Metals, mining and money markets

Spot prices
Courtesy of Scotiabank
Tuesday, June 18, 2013    
Precious Metals Price (US$/oz.) Change
Gold $1,378.50 -9
Silver $21.80 0.22
Platinum $1,428.00 -65
Palladium $703.00 -59
     
Base Metals Price (US$/tonne) Change
Nickel $14,131.00 -140
Lead $2,104.50 -16.5
Copper $6,990.25 -78
Zinc $1,857.00 0
     
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 17, 2013 (change from June 10, 2013 in brackets):
Aluminium Alloy 69140 (+80)
Aluminium 5279425 (+73400)
Copper 629475 (+20475)
Lead 192600 (-14750)
Nickel 183624 (+1188)
Tin 14205 (-230)
Zinc 1083775 (-22550)

Producer and dealer prices

Antimony FOB China: Mid-mkt US$10,100.00/t
Bismuth: Mid-mkt US$9.30/lb.
Cadmium: Mid-mkt US$0.975/lb.
Coal: CME Group Central Appalachian Coal Futures
July 2013: US$55.11; Aug. 2013: US$55.16
Cobalt: US$14.25/lb.
Copper: Comex Copper Futures July 2013: US$3.154/lb.; Comex Aug. 2013: $3.157/lb.
Germanium: US$1,750/kg.
Indium: NY Dealer Mid-mkt US$570.00/kg.
Iridium: Mid-mkt US$981.82/tr. oz.
Magnesium FOB China: Mid-mkt US$2,850.00/t.
Manganese FOB China: Mid-mkt US$2,400.00/t.
Molybdenum Oxide: US$11.00/lb.
Rhenium: US$3,600/kg
Rhodium: Mid-mkt US$1,075.23/tr. oz.
Ruthenium: Mid-mkt US$85.00/tr. oz.
Selenium: Mid-mkt US$32/lb.
Silver: Base: US$21.60; Fabricated: US$25.92; Sterling: US$20.03
Tungsten: APT Tungstate FOB China mid-mkt: US$395.00 per mtu
Uranium: U3O8, Trade Tech spot price: US$39.85/lb.; Uranium Exchange Co. spot price: N.A.
Ferrovanadium: US$28.50/kg; Vanadium-Pentoxide: US$5.75/lb.
Prices current June 18, 2013

Daily metal prices
Date 17-Jun 14-Jun 13-Jun 12-Jun 11-Jun
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Al Alloy 1820/1840 1840/1860 1840/1845 1820/1840 1820/1840
Aluminum 1789/1835 1815/1855 1812.50/1855.50 1842/1881 1848/1887.50
Copper 7020/7065 7044/7085 7057/7093 7085.50/7120 7035/7070
Lead 2099/2105 2099.50/2108.50 2090/2097.50 2132.50/2138 2128.50/2139
Nickel 14080/14175 14225/14325 14025/14110 14380/14440 14490/14550
Tin 20295/20350 20245/20275 20250/20305 20440/20465 20595/20595
Zinc 1815.50/1851 1817.50/1854 1815/1854.50 1832/1866.50 1832.50/1870
           
PRECIOUS METAL PRICES (London fix, US$ per troy oz.)
Gold AM 1386 1379.75 1386.25 1377.25 1369.5
Gold PM 1384.75 1391.25 1385 1382.75 1374.25
Silver 21.87 21.69 21.83 21.78 21.58
Platinum 1443 1448 1458 1481.5 1487
Palladium 721 728 743 754 762
Exchange rates  
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)  
Date 17-Jun 14-Jun 13-Jun 12-Jun 11-Jun  
US$ in C$ 1.0176 1.0177 1.017 1.0202 1.019  
C$ in US$ 0.9827 0.9826 0.9833 0.9802 0.9814  
             
EXCHANGE RATES (Bank of Canada, June 17, 2013)
Currency Aus $ Euro Japan Mex P SA Rand UK £
In C$ 9707 1.3575 0.01073 0.07964 0.1028 1.5984
In US$ 0.9539 1.334 0.01054 0.07826 0.101 1.5708
Canadian gold mutual funds
Fund name  June 17  June 10 Change Change YTD MER* Assets*
  ($) ($) ($) (%) (%) (%) (M$)
AGF Pr Mtl 19.9 19.73 -5.67 -28.7 -35.61 2.56 698.9
Altamira Pr & Str Mtl 9.6 10 -5.71 -57.1 -34.83 2.35 83.5
BMO Junior Gold Index ETF 7.98 8.33 -2.78 4.3 -43.46 0.58 108.4
BMO Pr Mtl 14.65 15.04 -2.75 -18.3 -34.82 2.29 133.6
CIBC Pr Mtl 10.33 10.56 -4.62 -43.8 -39.14 2.4 141.8
Dynamic Can Pr Mtl 6.89 7.13 -6.43 -90.2 -45.96 1.65 811.6
London Life Pr Mtl (MX) 20.56 21.36 -8.38 -39.2 -39.3 3.37 259.2
Mackenzie Un Pr Mtl C$ 9.83 10.21 -7.63 -74.7 -39.03 2.44 569.9
Middlefield Precious Metals 7.29 7.51 -12.38 -164.8 -38.73 2.48 8.5
Quadrus Mack Un Pr Mtl 11.31 11.75 -7.72 -65.7 -39.08 2.7 66.7
RBC Global Pr Mtl 25.51 26.57 -3.19 -12 -35.92 2.04 1380.4
Sentry Pr Mtl Growth 30.67 32.09 2.76 8.6 -42.4 2.75 731.5
Sprott Gold and Pr Minls 28.49 29.75 -11.45 -38.5 -42.28 2.84 854
Sprott Gold and Pr Minls F 30.31 31.63 -10.69 -33.8 -41.99 1.78 n/a
TD Pr Mtl 31.28 32.47 -7.05 -21.7 -35.1 2.15 313.9
TD Pr Mtl-A 6.6 6.85 -7.18 -104.8 -35.15 2.31 n/a
iShares Can Gold Sector Index 11.95 12.36 -5.17 -41.8 -36.58 0.55 1063.3
Featured fund: Sentry Precious Metals top holdings as of 01/31/13 (in weighted order): Allied Nevada Gold, Rio Alto Mining, Argonaut Gold, AuRico Gold, Semafo, B2Gold, Sandstorm Gold, Alamos Gold, Osisko Mining, Silver Wheaton. Fund manager: Kevin MacLean. 
North American stock exchange indices
            52-week
Date 17-Jun 14-Jun 13-Jun 12-Jun 11-Jun High Low
TSX Composite 12288.9 12187.36 12277.13 12109.89 12223.57 12904.71 11251.85
S&P/TSX-Ven Comp 934.04 933.57 930.06 928.2 937.27 1349.32 917.83
S&P TSX 60 703.59 697.73 704.11 694 699.82 742.39 644.24
Global Gold 190.79 190.35 193.25 192.57 190.72 355.92 180.2
TSX Metals & Mining 763.25 760.02 778.17 756.39 768.05 1050.76 719.37
Gold & Silver XAU 103.01 102.56 104.25 103.27 102.44 196.71 97.1
Amex Gold Bugs 262.1 261.19 265.58 263.08 260.72 529.8 244.62

TSX short positions
Short positions outstanding at May. 31/13 (with changes from May. 15/13).
       
Largest short positions
Lundin Mining  LUN 69734990 821631
New Gold  NGD 53987769 2961620
Osisko Mining  OSK 42806554 -246733
Eldorado Gold  ELD 35508970 2345443
Turquoise Hill  TRQ 31096458 4007213
Kinross Gold  K 30772786 -1.8E+07
First Quantum  FM 29185661 2078028
Tahoe Res.  THO 20398175 1922058
Thompson Creek  TCM 20305693 -89083
Potash Corp. POT 16713592 -3688519
Dundee Prec. DPM 16449296 -7429904
Cameco   CCO 15103717 -2627989
Yamana Gold  YRI 14900612 -1.2E+07
First Majestic  FR 14824023 3417318
Detour Gold  DGC 14445760 2472317
Largest increase in short position
B2gold   BTO 13658638 6428028
Turquoise Hill  TRQ 31096458 4007213
First Majestic  FR 14824023 3417318
Atna Resources  ATN 3312580 3228080
New Gold  NGD 53987769 2961620
Largest decrease in short position
Kinross Gold  K 30772786 -1.8E+07
Yamana Gold  YRI 14900612 -1.2E+07
Dundee Prec.  DPM 16449296 -7429904
Iamgold  IMG 8675835 -3997463
Aurico Gold  AUQ 1718568 -3962177
       
       
TSX Venture short positions
Short positions outstanding at May. 31/13 (with changes from May. 15/13). 
       
Largest short positions
Barkerville Gold  BGM 2261515 -47300
Alexandria Min.  AZX 982500 937500
Alpha Minerals   AMW 901197 66500
Great Western Min. GWG 879500 -493000
Pacific Potash   PP 825500 321500
Majestic Gold    MJS 661000 137047
Amarc Resources  AHR 535000 535000
Aldrin Resource  ALN 526000 0
Zenyatta Ventures  ZEN 411539 -123898
Argex Titanium   RGX 384136 -11264
Arian Resources  ARC 340000 339117
Sirios Resources  SOI 298000 222000
Probe Mines      PRB 251798 -4002
Encanto Potash   EPO 250000 249094
Focus Graphite   FMS 241865 -1121
Largest increase in short position
Alexandria Minerals AZX 982500 937500
Amarc Resources  AHR 535000 535000
Arian Resources  ARC 340000 339117
Pacific Potash   PP 825500 321500
Encanto Potash   EPO 250000 249094
Largest decrease in short position
Kilo Goldmines    KGL 0 -2000000
Monarques Res.    MQR 0 -834000
Northern Shield  NRN 0 -683500
Nevada Sunrise Gold  NEV 0 -521000
Great Western Min. GWG 879500 -493000
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