Metals, mining, stocks and money markets

LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, October 15, 2012 (change from October 8 in brackets):
Aluminium Alloy	77080	(-200)
Aluminium	5064950	(+40600)
Copper	212275	(-10225)
Lead	301700	(+50350)
Nickel	123342	(-1170)
Tin	11430	(-745)
Zinc	1036625	(+40400)

Producer and dealer prices

Antimony: Mid-mkt US$12,750.00/t

Bismuth: Mid-mkt US$9.38/lb.

Cadmium: Mid-mkt US$0.85/lb.

Coal: CME Group Central Appalachian Coal Futures November 2012: US$53.25; December 2012: US$54.13

Cobalt: Recent trades US$13.50-14.25/lb.

Copper: Comex Copper Futures November 2012: US$3.70/lb.; Comex December 2012: $3.70/lb.

Indium: Mid-mkt US$580.00/kg.

Iridium: Mid-mkt US$1,025.00/tr. oz.

Magnesium: Mid-mkt US$3,300.00/t.

Manganese: Mid-mkt US$2,575.00/t.

Mercury: Mid-mkt US$1,850.00/flask (76 lb.).

Molybdenum: Oxide, recent trades US$10.80-11.00/lb.

Rhodium: Mid-mkt US$1,175.00/tr. oz.

Ruthenium: Mid-mkt US$97.50/tr. oz.

Selenium: Mid-mkt US$45.00/lb.

Silver: Base: US$32.97; Fabricated: US$39.56; Sterling: US$30.57

Tantalum: Ta2O5 ore, mid-mkt US$125/lb. CIF China

Tin: Kuala Lumpur Tin Market, US$21.57/kg

Tungsten: APT Tungstate FOB China mid-mkt: US$390.00 per mtu; APT U.S. mid-mkt: US$407.50 per mtu

Uranium: U3O8, Trade Tech spot price: US$45.75/lb.; Uranium Exchange Co. spot price: N.A.

Ferrovanadium: Free Market V2O5, recent trades US$5.25-5.50/lb.; US Ferrovanadium: US$12.75-13.00

Prices current Oct. 16, 2012

Daily metal prices
Date	Oct-15	Oct-12	Oct-11	Oct-10	Oct-09
BASE METALS	(London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Al Alloy	1840/1860	1850/1875	1885/1920	1891/1910	1910/1940
Aluminum	1949.50/1974	1974.50/1997	1992/2019	1991/2020	2040/2070
Copper	8129/8121	8178/8175	8210/8212	8124/8127	8182.50/8189
Lead	2138.50/2145	2168/2164	2207/2212	2214.50/2220	2250.50/2257
Nickel	17200/17290	17230/17300	17640/17700	17730/17825	17925/17995
Tin	21200/21120	21780/21795	22025/22150	21680/21700	22100/22055
Zinc	1887/1926	1900/1939	1950/1988	1951.50/1992	1998/2034.50

PRECIOUS METAL PRICES (London fix, US$ per t roy oz.)
Gold AM	1747.25	1767	1767.25	1763	1770.75
Gold PM	1736	1766.75	1769	1761.25	1774
Silver	33.22	33.79	34.25	33.79	33.87
Platinum	1641	1678	1681	1671	1695
Palladium	637	650	649	650	660

Exchnage rates
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Date	Oct-15	Oct-12	Oct-11	Oct-10	Oct-09
US$ in C$	0.9784	0.9799	0.9782	0.9787	0.9788
C$ in US$	1.0221	1.0205	1.0223	1.0218	1.0217

EXCHANGE RATES (Bank of Canada, October 15, 2012)
Currency	Aus $	Euro	Japan	Mex P	SA Rand	UK £
In C$	1.0024	1.2669	0.01242	0.07633	0.111	1.5721
In US$	1.0245	1.2949	0.01269	0.07802	0.1135	1.6068

Canadian gold mutual funds
Fund name	Oct. 15	Oct. 9	Change	Change	YTD	MER*	Assets*
	($)	($)	($)	(%)	(%)	(%)	(M$)
AGF Pr Mtl	32.26	33.33	-5.67	-17	-2.54	2.56	698.9
Altamira Pr & Str Mtl	16.02	16.34	-5.71	-34.9	-3.83	2.35	83.5
BMO Junior Gold Index ETF	16.49	16.41	-2.78	4.3	-3.22	0.58	108.4
BMO Pr Mtl	24.97	25.56	-2.75	-10.8	0.69	2.29	133.6
CIBC Pr Mtl	19.5	20.17	-4.62	-22.9	-1.34	2.4	141.8
Dynamic Can Pr Mtl	14.56	15.03	-6.43	-42.8	-3.41	1.65	811.6
London Life Pr Mtl (MX)	37.34	38.64	-8.38	-21.7	-5.2	3.37	259.2
Mackenzie Un Pr Mtl C$	17.74	18.35	-7.63	-41.6	-4.45	2.44	569.9
Middlefield Precious Metals	13.23	13.54	-12.38	-91.4	-10.31	2.48	8.5
Quadrus Mack Un Pr Mtl	20.44	21.14	-7.72	-36.5	-4.6	2.7	66.7
RBC Global Pr Mtl	44.03	45.08	-3.19	-7.1	-0.9	2.04	1380.4
Sentry Pr Mtl Growth	59.44	60.25	2.76	4.6	4.2	2.75	731.5
Sprott Gold and Pr Minls	54.59	56.06	-11.45	-20.4	-9.1	2.84	854
Sprott Gold and Pr Minls F	57.64	59.17	-10.69	-18.1	-8.3	1.78	n/a
TD Pr Mtl	54.29	55.84	-7.05	-12.6	-4.4	2.15	313.9
TD Pr Mtl-A	11.48	11.8	-7.18	-60.8	-8	2.31	n/a
iShares Can Gold Sector Index	21.31	21.68	-5.17	-23.8	-3.5	0.55	1063.3
Featured Fund: RBC Global Precious Metals as of 06/30/12 (in weighted order): Goldcorp, Barrick Gold, Yamana Gold, Preseus mining, Eldorado Gold, New Gold, Allied Nevada Gold, rio Alto Mining, B2 Gold, Tahoe Resources. Fund Manager: Chris Beer.

North American stock exchange indices
						52-week
Date	Oct-15	Oct-12	Oct-11	Oct-10	Oct-09	High	Low
TSX Composite	12229.96	12202.04	12233.95	12212.42	12273.57	12788.63	11209.55
S&P/TSX-Ven Comp	1282.73	1292.81	1299.94	1302.15	1327.81	1696.14	1153.9
S&P TSX 60	698.5	696.13	698.5	697.08	700.88	728.03	637.7
Global Gold	333.69	335.02	339.5	339.79	337.41	437.84	265.99
TSX Metals & Mining	905.36	906.02	910.24	898.22	905.64	1258.22	781.13
Gold & Silver XAU	185.15	184.9	188.3	187.43	186.13	216.79	140.94
Amex Gold Bugs	495.32	495.53	503.95	501.8	499.64	614.62	372.74

TSX short positions
Short positions outstanding at Sept. 30/12 (with changes from Sept. 15/12).

Largest short positions
Lundin Mining	LUN	44705275	-735227
New Gold	NGD	43626096	505851
Osisko Mining	OSK	25855920	-200269
Thompson Creek	TCM	21371244	370844
Kinross Gold	K	17300525	10868417
Argonaut Gold	AR	17005526	955788
Eldorado Gold	ELD	16770907	-1.1E+07
Uranium One	UUU	16453044	-467142
Dundee Prec.	DPM	15801373	376318
Aurico Gold	AUQ	14896995	-91085
Great Basin	GBG	14477498	-2996846
First Quantum	FM	13419290	3762584
Tahoe Res.	THO	13394221	69945
Barrick Gold	ABX	11376742	6657848
Canfor	CFP	10929013	68883
Largest increase in short position
Kinross Gold	K	17300525	10868417
Barrick Gold	ABX	11376742	6657848
B2gold	BTO	10188941	5812609
First Quantum	FM	13419290	3762584
Silver Wheaton	SLW	7806236	3163240
Largest decrease in short position
Yamana Gold	YRI	2239550	-1.5E+07
Eldorado Gold	ELD	16770907	-1.1E+07
Cameco	CCO	2121787	-8951300
Potash Corp	POT	2440587	-4354771
Mercator Minerals	ML	67938	-3042872

TSX Venture short positions
Short positions outstanding at Sept. 30/12 (with changes from Sept. 15/12).

Largest short positions
Sandstorm Gold	SSL	3082946	639725
Barkerville Gold	BGM	2465417	322799
Goldquest Mining	GQC	1358402	-177598
Great Western	GWG	1081355	-169941
True North Gems	TGX	1000000	1000000
Aurcana	AUN	942905	-307406
Balmoral Resources	BAR	852925	644745
Kaminak Gold	KAM	809471	-4294
ATAC Resources	ATC	754617	-149916
Argex Titanium	RGX	726572	354441
Unigold	UGD	506706	-77794
Oremex Silver	OAG	467000	233000
Bear Creek Mining	BCM	450139	45719
Majestic Gold	MJS	392000	383000
Rockridge Capital	RRC	360000	360000
Largest increase in short position
True North Gems	TGX	1000000	1000000
Balmoral Resources	BAR	852925	644745
Sandstorm Gold	SSL	3082946	639725
Majestic Gold	MJS	392000	383000
Rockridge Capital	RRC	360000	360000
Largest decrease in short position
Diamonds North	DDN	271	-1985000
Sunridge Gold	SGC	65895	-1763979
Zone Resources	ZNR	0	-715000
Saturn Minerals	SMI	0	-704500
Focus Graphite	FMS	214985	-616436