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TABLE OF CONTENTS Feb 17 - 23, 2014 Volume 100 Number 1 - 0 comments

U.S. markets, Feb. 3-7

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2014-02-12

The S&P 500 Index posted the first weekly gain in a month, rising 0.81% to 1,797.02, while the Dow Jones Industrial Average inched 0.61% higher to close at 15,794.08. The U.S. Labor Department reported that the country’s unemployment rate hit 6.6% — a five-year low — although non-farm payrolls in January rose by just 113,000, short of the 185,000 expected. Some blamed the poor payrolls data on the cold weather. The Philadelphia Gold & Silver Index climbed 1.67% to 92.22, while the gold price advanced 1.7%, or US$21.20 per oz., to finish the trading week at US$1,267.10 per oz.

Royal Gold shares posted the largest jump in value, gaining US$5.61 to US$61.55 on no news. The precious metals royalty and streaming company — which has interests on 38 producing mines and 20 development projects — reported net income of $10.7 million, or 16¢ per share, on revenues of $52.8 million for the second quarter of fiscal 2014. This compared to net income of $27.2 million, or 42¢ per share, on revenue of $79.9 million in the second quarter of fiscal 2013. In a Jan. 30 press release, the company attributed the lower numbers in the quarter to 26% lower average metal prices and 11% lower production volume.

Compass Minerals International, the second-biggest gainer of the week, advanced US$5.08 to US$83.70 per share. Strong winter weather patterns in parts of Canada and the U.S. have driven up demand for its highway de-icing salt business.    

A US$4.11-per-share gain to US$73.01 for Randgold Resources marked the week’s third-largest value jump. On Feb. 3 the gold miner reported that it had hit its targets in 2013 and was poised for another production step-up in 2014. Gold production reached 910,373 oz. in 2013, up 15% from 2012, and Randgold said it expects production in 2014 will rise by 25% to 30% on the back of increasing grades at its Loulo–Gounkoto complex in Mali, improving recoveries and throughput at Tongon in Côte d’Ivoire and the first full-year contribution from its recently commissioned Kibali mine in the Democratic Republic of the Congo. Total cash costs per ounce gold in 2013 were US$715, down 3% from 2012.

U.S. most active issues


    Volume  
Company Symbol (000s) High Low Close Change
Alcoa* AA 119326 11.72 10.93 11.19 - 0.29
Arch Coal* ACI 79565 4.29 3.79 3.91 - 0.33
Alpha Nat Res* ANR 71481 5.69 4.89 5.3 - 0.38
Freeport McMo* FCX 64962 32.45 30.51 32.35 - 0.06
Barrick Gold* ABX 62596 19.76 18.34 18.89 - 0.39
Newmont Mng* NEM 61714 21.85 20.79 21.52 - 0.08
Cliffs Nat Rs* CLF 44135 21 18.42 20.82 + 1.5
Peabody Enrgy* BTU 41757 17.07 15.77 16.47 - 0.5
Potash C Sask* POT 41358 33.89 31.41 33.59 + 2.27
Goldcorp* GG 38068 25.62 24.47 25.54 + 0.65

U.S. greatest percentage change


    Volume  
Company Symbol (000s) High Low Close Change
Minco Gold* MGH 2844 0.59 0.42 0.55 + 31.6
Loncor Res* LON 143 0.19 0.13 0.14 + 27.2
Augusta Res* AZC 179 2.36 1.78 2.28 + 26.6
Entree Gold* EGI 330 0.39 0.32 0.39 + 20
SilverCrest M* SVLC 2491 2.2 1.85 2.2 + 18.9
Alexco Res* AXU 1161 1.9 1.57 1.89 + 18.1
Midway Gold* MDW 566 1.21 1.02 1.21 + 16.3
Silver Std Re* SSRI 10573 9.16 7.22 9.11 + 16.3
Fortuna Silvr* FSM 939 4.17 3.62 4.15 + 14.6
Avino Silver* ASM 2102 2.05 1.7 1.91 + 13.6
Quaterra Res* QMM 216 0.06 0.04 0.04 - 23.6
Uranium Res* URRE 1614 3.51 2.71 2.89 - 11
General Moly* GMO 1160 1.33 1.15 1.15 - 10.8
US Silica Hld* SLCA 1567 29.58 25.75 26.71 - 9.8
Oxford Res P* OXF 22 1.26 1.11 1.13 - 9.6
Minas Buenavn* BVN 14810 12.48 11.08 11.27 - 9.1
Golden Mnls* AUMN 752 0.84 0.69 0.74 - 8.7
Arch Coal* ACI 79565 4.29 3.79 3.91 - 7.7
North Am Pall* PAL 23156 0.44 0.39 0.39 - 7.1
Dejour Enterp* DEJ 408 0.2 0.16 0.18 - 6.6

U.S. greatest value change


Company Symbol Change Close Change
Royal Gold* RGLD 6838634 61.55 + 5.61
Compass Mnls* CMP 545657 83.7 + 5.08
Randgold Res* GOLD 4809927 73.01 + 4.11
Rio Tinto* RIO 2010204 56.17 + 3.02
Potash C Sask* POT 41357578 33.59 + 2.27
Amcol Intl* ACO 179786 36.16 + 2.09
Mosaic* MOS 20172068 46.45 + 1.79
BHP Billi-BHP* BHP 10978865 65.65 + 1.7
Cliffs Nat Rs* CLF 44135111 20.82 + 1.5
Tahoe Res* TAHO 85603 19.19 + 1.39
US Silica Hld* SLCA 1567359 26.71 - 2.91
Minas Buenavn* BVN 14810045 11.27 - 1.13
SunCoke Engy* SXC 549598 21.15 - 1.03
Consol Energy* CNX 10645426 36.5 - 0.85
Walter Energy* WLT 5641683 10.74 - 0.62
Dominion Diam* DDC 390555 14 - 0.53
Alliance Rs P* ARLP 448807 80.68 - 0.52
Peabody Enrgy* BTU 41756839 16.47 - 0.5
CVR Partners* UAN 147677 17.28 - 0.49
Barrick Gold* ABX 62595698 18.89 - 0.39


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