TORONTO STOCK EXCHANGE APR. 29-MAY 5

April finished off as the best month since January 2006 for TSX Composite Index, which rose 1.3% over the April 29-May 5 trading period. The benchmark gained 188.49 points over the period, rising to 14,274.34 points.

The Capped Metals and Mining index increased by 17.33 points to close at 859.85 while the Global Gold Index inched 3.01 points ahead to 308.47.

The busiest stocks over the period included Latin American-focused Yamana Gold in the top spot with nearly 39 million shares traded, though boosting the share price 16 to $13.56.

Eastern Platinumshares were up 7 to $2.85 apiece on 37.7 million shares, followed by Lundin Mining, up 14 to $7.39 per share on 30 million shares. Lundin plans to build another circuit within its existing copper plant at the Neves-Corvo mine in Portugal to recover copper and zinc from tailings sludge, costing the company US$17.6 million, and yielding the company an extra 9,500 tonnes of payable copper, 29,000 tonnes of payble zinc and 370,000 oz. of payable silver over the mine life.

First Quantum Minerals was the top dollar-gainer, up $5.73 per share to $92.18, continuing to rise after bidding $281 million in cash and shares for Scandinavian Minerals, which owns the Kevitsa nickel deposit in northern Finland.

Fording Canadian Coal, the secondbiggest exporter of coking coal, saw its shares gain $3.92 to close the period off at $67.51 on a volume of almost 2.8 million shares.

Agnico-Eagle Mines shares were up $3.06 each to $64.87 on 4.5 million shares. Although the gold price has dipped back into the US$800-per-oz. range, and there was a mid-April investor sell-off of gold shares, upcoming first-quarter earnings are expected to be strong.

Energem Resources was the top gainer on a percentage basis, up 44% to 26 each. The company sold a 20% stake in its now 50% indirectly held Nigerian refined fuel storage and distribution facility for US$32.3 million to Glencore Finance.

Actions by the Venezuelan government sent Crystallex International shares tumbling 57% over the period, or 96 to 73 apiece. The company received notice from the Hugo Chavez administration that it wouldn’t be granted a key permit for the Las Cristinas property.

Gold Reserves shares were down 43% to $2.20 each as the company awaits a letter from Venezuelan government explaining the fate of the company’s proposed Brisas gold mine, beside Las Cristinas. The company has spent US$300 million on the project since 1991 and says it could produce 10 million oz. of gold over the project life, plus copper.

Similar uncertainty in Ecuador caused Dynasty Metals & Mining shares to plunge 30% to $2.76 per share. The company is awaiting further clarification before it decides what to do with 350 employees while the government overhauls its mining law.

TSX greatest percentage change
		VOLUME	WEEK
		(000s)	HIGH	LOW	CLOSE	CHANGE
Energem Res	ENM	607	0.27	0.20	0.26	+ 44.4
Atlanta Gold	ATG	414	1.35	0.96	1.35	+ 37.7
Cardero Res	CDU	622	2.54	1.86	2.54	+ 35.8
Independent Ni	INI	1662	0.49	0.28	0.41	+ 32.2
Zaruma Res	ZMR	4269	0.44	0.32	0.43	+ 26.4
Arehada Mining	AHD	271	0.29	0.25	0.29	+ 26.0
Bannerman Res	BAN	583	1.69	1.40	1.67	+ 24.6
Canadn Gld Hun	CGH	1254	1.75	1.41	1.75	+ 23.2
Gabriel Res	GBU	4343	2.25	1.72	2.12	+ 21.1
Revett Mnls	RVM	176	0.76	0.60	0.72	+ 20.0
Crystallex Int	KRY	18686	1.68	0.65	0.73	-56.8
Gold Reserve	GRZ	3128	3.90	1.94	2.20	-43.1
Dynasty Met&Mn	DMM	709	3.75	2.62	2.76	-30.6
Nevoro	NVR	1928	0.48	0.35	0.35	-30.0
Carlisle Goldf	CGJ	98	0.17	0.12	0.12	-25.0
Colossus Minls	CSI	276	1.79	1.42	1.48	-20.0
Australn Solom	SGA	67	0.50	0.44	0.47	-18.9
Crescent Gold	CRA	59	0.25	0.22	0.22	-18.5
X-Cal Res	XCL	1859	0.11	0.08	0.09	-18.1
Petaquilla Cop	PTC	469	1.38	1.11	1.11	-17.7

TSX most active issues
		VOLUME	WEEK
		(000s)	HIGH	LOW	CLOSE	CHANGE
Yamana Gold	YRI	38983	13.58	12.49	13.56	+ 0.16
Eastern Platin	ELR	37771	3.03	2.60	2.85	+ 0.07
Lundin Mng	LUN	30057	7.45	6.55	7.39	+ 0.14
Kinross Gold	K	25191	20.25	18.30	20.04	+ 0.53
Silver Wheaton	SLW	22911	14.05	12.86	13.83	-0.56
Equinox Minls	EQN	22494	4.85	4.47	4.78	+ 0.11
Uranium One	UUU	22316	5.00	4.50	4.60	-0.34
Barrick Gold	ABX	20313	39.69	37.76	39.41	-0.11
Goldcorp	G	19794	38.00	34.50	37.16	+ 0.69
Crystallex Int	KRY	18686	1.68	0.65	0.73	-0.96

TSX greatest value change
WEEK
		VOLUME	CLOSE	CHANGE
First Quantum	FM	2058400	92.18	+ 5.73
Fording C C T	FDG_U	2773705	67.51	+ 3.92
Agnico-Eagle	AEM	4480009	64.87	+ 3.06
Harry Winston	HW	1721709	30.95	+ 2.67
Newmont Mng	NMC	102475	46.10	+ 1.58
Altius Mnrls	ALS	955588	14.45	+ 1.43
Western Areas	WSA	27565	9.89	+ 1.39
Anvil Mining	AVM	590661	14.35	+ 1.25
Major Drilling	MDI	611472	54.33	+ 1.13
Russell Metals	RUS	1113978	30.43	+ 1.04
Inmet Mining	IMN	2654362	81.31	-10.89
IShCOMEXGTr	IGT	59114	87.39	-1.72
Gold Reserve	GRZ	3127984	2.20	-1.67
Dynasty Met&Mn	DMM	709028	2.76	-1.22
Royal Gold	RGL	11850	28.20	-1.20
Crystallex Int	KRY	18685915	0.73	-0.96
CIC Energy	ELC	640586	14.69	-0.76
Cameco Corp	CCO	6253401	35.93	-0.74
Frontera Coppr	FCC	11461647	4.57	-0.73
Ivanhoe Mines	IVN	4788752	9.70	-0.61