Metals, mining and money markets

Spot prices
Courtesy of Scotiabank
Tuesday, August 6, 2013
Precious Metals	Price (US$/oz.)	Change
Gold	$1,292.00	-30.25
Silver	$19.78	0.1
Platinum	$1,443.00	7
Palladium	$727.00	-10
Base Metals	Price (US$/tonne)	Change
Nickel	$13,843.00	-20
Lead	$2,119.00	-2.75
Copper	$7,018.50	44.75
Zinc	$1,862.50	-7.25
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, August 5, 2013 (change from July 29, 2013 in brackets):
Aluminium Alloy	66960	0
Aluminium	5466675	(-9500)
Copper	606900	(-11875)
Lead	199775	(+1425)
Nickel	204210	(+3930)
Tin	13845	(-700)
Zinc	1058400	(+3275)

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$52.56; Oct. 2013: US$52.95
Cobalt 99.8: US$14.00/lb.
Copper: Comex Copper Futures Sept. 2013: US$3.164/lb.; Comex Oct. 2013: $3.150/lb.
Germanium: US$1,775/kg.
Indium: NY Dealer Mid-mkt US$560.00/kg.
Iridium: Mid-mkt US$883.70/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$983.70/tr. oz.
Ruthenium: Mid-mkt US$82.87/tr. oz.
Selenium: Mid-mkt US$32.00/lb.
Silver: Base: US$19.59; Fabricated: US$23.51; Sterling: US$18.17
Tungsten: APT Tungstate FOB China mid-mkt: US$420.00
per mtu
Uranium: U3O8, Trade Tech spot price: US$35.75/lb.; Uranium Exchange Co. spot price: N.A.
Ferrovanadium: US$25.40/kg; Vanadium-Pentoxide: US$5.50/lb.
Prices current Aug. 7, 2013

Daily metal prices
Date	5-Aug	2-Aug	1-Aug	31-Jul	30-Jul
BASE METALS	(London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Al Alloy	1750/1780	1765/1800	1770/1805	1755/1795	1774/1800
Aluminum	1755/1801	1769/1817	1776/1821.50	1731.50/1777.50	1741/1786
Copper	6950/6965	7018/7030	6998/7005	6800/6809	6751/6770
Lead	211.50/2128	2111/2122.50	2088/2114	2033/2043.50	2028.50/2036.50
Nickel	13830/13900	13815/13870	13750/13850	13565/13645	13430/13490
Tin	21125/21195	20865/20825	20550/20555	19885/19900	19740/19745
Zinc	1822.50/1861	1834/1871	1822/1861	1792.50/1834.50	1800/1836
PRECIOUS METAL PRICES (London fix, US$ per troy oz.)
Gold AM	1311	1285.75	1323.75	1331.5	1322.25
Gold PM	1304.75	1309.25	1315	1314.5	1324.15
Silver	19.76	19.46	19.72	19.94	19.68
Platinum	1444	1436	1437	1433	1439
Palladium	733	730	733	733	738

Exchange rates
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Date	5-Aug	2-Aug	1-Aug	31-Jul	30-Jul
US$ in C$	N/A	1.0382	1.0338	1.0287	1.0293
C$ in US$	N/A	0.9632	0.9673	0.9721	0.9715
EXCHANGE RATES (Bank of Canada, May 21, 2013)
Currency	Aus $	Euro	Japan	Mex P	SA Rand	UK £
In C$	0.9241	1.3776	0.01048	0.08187	0.1052	1.5862
In US$	0.8901	1.3269	0.01009	0.07886	0.1013	1.5278

Canadian gold mutual funds
Fund name	Aug. 6	July 29	Change	Change	YTD	MER*	Assets*
	($)	($)	($)	(%)	(%)	(%)	(M$)
AGF Pr Mtl	18.49	19.07	-5.67	-29.7	-37.64	2.56	698.9
Altamira Pr & Str Mtl	9.34	9.85	-5.71	-58	-36.59	2.35	83.5
BMO Junior Gold Index ETF	7.65	8.16	-2.78	4.3	-45.75	0.58	108.4
BMO Pr Mtl	14.01	14.59	-2.75	-18.8	-37.66	2.29	133.6
CIBC Pr Mtl	9.88	10.28	-4.62	-44.9	-41.77	2.4	141.8
Dynamic Can Pr Mtl	6.24	6.46	-6.43	-99.5	-51.06	1.65	811.6
London Life Pr Mtl (MX)	19.34	20.07	-8.38	-41.8	-42.9	3.37	259.2
Mackenzie Un Pr Mtl C$	9.26	9.6	-7.63	-79.5	-42.57	2.44	569.9
Middlefield Precious Metals	6.73	7.1	-12.38	-174.4	-43.44	2.48	8.5
Quadrus Mack Un Pr Mtl	10.65	11.05	-7.72	-69.9	-42.64	2.7	66.7
RBC Global Pr Mtl	24.31	25.38	-3.19	-12.6	-38.94	2.04	1380.4
Sentry Pr Mtl Growth	28.65	29.76	2.76	9.3	-46.19	2.75	731.5
Sprott Gold and Pr Minls	26.21	27.27	-11.45	-42	-46.92	2.84	854
Sprott Gold and Pr Minls F	27.87	29.01	-10.69	-36.9	-46.64	1.78	n/a
TD Pr Mtl	29.67	30.54	-7.05	-23.1	-38.44	2.15	313.9
TD Pr Mtl-A	6.26	6.45	-7.18	-111.4	-38.5	2.31	n/a
iShares Can Gold Sector Index	10.98	11.52	-5.17	-44.9	-41.39	0.55	1063.3
Featured fund: TD Precious Metals top holdings as of 03/31/13 (in weighted order): Goldcorp, Franco-Nevada, Freeport McMoRan Copper & Gold, Silver Wheaton, Barrick Gold, Agnico Eagle Mines, Yamana Gold, Kinross Gold, Turquoise Hill Resources, Osisko Mining. Fund manager: Diana Racanelli.

TSX short positions
Short positions outstanding at July 31/13 (with changes from July/13).
Largest short positions
Lundin Mining	LUN	67568335	-1741442
New Gold	NGD	53731073	-1430545
Osisko Mining	OSK	36176726	-4738018
Turquoise Hill	TRQ	29754345	-759809
Tahoe Res.	THO	20833575	4705
Thompson Creek	TCM	20240037	-198297
Dundee Prec.	DPM	15508837	-391860
Potash Corp	POT	15095601	9293179
B2gold	BTO	14413771< /td>	130714
Yamana Gold	YRI	13507062	649953
First Majestic	FR	13332144	-148417
Detour Gold	DGC	12882266	-300416
First Quantum	FM	12140695	-517668
Paramount Res	POU	11247796	225261
Argonaut Gold	AR	10612266	-29154
Largest increase in short position
Potash Corp	POT	15095601	9293179
Silver Wheaton	SLW	8654964	4029090
Ivanplats	IVP	2864932	2841432
Colossus Min.	CSI	6903415	2766694
Agrium	AGU	5214193	2579180
Largest decrease in short position
Barrick Gold	ABX	6744562	-2.3E+07
Kinross Gold	K	8173938	-9889007
Eldorado Gold	ELD	5614742	-7516523
Osisko Mining	OSK	36176726	-4738018
Lundin Mining	LUN	67568335	-1741442

TSX Venture short positions
Short positions outstanding at July 31/13 (with changes from July 15/13).
Largest short positions
Barkerville Gold	BGM	1818915	-319600
High Desert Gold	HDG	1250000	1249000
Apogee Silver	APE	1179482	629000
China Minerals	CMV	1060000	1060000
Oceanic Iron	FEO	990000	990000
Great Western	GWG	800953	-48547
Sunset Cove	SSM	800204	800000
Passport Potash	PPI	750500	703000
Pacific Potash	PP	649500	-348500
Donner Metals	DON	563000	562000
Alpha Minerals	AMW	554897	5400
Huldra Silver	HDA	500000	100000
Zenyatta	ZEN	462467	128034
True North Gems	TGX	414400	414400
Golden Dawn	GOM	358000	60000
Large st increase in short position
High Desert Gold	HDG	1250000	1249000
China Minerals	CMV	1060000	1060000
Oceanic Iron	FEO	990000	990000
Sunset Cove	SSM	800204	800000
Passport Potash	PPI	750500	703000
Largest decrease in short position
Radius Gold	RDU	0	-1958000
Unigold	UGD	3123	-1224100
Manitou Gold	MTU	1100	-489900
Aldrin Resource	ALN	175000	-379000
Big North Graphite	NRT	0	-350000