U.S. MARKETS -March 30 -Aril 5

Stock markets in the United States inched upwards over the March 31-April 5 trading period. The Dow Jones industrial average rose 0.4%, or 44.59 points, to close at 10,952.01 points, while the S&P 500 index gained 1.1%, or 12.92 points, finishing the period at 1,186.19 points. Meanwhile, the Nasdaq closed 0.6% higher, rising 14.59 points, at 2,425.28.

In the news, top U.S. coal miner Peabody Energy has sweetened its bid for a controlling interest in Australia’s Macarthur Coal to A$14 per share, or A$3.6 billion, from A$13 per share.

Peabody is trying to stop Macarthur’s plan to take over smaller rival Gloucester Coal. The Macarthur-Gloucester deal would give Hong Kong-based commodities firm Noble Group a 24.6% stake in Macarthur for a much lower price. Macarthur, which is the world’s biggest exporter of pulverized coal, says it’s considering Peabody’s offer but told shareholders to hold their shares for the time being. Peabody was one of the most actively traded shares over the period with 25.5 million shares changing hands, causing the share prices to slip US5¢ to US$46.02 per share.

The other most actively traded stocks south of the border were Alcoa with a trading volume of 109.9 million shares pushing the stock up US29¢ to US$14.73; Freeport-McMoRan Copper & Gold shares rose US$4.45 to US$87.33 apiece on a trading volume of 46.9 million shares; and Hecla Mining shares were up US48¢ to US$5.90 on a trading volume of 33.9 million shares.

Alcoa reported that it expects to record US$260 million in first quarter charges related to the permanent closures of its Eastalco smelter in Frederick, Md., and its smelter in Badin, N.C., and smaller parts of existing facilities as well as a non-cash charge as a result of the United States’ new health care law.

Rio Tinto shares increased the most by value over the period, rising US$7.38 to US$246.22. Next was Lihir Gold, up US$7.38 per share to $36.08 -an increase of 25.7%.

Lihir has rejected a takeover offer from Newcrest Mining that values the company at A$9.2 billion. Lihir management say they see the value of the two companies merging but the offer does not give a significant enough premium.

U.S. most active issues
VOLUME WEEK
(000s) HIGH LOW CLOSE CHANGE
Alcoa* AA 109897 14.81 14.22 14.73 + 0.29
Freeport McMo*FCX 46877 87.87 83.01 87.33 + 4.45
Silverado* SLGLF 45751 0.01 0.01 0.01 0.00
Hecla Mining* HL 33857 5.92 5.35 5.90 + 0.48
CONSOL Engy* CNX 33327 45.33 41.81 45.27 + 2.61
Goldcorp* GG 32526 39.28 36.63 38.75 + 1.24
Barrick Gold* ABX 30781 39.90 37.41 39.65 + 1.84
Newmont Mng* NEM 25681 53.98 50.29 53.81 + 3.44
Peabody Enrgy* BTU 25491 46.65 44.94 46.02 -0.05
Potash C Sask* POT 23270 121.91 114.91 115.71 -4.82
U.S. greatest percentage change
VOLUME WEEK
(000s) HIGH LOW CLOSE CHANGE
El Capitan Pr* ECPN 4115 0.76 0.20 0.60 +215.7
Crystallex In* KRY 5832 0.49 0.31 0.48 + 45.4
America West* AWSR 52 0.14 0.12 0.14 + 27.2
Lihir Gold* LIHR 5459 36.76 27.79 36.08 + 25.7
Tombstone Exp* TMBXF 313 0.11 0.09 0.11 + 22.2
North Am En P* NOA 350 10.53 8.73 10.29 + 18.9
Metalline Mng* MMG 647 1.22 0.95 1.19 + 16.6
PlatinumGpM* PLG 118 2.15 1.83 2.13 + 16.3
Oromin Expl* OLEPF 302 0.79 0.57 0.73 + 15.8
Intl Tower Hi* THM 404 6.80 5.75 6.71 + 15.0
Aurelio Res* AULO 395 0.01 0.01 0.01 -50.0
SinoCoking Cl* SCOK 141 33.50 25.17 26.83 -19.8
Cream Mnrls* CRMXF 50 0.11 0.09 0.09 -18.1
New Jersey Mg* NJMC 35 0.28 0.25 0.25 -13.7
Bullion Monar* BULM 94 0.76 0.70 0.71 -10.1
DouglasLkMl* DLKM 262 0.24 0.21 0.21 -8.7
Patriot Gold* PGOL 94 0.35 0.28 0.28 -6.6
Affinity Gold* AFYG 458 0.34 0.26 0.29 -6.4
Midway Gold* MDW 71 0.65 0.59 0.62 -4.6
Potash C Sask* POT 23270121.91 114.91 115.71 -4.0
U.S. greatest value change
WEEK
VOLUME CLOSE CHANGE
Rio Tinto* RTP 2446165 246.22 + 10.62
Lihir Gold* LIHR 5458622 36.08 + 7.38
Randgold Res* GOLD 3148602 80.62 + 6.01
Freeport McMo* FCX 46877060 87.33 + 4.45
Royal Gold* RGLD 2640749 50.08 + 3.94
ASA (Bermuda)* ASA 110496 77.92 + 3.87
Teck B* TCK 18281183 46.05 + 3.73
Newmont Mng* NEM 25680546 53.81 + 3.44
CONSOL Energy* CNX 33326873 45.27 + 2.61
Alpha Nat Res* ANR 13655735 53.09 + 2.47
SinoCoking Cl* SCOK 141257 26.83 -6.66
Potash C Sask* POT 23270204 115.71 -4.82
Mosaic* MOS 22829290 57.99 -2.23
Natural Rs Pt* NRP 1533300 25.24 -0.69
Cameco Corp* CCJ 9181223 27.07 -0.29
Bullion Monar* BULM 94225 0.71 -0.08
Peabody Enrgy* BTU 25491166 46.02 -0.
05
New Jersey Mg* NJMC 34700 0.25 -0.04
Midway Gold* MDW 70700 0.62 -0.03
Legend Intl H* LGDI 387555 1.12 -0.03
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