The Ubika Gold 20 Index (UG20) slipped 6.5% for the month, but beat the benchmark TSX Gold Index’s 7.6% decline. Both indexes succumbed to the price of gold, which sank 1.4% over the same time frame. Guyana Goldfields Inc. (TSX: GUY) was the top-performing component company during the past month, climbing 8% after the company said its Aurora Gold Project remains on track for projected initial gold production in mid-2015.
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