TORONTO STOCK EXCHANGE -October 25-29

In an up and down week, the TSX composite index managed to rebound to end the Oct. 25-29 trading period up at 12,676.24 on a modest gain of 75 points, or 0.6%.

Statistics Canada reported that gross domestic product in August increased by 0.3% following a 0.1% drop in July. The Canadian dollar closed at US98.02¢, up 0.64 of a cent on the week.

Bullion prices closed on a strong note, ahead US$32.50 at US$1,357.60 per oz. Reflecting higher gold prices, the TSX Global Gold index rose 14 points, or 3.6%, to finish at 404.04.

Barrick Gold was up $1.86 at $49.12 per share, Goldcorp tacked on $2.35 to close at $45.54 per share, Agnico-Eagle Mines jumped $6.93 to $79.10 apiece, while Eldorado Gold shares remained unchanged at $17.27. All reported positive third quarter results during the period.

While the spot price for copper was off 6¢ at US$3.71 per lb., the Capped Metals & Mining index went the other way, adding 11 points, or 0.9%, to finish at 1,235.28.

Shares of molybdenum companies advanced on news that China is preparing to classify the metal as a national mining resource, which could have limiting production implications. Thompson Creek Mines closed up $1.45 at $12.28 and Moly Mines added 10¢ to finish at 85¢.

Base metal producer Inmet Mining was up $1.97 at $60.98 after reporting third quarter results. Earnings were 32% higher over the same period a year ago, due to higher metal prices and the ramping up of operations at its 70%-owned Las Cruces open-pit copper mine in Spain.

Eastern Platinum (Eastplats) was among the most-active traders. It was up 25¢ at $1.86 per share on news that it arranged a US$100-million corporate debt financing with the UniCredit Bank of London and the Standard Bank of South Africa. Eastplats is South Africa’s sixth-largest platinum group metals producer.

Torex Gold Resources added 6¢ to finish at $1.37, after announcing a new underground gold resource for the El Limon deposit at the company’s Morelos gold project in Mexico’s Guerrero state. With 1.6 million oz. contained in an indicated resource of 7.4 million tonnes grading 6.8 grams, Torex is expanding the prefeasibility study to assess the project’s underground mining potential.

Montreal-based Dynacor Gold Mines closed at $1.47, for a 67% gain on the week. The junior says it is on target to sell 30,000 oz. gold in 2010 from a custom milling operation in Peru.

The operation buys gold ore sourced from small-and medium-size third parties. As part of its business model, cash flow generated by the milling operation is used to fund exploration on its Tumipampa copper-gold project, also in Peru.

TSX most active issues
		VOLUME		WEEK
		(000s)	HIGH	LOW	CLOSE	CHANGE
Eastern Platin	ELR	54180	1.90	1.57	1.86	+ 0.25
Lundin Mng	LUN	38791	7.04	6.17	6.46	-0.29
Uranium One	UUU	20262	4.20	3.82	4.17	+ 0.34
B2Gold	BTO	20206	2.28	2.07	2.28	+ 0.13
KinrossGold	K	20094	18.42	17.42	18.35	+0.29
Torex Gold	TXG	19635	1.68	1.31	1.37	-0.06
Potash One	KCL	19098	4.08	3.32	3.66	+ 0.27
Yamana Gold	YRI	17021	11.22	10.76	11.22	+ 0.21
Eldorado Gold	ELD	16615	17.73	16.94	17.27	-0.00
Barrick Gold	ABX	15064	49.18	46.47	49.12	+ 1.86

TSX greatest percentage change
		VOLUME		WEEK
		(000s)	HIGH	LOW	CLOSE	CHANGE
DynacorGoldM	DNG	1555	1.56	0.89	1.47	+ 67.0
Diamond Fields	DFI	1564	0.26	0.19	0.26	+ 62.5
Ratel Gold	RTL	9615	1.34	0.69	1.12	+ 55.5
Malaga	MLG	1234	0.29	0.20	0.28	+ 40.0
Nuinsco Res	NWI	6226	0.15	0.12	0.14	+ 40.0
Orezone Gold	ORE	6706	3.56	2.39	3.17	+ 31.5
Petaquilla Mnl	PTQ	4963	0.85	0.62	0.83	+ 29.6
Golden Peaks	GL	353	0.77	0.52	0.77	+ 28.3
Contl Precious	CZQ	987	0.82	0.61	0.77	+ 28.3
Gryphon Gold	GGN	1962	0.28	0.17	0.28	+ 27.2
Starfield Res	SRU	6756	0.08	0.05	0.05	-16.6
United Mng Grp	UMG	887	1.05	0.86	0.88	-15.3
Talison Lithm	TLH	570	5.45	4.80	4.81	-10.4
Baja Mng	BAJ	7249	1.33	1.11	1.16	-10.0
Niocan Inc	NIO	14	0.40	0.36	0.36	-10.0
Grandview Gld	GVX	90	0.09	0.08	0.09	-10.0
SouthGobi Res	SGQ	275	12.30	10.50	10.94	-9.3
Formation Mtls	FCO	149	1.59	1.43	1.45	-9.3
Ursa Major Min	UMJ	378	0.10	0.09	0.10	-9.0
Inspiration Mg	ISM	345	0.24	0.21	0.22	-8.3

TSX greatest value change
WEEK
		VOLUME	CLOSE	CHANGE
Agnico-Eagle	AEM	3812259	79.10	+ 6.93
First Quantum	FM	2449509	89.31	+ 5.86
Labdr I-Ore Ro	LIF_U	307386	61.20	+ 3.77
Centerra Gold	CG	1698254	20.35	+ 2.73
PotashCpSask	POT	3859780	147.50	+ 2.42
Goldcorp	G	13926340	45.54	+ 2.35
Si lver Wheaton	SLW	6003986	29.32	+ 2.35
Royal Gold	RGL	15306	50.90	+ 1.91
Detour Gold	DGC	1422789	29.79	+ 1.89
Barrick Gold	ABX	15064341	49.12	+ 1.86
Inmet Mining	IMN	1389493	60.98	-1.97
SouthGobi Res	SGQ	274575	10.94	-1.13
Russell Metals	RUS	894222	20.08	-1.09
HoriznsGBear	HGD	6273089	10.13	-0.82
North Am En Pa	NOA	33548	8.85	-0.58
Talison Lithm	TLH	569539	4.81	-0.56
Grande Cache C	GCE	6310969	7.00	-0.45
Cons Thomp Irn	CLM	7828401	9.88	-0.34
Lundin Mng	LUN	38791466	6.46	-0.29
Europn Goldfld	EGU	3298576	13.78	-0.24