Metals, mining and money markets

Spot prices
Courtesy of Scotiabank
Tuesday, August 20, 2013
Precious Metals	Price (US$/oz.)	Change
Gold	$1,365.75	31.75
Silver	$22.87	1.41
Platinum	$1,505.00	0
Palladium	$746.00	5
Base Metals	Price (US$/tonne)	Change
Nickel	$14,731.00	-50
Lead	$2,244.00	-2.5
Copper	$7,322.50	14
Zinc	$1,985.50	0.5
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, August 19, 2013 (change from August 12, 2013 in brackets):
Aluminium Alloy	67700	(+1250)
Aluminium	5443050	(-16750)
Copper	577450	(-15500)
Lead	189000	(-9725)
Nickel	205758	(+1818)
Tin	14055	(+305)
Zinc	1034700	(-14100)

Producer and dealer prices

Antimony FOB China: Mid-mkt US$10,400.00/t
Bismuth: Mid-mkt US$8.40/lb.
Cadmium 99.9: Mid-mkt US$1.00/lb.
Coal: CME Group Central Appalachian Coal Futures
Sept. 2013: US$53.30; Oct. 2013: US$53.49
Cobalt 99.8: US$13.75/lb.
Copper: Comex Copper Futures Sept. 2013: US$3.314/lb.; Comex Oct. 2013: $3.316/lb.
Germanium: US$1,850/kg.
Indium: NY Dealer Mid-mkt US$670.00/kg.
Iridium: Mid-mkt US$852.17/tr. oz.
Magnesium FOB China: Mid-mkt US$2,700.00/t.
Manganese FOB China: Mid-mkt US$2,300.00/t.
Molybdenum Oxide: US$9.30/lb.
Rhodium: Mid-mkt US$988.48/tr. oz.
Ruthenium: Mid-mkt US$80.09/tr. oz.
Selenium: Mid-mkt US$32.00/lb.
Silver: Base: US$22.99; Fabricated: US$27.59; Sterling: US$21.32
Tungsten: APT Tungstate FOB China mid-mkt: US$430.00 per mtu
Uranium: U3O8, Trade Tech spot price: US$35.00/lb.; Uranium Exchange Co. spot price: US$35.00/lb.
Ferrovanadium: US$25.40/kg; Vanadium-Pentoxide: US$5.50/lb.
Prices current Aug. 21 2013

Daily metal prices
Date	19-Aug	16-Aug	15-Aug	14-Aug	13-Aug
BASE METALS	(London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Al Alloy	1770/1800	1775/1805	1775/1805	1775/1805	1775/1805
Aluminum	1872/1930.50	1876/1925	1842/1891	1834.50/1883	1839/1886.50
Copper	7285/7304.50	7335/7374	7225/7247.50	7272/7299.50	7280.50/7315
Lead	2237/2242	2223.50/2230	2188/2199.50	2167/2178	2177.50/2188
Nickel	14650/14750	14680/14790	14655/14725	14700/14775	14730/14800
Tin	21825/21825	21850/21850	21500/21500	21820/21825	22025/22145
Zinc	1954.50/1994	1949.50/1987	1904.50/1943	1902/1943	1904/1945
PRECIOUS METAL PRICES (London fix, US$ per troy oz.)
Gold AM	1375.25	1360.75	1339.5	1323.25	1334
Gold PM	1365	1369.25	1329.75	1326.5	1328.5
Silver	23.23	22.83	22	21.5	21.46
Platinum	1513	1524	1504	1491	1506
Palladium	751	762	746	737	740

Exchange rates
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Date	19-Aug	16-Aug	15-Aug	14-Aug	13-Aug
US$ in C$	1.0334	1.0345	1.034	1.0322	1.0345
C$ in US$	0.9677	0.9667	0.9671	0.9388	0.9667

Currency	Aus $	Euro	Japan	Mex P	SA Rand	UK £
In C$	0.9437	1.3794	0.01055	0.07954	0.1016	1.6187
In US$	0.9132	1.3348	0.01021	0.07697	0.09832	1.5664

Canadian gold mutual funds
Fund name	Aug. 19	Aug. 12	Change	Change	YTD	MER*	Assets*
	($)	($)	($)	(%)	(%)	(%)	(M$)
AGF Pr Mtl	20.77	18.49	-5.67	-30.7	-29.95	2.56	698.9
Altamira Pr & Str Mtl	10.77	9.34	-5.71	-61.1	-26.88	2.35	83.5
BMO Junior Gold Index ETF	9	7.65	-2.78	4.3	-36.21	0.58	108.4
BMO Pr Mtl	16.21	14.01	-2.75	-19.6	-27.89	2.29	133.6
CIBC Pr Mtl	11.17	9.88	-4.62	-46.8	-34.16	2.4	141.8
Dynamic Can Pr Mtl	7.42	6.24	-6.43	-103	-41.8	1.65	811.6
London Life Pr Mtl (MX)	22.09	19.34	-8.38	-43.3	-34.78	3.37	259.2
Mackenzie Un Pr Mtl C$	10.73	9.26	-7.63	-82.4	-33.42	2.44	569.9
Middlefield Precious Metals	7.78	6.73	-12.38	-184	-34.71	2.48	8.5
Quadrus Mack Un Pr Mtl	27.74	10.65	-7.72	-72.5	-30.34	2.7	66.7
RBC Global Pr Mtl	33.81	24.31	-3.19	-13.1	-36.51	2.04	1380.4
Sentry Pr Mtl Growth	30.76	28.65	2.76	9.6	-37.7	2.75	731.5
Sprott Gold and Pr Minls	32.73	26.21	-11.45	-43.7	-37.35	2.84	854
Sprott Gold and Pr Minls F	33.97	27.87	-10.69	-38.4	-29.52	1.78	n/a
TD Pr Mtl	7.17	29.67	-7.05	-23.8	-29.6	2.15	313.9
TD Pr Mtl-A	12.35	6.26	-7.18	-114.7	-33.51	2.31	n/a
iShares Can Gold Sector Index	12.56	10.98	-5.17	-47.1	-32.97	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.

North American stock exchange indices
						52-week
Date	19-Aug	16-Aug	15-Aug	14-Aug	13-Aug	High	Low
TSX Composite	12588.02	12736.92	12704.52	12639.3	12642.19	12904.71	11759.04
S&P/TSX-Ven Comp	933.65	940.23	932.1	926.15	925.14	1349.32	859.31
S&P TSX 60	722.31	730.22	728.29	724.08	723.74	742.39	672.36
Global Gold	201.38	204.4	207.04	195.97	187.27	355.92	154
TSX Metals & Mining	791.82	811.62	808.88	795.02	789.55	1050.76	662.2
Gold & Silver XAU	107.36	109.27	111.04	105.21	100.29	196.71	82.29
Amex Gold Bugs	264.74	271.14	276.49	260.49	246.65	529.8	206.66

TSX short positions
Short positions outstanding at Aug. 15/13 (with changes from July 31/13).
Largest short positions
Kinross Gold	K	79548968	71375030
Lundin Mining	LUN	67405848	-162487
New Gold	NGD	53102304	-628769
Osisko Mining	OSK	37035408	858682
Yamana Gold	YRI	31143997	17636935
Turquoise Hill	TRQ	29578352	-175993
Iamgold	IMG	28142410	18210283
Potash Corp.	POT	22348913	7253312
Tahoe Resources	THO	20805547	-28028
Thompson Creek	TCM	19663861	-576176
Teck Resources	TCK.B	17653940	9086750
Eldorado Gold	ELD	16351057	10736315
Cameco	CCO	16103068	6724005
Dundee Precious	DPM	15577972	69135
B2gold	BTO	14106399	-307372
Largest increase in short position
Kinross Gold	K	79548968	71375030
Iamgold	IMG	28142410	18210283
Yamana Gold	YRI	31143997	17636935
Eldorado Gold n	ELD	16351057	10736315
Teck Resources	TCK.B	17653940	9086750
Largest decrease in short position
Colossus Minerals	CSI	3802685	-3100730
Whitecap Resources	WCP	973043	-2199621
First Quantum Mnrls	FM	10076224	-2064471
Coalspur Mines	CPT	0	-1490500
Barrick Gold	ABX	5266637	-1477925

TSX Venture short positions
Short positions outstanding at Aug. 15/13 (with changes from July 31/13).
Largest short positions
Regulus Resources	REG	2165000	1847000
Pacific Potash	PP	1875000	1225500
Barkerville Gold	BGM	1734315	-84600
Fire River Gold	FAU	1028000	1021000
Great Western	GWG	950453	149500
Esperanza Resources	EPZ.WT	900000	900000
Alpha Minerals	AMW	631597	76700
Brazilian Gold	BGC	505000	380700
Aldrin Resource	ALN	430000	255000
Caribou King	CKR	400000	400000
Zenyatta Ventures	ZEN	345835	-116632
Bellhaven Copper	BHV	273600	20000
Victoria Gold	VIT	263000	237000
Fission Uranium	FCU	247715	35459
Sunridge Gold	SGC	202500	202000
Largest increase in short position
Regulus Resources	REG	2165000	1847000
Pacific Potash	PP	1875000	1225500
Fire River Gold	FAU	1028000	1021000
Esperanza Resources	EPZ.WT	900000	900000
Caribou King	CKR	400000	400000
Largest decrease in short position
High Desert Gold	HDG	0	-1250000
Apogee Silver	APE	20482	-1159000
China Minerals	CMV	0	-1060000
Oceanic Iron Ore	FEO	0	-990000
Sunset Cove	SSM	58204	-742000