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TABLE OF CONTENTS Jan 20 - 26, 2014 Volume 99 Number 49 - 0 comments

U.S. markets, Jan. 6-10

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2014-01-15

The first trading week of 2014 saw the Dow Jones Industrial Average slide 0.02% to 16,437.05, the S&P 500 inch up 0.60% to 1,842.37 and the Philadelphia Gold & Silver Index rise 0.49% to 87.05. Weaker-than-expected jobs data dampened spirits later in the week, with nonfarm payrolls rising 74,000 in December, the smallest gain since January 2011.

Shares of Compass Minerals International posted the week’s largest gain, jumping US$2.15 per share to US$81.43, on the back of severe winter weather and greater demand for highway de-icing. Compass Minerals — a leading producer of minerals, including salt — reported that its highway de-icing business sold 4 million tons in the three months ended December 2013, well above the 2.3 million tons in the year-ago quarter. Eleven cities in the company’s primary North American highway de-icing service area reported 81 snow events during the period, compared with a 10-year average of 44.8 events. The same cities posted only 36 snow events in the fourth quarter of 2012.

Shares of Alderon Iron Ore rose 9.6% to US$1.70 apiece after the government of Newfoundland and Labrador released the company from the provincial-environmental assessment (EA) process for its Kami iron-ore project in western Labrador. The Kami project is still waiting for federal EA approvals, which Alderon expects in February. The project also requires approval from the provincial government to expand transmission capacity from Churchill Falls to Labrador West. Alderon owns 75% of the project and China’s largest steel producer, Hebei Iron & Steel Group Co., owns the remaining 25%. Production from Kami is expected to start in late 2015.

Agrium’s shares advanced US84¢ to US$91.56. The company has reviewed its Agrium Advanced Technologies business unit and will transition to wholesale and retail by March 2014.

Stronger gold prices, which ended the week US$10 per oz., or 0.86% higher than when the week started, helped lift gold stocks on no other news, including Royal Gold, up US$1.88 to US$50.93 per share; Central Gold Trust, up US74¢ to US$44.15; and Franco-Nevada, up US57¢ to US$42.08. 

U.S. most active issues


    Volume  
Company Symbol (000s) High Low Close Change
Alcoa* AA 190789 10.9 9.83 10.11 - 0.46
Alpha Nat Res* ANR 72186 7.21 6.12 6.21 - 0.83
Barrick Gold* ABX 60984 18.56 17.68 18.18 + 0.03
Freeport McMo* FCX 50625 37.23 35.45 36.17 - 1.15
Molycorp* MCP 49778 6.09 5.25 5.42 - 0.59
Cliffs Nat Rs* CLF 45882 25.13 22.73 22.83 - 2.22
Goldcorp* GG 43550 23.45 21.91 23.19 + 0.9
Kinross Gold* KGC 43108 4.63 4.41 4.5 - 0.01
Arch Coal* ACI 43002 4.51 4.1 4.13 - 0.28
Peabody Enrgy* BTU 42138 18.8 17.15 17.55 - 1.23

U.S. greatest percentage change


    Volume  
Company Symbol (000s) High Low Close Change
Minco Gold* MGH 515 0.25 0.19 0.23 + 25.4
Loncor Res* LON 59 0.15 0.09 0.14 + 24.5
Dejour Enterp* DEJ 785 0.19 0.13 0.15 + 22.2
Golden Mnls* AUMN 2548 0.76 0.56 0.64 + 12.4
Intl Tower Hi* THM 217 0.52 0.4 0.49 + 10.6
Alderon Irn O* AXX 322 1.78 1.51 1.7 + 9.6
Banro* BAA 4182 0.7 0.6 0.68 + 9.5
Lake Shore Gd* LSG 2003 0.58 0.49 0.53 + 7.9
Turquoise HIl* TRQ 4676 3.43 3.01 3.3 + 7.8
Mag Silver* MVG 33 5.86 5.25 5.78 + 7
North Am Pall* PAL 30860 0.96 0.61 0.67 - 16.2
Natural Rs Pt* NRP 779 20.68 16.6 16.6 - 15.9
Walter Energy* WLT 5248 16.1 13.76 13.8 - 13.6
Alpha Nat Res* ANR 72186 7.21 6.12 6.21 - 11.7
Molycorp* MCP 49778 6.09 5.25 5.42 - 9.8
Augusta Res* AZC 54 1.42 1.21 1.22 - 9.6
Quest Rare Mn* QRM 933 0.48 0.43 0.45 - 9.1
Cliffs Nat Rs* CLF 45882 25.13 22.73 22.83 - 8.8
Rare Elemt Re* REE 2778 1.75 1.4 1.57 - 8.1
Eurasian Mnls* EMXX 425 1.17 0.96 1.03 - 7.2

U.S. greatest value change


Company Symbol Change Close Change
Compass Mnls* CMP 485126 81.43 + 2.15
Royal Gold* RGLD 3609890 50.93 + 1.88
Potash C Sask* POT 39626410 33.63 + 0.96
Goldcorp* GG 43549991 23.19 + 0.9
Agrium* AGU 738868 91.56 + 0.84
MDU Res* MDU 2754026 30.81 + 0.77
Central GoldT* GTU 503043 44.15 + 0.74
Cabot Corp* CBT 1281075 51.69 + 0.64
Franco-Nevada* FNV 2505297 42.08 + 0.57
Soc Quim&M Ch* SQM 2436661 25.77 + 0.54
Rio Tinto* RIO 2199249 51.94 - 3.17
Natural Rs Pt* NRP 779140 16.6 - 3.16
Cliffs Nat Rs* CLF 45881722 22.83 - 2.22
Walter Energy* WLT 5247814 13.8 - 2.18
Randgold Res* GOLD 4345758 61.57 - 1.84
BHP Billi-BBL* BBL 4914673 59 - 1.84
BHP Billi-BHP* BHP 6984650 65.8 - 1.72
Teck Res B* TCK 12254943 23.77 - 1.53
US Silica Hld* SLCA 705113 31.87 - 1.3
Peabody Enrgy* BTU 42137967 17.55 - 1.23


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