Posted By: Northern Miner Staff
September 24, 2014
Volume 100 Number 33 Sep 29 - Oct 5, 2014
Spot prices
Courtesy of Scotiabank
Tuesday, September 23, 2014
Precious Metals
Price (US$/oz.)
Change
Gold
$1,225.00
-13.75
Silver
$17.92
-0.83
Platinum
$1,343.00
-26
Palladium
$816.00
-23
Base Metals
Price (US$/tonne)
Change
Nickel
$17,103.00
78
Lead
$2,081.25
17.5
Copper
$6,728.00
9
Zinc
$2,255.00
15.5
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, September 22, 2014 (change from September 15, 2014 in brackets):
Aluminium Alloy
28800
(-1620)
Aluminium
4661950
(-49725)
Copper
153700
(-2675)
Lead
225275
(-600)
Nickel
339036
(+4194)
Tin
9845
(-70)
Zinc
752700
(-2025)
Producer and dealer prices
Antimony FOB China: Mid-mkt US$9,200/t Bismuth: Mid-mkt US$12.70/lb. Cadmium 99.9: Mid-mkt US$0.90/lb. Coal: CME Group Central Appalachian Coal Futures Oct. 2014: US$54.37; Nov. 2014: US$54.73 Cobalt 99.8: US$15.75/lb. Copper: Comex Copper Futures Oct. 2014: US$3.0505/lb.; Comex Nov. 2014: $3.0505/lb. Germanium: US$1,950/kg. Germanium Dioxide: US$1,350/kg Gallium: US$275/kg Indium: NY Dealer Mid-mkt US$740.00/kg. Iridium: Mid-mkt US$600.00/tr. oz. Magnesium FOB China: Mid-mkt US$2,650.00/t. Manganese FOB China: Mid-mkt US$2,250.00/t. Mercury (flask): US$2,700.00 Molybdenum Oxide: US$11.75/lb. Rhodium: Mid-mkt US$1,350.00/tr. oz. Ruthenium: Mid-mkt US$61.00/tr. oz. Selenium: Mid-mkt US$26.00/lb. Silver: Base: US$17.74 per oz.; Fabricated: US$26.50 per oz. Tungsten: APT Tungstate FOB China mid-mkt: US$360.00 per mtu Uranium: U3O8, Trade Tech spot price: US$33.00/lb.; The UX Consulting Company spot price: US$36.50/lb. Ferrovanadium: US$26.50/kg; Vanadium-Pentoxide: US$5.50/lb. Prices current Sept. 24, 2014
Daily metal prices
Date
22-Sep
19-Sep
18-Sep
17-Sep
16-Sep
BASE METALS
(London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Al Alloy
2080/2095
2080/2095
2075/2095
2080/2095
2080/2095
Aluminum
1924.50/1957
1948.50/1982.50
1949.50/1983
1966/2005
1969/2005
Copper
6781/6734
6867.50/6826
6918/6882
6958/6920
6895/6857
Lead
2050/2059
2067/2076
2077/2090
2091/2106
2090/2098
Nickel
17070/17170
17750/17825
17875/17935
17915/18000
17895/18000
Tin
21150/21150
21175/21200
21200/21200
21050/21090
21040/21005
Zinc
2215/2227.50
2250/2261
2246.50/2251
2255/2265
2246/2254.50
PRECIOUS METAL PRICES (London fix, US$ per troy oz.)
Gold AM
1214
1222.5
1223
1236.5
1238.75
Gold PM
1213.5
1219.75
1220.5
1236
1232.25
Silver
17.74
18.45
18.5
18.63
18.75
Platinum
1329
1344
1344
1365
1363
Palladium
807
823
822
842
837
Exchange rates
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Date
22-Sep
19-Sep
18-Sep
17-Sep
16-Sep
US$ in C$
1.1008
1.0969
1.0946
1.0946
1.0952
C$ in US$
0.9084
0.9117
0.9136
0.9131
0.9099
EXCHANGE RATES (Bank of Canada, September 22, 2014)
Currency
Aus $
Euro
Japan
Mex P
SA Rand
UK £
In C$
0.977
1.4122
0.01011
0.08302
0.09858
1.7986
In US$
0.8875
1.2829
0.00918
0.07542
0.08955
1.6339
Canadian gold mutual funds
Fund name
Sept. 23
Sept. 16
Change
Change
YTD
MER*
Assets*
($)
($)
($)
(%)
(%)
(%)
(M$)
AGF Pr Mtl
19.55
20.86
-1.31
-0.063
15.82
2.76
238.7
Altamira Pr & Str Mtl
9.92
10.58
-0.66
-0.062
16.02
2.44
n/a
BMO Junior Gold Index ETF
7
7.52
-0.52
-0.069
13.91
0.62
66.58
BMO Pr Mtl
14.4
15.34
-0.94
-0.061
10.75
2.41
71.59
CIBC Pr Mtl
10.7
11.29
-0.59
-0.052
16.68
2.48
63.74
Dynamic Pr Mtl
3.7
3.97
-0.27
-0.068
24.16
2.65
278.97
London Life Precious Mtl
20.03
21.57
-1.54
-0.071
15.32
3.55
132.74
Mackenzie Pr Mtl-A
36.32
39.11
-2.79
-0.071
16.2
2.61
329.02
RBC Global Pr Mtl
25.27
27.2
-1.93
-0.071
13.3
2.13
n/a
Sentry Pr Mtl Growth
30.78
33.51
-2.73
-0.081
18.99
2.77
528.43
Sprott Gold and PM-F
3.92
4.26
-0.34
-0.08
21.48
2.5
n/a
Sprott Gold and Pr Minls
29.05
31.56
-2.51
-0.08
20.17
2.93
243.51
TD Pr Mtl-A
6.8
7.28
-0.48
-0.066
14.24
2.45
n/a
TD Pr Mtl-I
32.27
34.52
-2.25
-0.065
14.35
2.27
n/a
iShares TSX Global Gold Index
10.76
11.47
-0.71
-0.062
10.95
0.55
718.33
Featured fund: Altamira Pr & Str Mtl top holdings as of 02/28/14 (in weighted order): Goldcorp, Franco-Nevada, Barrick Gold, Silver Wheaton, Yamana Gold, Agnico Eagle Mines, Osisko Mining, Semafo, Eldorado Gold, Argonaut Gold, Tahoe Resources, Kinross Gold, Primero Mining, Detour Gold. Fund manager: Jean-Philippe Choquette.
North American stock exchange indices
52-week
Date
22-Sep
19-Sep
18-Sep
17-Sep
16-Sep
High
Low
TSX Composite
15129
15265.35
15465.54
15458.88
15510.54
15685.13
12678.02
S&P/TSX-Ven Comp
928.09
955.06
965.79
972.51
975.7
1050.26
883.52
S&P TSX 60
876.76
882.87
895.26
894.77
897.11
902.74
727.59
Global Gold
168.89
172.17
176.38
179.81
183.9
215.56
149.29
TSX Metals & Mining
797.72
813.12
847.29
858.68
865.05
954.68
703.86
Gold & Silver XAU
84.44
86.93
89.14
90.43
92.4
107.39
79.73
Amex Gold Bugs
202.47
208.48
212.07
214.91
220.3
261.36
188.39
TSX short positions
Short positions outstanding at Sept.15/14 (with changes from Aug. 31/14).
Largest short positions
Lundin Mining
LUN
55760848
-365299
New Gold
NGD
31066953
272168
B2Gold
BTO
22086388
-1762577
PotashCorp
POT
20596098
-433017
Detour Gold
DGC
20422526
-1747508
Eldorado Gold
ELD
18776919
3160458
Tahoe Res.
THO
17256314
-485931
Barrick Gold
ABX
16332220
6174720
Yamana Gold
YRI
15767160
-1.6E+07
Kinross Gold
K
12196416
-2E+07
Argonaut Gold
AR
12079733
196907
Thompson Crk Mtl
TCM
10773203
-150291
First Majestic
FR
10451986
-537427
Dundee Pre Mtls
DPM
9781724
159720
Silver Standard
SSO
8391880
-37818
Largest increase in short position
Barrick Gold
ABX
16332220
6174720
Teranga Gold
TGZ
4059400
4015200
Eldorado Gold
ELD
18776919
3160458
First Quantum
FM
7366277
2142865
Silver Wheaton
SLW
4203109
1277080
Largest decrease in short position
Kinross Gold
K
12196416
-2E+07
Yamana Gold
YRI
15767160
-1.6E+07
Cameco
CCO
5725902
-5601085
Teck Res.
TCK.B
5015924
-4538136
Mandalay Res.
MND
3575540
-1980360
TSX Venture short positions
Short positions outstanding at Sept.15/14 (with changes from Aug. 31/14).
Largest short positions
Aurcana
AUN
1232872
-99500
Nexgen Energy
NXE
1221800
515000
Athabasca Mnrls
ABM
664859
-62800
Fission Uranium
FCU
650657
-988800
VMS Ventures
VMS
548500
548500
True Gold
TGM
543342
503000
Rusoro Mining
RML
540300
540300
Graphite One
GPH
520000
519500
Discovery Vent.
DVN
427000
102500
Northern Graphite
NGC
394652
8300
Southern Silver Exp.
SSV
362000
362000
Gold Standard Vent.
GSV
300100
300000
Standard Graphite
SGH
294000
294000
Zenyatta Ventures
ZEN
283809
65000
Prosper Gold
PGX
265500
265500
Largest increase in short position
VMS Ventures
VMS
548500
548500
Rusoro Mining
RML
540300
540300
Graphite One
GPH
520000
519500
Nexgen Energy
NXE
1221800
515000
True Gold
TGM
543342
503000
Largest decrease in short position
Greenflag Vent.
GFV
0
-4149000
Bayswater Uran.
BYU
0
-2529000
Lomiko Metals
LMR
57000
-1300000
Fission Uranium
FCU
650657
-988800
Robex Res.
RBX
44000
-519000
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