Metals, mining and money markets

Spot prices
Courtesy of Scotiabank
Tuesday, July 30, 2013
Precious Metals	Price (US$/oz.)	Change
Gold	$1,322.25	-4.5
Silver	$19.68	-0.5
Platinum	$1,436.00	0
Palladium	$737.00	1
Base Metals	Price (US$/tonne)	Change
Nickel	$13,606.00	-83
Lead	$2,034.50	-29.5
Copper	$6,742.00	-132.5
Zinc	$1,832.75	-13
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 29, 2013 (change from July 22, 2013 in brackets):
Aluminium Alloy	66960	(-420)
Aluminium	5476175	(+7025)
Copper	618775	(-15875)
Lead	198350	(+375)
Nickel	200280	(+498)
Tin	14545	(+280)
Zinc	1055125	(-12500)

Producer and dealer prices

Antimony FOB China: Mid-mkt US$9,600.00/t
Bismuth: Mid-mkt US$8.25/lb.
Cadmium 99.9: Mid-mkt US$1.00/lb.
Coal: CME Group Central Appalachian Coal Futures
Sept. 2013: US$53.66; Oct. 2013: US$54.30
Cobalt 99.8: US$14.00/lb.
Copper: Comex Copper Futures Sept. 2013: US$3.050/lb.; Comex Oct. 2013: $3.052/lb.
Germanium: US$1,350/kg.
Indium: NY Dealer Mid-mkt US$560.00/kg.
Iridium: Mid-mkt US$898.86/tr. oz.
Magnesium FOB China: Mid-mkt US$2,850.00/t.
Manganese FOB China: Mid-mkt US$2,300.00/t.
Molybdenum Oxide: US$9.30/lb.
Rhodium: Mid-mkt US$989.77/tr. oz.
Ruthenium: Mid-mkt US$84.05/tr. oz.
Selenium: Mid-mkt US$32.00/lb.
Silver: Base: US$19.47; Fabricated: US$23.64; Sterling: US$18.06
Tungsten: APT Tungstate FOB China mid-mkt: US$420.00 per mtu
Uranium: U3O8, Trade Tech spot price: US$34.50/lb.; Uranium Exchange Co. spot price: US$34.50/lb.
Ferrovanadium: US$25.40/kg; Vanadium-Pentoxide: US$5.50/lb.
Prices current July 30, 2013

Daily metal prices
Date	29-Jul	26-Jul	25-Jul	24-Jul	23-Jul
BASE METALS	(London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Al Alloy	1745/1775	1760/1790	1765/1795	1800/1820	1750/1775
Aluminum	1759.50/1802	1761/1805	1784/1828	1806.50/1850	1801/1846
Copper	6860/6882	6905/6924.50	6927/6948	7076/7096	6960/6989.50
Lead	2054/2059.50	2060/2065	2049.50/2058.50	2062.50/2073	2039/2047
Nickel	13635/13715	13825/13900	14045/14130	14115/14170	13970/14040
Tin	19365/19400	19310/19275	19250/19325	19600/19650	19395/19445
Zinc	1809/1845	1832/1866	1838/1871	1862.50/1899.50	1837/1874
PRECIO US METAL PRICES (London fix, US$ per troy oz.)
Gold AM	1330.75	1327.75	1312	1340	1326.75
Gold PM	1329.75	1331	1326	1335	1333.5
Silver	20.1	20.02	19.92	20.4	20.18
Platinum	1436	1428	1443	1444	1424
Palladium	731	731	743	738	734

Exchange rates
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Date	29-Jul	26-Jul	25-Jul	24-Jul	23-Jul
US$ in C$	1.0261	1.0291	1.0283	1.0298	1.0304
C$ in US$	0.9746	0.9717	0.9725	0.9711	0.9705
EXCHANGE RATES (Bank of Canada, July 29, 2013)
Currency	Aus $	Euro	Japan	Mex P	SA Rand	UK £
In C$	0.9449	1.3608	0.01049	0.08056	0.1049	1.5756
In US$	0.9209	1.3262	0.01022	0.07851	0.1022	1.5355

Canadian gold mutual funds
Fund name	July 29	July 22	Change	Change	YTD	MER*	Assets*
	($)	($)	($)	(%)	(%)	(%)	(M$)
AGF Pr Mtl	19.07	19.73	-5.67	-28.7	-35.68	2.56	698.9
Altamira Pr & Str Mtl	9.85	10.29	-5.71	-55.5	-33.13	2.35	83.5
BMO Junior Gold Index ETF	8.16	8.57	-2.78	4.3	-42.13	0.58	108.4
BMO Pr Mtl	14.59	15.25	-2.75	-18	-35.1	2.29	133.6
CIBC Pr Mtl	10.28	10.78	-4.62	-42.9	-39.4	2.4	141.8
Dynamic Can Pr Mtl	6.46	6.8	-6.43	-94.6	-49.33	1.65	811.6
London Life Pr Mtl (MX)	20.07	20.88	-8.38	-40.1	-40.75	3.37	259.2
Mackenzie Un Pr Mtl C$	9.6	9.99	-7.63	-76.4	-40.42	2.44	569.9
Middlefield Precious Metals	7.1	7.37	-12.38	-168	-40.38	2.48	8.5
Quadrus Mack Un Pr Mtl	11.05	11.49	-7.72	-67.2	-40.49	2.7	66.7
RBC Global Pr Mtl	25.38	26.55	-3.19	-12	-36.25	2.04	1380.4
Sentry Pr Mtl Growth	29.76	31.27	2.76	8.8	-44.11	2.75	731.5
Sprott Gold and Pr Minls	27.27	28.23	-11.45	-40.6	-44.76	2.84	854
Sprott Gold and Pr Minls F	29.01	30.02	-10.69	-35.6	-44.48	1.78	n/a
TD Pr Mtl	30.54	31.99	-7.05	-22	-36.64	2.15	313.9
TD Pr Mtl-A	6.45	6.75	-7.18	-106.4	-36.71	2.31	n/a
iShares Can Gold Sector Index	11.52	12.06	-5.17	-42.9	-38.51	0.55	1063.3
Featured fund: Sprott Gold and Precious Metals top holdings as of 03/31/13 (in weighted order): Silver Wheaton, Osisko Mining, Pan American Silver, Belo Sun Mining, Dundee Precious Metals, Primero Mining, Kirkland Lake Gold, Silver Standard Resources, Colossus Minerals. Fund manager: Charles Oliver.

North American stock exchange indices
						52-week
Date	29-Jul	26-Jul	25-Jul	24-Jul	23-Jul	High	Low
TSX Composite	12669.04	12647.9	12669.14	12672	12745.38	12904.71	11475.43
S&P/TSX-Ven Comp	925.29	924.17	924.66	930.48	929.38	1349.32	859.31
S&P TSX 60	729.2	727.59	728.53	732.13	733.93	742.39	653.2
Global Gold	189.69	188.15	185.39	184.37	193.46	355.92	154
TSX Metals & Mining	724.56	746.94	740.01	738.01	755.04	1050.76	662.2
Gold & Silver XAU	100.02	100.88	99.94	98.91	103.59	196.71	82.29
Amex Gold Bugs	253.14	255.76	252.5	249.68	262.43	529.8	206.66

TSX short positions
Short positions outstanding at July 15/13 (with changes from June 30/13).
Largest short positions
Lundin Mining	LUN	69309777	-1984333
New Gold	NGD	55161618	-245120
Osisko Mining	OSK	40914744	-34413
Turquoise Hill	TRQ	30514154	-302652
Barrick Gold	ABX	29306488	-7934915
Tahoe Res.	THO	20828870	-182502
Thompson Creek	TCM	20438334	-638
Kinross Gold	K	18062945	-1.8E+07
Dundee Prec.	DPM	15900697	-65603
B2Gold	BTO	14283057	497586
First Majestic	FR	13480561	69461
Detour Gold	DGC	13182682	248247
Eldorado Gold	ELD	13131265	-5659431
Yamana Gold	YRI	12857109	10859873
First Quantum	FM	12658363	570884
Largest increase in short position
Agrium	AGU	11969013	11363406
Yamana Gold	YRI	12857109	10859873
Teck Resources	TCK.B	9262407	6186622
Cameco	CCO	8915408	5575769
Iamgold	IMG	8363316	4750619
Largest decrease in short position
Kinross Gold	K	18062945	-1.8E+07
Barrick Gold	ABX	29306488	-7934915
Eldorado Gold	ELD	13131265	-5659431
Ivanplats	IVP	23500	-3371346
Silver Wheaton	SLW	4625874	-2971060

TSX Venture short positions
Short positions outstanding at July 15/13 (with changes from June 30/13).
Largest short positions
Barkerville Gold	BGM	2138515	-75700
Radius Gold	RDU	1958000	848000
Unigold	UGD	1227223	1227100
Pacific Potash	PP	998000	240000
Great Western	GWG	849500	72000
Aldrin Resource	ALN	554000	300000
Apogee Silver	APE	550482	247000
Alpha Minerals	AMW	549497	4300
Bellhaven Copper	BHV	539000	0
Argex Titanium	RGX	497073	-252500
Manitou Gold	MTU	491000	491000
Huldra Silver	HDA	400000	42000
Big North Graphite	NRT	350000	350000
Zenyatta Ventures.	ZEN	334433	-431
Northern Iron	NFE	317500	317500
Largest increase in short position
Unigold	UGD	1227223	1227100
Radius Gold	RDU	1958000	848000
Manitou Gold	MTU	491000	491000
Big North Graphite	NRT	350000	350000
Northern Iron	NFE	317500	317500
Largest decrease in short position
Majestic Gold	MJS	15400	-1296600
Edgewater Exploration	EDW	5183	-402317
Aqm Copper	AQM	0	-277000
Argex Titanium	RGX	497073	-252500
Metallum Resources	MRV	1000	-200000