Metals, mining, stocks and money markets

Spot prices
Courtesy of Scotiabank
Tuesday, October 30, 2012
Precious Metals	Price (US$/oz.)	Change
Gold	$1,713.50	-3.5
Silver	$31.98	0.27
Platinum	$1,548.00	-40
Palladium	$594.00	-19

Base Metals	Price (US$/tonne)	Change
Nickel	$16,049.00	80
Lead	$2,042.25	36.25
Copper	$7,738.75	41
Zinc	$1,855.25	30

LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, October 29, 2012 (change from October 22 in brackets):
Aluminium Alloy	90840	(+14340)
Aluminium	5060825	(-2050)
Copper	240450	(+18025)
Lead	326675	(+26500)
Nickel	128934	(+1800)
Tin	11750	(-5)
Zinc	1174325	(+59900)

Producer and Dealer Prices

Antimony: Mid-mkt US$12,750.00/t
Bismuth: Mid-mkt US$9.25/lb.
Cadmium: Mid-mkt US$0.88/lb.
Coal: CME Group Central Appalachian Coal Futures
December 2012: US$59.40; January 2013: US$60.93
Cobalt: Recent trades US$12.70-13.50/lb.
Copper: Comex Copper Futures November 2012: US$3.50/lb.; Comex December 2012: $3.51/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$2,625.00/t.
Mercury: Mid-mkt US$1,850.00/flask (76 lb.).
Molybdenum: Oxide, recent trades US$11.00-11.10/lb.
Rhodium: Mid-mkt US$1,100.00/tr. oz.
Ruthenium: Mid-mkt US$92.50/tr. oz.
Selenium: Mid-mkt US$45.00/lb.
Silver: Base: US$31.80; Fabricated: US$38.16; Sterling: US$29.49
Tantalum: Ta2O5 ore, mid-mkt US$125/lb. CIF China
Tin: Kuala Lumpur Tin Market, US$20.05/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$43.50/lb.; Uranium Exchange Co. spot price: N.A.
Ferrovanadium: Free Market V2O5, recent trades US$5.00-5.25/lb.; US Ferrovanadium: US$12.50-12.75
Prices current Oct. 29, 2012

Daily metal prices

Date	29-Oct	26-Oct	25-Oct	24-Oct	23-Oct
BASE METALS	(London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Al Alloy	1810/1819	1801/1825	1780/1810	1780/1800	1815/1840
Aluminum	1873/1901	1899/1925	1909/1936	1906.50/1932	1913/1941
Copper	7719/7710	7764.50/7765	7851.50/7846	7860/7859	7860/7859.50
Lead	2009/2005	2001/1995	2029/2023	2019.50/2015.50	2023.50/2025.50
Nickel	15865/15920	16095/16095	16400/16425	16290/16300	16180/16285
Tin	19840/19895	19900/19945	20500/20550	20350/20250	20475/20350
Zinc	1784/1820	1792/1832	1821/1858	1808.50/1854	1796/1836
PRECIOUS METAL PRICES (London fix, US$ per troy oz.)
Gold AM	1712	1704	1715	1708.5	1767
Gold PM	1707	1716	1715.5	1706.5	1766.75
Silver	31.82	31.67	32.08	31.95	33.79
Platinum	1539	1561	1572	1577	1678
Palladium	593	604	605	600	650

Exchange rates

PRECIOUS METAL PRICES (London fix, US$ per troy oz.)
Gold AM	1712	1704	1715	1708.5	1767
Gold PM	1707	1716	1715.5	1706.5	1766.75
Silver	31.82	31.67	32.08	31.95	33.79
Platinum	1539	1561	1572	1577	1678
Palladium	593	604	605	600	650

CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Date	29-Oct	26-Oct	25-Oct	24-Oct	23-Oct
US$ in C$	0.9996	1.001	1.0058	1.0054	1.0066
C$ in US$	1.0004	0.999	0.9942	0.9946	0.9934
EXCHANGE RATES (Bank of Canada, October 15, 2012)
Currency	Aus $	Euro	Japan	Mex P	SA Rand	UK £
In C$	1.0332	1.291	0.01253	0.07641	0.115	1.6031
In US$	1.0328	1.2905	0.01252	0.07638	0.115	1.6025

Canadian gold mutual funds
Fund name	Oct. 29	Oct. 22	Change	Change	YTD	MER*	Assets*
	($)	($)	($)	(%)	(%)	(%)	(M$)
AGF Pr Mtl	32.03	31.6	-5.67	-17.9	-6.35	2.56	698.9
Altamira Pr & Str Mtl	16.06	15.72	-5.71	-36.3	-5.41	2.35	83.5
BMO Junior Gold Index ETF	16.17	16.06	-2.78	4.3	-4.66	0.58	108.4
BMO Pr Mtl	24.84	24.5	-2.75	-11.2	-3.28	2.29	133.6
CIBC Pr Mtl	19.14	19.03	-4.62	-24.3	-6.41	2.4	141.8
Dynamic Can Pr Mtl	14.21	14.17	-6.43	-45.4	-8.68	1.65	811.6
London Life Pr Mtl (MX)	37.11	36.52	-8.38	-22.9	-8.95	3.37	259.2
Mackenzie Un Pr Mtl C$	17.63	17.35	-7.63	-44	-8.17	2.44	569.9
Middlefield Precious Metals	13.21	12.94	-12.38	-95.7	-12.49	2.48	8.5
Quadrus Mack Un Pr Mtl	20.32	19.99	-7.72	-38.6	-8.3	2.7	66.7
RBC Global Pr Mtl	43.92	43.28	-3.19	-7.4	-3.5	2.04	1380.4
Sentry Pr Mtl Growth	59.21	58.59	2.76	4.7	2.4	2.75	731.5
Sprott Gold and Pr Minls	53.94	53.15	-11.45	-21.5	-12.5	2.84	854
Sprott Gold and Pr Minls F	56.98	56.13	-10.69	-19	-11.7	1.78	n/a
TD Pr Mtl	53.89	52.94	-7.05	-13.3	-7.7	2.15	313.9
TD Pr Mtl-A	11.39	11.19	-7.18	-64.2	-7.9	2.31	n/a
iShares Can Gold Sector Index	21.22	20.77	-5.17	-24.9	-5.57	0.55	1063.3
Featured Fund: Sentry Precious Metals as of 06/30/12 (in weighted order): Allied Nevada Gold, Semafo, AuRico Gold, Rio Alto Mining, Osisko Mining, B2Gold, Alamos Gold, Timmins Gold, Golden Star Resources. Fund Manager: Kevin MacLean.

North American stock exchange indices
						52-week
Date	29-Oct	26-Oct	25-Oct	24-Oct	23-Oct	High	Low
TSX Composite	12312.75	12300.3	12300.23	12195.02	12225.84	12788.63	11209.55
S&P/TSX-Ven Comp	1291.43	1300.84	1305.54	1288.75	1289.5	1696.14	1153.9
S&P TSX 60	705.66	704.45	704.14	697.59	698.51	728.03	637.7
Global Gold	338.52	336.4	337.23	327.63	333.11	437.84	265.99
TSX Metals & Mining	912.76	921.64	931.83	932.2	920.06	1258.22	781.13
Gold & Silver XAU	N/A	182.72	184.14	179.3	182.4	216.79	140.94
Amex Gold Bugs	N/A	491.33	495.55	480.16	488.38	614.62	372.74

TSX short positions
Short positions outstanding at Oct. 15/12 (with changes from Sept. 30/12).
Largest short positions
New Gold	NGD	47507243	3881147
Lundin Mining	LUN	45133205	427930
Osisko Mining	OSK	25844444	-11476
Kinross Gold	K	24956684	7656159
Thompson Creek	TCM	22107412	736168
AuRico Gold	AUQ	17891792	2994797
Argonaut Gold	AR	17549507	543981
Uranium One	UUU	16197755	-255289
Dundee Prec	DPM	15848274	46901
Eldorado Gold	ELD	14435661	-2335246
Tahoe Res	THO	13618611	224390
Barrick Gold	ABX	13606014	2229272
B2gold	BTO	11163252	974311
Detour Gold	DGC	10561046	89409
Teck Resources	TCK.B	9992874	2838988
Largest increase in short position
Kinross Gold	K	24956684	7656159
New Gold	NGD	47507243	3881147
AuRico Gold	AUQ	17891792	2994797
Teck Resources	TCK.B	9992874	2838988
Yamana Gold	YRI	4920569	2681019
Largest decrease in short position
Great Basin Gold	GBG	3879779	-1.1E+07
First Quantum	FM	8078418	-5340872
Iamgold	IMG	3748559	-3458887
Belo Sun Mining	BSX	159045	-2401367
Eldorado Gold	ELD	14435661	-2335246

TSX Venture short positions
Short positions outstanding at Oct. 15/12 (with changes from Sept. 30/12).
Largest short positions
Sandstorm Gold	SSL	4085107	1002161
Castillian Resources	CT	3500000	3500000
Barkerville Gold	BGM	2928917	463500
Happy Creek	HPY	2301000	2300000
Discovery Ventures	DVN	2100000	2100000
Goldquest Mining	GQC	1646021	287619
Metalcorp	MTC	1500000	1500000
Frontline Gold	FGC	1400000	1400000
Silvercrest Mines	SVL	1263910	1145436
Aurcana	AUN	1263305	320400
Silvermet	SYI	1250000	1250000
Great Western	GWG	1138188	56833
Argex Titanium	RGX	1131572	405000
Buchans Minerals	BMC	1100000	1100000
Northern Abitibi	NAI	1050000	1050000
Largest increase in short position
Castillian Resources	CT	3500000	3500000
Happy Creek Min	HPY	2301000	2300000
Discovery Ventures	DVN	2100000	2100000
Metalcorp	MTC	1500000	1500000
Frontline Gold	FGC	1400000	1400000
Largest decrease in short position
True North Gems	TGX	0	-1000000
Kaminak Gold	KAM	12271	-797200
Majestic Gold	MJS	0	-392000
Balmoral Resources	BAR	490685	-362240
Rockridge Capital	RRC	0	-360000