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TABLE OF CONTENTS Dec 16 - 22, 2013 Volume 99 Number 44 - 0 comments

U.S. markets, Dec. 2-6

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2013-12-11

U.S. equities jumped on Nov. 29, with a positive employment report. Better-than-expected data from the U.S. Labor Department showed the country added 203,000 jobs to non-farm payrolls in November and the unemployment rate dropped to 7% — a five-year low. Nevertheless, the markets ended an eight-week winning streak, with the Dow Jones Industrial Average slipping 0.41%, or 66.21 points, to 16,020.20, and the S&P 500 down 0.04%, or a 0.72 point, to 1,805.09. The Philadelphia Gold & Silver Index fell 6.55%, or 5.66 points, to 80.80.

Rio Tinto shares climbed US79¢ to US$53.84 per share. The company updated shareholders at an investment seminar in Sydney on Dec. 3, noting that in the 10 months leading to October, it delivered a US$1.8-billion improvement in operating costs and is on track to achieve its US$2-billion target for 2013. Rio also cut spending on exploration and evaluation during the 10-month period by US$800 million — exceeding its US$750-million target. The company forecasts capital expenditures this year will come in at below US$14 billion — a 20% reduction compared to 2012 — and says that by year-end it will have announced or completed US$3.3 billion in non-core asset divestments.

Mountain Province Diamonds was up 10%, or US49¢ per share to US$5.31, on news that the Mackenzie Valley Land and Water Board has approved a land-use permit for the Gahcho Kué diamond mine, which allows the company and its joint-venture partner and operator De Beers Canada to start land-based site works for deliveries planned for the winter road season in 2014. The approval allows full construction, after Gahcho Kué receives the full land-use permit and water licence expected in 2014.

Gahcho Kué is expected to have an 11-year mine life and extract 32 million tonnes containing 49 million carats. The partners are updating a 2010 feasibility study, and the companies should announce the results of an optimization study early next year.

U.S. most active issues


    Volume  
Company Symbol (000s) High Low Close Change
Alcoa* AA 122261 9.65 9.31 9.36 - 0.25
Barrick Gold* ABX 92385 16.48 15.26 15.4 - 1.09
Alpha Nat Res* ANR 61159 7.11 6.57 6.57 - 0.11
Newmont Mng* NEM 58906 24.6 22.97 23.02 - 1.61
Arch Coal* ACI 50901 4.6 4.04 4.27 + 0.19
Goldcorp* GG 45104 22.09 20.74 21.06 - 1.4
Freeport McMo* FCX 42888 34.92 33.81 34.25 - 0.44
Kinross Gold* KGC 42011 4.71 4.47 4.54 - 0.17
Peabody Enrgy* BTU 39504 19.54 18.05 18.64 + 0.44
Gold Fields* GFI 37668 3.97 3.5 3.55 - 0.46

U.S. greatest percentage change


    Volume  
Company Symbol (000s) High Low Close Change
Oxford Res P* OXF 50 1.46 1.1 1.36 + 19.3
Mountain Prov* MDM 118 5.38 4.8 5.31 + 10
Cloud Peak En* CLD 892 18.21 16.39 17.88 + 8.1
Dejour Enterp* DEJ 568 0.12 0.09 0.12 + 8.1
Turquoise HIl* TRQ 4786 4.43 3.19 3.35 + 7.7
Hi-Crush Part* HCLP 120 33.7 30.9 33.7 + 6.9
Walter Energy* WLT 5815 16.02 14.06 15.17 + 6.6
Uranerz Energ* URZ 3421 1.25 1.08 1.17 + 6.3
Atlatsa Res* ATL 597 0.52 0.43 0.51 + 5.2
US Energy* USEG 1006 3.53 3.24 3.38 + 4.9
Exeter Res* XRA 335 0.65 0.5 0.5 - 22.9
Rio Alto Mng* RIOM 126 1.52 1.26 1.27 - 21.1
Thompson Crk* TC 2069 2.82 2.1 2.25 - 19.9
Augusta Res* AZC 135 1.71 1.2 1.37 - 19.4
Tanz Roy Exp* TRX 1418 2.11 1.75 1.78 - 17.2
North Am Pall* PAL 12092 0.49 0.38 0.39 - 17.1
Rubicon Mnls* RBY 6678 0.98 0.78 0.82 - 17
Fortuna Silvr* FSM 1243 3.35 2.78 2.86 - 15.3
Mag Silver* MVG 66 5.9 5.12 5.13 - 14.9
Brigus Gold* BRD 284 0.66 0.56 0.57 - 13.5

U.S. greatest value change


Company Symbol Change Close Change
Alliance Rs P* ARLP 312347 75.57 + 2.3
Hi-Crush Part* HCLP 120427 33.7 + 2.2
Compass Mnls* CMP 169899 72.92 + 1.37
Cloud Peak En* CLD 892457 17.88 + 1.34
Consol Energy* CNX 10676288 36.59 + 1.01
Walter Energy* WLT 5815360 15.17 + 0.94
Rio Tinto* RIO 2527618 53.84 + 0.79
US Silica Hld* SLCA 1622433 35.24 + 0.73
Cabot Corp* CBT 1093238 49.44 + 0.64
Mountain Prov* MDM 118220 5.31 + 0.49
Randgold Res* GOLD 4233915 65.44 - 5.31
Franco-Nevada* FNV 5047036 37.39 - 2.9
Agnico-Eagle* AEM 12156049 25.45 - 2.09
Newmont Mng* NEM 58906414 23.02 - 1.61
Tahoe Res* TAHO 194102 16.18 - 1.6
AngloGold Ash* AU 17938257 12.02 - 1.57
Goldcorp* GG 45104249 21.06 - 1.4
Alamos Gold* AGI 1570840 11.49 - 1.33
CVR Partners* UAN 157429 16.29 - 1.24
Silver Wheatn* SLW 30036593 19.83 - 1.11


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