U.S. MARKETS -October 4-8

The Dow Jones industrial average climbed 1.63% or 176.8 points to close the Oct. 4-8 trading week at 11,006.48, while the S&P 500 index finished up 1.65% or 18.91 points at 1,165.15. Gold prices continued to surge, adding US$28.40 per oz. or 2.15% to close in New York on Oct. 8 at US$1,347 per oz. The Philadelphia Gold and Silver index rose 4.56 points to 204.82.

Eleven companies reached new 52-week share price highs on the New York Stock Exchange: Agnico-Eagle Mines, Agrium, Alumina Inc., ASA (Bermuda), Barrick Gold, Buenaventura, Cabot Corp., Freeport-McMoRan Copper & Gold, Gold Fields, Mesabi Trust, Rio Tinto, and Silver Wheaton.

Freeport topped the list of value gains with an advance of US$6.37 to US$95.51 per share. On Sept. 29, the company declared a cash dividend of US30¢ per share payable on Nov. 1 to share holders of record as of Oct. 15.

In the potash space, Agrium posted the second-largest share price gain, jumping US$6.07 to US$81.08. On Oct. 3, Agrium announced it had received approval from Australia’s Foreign Investment Review Board for its proposed acquisition of AWB Ltd. AWB was formed in 1939 as the Australian Wheat Board and has been Australia’s statutory grain marketing authority for more than 60 years. The acquisition still requires regulatory, shareholder and court approvals.

Mosaic claimed the third-largest value gain, climbing US$5.99 per share to US$65.61. On Oct. 8 Mosaic’s board of directors declared a quarterly dividend of US5¢ per share on the company’s stock. The dividend will be paid on Nov. 18 to stockholders of record on Nov. 4.

Compass Minerals, which produces minerals including salt, sulphate of potash specialty fertilizer and magnesium chloride, added US$3.61 to US$79.74 per share. The company announced on Oct. 4 that it had amended and extended its senior secured credit facility by extending the maturity on a portion of its existing term loans and replacing its revolving line of credit. Compass extended the maturity on about $234 million of its term loan to 2016 at a rate of 2.75% over London interbank offered rate.

U.S. most active issues
VOLUME WEEK
(000s) HIGH LOW CLOSE CHANGE
Alcoa* AA 200477 13.13 11.81 12.89 + 0.66
Freeport McMo* FCX 65425 95.91 86.67 95.51 + 6.37
Barrick Gold* ABX 50315 48.99 45.75 48.57 + 1.56
Silverado* SLGLF 46737 0.01 0.01 0.01 0.00
Hecla Mining* HL 45404 6.77 6.20 6.69 + 0.31
Kinross Gold* KGC 36933 19.71 18.51 19.00 + 0.10
Mosaic* MOS 36213 67.82 58.55 65.61 + 5.99
Newmont Mng* NEM 35968 65.17 62.00 62.89 -0.79
Goldcorp* GG 35680 45.50 42.61 44.05 + 0.33
Silver Wheatn* SLW 35174 27.31 25.61 26.63 -0.04
U.S. greatest percentage change
VOLUME WEEK
(000s) HIGH LOW CLOSE CHANGE
Amazon Goldsd* AZNG 64 0.30 0.10 0.30 + 100.0
Canarc Res* CRCUF 84 0.13 0.10 0.10 + 66.6
Commerce Grp* CGCO 17 0.04 0.02 0.04 + 33.3
Alexco Res* AXU 4042 6.25 4.45 5.95 + 29.6
Tri-Valley* TIV 914 0.99 0.75 0.94 + 28.7
Caledonia Mng* CALVF 2363 0.09 0.06 0.09 + 28.5
Minera Andes* MNEAF 5106 2.09 1.49 2.00 + 25.7
Fischer-W Gld* FWGO 47 0.05 0.04 0.05 + 25.0
Linux Gold* LNXGF 438 0.06 0.05 0.05 + 25.0
Petaquilla Mn* PTQMF 2703 0.62 0.42 0.57 + 23.9
Yellowcake Mg* YCKM 343 0.06 0.04 0.04 -50.0
Grandview Gld* GVGDF 107 0.08 0.07 0.07 -22.2
Lake Vict Mng* LVCA 1044 0.35 0.28 0.30 -16.6
Constittn Mng* CMIN 4822 0.35 0.25 0.26 -16.1
Rare Elemt Re* REE 7816 8.84 7.02 7.35 -16.0
US Antimony* UAMY 101 0.58 0.47 0.49 -15.5
New Jersey Mg* NJMC 370 0.22 0.18 0.20 -13.0
Cornerstone C* CTNXF 64 0.15 0.13 0.14 -12.5
Quaterra Res* QMM 234 1.61 1.36 1.42 -11.8
Almaden Mnls* AAU 2177 3.27 2.77 2.90 -11.5

62.89

U.S. greatest value change
WEEK
VOLUME CLOSE CHANGE
Freeport McMo* FCX 65424642 95.51 + 6.37
Agrium* AGU 2409672 81.08 + 6.07
Mosaic* MOS 36213385 65.61 + 5.99
BHP Billi-BHP* BHP 18120752 81.56 + 3.87
BHP Billi-BBL* BBL 7201849 68.95 + 3.65
Compass Mnls* CMP 467308 79.74 + 3.61
Alliance Rs P* ARLP 387227 61.98 + 3.38
Mesabi Trust* MSB 1785976 41.39 + 3.35
Massey Energy* MEE 21362182 34.99 + 3.28
Potash C Sask* POT 28691734 145.80 + 3.16
Rare Elemt Re* REE 7815956 7.35 -1.40
SinoCoking Cl* SCOK 1345630 8.34 -0.95
Newmont Mng* NEM 35968047 -0.79
Allied Nevada* ANV 649232 26.56 -0.77
Royal Gold* RGLD 2676567 49.84 -0.54
Arch Coal* ACI 14972280 26.59 -0.42
Minefinders* MFN 3418757 9.37 -0.42
Stillwater Mg* SWC 11355573 16.59 -0.39
Almaden Mnls* AAU 2176572 2.90 -0.38
Exeter Res* XRA 382687 6.11 -0.35
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