Metals, mining and money markets

Spot prices

Spot prices
Courtesy of Scotiabank
Tuesday, November 13, 2012
Precious Metals	Price (US$/oz.)	Change
Gold	$1,724.75	33
Silver	$32.58	1.18
Platinum	$1,578.00	30
Palladium	$613.00	0
Base Metals	Price (US$/tonne)	Change
Nickel	$16,052.00	0
Lead	$2,148.50	-5.75
Copper	$7,660.50	24.75
Zinc	$1,931.00	-0.5

LME warehouse levels

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, November 12, 2012 (change from November 5 in brackets):
Aluminium Alloy	90080	0
Aluminium	5105800	(+26425)
Copper	245500	(+4175)
Lead	331025	(+11975)
Nickel	129792	(-336)
Tin	11680	(-355)

Producer and Dealer Prices

Antimony: Mid-mkt US$12,350.00/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$60.93; January 2013: US$62.10
Cobalt: Recent trades US$11.80-13.00/lb.
Copper: Comex Copper Futures December 2012: US$3.455/lb.; Comex January 2013: $3.464/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$10.85-11.05/lb.
Rhodium: Mid-mkt US$1,050.00/tr. oz.
Ruthenium: Mid-mkt US$90.00/tr. oz.
Selenium: Mid-mkt US$45.00/lb.
Silver: Base: US$32.62; Fabricated: N.A.; Sterling: N.A.
Tantalum: Ta2O5 ore, mid-mkt US$125/lb. CIF China
Tin: Kuala Lumpur Tin Market, US$20.72/kg
Tungsten: APT Tungstate FOB China mid-mkt: US$335.00 per mtu
Uranium: U3O8, Trade Tech spot price: US$41.00/lb.; Uranium Exchange Co. spot price: US41.25/lb.
Ferrovanadium: Free Market V2O5, recent trades US$5.00-5.25/lb.; US Ferrovanadium: US$12.00-12.25
Prices current Nov. 14, 2012

Daily metal prices

Date	12-Nov	9-Nov	8-Nov	7-Nov	6-Nov
BASE METALS	(London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Al Alloy	1834.50/1855	1800/1825	1814/1815	1810/1821	1809.50/1830
Aluminum	1928.50/1948	1888.50/1907	1897/1920.50	1900/1928	1886.50/1913
Copper	7626/7635	7540/7536	7605/7608.50	7654/7660	7660.50/7670
Lead	2179.50/2150	2179/2156	2202/2183	2202/2175	2169/2155
Nickel	15925/15995	15885/15945	15955/15990	15995/16025	15970/16010
Tin	20470/20350	20225/20190	20545/20400	20575/20740	20745/20695
Zinc	1872.50/1901	1859/1892.50	1888/1923	1870/1906	1841.50/1881.50
PRECIOUS METAL PRICES (London fix, US$ per troy oz.)
Gold AM	1735.75	1732.75	1715	1730.5	1691.75
Gold PM	1735.25	1738.25	1717	1715.25	1691
Silver	32.63	32.16	31.7	32.14	31.4
Platinum	1567	1559	1544	1556	1543
Palladium	611	612	612	617	617

Exchange rates

CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Date	12-Nov	9-Nov	8-Nov	7-Nov	6-Nov
US$ in C$	N/A	1.0006	0.9986	0.9972	0.9936
C$ in US$	N/A	0.9994	1.0014	1.0028	1.0064
EXCHANGE RATES (Bank of Canada, October 15, 2012)
Currency	Aus $	Euro	Japan	Mex P	SA Rand	UK £
In C$	1.045	1.2736	0.01261	0.07576	0.1141	1.5909
In US$	1.0433	1.2716	0.01259	0.07564	0.1139	1.5884

Canadian gold mutual funds
Fund name	Nov. 12	Nov. 5	Change	Change	YTD	MER*	Assets*
	($)	($)	($)	(%)	(%)	(%)	(M$)
AGF Pr Mtl	31.66	31.53	-5.67	-18	-7.43	2.56	698.9
Altamira Pr & Str Mtl	15.93	15.71	-5.71	-36.3	-6.24	2.35	83.5
BMO Junior Gold Index ETF	15.67	15.81	-2.78	4.3	-7.57	0.58	108.4
BMO Pr Mtl	24.31	24.36	-2.75	-11.3	-5.35	2.29	133.6
CIBC Pr Mtl	18 .78	18.86	-4.62	-24.5	-8.16	2.4	141.8
Dynamic Can Pr Mtl	14.01	13.94	-6.43	-46.1	-9.96	1.65	811.6
London Life Pr Mtl (MX)	36.45	36.51	-8.38	-23	-10.57	3.37	259.2
Mackenzie Un Pr Mtl C$	17.33	17.35	-7.63	-44	-9.76	2.44	569.9
Middlefield Precious Metals	13.46	13.22	-12.38	-93.6	-10.87	2.48	8.5
Quadrus Mack Un Pr Mtl	19.96	19.99	-7.72	-38.6	-9.9	2.7	66.7
RBC Global Pr Mtl	43.34	42.99	-3.19	-7.4	-4.7	2.04	1380.4
Sentry Pr Mtl Growth	58.53	58.02	2.76	4.8	1.2	2.75	731.5
Sprott Gold and Pr Minls	53.42	53.62	-11.45	-21.4	-13.4	2.84	854
Sprott Gold and Pr Minls F	56.47	56.64	-10.69	-18.9	-12.5	1.78	n/a
TD Pr Mtl	53.12	52.88	-7.05	-13.3	-9.1	2.15	313.9
TD Pr Mtl-A	11.23	11.18	-7.18	-64.2	-9.2	2.31	n/a
iShares Can Gold Sector Index	20.35	20.19	-5.17	-25.6	-9.43	0.55	1063.3
Featured Fund: Sprott Gold and Precious Minerals as of 06/30/12 (in weighted order): Goldcorp, Barrick Gold, Franco-Nevada, Silver Wheaton, Freeport McMoran, Iamgold, Kinross Gold, Agnico-Eagle Mines, Osisko Mining, Perseus Minign, Newcrest Minign, Yamana Gold, Romarco Minerals. Fund Manager: Diana Racanelli.

North American stock exchange indices

North American stock exchange indices
						52-week
Date	12-Nov	9-Nov	8-Nov	7-Nov	6-Nov	High	Low
TSX Composite	12191.46	12196.8	12191.05	12230.59	12361.2	12788.63	11209.55
S&P/TSX-Ven Comp	1305.46	1300.92	1298.68	1290.71	1303.14	1696.14	1153.9
S&P TSX 60	697.91	697.72	696.72	699.33	708	728.03	637.7
Global Gold	329.87	334.13	338.47	334.24	329.14	431.9	265.99
TSX Metals & Mining	961.27	953.95	956.85	968.71	986.62	1258.22	781.13
Gold & Silver XAU	178.71	181.11	183.63	182.39	180.83	210.35	140.94
Amex Gold Bugs	475.12	481.21	489.03	485.56	476.84	597.24	372.74

TSX short positions

Short positions outstanding at Oct. 31/12 (with changes from Oct. 15/12).
Largest short positions
New Gold	NGD	61368755	13861512
Lundin Mining	LUN	46565978	1432773
Osisko Mining	OSK	31037235	5192791
Thompson Creek	TCM	22521910	414498
Argonaut Gold	AR	22031961	4482454
Yamana Gold	YRI	17779067	12858498
Aurico Gold	AUQ	16823151	-1068641
Uranium One	UUU	16286406	88651
Dundee Precious	DPM	15946312	98038
Kinross Gold	K	15364018	-9592666
Eldorado Gold	ELD	14314817	-120844
Tahoe Resources	THO	13680394	61783
B2gold	BTO	12338235	1174983
Detour Gold	DGC	11212316	651270
Teck Resources	TCK.B	10080303	87429
Largest increase in short position
New Gold	NGD	61368755	13861512
Yamana Gold	YRI	17779067	12858498
Potash Corp	POT	8528717	7025756
Ivanplats	IVP	5620525	5620525
Osisko Mining	OSK	31037235	5192791
Largest decrease in short position
Kinross Gold	K	15364018	-9592666
Barrick Gold	ABX	5817666	-7788348
Silver Wheaton	SLW	2929268	-4884804
Turquoise Hill	TRQ	4955534	-1075736
Aurico Gold	AUQ	16823151	-1068641

TSX Venture short positions

Short positions outstanding at Oct. 31/12 (with changes from Oct. 15/12).
Largest short positions
Sandstorm Gold	SSL	4130807	45700
Barkerville Gold	BGM	2334617	-594300
Sarama Resources	SWA	2000000	2000000
Goldquest Mining	GQC	1465416	-180605
Great Western	GWG	1125855	-12333
Tolima Gold	TOM	1000000	1000000
Atac Resources	ATC	836017	83500
Robex Resources	RBX	815432	805432
Hana Mining	HMG	642394	633382
Bear Creek Mining	BCM	538239	-61300
Argex Titanium	RGX	525640	-605932
Newton Gold	NWG	506000	506000
Pacific Bay	PBM	500390	500390
Oremex Silver	OAG	458500	99500
Largo Resources	LGO	358000	349500
Largest increase in short position
Sarama Resources	SWA	2000000	2000000
Tolima Gold	TOM	1000000	1000000
Robex Resources	RBX	815432	805432
Hana Mining	HMG	642394	633382
Newton Gold	NWG	506000	506000
Largest decrease in short position
Castillian Resources	CT	50000	-3450000
Happy Creek Min	HPY	1000	-2300000
Discovery Ventures	DVN	0	-2100000
Metalcorp	MTC	0	-1500000
Frontline Gold	FGC	0	-1400000