U.S. MARKETS -June 14-18

Maintaining its safe haven status, gold prices rose to new highs over the June 14-18 trading period due to ongoing concerns over sovereign debt levels in Europe and the potential for further instability in the markets.

And although the dollar was weak, the markets showed some improvement. The Dow Jones industrial average gained 2.3%, or 239.57 points, to close at 10,450.64. The S&P 500 index rose 2.4%, or 25.91 points, to 1,117.15, and the Nasdaq increased 2.3%, or 66.2 points, to 2,309.80.

Gold miners saw the most significant value changes in their share prices over the period thanks to record high gold prices. Gold closed US$1,256 per oz. in London on June 18, but had risen beyond that at press time.

Randgold Resources shares were up US$6.26 to US$94.98 apiece and Newmont Mining shares were up US$5 to US$61.25. Both companies reached new 52-week highs. Barrick Gold, BHP Billiton and Anglo-Gold Ashanti were also top gainers by value.

On the losing end were the fertilizer companies Mosaic and Potash Corp. of Saskatchewan as 2011 forecasts were cut. Mosaic shares fell US$1.78 apiece to US$43.46, while Potash Corp. saw its shares drop US$1.26 to US$99.36 apiece.

Base metals producers held steady over the period. BHP Billiton, the world’s biggest mining company, saw shares rise US$2.51 to US$57.45 while Alcoa shares slipped US25¢ to US$11.11 and Freeport-McMoRan Copper & Gold shares were up US97¢ to US$65.90. At press time, BHP and Rio Tinto had struck a deal with the state government in Western Australia over royalties on sales revenue for their iron ore joint venture. They agreed to pay higher mining royalties of 5.6% up from 3.75% on fine ore and a one-time payment of US$309 million. Rio Tinto and Xstrata are battling Australia’s federal government over the planned 40% Resource Super Profits Tax -the companies are arguing that they already pay their fair share in taxes and royalties.

Banro Resources shares rose 21% to US$2.10 apiece following news the company had shipped a used gold processing plant from Australia to its Twangiza gold project in the Democratic Republic of the Congo.

U.S. most active issues
	VOLUME		WEEK
	(000s)	HIGH	LOW	CLOSE	CHANGE
Alcoa* AA	101218	11.68	11.02	11.11	-0.25
Barrick Gold* ABX	52981	46.46	41.75	46.38	+ 3.27
Freeport McMo* FCX	51926	67.76	64.62	65.90	+ 0.97
Newmont Mng* NEM	47751	61.78	54.77	61.25	+ 5.00
Vale* VALE	42115	28.04	26.55	26.88	-0.15
Hecla Mining* HL	39074	5.96	5.23	5.89	+ 0.58
Silverado* SLGLF	30984	0.00	1.0E8	0.00	0.00
Goldcorp* GG	29806	46.07	42.25	45.86	+ 2.17
Peabody Enrgy* BTU	27467	42.05	39.96	41.26	+ 1.48
Silver Wheatn* SLW	26965	21.38	19.26	21.00	+ 1.60

U.S. greatest percentage change
		VOLUME		WEEK
		(000s)	HIGH	LOW	CLOSE	CHANGE
Cream Mnrls*	CRMXF	10	0.09	0.09	0.09	+ 28.5
Commerce Grp*	CGCO	35	0.05	0.04	0.05	+ 25.0
Banro Res*	BAA	441	2.13	1.75	2.10	+ 21.3
Uranium Res*	URRE	3847	0.74	0.48	0.61	+ 19.6
Rubicon Mnls*	RBY	3920	3.94	3.17	3.89	+ 19.3
Silver Dragon*	SDRG	507	0.25	0.19	0.25	+ 19.0
Li3 Energy*	LIEG	1420	0.47	0.38	0.45	+ 18.4
US Gold*	UXG	1406	4.90	4.18	4.82	+ 14.4
CoeurdAlene*	CDE	13241	16.95	14.39	16.80	+ 14.3
Starfield Res*	SRFDF	171	0.08	0.06	0.08	+ 14.2
Apolo Gold*	APLL	371	0.03	0.02	0.02	-33.3
Habanero Res*	HBNRF	81	0.12	0.10	0.10	-16.6
Elray Res*	ELRA	147	0.14	0.06	0.10	-16.6
Patriot Gold*	PGOL	73	0.24	0.17	0.18	-14.2
Caledonia Mng*	CALVF	872	0.07	0.05	0.06	-14.2
El Capitan Pr*	ECPN	692	0.38	0.32	0.32	-11.1
Petaquilla Mn*	PTQMF	1044	0.36	0.31	0.34	-10.5
Canarc Res*	CRCUF	52	0.10	0.08	0.09	-10.0
Tara Gold*	TRGD	160	0.40	0.35	0.38	-9.5
NWT Uranium*	NWURF	44	0.36	0.19	0.19	-9.5

U.S. greatest value change
WEEK
		VOLUME	CLOSE	CHANGE
Randgold Res*	GOLD	5300243	94.98	+ 6.26
Newmont Mng*	NEM	47751104	61.25	+ 5.00
Agnico-Eagle*	AEM	11036755	64.78	+ 4.51
Barrick Gold*	ABX	52980854	46.38	+ 3.27
BHP Billi-BHP*	BHP	18502452	67.83	+ 2.55
BHP Billi-BBL*	BBL	13230114	57.45	+ 2.51
AngloGold Ash*	AU	8196237	44.79	+ 2.51
Alpha Nat Res*	ANR	19443691	38.49	+ 2.44
Pan Am Silver*	PAAS	5859580	27.71	+ 2.40
Allied Nevada*	ANV	949900	21.83	+ 2.40
Mosaic*	MOS	18403980	43.46	-1.78
Potash C Sask*	POT	19188820	99.36	-1.26
Patriot Coal*	PCX	5988800	15.90	-1.08
Fronteer Gold*	FRG	5315246	6.23	-0.52
Cabot Corp*	CBT	2507328	28.15	-0.46
Minefinders*	MFN	3826981	8.74	-0.44
Mesabi Trust*	MSB	303746	18.83	-0.37
Agrium*	AGU	1777800	52.25	-0.29
Alcoa*	AA	101218418	11.11	-0.25
Vale*	VALE	42115400	26.88	-0.15