U.S. Markets December 5-11

Amidst talk of a slowing, but still growing U.S. economy, the markets were fairly stable during the Dec. 5-11 trading session, showing slight drops across the board after larger gains the previous week.

The NASDAQ dropped 5.53 points to 2,442.86 and angered some companies when it announced plans to raise listing fees to US$30,000-US$95,000 from US$24,500-US$75,000. Public relations newswire companies also raised antitrust concerns because the proposal includes increasing PR services for its 3,200 listed companies. The proposal is being reviewed by the Securities and Exchange Commission.

The Dow Jones increased by 44.63 points to 12,328.48 and the Standard & Poor’s 500 Index rose 3.92 points to 1,413.04.

After seeing increases of more than a dollar in the previous week, big gold companies in the U.S. were steady. Shares in Newmont Mining grew 12 to US$47.31; AngloGold Ashanti lost US$1.10, closing at US$46.81; and Gold Fields dropped US$1.26, bringing the stock’s price to US$18.16.

Juniors dropped as well, with Apex Silver down US78 at US$16.57, Metalline Mining off US14 at US$4.21 and Liberty Star Gold giving up US14.9 to close at US61.1 per share.

The big metals companies all saw losses except Phelps Dodge, which climbed US72 to US$122.87. Anglo American inched down US3 closing at US$23.79, Rio Tinto slid US$4.98 to US$214.80 and BHP Billiton closed US$1.62 lower at US$37.14.

Fording Canadian Coal Trust got a US$2.26 boost to US$23.22 per share, while Peabody Energy lost US18, closing at US$46.87 and Massey Energy fell US51 to US$27.14.

Equitable Mining topped the most-active list with 25.7 million shares changing hands, the penny stock dipping by more than half a penny to close at US1.1. Companhia Vale do Rio Doce was second with 22.7 million shares traded, adding a heftier US89 to close at US$29.47. Goldcorp also saw some action with 18.8 shares traded, though it lost US$1.62 to close at US$29.56.

U.S. greatest percentage change

VOLUME(000s) HIGH LOW CLOSE CHANGE
Centrl Minera* CENMF 16 0.10 0.05 0.10 +100.0
Contintl Mnls* KMKCF 1573 1.98 1.39 1.87 +30.2
Brookmount Ex* BMXI 59 0.19 0.11 0.19 +26.6
Great China M* GCHA 588 0.20 0.145 0.19 +18.7
Miranda Gold* MRDDF 357 1.65 1.38 1.60 +18.5
Grand Cen Sil* GSLM 72 1.30 1.12 1.30 +18.1
Capital Gold* CGLD 1758 0.365 0.31 0.36 +15.3
Canyon Res* CAU 877 1.02 0.87 1.01 +13.4
Konigsberg* KGBC 395 0.40 0.33 0.35 +12.9
New Jersey Mg* NJMC 53 0.62 0.55 0.62 +12.7
Equitable Mng* EQBM 25713 0.018 0.008 0.011 -35.2
World Vent* WVNTF 187 0.13 0.11 0.11 -31.2
Magnus Intl R* MGNU 502 0.68 0.45 0.56 -22.2
Trend Mng* TRDM 1270 0.17 0.11 0.125 -21.8
Gemco Mnls* GMML 126 0.173 0.13 0.173 -21.0
Pine Valley M* PVMCF 907 0.053 0.035 0.04 -20.0
Liberty Star* LBTS 1150 0.77 0.61 0.611 -19.6
Campbell Res* CBLRF 2470 0.113 0.083 0.099 -18.8
DRDGOLD* DROOY 16411 1.04 0.84 0.89 -18.3
Corriente Rs* ETQ 398 4.75 3.85 3.89 -16.8

U.S. greatest value change

VOLUME CLOSE CHANGE
Fording C C T* FDG 5435000 23.22 +2.26
Southern Peru* PCU 4627900 57.65 +2.15
OM Group* OMG 3428300 48.55 +1.05
Mosaic* MOS 5740100 22.63 +1.00
NACCO Ind* NC 34900 149.50 +0.90
CVRD* RIO 22737300 29.47 +0.89
Ivanhoe Mines* IVN 5060700 10.44 +0.85
Gammon Lk Res* GRS 626100 16.57 +0.75
Phelps Dodge* PD 12311800 122.87 +0.72
Alcan* AL 4349400 50.39 +0.57
Rio Tinto* RTP 1523800 214.80 -4.98
Potash C Sask* POT 1577500 140.59 -3.31
Agnico-Eagle* AEM 8143600 42.44 -2.55
Goldcorp* GG 18812300 29.56 -1.62
BHP Billi-BBL* BBL 176800 37.14 -1.62
ASA (Bermuda)* ASA 263800 63.16 -1.59
StreetTr Gold* GLD 5380700 62.57 -1.55
BHP Billi-BHP* BHP 9623700 40.40 -1.44
Gold Mnrs ETF* GDX 916600 40.81 -1.28
Gold Fields* GFI 6925200 18.16 -1.26

U.S. most active issues

VOLUME(000s) HIGH LOW CLOSE CHANGE
Equitable Mng* EQBM 25713 0.018 0.008 0.011 -0.006
CVRD* RIO 22737 29.80 28.65 29.47 +0.89
Goldcorp* GG 18812 31.47 28.95 29.56 -1.62
Newmont Mng* NEM 17161 47.80 46.43 47.31 +0.12
DRDGOLD* DROOY 16411 1.04 0.84 0.89 -0.20
Alcoa* AA 15138 31.30 30.55 31.05 -0.13
Freeport McMo* FCX 14639 62.62 60.98 61.35 +0.42
Peabody Enrgy* BTU 13173 48.59 46.09 46.87 -0.18
Silverado* SLGLF 12877 0.074 0.067 0.068 -0.003
Phelps Dodge* PD 12312 124.75 121.20 122.87 +0.72
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