U.S. MARKETS -Sept. 27-Oct. 1

Gold continued its ascent during the week of Sept. 27-Oct. 1 to finish at US$1,318.60 per oz. while U.S. equities dipped on both the Dow Jones industrial average and the S&P 500 index.

The Dow Jones fell 30.58 points to 10,829.68, while the S&P slipped 2.43 points to 1,146.24. The Philadelphia Gold and Silver index rose 1.6% or 3.18 points to 200.06. Silver was the best performing metal of the week, up 4.7%, while zinc was the worst performer, down 2.4%.

Seven companies reached new 52-week share price highs on the New York Stock Exchange: Agrium, ASA (Bermuda), Buenaventura, Ivanhoe Mines, Mesabi Trust, Silver Wheaton, and Sociedad Quimica y Minera de Chile.

Of them, Peru’s Buenaventura topped the list of value gains on the back of strong gold and silver prices with a jump in share price of US$4.68 to US$46.53. Mesabi Trust, a royalty trust deriving income from the Peter Mitchell iron ore mine near Babbitt, Minn., followed in second place with a gain of US$4.21 to US$38.04, on rising demand for iron ore.

Rising silver prices saw Silver Wheaton, the world’s largest silver streaming company, become the fifth most actively traded stock with 39.1 million shares changing hands. The company’s share price edged up 7¢ apiece to close at US$26.67. In mid-August, Silver Wheaton reported record financial results for the second quarter ended June 30. Net earnings rose by almost 200% to a record US$53.3 million (US16¢ per share), up from US$18.4 million (US7¢ per share) in 2009, while operating cash flow increased by more than 150% to US$67 million (US20¢ per share), compared with US$26.5 million (US9¢ per share) in 2009.

Diversified miner Teck Resources gained US$3.13 to US$42.47 on news Sept. 29 that employees at the Coal Mountain operation in southeastern British Columbia ratified a new five-year agreement, replacing an agreement that expired on Dec. 31, 2009. The agreement means production will resume following a temporary suspension due to strike action by the United Mineworkers of America.

U.S. most active issues
	VOLUME		WEEK
	(000s)	HIGH	LOW	CLOSE	CHANGE
Alcoa* AA	119442	12.40	11.81	12.23	+ 0.03
Silverado* SLGLF	55296	0.01	0.01	0.01	0.00
Freeport McMo* FCX	53536	89.29	84.24	89.13	+ 2.52
Barrick Gold* ABX	46764	47.29	44.76	47.01	+ 0.64
Silver Wheatn* SLW	39139	27.18	25.49	26.67	+ 0.07
Hecla Mining* HL	38507	6.45	5.89	6.38	+ 0.13
Northgate Mnl* NXG	33203	3.43	2.95	3.05	-0.34
Newmont Mng* NEM	32365	64.46	61.30	63.68	+ 0.28
Goldcorp* GG	30145	44.30	42.58	43.72	-0.09
Kinross Gold* KGC	29782	19.08	18.34	18.90	-0.10

U.S. greatest percentage change
		VOLUME		WEEK
		(000s)	HIGH	LOW	CLOSE	CHANGE
Yellowcake Mg*	YCKM	317	0.08	0.03	0.08	+ 166.6
America West*	AWSR	247	0.09	0.06	0.08	+ 60.0
Cream Mnrls*	CRMXF	174	0.14	0.08	0.12	+ 50.0
Grandview Gld*	GVGDF	13	0.09	0.08	0.09	+ 50.0
National Coal*	NCOC	2064	0.99	0.65	0.97	+ 42.6
Lake Vict Mng*	LVCA	2017	0.37	0.26	0.35	+ 29.6
Almaden Mnls*	AAU	3304	3.29	2.50	3.28	+ 27.1
Tombstone Exp*	TMBXF	523	0.05	0.03	0.05	+ 25.0
Starfield Res*	SRFDF	1005	0.05	0.03	0.05	+ 25.0
Banro Res*	BAA	1002	2.49	1.98	2.45	+ 24.3
DouglasLkMl*	DLKM	549	0.39	0.21	0.29	-25.6
Canarc Res*	CRCUF	27	0.09	0.06	0.06	-25.0
Constittn Mng*	CMIN	8799	0.44	0.21	0.31	-24.3
Fischer-W Gld*	FWGO	35	0.05	0.03	0.05	-16.6
Tara Gold*	TRGD	585	0.49	0.39	0.40	-11.1
Northgate Mnl*	NXG	33203	3.43	2.95	3.05	-10.0
Tri-Valley*	TIV	189	0.81	0.66	0.73	-8.7
Minefinders*	MFN	4689	10.75	9.55	9.79	-7.9
Global Gold*	GBGD	581	0.12	0.10	0.12	-7.6
Keegan Res*	KGN	145	8.47	7.53	7.62	-7.6

U.S. greatest value change
WEEK
		VOLUME	CLOSE	CHANGE
Buenaventura*	BVN	5243908	46.53	+ 4.68
Mesabi Trust*	MSB	2493820	38.04	+ 4.21
Cliffs Nat Rs*	CLF	20298933	66.58	+ 4.00
Teck B*	TCK	21917584	42.47	+ 3.13
Freeport McMo*	FCX	53536145	89.13	+ 2.52
Yanzhou Coal*	YZC	1358791	24.95	+ 2.29
Agnico-Eagle*	AEM	11412955	71.27	+ 2.05
Consol Energy*	CNX	16061801	38.31	+ 1.91
AngloGold Ash*	AU	10584860	47.06	+ 1.82
BHP Billi-BHP*	BHP	14860061	77.69	+ 1.74
Compass Mnls*	CMP	437493	76.13	-3.36
Potash C Sask*	POT	14876245	142.64	-3.36
Mosaic*	MOS	25538101	59.62	-2.47
Agrium*	AGU	2407548	75.01	-2.17
Alliance Rs P*	ARLP	444022	58.60	-1.59
Minefinders*	MFN	4689114	9.79	-0.84
Keegan Res*	KGN	144777	7.62	-0.63
Intrepid Pots*	IPI	1658636	26.45	-0.58
Seabridge Gld*	SA	1209976	28.92	-0.53
Harry Winston*	HWD	271980	11.76	-0.44