Metals, mining and money markets

Spot prices
Courtesy of Scotiabank
Tuesday, May 6 2014
Precious Metals Price (US$/oz.) Change
Gold $1,390.75 -20.75
Silver $19.51 -0.26
Platinum $1,410.00 -39
Palladium $784.00 -12
     
Base Metals Price (US$/tonne) Change
Nickel $18,505.00 240
Lead $2,109.25 19.25
Copper $6,703.50 -15
Zinc $2,046.75 7
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 2, 2014 (change from April 25, 2014 in brackets):
Aluminium Alloy 54440 0
Aluminium 5347750 (+8425)
Copper 229800 (-9150)
Lead 193875 (+600)
Nickel 279528 (+1794)
Tin 9540 (+90)
Zinc 767800 (-18675)

Producer and dealer prices

Antimony FOB China: Mid-mkt US$9,400/t
Bismuth: Mid-mkt US$10.40/lb.
Cadmium 99.9: Mid-mkt US$0.90/lb.
Coal: CME Group Central Appalachian Coal Futures
June 2014: US$63.43; July 2014: US$64.02
Cobalt 99.8: US$15.00/lb.
Copper: Comex Copper Futures June 2014: US$3.046/lb.; Comex July 2014: $3.036/lb.
Germanium: US$1,950/kg.
Germanium Dioxide: US$1,375/kg
Gallium: US$300/kg
Indium: NY Dealer Mid-mkt US$755.00/kg.
Iridium: Mid-mkt US$580.00/tr. oz.
Magnesium FOB China: Mid-mkt US$2,700.00/t.
Manganese FOB China: Mid-mkt US$2250.00/t.
Mercury (flask): US$3,300
Molybdenum Oxide: US$13.50/lb.
Rhodium: Mid-mkt US$1,116.00/tr. oz.
Ruthenium: Mid-mkt US$72.00/tr. oz.
Selenium: Mid-mkt US$28.00/lb.
Silver: Base: US$19.35; Fabricated: US$23.21; Sterling: US$17.94
Tungsten: APT Tungstate FOB China mid-mkt: US$370.00 per mtu
Uranium: U3O8, Trade Tech spot price: US$29.00/lb.; Uranium Exchange Co. spot price: US$29.00/lb.
Ferrovanadium: US$26.50/kg; Vanadium-Pentoxide: US$6.00/lb.
Prices current May 7, 2014

Daily metal prices
Date 5-May 2-May 1-May 30-Apr 29-Apr
BASE METALS  (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Al Alloy 1850/1885 1850/1885 1880/1920 1905/1940 1895/1930
Aluminum 1736/1777 1736/1777 1736/1780.50 1769/1811.50 1779/1821
Copper 6698/6665 6698/6665 6670/6641 6723/6710 6768/6749.50
Lead 2060/2081 2060/2081 2070/2094 2088/2114.50 2094.50/2122
Nickel 18180/18225 18180/18225 18060/18060 18175/18250 18225/18300
Tin 22950/22850 22950/22850 23025/23000 23150/23075 23585/23445
Zinc 2012/2012 2012/2012 2025/2028.50 2053.50/2054.50 2051.50/2055
           
PRECIOUS METAL PRICES (London fix, US$ per troy oz.)
Gold AM N/A 1285 1283 1292 1289.75
Gold PM N/A 1281.25 1278.5 1288.5 1297.75
Silver N/A 19.17 19.06 19.28 19.33
Platinum N/A 1425 1412 1424 1424
Palladium N/A 816 815 803 799.5
Exchange rates  
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)  
Date 5-May 2-May 1-May 30-Apr 29-Apr  
US$ in C$ 1.0955 1.0973 1.0965 1.0957 1.0963  
C$ in US$ 0.9128 0.9113 0.912 0.9127 0.9122  
             
EXCHANGE RATES (Bank of Canada, May 5, 2014)
Currency Aus $ Euro Japan Mex P SA Rand UK £
In C$ 1.0161 1.521 0.01073 0.08421 0.1041 1.8481
In US$ 0.9275 1.3884 0.0098 0.07687 0.09503 1.687
Canadian gold mutual funds
Fund name  May 5  Apr. 28 Change Change YTD MER* Assets*
  ($) ($) ($) (%) (%) (%) (M$)
AGF Pr Mtl 20.08 20.17 -0.09 -0.004 18.96 2.56 698.9
Altamira Pr & Str Mtl 10.26 10.19 0.07 0.007 20 2.35 83.5
BMO Junior Gold Index ETF 7.57 7.58 -0.01 -0.001 23.15 0.58 108.4
BMO Pr Mtl 15.08 15.19 -0.11 -0.007 16.06 2.29 133.6
CIBC Pr Mtl 11.19 11.25 -0.06 -0.005 22.06 2.4 141.8
Dynamic Can Pr Mtl 6.9 6.92 -0.02 -0.003 28.01 1.65 811.6
London Life Precious Mtl 22.63 22.42 0.21 0.009 30.36 3.37 259.2
Middlefield Precious Metals 7.22 7.19 0.03 0.004 23.75 2.48 8.5
RBC Global Pr Mtl 26.36 26.32 0.04 0.002 18.21 2.04 1380.4
Sentry Pr Mtl Growth 34.03 33.72 0.31 0.009 31.56 2.75 731.5
Sprott Gold and Pr Minls 29.93 29.94 -0.01 0 23.84 2.84 854
Sprott Gold and Pr Minls F 32.09 32.1 -0.01 0 24.29 1.78 n/a
TD Pr Mtl 33.22 33.17 0.05 0.002 17.72 2.15 313.9
TD Pr Mtl-A 7.01 6.99 0.02 0.003 17.67 2.31 n/a
iShares TSX Global Gold Index 11.58 11.55 0.03 0.003 19.09 0.55 802.1
Featured fund: London Life Precious Metals top holdings as of 01/31/14 (in weighted order): Randgold Resources, Goldcorp, AngloGold Ashanti, Detour Gold, Barrick Gold, Royal Gold, Yamana Gold, Largo Resources, B2Gold. Fund manager: Benoit Gervais.
North American stock exchange indices
            52-week
Date 5-May 2-May 1-May 30-Apr 29-Apr High Low
TSX Composite 14697.03 14765.15 14664.07 14651.87 14583.11 14765.15 11759.04
S&P/TSX-Ven Comp 1009.45 1014.46 1006.52 1001.5 1000.05 1050.26 859.31
S&P TSX 60 835.05 838.3 842.81 837.86 837.58 843.05 677.55
Global Gold 185.69 185.89 181.68 183.73 185.14 218.9 149.29
TSX Metals & Mining 848.46 868.66 869.42 862.6 857.61 876.29 662.2
Gold & Silver XAU 92.73 93 90.99 92.26 92.88 196.71 82.29
Amex Gold Bugs 227.4 226.58 222.3 225.67 226.97 291.07 188.39
TSX short positions
Short positions outstanding at May. 1/14 (with changes from Apr. 30/14).
Largest short positions
Lundin Mining  LUN 59585967 -4247415
Kinross Gold  K 40404398 13262518
New Gold  NGD 38447451 -638054
Potash Corp POT 27124099 8809890
Detour Gold  DGC 23352717 720802
Yamana Gold  YRI 22488201 14851713
Tahoe Resources THO 18866919 -1852
B2gold  BTO 17882647 317214
Eldorado Gold  ELD 15975067 597079
First Quantum  FM 15292553 11365814
Teck Resources  TCK.B 14622655 8783299
Thompson Creek  TCM 13507243 -424373
Dundee Precious  DPM 12495241 689077
Argonaut Gold  AR 11844324 -275726
Cameco   CCO 11217941 6604896
Largest increase in short position
Yamana Gold  YRI 22488201 14851713
Kinross Gold K 40404398 13262518
First Quantum  FM 15292553 11365814
Potash Corp. POT 27124099 8809890
Teck Resources  TCK.B 14622655 8783299
Largest decrease in short position
NAP PDL 4440226 -1.9E+07
Barrick Gold  ABX 7117987 -1.8E+07
Lundin Mining  LUN 59585967 -4247415
Osisko Mining  OSK 5416377 -2972146
MBAC Fertilizer  MBC 277745 -2606600
TSX Venture short positions
Short positions outstanding at May. 1/14 (with changes from Apr. 30/14).
Largest short positions
Everton Resources EVR 25930710 8976015
Red Pine Exploration  RPX 1545000 1039000
ATAC Resources   ATC 1016452< /td>

4400
Gold Standard        GSV 1000400 749100
Yangarra Resources  YGR 985200 696000
Fission Uranium  FCU 960292 -1594750
Donner Metals          DON 795971 396231
Geomega Resources  GMA 615200 11500
Brazil Resources  BRI 518000 448000
Scorpio Gold  SGN 470500 466500
Arianne Phosphate  DAN 456500 52500
Fission 3.0        FUU 446600 -12526
Jet Gold          JAU 400000 280500
New Dimension         NDR 400000 400000
Golden Valley        GZZ 359500 351500
Largest increase in short position
Everton Resources  EVR 25930710 8976015
Red Pine Explr.  RPX 1545000 1039000
Gold Standard        GSV 1000400 749100
Yangarra Resources  YGR 985200 696000
Scorpio Gold         SGN 470500 466500
Largest decrease in short position
West Kirkland    WKM 0 -1922000
Fission Uranium  FCU 960292 -1594750
Red Eagle Mining  RD 5000 -1423000
Encanto Potash   EPO 0 -1176000
Parallel Mining  PAL 0 -922600
Print

 

Republish this article

Be the first to comment on "Metals, mining and money markets"

Leave a comment

Your email address will not be published.


*


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close