U.S. MARKETS JULY 24 -30

The week of July 26-30 was a fairly moderate one for U.S. equities. The Dow Jones industrial average lost 0.4% or 41.32 points to close at 10,465.94, while the S&P 500 index lost 0.1% or 1.06 points to finish at 1,101.60. The Nasdaq fell 14.77 points or 0.65% to 2,254.70. The price of gold edged down US$8.30 per oz. to finish at US$1,181.40 per oz., while the Philadelphia Gold and Silver index slipped 3.7 points or 2.13% to 169.72.

The second-highest second-quarter earnings results in the history of Potash Corp. of Saskatchewan drove up the Saskatoonbased company’s share price by US$6.49 to US$104.87 apiece. The potash producer recorded second-quarter earnings of US$1.55 per share, or US$472 million, more than double the US61¢ per share or US$186.2 million it earned in the same period of 2009. The company said its performance was due to “continuing recovery” in fertilizer demand and had been “enhanced” by a US$69.6-million special dividend (about US17¢ per share) from an investment in Israel Chemicals.

Record coal sales and quarterly revenues advanced the share price of Alliance Resource Partners by US$4.86 per share to US$52.23. Second-quarter revenues reached a record US$400.3 million, an increase of 31.7% over the same quarter of 2009. The coal producer also posted records for second-quarter earnings before interest, taxes, depreciation and amortization (or EBITDA), which jumped 67.3% to US$129 million, and net income, which gained 106.1% to US$85.5 million.

Shares of Cabot Corp. gained US$2.50 to close at US$29.50 apiece on the back of strong financial results for the third quarter of fiscal 2010. Net income attributable to the Bostonheadquartered company reached US$47 million or US72¢ per diluted share. The company’s products include tantalum and carbon blacks.

Finally, SinoCoking Coal and Coke Chemical Industries, which listed on the Nasdaq in February and has mining rights to extract 300,000 tonnes of coal a year from mines in China’s Henan province, gained US$1.44 per share to finish at US$15.99. The company uses coal from its own mines and third-party mines to produce basic and value-added coal products for steel makers, power generators and other industrial users.

U.S. most active issues
	VOLUME	WEEK
	(000s) HIGH	LOW	CLOSE	CHANGE
Alcoa* AA	106507 11.42	10.86	11.17	+ 0.12
Freeport McMo* FCX	57818 72.49	68.62	71.54	+ 0.46
Barrick Gold* ABX	51400 42.66	39.67	41.10	-1.27
Newmont Mng* NEM	42688 59.50	54.30	55.90	-3.15
Arch Coal* ACI	31623 23.96	21.48	23.69	+ 1.15
Hecla Mining* HL	29603 4.99	4.63	4.94	-0.01
Vale* VALE	29504 28.31	27.12	27.80	+ 0.08
Cliffs Nat Rs* CLF	28909 57.75	53.92	56.57	+ 0.67
Potash C Sask* POT	27635 105.75	95.38	104.87	+ 6.49
Goldcorp* GG	27112 41.09	38.07	39.14	-1.60

U.S. greatest percentage change
		VOLUME		WEEK
		(000s)	HIGH	LOW	CLOSE	CHANGE
Elray Res*	ELRA	232	0.10	0.05	0.09	+ 80.0
Canarc Res*	CRCUF	22	0.08	0.06	0.08	+ 33.3
Augusta Res*	AZC	771	2.23	1.72	2.19	+ 26.5
Affinity Gold*	AFYG	691	0.06	0.04	0.05	+ 25.0
Denison Mines*	DNN	773	1.62	1.25	1.52	+ 23.5
Shoshone Silv*	SHSH	80	0.11	0.08	0.11	+ 22.2
Dejour Enterp*	DEJ	289	0.41	0.34	0.40	+ 17.6
Crosshair E&M*	CXZ	405	0.16	0.12	0.14	+ 16.6
Anooraq Res*	ANO	878	1.14	1.00	1.14	+ 16.3
Uranium Res*	URRE	5934	0.57	0.44	0.52	+ 15.5
Commerce Grp*	CGCO	44	0.03	0.02	0.02	-50.0
Tombstone Exp*	TMBXF	393	0.08	0.05	0.05	-28.5
Legend Intl H*	LGDI	1471	1.00	0.71	0.71	-26.0
Linux Gold*	LNXGF	176	0.04	0.03	0.03	-25.0
National Coal*	NCOC	125	1.05	0.78	0.81	-22.1
Fischer-W Gld*	FWGO	212	0.05	0.01	0.04	-20.0
US Antimony*	UAMY	83	0.48	0.40	0.40	-18.3
Starfield Res*	SRFDF	1787	0.07	0.05	0.05	-16.6
Cream Mnrls*	CRMXF	201	0.07	0.06	0.06	-14.2
Oromin Expl*	OLEPF	416	0.91	0.80	0.81	-11.9

U.S. greatest value change
WEEK
	VOLUME	CLOSE	CHANGE
Potash C Sask* POT	27635263	104.87	+ 6.49
Alliance Rs P* ARLP	737634	52.23	+ 4.86
Cabot Corp* CBT	3399719	29.50	+ 2.50
Agrium* AGU	2370000	63.00	+ 2.23
SinoCoking Cl* SCOK	345649	15.99	+ 1.44
Arch Coal* ACI	31622729	23.69	+ 1.15
Mesabi Trust* MSB	1312063	24.32	+ 0.91
Soc Quim&M Ch* SQM	2691260	37.99	+ 0.89
Mosaic* MOS	24317525	47.65	+ 0.85
Cameco Corp* CCJ	11231845	25.49	+ 0.85
Compass Mnls* CMP	826000	70.69	-7.02
Newmont Mng* NEM	42687725	55.90	-3.15
Randgold Res* GOLD	3377249	89.88	-2.41
Goldcorp* GG	27112078	39.14	-1.60
Patriot Coal* PCX	5513700	12.06	-1.58
Consol Energy* CNX	23123019	37.48	-1.54
Agnico-Eagle* AEM	9200215	55.75	-1.53
Barrick Gold* ABX	51399808	41.10	-1.27
Seabridge Gld* SA	1557254	25.62	-1.04
Buenaventura* BVN	4663502	38.61	-0.98