TORONTO STOCK EXCHANGE -June 21-25

The TSX composite index finished the June 21-25 period lower just as the riots around the G20 meetings were getting set to unfold in the streets of Toronto. The weekend meeting ended with leaders agreeing to take different paths for cutting budget deficits and making their banking systems less risky.

Heading into the weekend, key commodities were slumping, with oil falling below US$79 a barrel after reaching its highest price in eight weeks on fears over tropical storm Alex.

The diversified miners didn’t fare so well either as evidenced by the Capped Metals & Mining index. The index was off over 50 points to 892.62 points as the price of aluminum and nickel fell while copper and tin prices traded flat.

Gold, however, continued to show strengths as the yellow metal finished higher at US$1,256.85 an oz. and the Global Gold index followed suit as it climbed 5 points for the period.

It was a busy period for Olympus Pacific Minerals and the market signaled that all the activity was worth its while. The Torontobased company finished 22% higher at 33¢ a share, after announcing it had closed a private placement and increased its gold resources. The private placement, which included a gold note, added $21 million to company coffers. Money that will be well spent in Asia where the company announced it has increased gold resources at its Bau gold project in Malaysia by 52% and at its Phuoc Son gold project in Vietnam by 16%. Together the two projects now have a measured and indicated resource of 14.8 million tonnes grading 2.14 grams gold per tonne for 1.02 million oz. gold.

Positive developments at its El Oro gold project in Mexico had Candente Gold climbing for the period. The Vancouverbased junior was up 21% to 76¢ apiece after announcing it had rehabilitated a tunnel on its property that allowed for it to begin drilling a key underground vein there. Preliminary work on the zone, beneath a historic mine, has the company believing that it could find 3 million to 4 million tonnes of ore grading 10 to 12 grams gold and 120 to 160 grams silver. The vein in question, known as San Rafael, produced over 4 million oz. gold and 44 million oz. silver between 1896 and 1927.

Solid results from two separate zones at its Back River gold project in Nunavut helped propel Sabina Gold & Silver up the market ranks. The company was up 17% to $2.64 apiece after it first announced an assay result of 18.66 grams gold over 13 metres at its Llama Lake discovery, and then followed that up with the release of an assay grading 11.32 grams gold over 11 metres at its Umwelt Lake discovery.

Back River currently has a resource of 3.4 million tonnes grading 10.9 grams gold for 1.19 million oz.

TSX most active issues
		VOLUME		WEEK
		(000s)	HIGH	LOW	CLOSE	CHANGE
Uranium One	UUU	26654	2.67	2.29	2.59	+ 0.27
Lundin Mng	LUN	26133	3.92	3.39	3.47	-0.23
Teck B	TCKB	18909	37.66	33.96	35.02	-0.37
Barrick Gold	ABX	16390	48.56	45.60	48.08	+ 1.07
HudBay Minls	HBM	16375	13.12	12.05	12.25	+ 0.53
Western Coal	WTN	15369	5.05	4.51	4.79	+ 0.05
Equinox Minls	EQN	14087	4.21	3.89	4.09	+ 0.27
Yamana Gold	YRI	13771	11.31	10.68	11.14	-0.08
Eastern Platin	ELR	13156	1.25	1.07	1.09	-0.12
Centamin Egypt	CEE	12969	2.64	2.45	2.55	-0.00

TSX greatest percentage change
		VOLUME		WEEK
		(000s)	HIGH	LOW	CLOSE	CHANGE
X-Cal Res	XCL	5636	0.19	0.10	0.16	+ 60.0
South Am Gld&C	SAG	966	0.04	0.03	0.03	+ 50.0
Crescent Gold	CRA	31	0.16	0.12	0.16	+ 33.3
Olympus Pacif	OYM	1293	0.34	0.29	0.33	+ 22.2
Candente Gold	CDG	865	0.80	0.63	0.76	+ 20.6
Adanac Moly	AUA	176	0.06	0.05	0.06	+ 20.0
Diamond Fields	DFI	623	0.25	0.16	0.19	+ 18.7
San Anton Res	SNN	104	0.19	0.14	0.19	+ 18.7
Sabina Silver	SBB	4261	2.64	2.27	2.64	+ 16.8
Armistice Res	AZ	311	0.29	0.25	0.28	+ 16.6
AvalonRareMt	AVL	1436	2.76	2.15	2.19	-17.3
TriAusMin	TOR	315	0.06	0.05	0.05	-16.6
Mediterrn Res	MNR	125	0.10	0.09	0.10	-16.6
Polaris Minls	PLS	70	1.88	1.55	1.59	-14.9
Magma Metals	MMW	165	0.47	0.37	0.40	-14.8
Polo Res	POL	108	0.08	0.06	0.06	-14.2
Starfield Res	SRU	1939	0.08	0.06	0.06	-14.2
Grandview Gld	GVX	391	0.08	0.06	0.06	-14.2
PlatinumGpMt	PTM	1428	2.24	1.83	1.87	-13.0
Kimber Res	KBR	48	0.95	0.80	0.83	-12.6

TSX greatest value change
WEEK
		VOLUME	CLOSE	CHANGE
Newmont Mng	NMC	41983	64.20	+ 1.37
Barrick Gold	ABX	16389983	48.08	+ 1.07
Allied Nevada	ANV	1020850	23.17	+ 1.04
Silver Wheaton	SLW	9420553	22.15	+ 0.75
CentralGold-T	GTU_U	86662	50.38	+ 0.68
US Gold	UXG	487014	5.49	+ 0.61
Goldcorp	G	10870914	47.10	+ 0.59
HudBay Minls	HBM	16374823	12.25	+ 0.53
US Gold Can Ac	UXE	48866	5.32	+ 0.52
Thompson Creek	TCM	6377225	10.72	+ 0.48
Labdr I-Ore Ro	LIF_U	489049	45.68	-3.30
Royal Gold	RGL	43904	51.55	-3.13
PotashCpSask	POT	3188130	98.26	-2.84
First Quantum	FM	2571621	60.55	-1.34
Ventana Gold	VEN	3056332	8.62	-1.20
Agnico-Eagle	AEM	3450232	64.95	-1.19
Agrium	AGU	2938579	52.20	-0.97
Teck A	TCKA	13860	36.51	-0.96
North Am En Pa	NOA	34915	9.85	-0.90
Cameco Corp	CCO	3155976	23.50	-0.76