Metals, mining and money markets

Spot prices
Courtesy of Scotiabank
Tuesday, January 14, 2014    
Precious Metals Price (US$/oz.) Change
Gold $1,248.75 11.2
Silver $20.27 0.25
Platinum $1,429.00 20
Palladium $736.00 0
     
Base Metals Price (US$/tonne) Change
Nickel $14,326.00 119
Lead $2,188.75 23.75
Copper $7,304.00 -25
Zinc $2,079.25 16
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, January 13, 2014 (change from January 6, 2014 in brackets):
Aluminium Alloy 56340 (-100)
Aluminium 5430750 (-24650)
Copper 340775 (-15350)
Lead 212500 (-2500)
Nickel 261648 (+768)
Tin 9620 (-35)
Zinc 901300 (-21550)

Producer and dealer prices

Antimony FOB China: Mid-mkt US$9,700/t
Bismuth: Mid-mkt US$9.40/lb.
Cadmium 99.9: Mid-mkt US$0.90/lb.
Coal: CME Group Central Appalachian Coal Futures
Feb. 2014: US$56.95; Mar. 2014: US$56.40
Cobalt 99.8: US$12.75/lb.
Copper: Comex Copper Futures Feb. 2014: US$3.38/lb.; Comex Mar. 2014: $3.36/lb.
Germanium: US$1850/kg.
Indium: NY Dealer Mid-mkt US$690.00/kg.
Iridium: Mid-mkt US$403.00/tr. oz.
Magnesium FOB China: Mid-mkt US$2,900.00/t.
Manganese FOB China: Mid-mkt US$2,450.00/t.
Molybdenum Oxide: US$10.00/lb.
Rhodium: Mid-mkt US$987.50/tr. oz.
Ruthenium: Mid-mkt US$57.00/tr. oz.
Selenium: Mid-mkt US$28.00/lb.
Silver: Base: US$20.17; Fabricated: US$24.20; Sterling: US$18.70
Tungsten: APT Tungstate FOB China mid-mkt: US$380.00 per mtu
Uranium: U3O8, Trade Tech spot price: US$35.00/lb.; Uranium Exchange Co. spot price: US$35.00/lb.
Ferrovanadium: US$25.50/kg; Vanadium-Pentoxide: US$6.00/lb.
Prices current Jan. 15, 2014

Daily metal prices
Date 13-Jan 10-Jan 9-Jan 8-Jan 7-Jan
BASE METALS  (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Al Alloy 1760/1790 1765/1805 1783/1810 1805/1830 1800/1835
Aluminum 1715.50/1761 1715.50/1760 1712.50/1757 1736/1782 1732.50/1780
Copper 7305/7275 7283/7257 7281/7263 7367/7355 7353/7334
Lead 2118/2140.50 2096/2121 2092.50/2118 2126.50/2155.50 2156/2180.50
Nickel 13975/14040 13675/13715 13360/13420 13440/13500 13475/13540
Tin 21900/21895 21835/21810 21800/21795 22050/22040 21715/21720
Zinc 2035/2042 2019.50/2026 2014/2017.50 2045.50/2048 2050/2040
           
PRECIOUS METAL PRICES (London fix, US$ per troy oz.)
Gold AM 1246 1232.25 1226 1226.5 1237.5
Gold PM 1248 1244.25 1226 1221 1227.5
Silver 20.09 19.8 19.54 19.52 20.02
Platinum 1436 1425 1415 1405 1414
Palladium 740 737 736 735 737
Exchange rates  
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)  
Date 13-Jan 10-Jan 7-Jan 8-Jan 7-Jan  
US$ in C$ 1.0869 1.0917 1.0851 1.0804 1.0742  
C$ in US$ 0.92 0.916 0.9216 0.9256 0.9309  
             
EXCHANGE RATES (Bank of Canada, Jan 13, 2014)
Currency Aus $ Euro Japan Mex P SA Rand UK £
In C$ 0.984 1.4832 0.01052 0.08352 0.1008 1.7801
In US$ 0.9053 1.3646 0.00968 0.07684 0.09274 1.6378
Canadian gold mutual funds
Fund name  Jan. 6  Dec. 30 Change Change YTD MER* Assets*
  ($) ($) ($) (%) (%) (%) (M$)
AGF Pr Mtl 17.39 16.5 -5.67 -39.4 3.02 2.56 698.9
Altamira Pr & Str Mtl 8.91 8.46 -5.71 -37.7 4.21 2.35 83.5
BMO Junior Gold Index ETF 6.56 6.2 -2.78 -51.5 6.71 0.58 108.4
BMO Pr Mtl 13.58 12.78 -2.75 -39.2 4.48 2.29 133.6
CIBC Pr Mtl 9.52 8.98 -4.62 -41.1 3.86 2.4 141.8
Dynamic Can Pr Mtl 5.66 5.34 -6.43 -52 5.01 1.65 811.6
London Life Precious Mtl 18.11 17.14 -8.38 -44.2 4.28 3.37 259.2
Middlefield Precious Metals 6.14 5.76 -12.38 -46.1 5.33 2.48 8.5
RBC Global Pr Mtl 23.03 21.84 -3.19 -39.9 3.28 2.04 1380.4
Sentry Pr Mtl Growth 27.21 25.24 2.76 -46.8 5.22 2.75 731.5
Sprott Gold and Pr Minls 25.41 23.92 -11.45 -47.8 5.12 2.84 854
Sprott Gold and Pr Minls F 27.15 25.54 -10.69 -47.4 5.15 1.78 n/a
TD Pr Mtl 29.34 27.57 -7.05 -37.3 3.97 2.15 313.9
TD Pr Mtl-A 6.19 5.82 -7.18 -37.4 3.95 2.31 n/a
iShares TSX Global Gold Index 10.21 9.69 -5.17 -42.1 4.62 0.55 802.1
Featured fund: CIBC Precious Metals top holdings as of 09/30/13 (in weighted order): Randgold Resources, B2Gold, New Gold, Silver Wheaton, Primero Mining, Goldcorp, Agnico Eagle Mines, Tahoe Resources, Yamana Gold. Fund manager: Craig Porter. 
North American stock exchange indices
            52-week
Date 13-Jan 10-Jan 9-Jan 8-Jan 7-Jan High Low
TSX Composite 13681.48 13747.52 13629.41 13614.63 13596.93 13771.13 11759.04
S&P/TSX-Ven Comp 964.88 966.55 956.7 956.16 949.83 1247.01 859.31
S&P TSX 60 787.47 791.21 784.01 782.09 780.11 792.35 677.55
Global Gold 170.35 166.69 160.69 162.04 163.71 301.48 149.29
TSX Metals & Mining 782.73 779.75 769.71 784.27 778.51 1048.64 662.2
Gold & Silver XAU 89.07 87.05 84.2 85.77 86.93 164.87 79.72
Amex Gold Bugs 210.22 204.02 198.05 201 204.25 438.22 188.39
TSX short positions
Short positions outstanding at Dec. 31/13 (with changes from Dec. 15/13).
Largest short positions
Lundin Mining  LUN 60372644 -2521787
New Gold  NGD 46377287 -827821
Osisko Mining  OSK 43675171 -45619
Barrick Gold  ABX 32416329 8389482
Detour Gold  DGC 23987694 -3424279
Turquoise Hill  TRQ 22891418 6079235
Tahoe Res. THO 19169922 -54622
Kinross Gold K 17998088 -1.6E+07
B2gold    BTO 17770998 329134
Thompson Creek  TCM 16178200 -197808
Dundee Prec.  DPM 13186210 -451283
Argonaut Gold  AR 11219782 104825
Potash Corp POT 10560180 -2033748
First Majestic  FR 10487766 -946071
First Quantum  FM 10412115 4063432
Largest increase in short position
Barrick Gold  ABX 32416329 8389482
Teck Resources  TCK.B 7867322 6412584
Turquoise Hill  TRQ 22891418 6079235
First Quantum  FM 10412115 4063432
Primero Mining  P 2718644 2199928
Largest decrease in short position
Eldorado Gold  ELD 9097158 -1.7E+07
Kinross Gold  K 17998088 -1.6E+07
Cameco        CCO 3746453 -6251886
Kirkland Lake  KGI 3845618 -5546920
Turquoise Hill  TRQ.RT 4960705 -3655413
TSX Venture short positions
Short positions outstanding at Dec. 31/13 (with changes from Dec. 15/13).
Largest short positions
Fission 3.0      FUU 1081027 -252690
Global Cobalt    GCO 1065000 1065000
Tasman Metals     TSM 698605 -88300
Great Western Min GWG 674500 -191000
Sirios Resources SOI 634500 157000
Eastcoal         ECX 600405 600000
Rusoro Mining     RML 589600 589600
Graphite One     GPH 561000 361000
Fission Uranium  FCU 390091 -1189465
Arianne Phosphate  DAN 331400 33600
Sunridge Gold     SGC 248000 -78000
Bellhaven Copper BHV 246000 196000
Zenyatta Ventures  ZEN 227006 -90900
Great Quest Metals  GQ 169066 165166
Mukuba Resources MKU 169000 0
Largest increase in short position
Global Cobalt  GCO 1065000 1065000
Eastcoal  ECX 600405 600000
Rusoro Mining  RML 589600 589600
Graphite One  GPH 561000 361000
Bellhaven Copper  BHV 246000 196000
Largest decrease in short position
Fission Uranium  FCU 390091 -1189465
Mason Graphite    LLG 59000 -363800
Big North Graphite  NRT 0 -355000
New Destiny Mining  NED 0 -300000
Fission 3.0       FUU 1081027 -252690
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