE:CSI), Tanzanian Royalty Exploration (AMEX:TRE) Mixed as Gold Struggles for Positive Territory

Spot gold prices have moved in and out of positive territory today, generating a mixed bag of results for miners, including Agnico-Eagle (NYSE:AEM), Colossus Minerals (TSE:CSI) and Tanzanian Royalty Exploration (AMEX:TRE).

Of the three, Colossus Minerals is the only one in negative territory, dropping to $6.73, a fall of $0.25, or 3.58 percent, as of 2:00 PM EDT. Volume was heading to its 3-month average of 396,847.

Agnico-Eagle on the other hand, has enjoyed a gain today, rising to $58.76, gaining $0.19, or 0.32 percent at 2:17 PM EDT. Volume was at about half the 3-month average of 2,644,410.

Tanzanian Royalty Exploration is also positive territory at 2:19 PM EDT, increasing to $5.29, a gain of $0.07, or 1.34 percent.

If gold hangs on, it'll be the seventh day in a row it finishes higher.