Trading Summary (June 11, 2004)

The Toronto Stock Exchange S & P Composite closed up 0.25%, or 21.14 points, to close at 8,366.63.

The TSE gold index closed up 0.09%, or 0.17 point, to close at 192.62. The diversified metals and mining index closed up 0.54 point, or 0.25%, to finish the day at 214.44 points.

The afternoon London gold fix was quite stable. Gold closed 10 lower, at US$384.

Trading volume was down considerably this Friday. Only one mining stock traded more than 2 million shares.

Jonpol Explorations led the way in volume, trading 6.3 million shares and closing up 22%, or 6, to close at 33. There was no news to account for this action.

Kinross Goldtraded second in volume, with 1.78 million shares changing hands. Kinross fell 1.3%, or 10, to close at $7.41. The stock has been consistently falling this week, alongside the price of gold.

Tahera traded third in volume and gained 1.37%, or 0.5, to close at 37on a volume of 1.27 million shares. The company’s Jericho mine was recently given the go-ahead. It will be Nunavut’s first diamond producer.

For the first time in quite a while, Wheaton River traded less than one million shares. The stock fell 1, or 0.27%, to close at $3.68. Today, Wheaton announced that they will hold another vote on the proposed Iamgold merger.