Volume 96 Number 13 - May 17 - 23, 2010

Alcoa — Klaus Kleinfeld elected chairman and CEO, succeeding a retiring Alain Belda; Frank Thomas and Henry Schacht retiring as directors; Arthur Collins, Jr. elected a director.

While the European debt crisis and all-time record-high gold prices above US$1,200 per oz. grabbed the biggest headlines, the ordinary talk amongst miners continued to be the shocking new tax regime b…

As Australian Prime Minister Kevin Rudd and his Labor Party argue the merits of their newly proposed Resource Super Profits Tax, the Australian mining industry is gearing up to fight it.

COURTESY OF SCOTIABANK

Shareholders have given the go-ahead for Sierra Minerals and privately- held Goldgroup Resources to combine their assets in Mexico in a merger they hope will create an intermediate gold producer with …

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 11, 2010 (change from May 4 in brackets):

Antimony: Mid-mkt US$9,333.33/t.

Date May 10 May 7 May 6 May 5 May 4 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1980/2020 1941/1975 1925/1950 1951/1980 2050/2075 Alumi…

52-week Date May 10 May 7 May 6 May 5 May 4 High Low S&P/TSX-Ven Comp 1590.76 1549.35 1562.68 1597.14 1622.41 1691.10 1027.29 TSX Composite 11947.90 11692.43 11842.43 11875.13 12030.86…

Featured Fund: AGF Precious Metals (US$) as of 08/31/09 (in weighted order): Goldcorp, Kinross Gold, Iamgold, Central Fund of Canada, Agnico-Eagle Mines, Inmet Mining, Eldorado Gold, Randgold, Osisko …

Short positions outstanding at Apr. 30/10 (with changes from Apr. 15/10).

Short positions outstanding at Apr. 30/10 (with changes from Apr. 15/10).