U.S. MARKETS -July 5-9

Markets in the United States recovered somewhat during the July 5-9 trading period amidst positive news about global economic growth this year and next.

The International Monetary Fund is now forecasting 4.5% growth in 2010 and 4.25% in 2011 but noted that there is also a rising risk environment with sovereign debt issues, which has the potential to change everything. Investors are also anxiously awaiting second quarter earnings reports, which will be released shortly.

The Dow Jones industrial average increased 4.8%, or 465.8 points, to 10,198.03 points while the S&P 500 rose 4.2% to 1,070.50 points and the Nasdaq gained 3.1% to close at 2,176.29 points.

The potential for economic growth was good for the big base metals miners, who dominated as leaders for value change over the period

Freeport-McMoRan Copper & Gold was one of the top gainers by value over the period, rising US$7.59 to US$93 apiece. It also saw 51.4 million shares changing hands.

Aluminum maker Alcoa was the volume leader with a volume of 92.7 million shares with the stock up about 9% to US$10.94 apiece.

BHP Billiton Plc shares climbed US$5.13 to US$67.84 apiece while BHP Billiton Ltd. shares rose US$4.23 to US$56.38. On July 12, BHP announced that its Olympic Dam copper-uranium project in South Australia is on track for a final decision for expansion by 2011 after the Australian Financial Review reported that the project may be delayed. BHP wants to more than triple annual copper production capacity to 73,000 tonnes and more than quadruple uranium production capacity to 19,000 tonnes over 11 years at Olympic Dam.

Agrium, Potash Corp. of Saskatchewan and Mosaic also saw their shares make significant upward gains with Agrium up nearly 18%, or US$8.86, to US$58.17, Potash Corp. up US$7.59 to US$93 apiece and Mosaic rising almost 17%, or US$6.7, to US$46.13 per share. Mosaic completed a US$485-million deal with Vale for a joint venture on a phosphate rock mine in the Bayovar region of Peru.

U.S. most active issues
	VOLUME		WEEK
	(000s)	HIGH	LOW	CLOSE	CHANGE
Alcoa* AA	92684	10.97	10.10	10.94	+ 0.94
Freeport McMo* FCX	51426	66.14	58.38	65.98	+ 7.44
Barrick Gold* ABX	41427	44.29	42.01	43.57	+ 0.33
Newmont Mng* NEM	34273	63.38	57.89	61.93	+ 3.17
Cliffs Nat Rs* CLF	33127	51.30	44.20	51.07	+ 4.18
Silverado* SLGLF	29621	0.00	1.0E8	0.00	0.00
Potash C Sask* POT	27149	93.44	83.94	93.00	+ 7.59
Vale* VALE	27047	26.42	24.30	26.31	+ 1.52
Teck B* TCK	25457	34.62	29.57	34.36	+ 4.81
Mosaic* MOS	24644	46.49	38.79	46.13	+ 6.70

U.S. greatest percentage change
		VOLUME		WEEK
		(000s)	HIGH	LOW	CLOSE	CHANGE
Crosshair E&M*	CXZ	132	0.14	0.10	0.14	+ 40.0
Tara Gold*	TRGD	568	0.52	0.34	0.49	+ 36.1
Linux Gold*	LNXGF	63	0.04	0.03	0.04	+ 33.3
Habanero Res*	HBNRF	51	0.09	0.08	0.09	+ 28.5
Caledonia Mng*	CALVF	320	0.07	0.05	0.06	+ 20.0
Agrium*	AGU	2446	58.46	49.11	58.17	+ 17.9
Intl Coal Gp*	ICO	8208	4.46	3.79	4.40	+ 17.3
SinoCoking Cl*	SCOK	252	14.89	12.00	14.08	+ 17.3
Mosaic*	MOS	24644	46.49	38.79	46.13	+ 16.9
Teck B*	TCK	25457	34.62	29.57	34.36	+ 16.2
Tornado Gold*	TOGI	233	0.02	0.01	0.02	-50.0
Elray Res*	ELRA	76	0.06	0.04	0.04	-33.3
Cream Mnrls*	CRMXF	27	0.07	0.07	0.07	-22.2
Kimber Res*	KBX	795	0.78	0.60	0.64	-15.7
New Gold*	NGD	18941	6.11	4.85	5.21	-14.0
Patriot Gold*	PGOL	11	0.25	0.19	0.19	-13.6
Starfield Res*	SRFDF	1066	0.08	0.06	0.07	-12.5
Argentex Mng*	AGXM	254	0.61	0.53	0.54	-11.4
US Antimony*	UAMY	11	0.40	0.39	0.40	-11.1
Lake Vict Mng*	LVCA	177	0.32	0.21	0.25	-10.7

U.S. greatest value change
WEEK
		VOLUME	CLOSE	CHANGE
Agrium*	AGU	2445600	58.17	+ 8.86
Potash C Sask*	POT	27149160	93.00	+ 7.59
Freeport McMo*	FCX	51425980	65.98	+ 7.44
Mosaic*	MOS	24644289	46.13	+ 6.70
BHP Billi-BHP*	BHP	14353052	67.84	+ 5.13
Teck B*	TCK	25457044	34.36	+ 4.81
Alpha Nat Res*	ANR	13448350	37.75	+ 4.49
Peabody Enrgy*	BTU	19764534	43.29	+ 4.30
BHP Billi-BBL*	BBL	7354068	56.38	+ 4.23
Cliffs Nat Rs*	CLF	33127366	51.07	+ 4.18
New Gold*	NGD	18940903	5.21	-0.85
Silver Std Re*	SSRI	2039055	16.78	-0.17
Kinross Gold*	KGC	21932033	16.16	-0.14
Tanz Roy Exp*	TRE	769238	4.87	-0.13
Augusta Res*	AZC	118200	1.36	-0.13
Kimber Res*	KBX	795031	0.64	-0.12
Solitario Res*	XPL	26367	2.02	-0.10
Goldspring*	GSPG	20115	1.25	-0.10
Constittn Mng*	CMIN	1500994	0.68	-0.07
Argentex Mng*	AGXM	254273	0.54	-0.07