Metals, mining and money markets

Spot prices
Courtesy of Scotiabank
Tuesday, August 20, 2013
Precious Metals	Price (US$/oz.)	Change
Gold	$1,411.00	45.25
Silver	$24.29	1.42
Platinum	$1,548.00	43
Palladium	$747.00	1
Base Metals	Price (US$/tonne)	Change
Nickel	$14,412.00	-100
Lead	$2,223.75	11.75
Copper	$7,313.00	-46.25
Zinc	$1,976.50	-9.59

LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, August 23, 2013 (change from August 16, 2013 in brackets):
Aluminium Alloy	67140	(-700)
Aluminium	5428175	(-10500)
Copper	564225	(-19850)
Lead	187850	(-3075)
Nickel	210060	(+3942)
Tin	15305	(+1250)
Zinc	1023575	(-13700)

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$53.13; Oct. 2013: US$52.98
Cobalt 99.8: US$13.75/lb.
Copper: Comex Copper Futures Sept. 2013: US$3.35/lb.; Comex Oct. 2013: $3.35/lb.
Germanium: US$1,850/kg.
Indium: NY Dealer Mid-mkt US$670.00/kg.
Iridium: Mid-mkt US$837.50/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$1,025.00/tr. oz.
Ruthenium: Mid-mkt US$78.45/tr. oz.
Selenium: Mid-mkt US$32.00/lb.
Silver: Base: US$24.62; Fabricated: US$29.54; Sterling: US$22.83
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. 27, 2013

Daily metal prices
Date	26-Aug	23-Aug	22-Aug	21-Aug	20-Aug
BASE METALS	(London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Al Alloy	N/A	1730/1760	1760/1790	1760/1790	1770/1800
Aluminum	N/A	1834/1881	1857/1904	1852/1901.50	1848/1905
Copper	N/A	7300/7331	7340/7367	7235.50/7270	7265/7299.50
Lead	N/A	2195/2208	2227/2238	2219/2228	2229/2233
Nickel	N/A	14340/14410	14430/14530	14445/14550	14560/14650
Tin	N/A	21975/21875	21995/21925	22000/21925	21975/21900
Zinc	N/A	1931.50/1971	1941/1984	1936/1976.50	1939/1982
PRECIOUS METAL PRICES (London fix, US$ per troy oz.)
Gold AM	N/A	1374.5	1370.5	1360	1365.75
Gold PM	N/A	1377.5	1375.5	1363	1372.5
Silver	N/A	23.06	23.07	22.94	22.87
Platinum	N/A	1538	1523	1518	1512
Palladium	N/A	752	750	749	748

Exchange rates
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Date	26-Aug	23-Aug	22-Aug	21-Aug	20-Aug
US$ in C$	1.0514	1.0515	1.0512	1.0443	1.0376
C$ in US$	0.9511	0.951	0.9513	0.9576	0.9638
EXCHANGE RATES (Bank of Canada, Aug 26, 2013)
Currency	Aus $	Euro	Japan	Mex P	SA Rand	UK £
In C$	0.9503	1.4055	0.01066	0.08002	0.1018	1.6367
In US$	0.9038	1.3368	0.01014	0.07611	0.09682	1.5567

Canadian gold mutual funds
Fund name	Aug 26	Aug. 19	Change	Change	YTD	MER*	Assets*
	($)	($)	($)	(%)	(%)	(%)	(M$)
AGF Pr Mtl	22	20.77	-5.67	-27.3	-25.8	2.56	698.9
Altamira Pr & Str Mtl	11.4	10.77	-5.71	-53	-22.6	2.35	83.5
BMO Junior Gold Index ETF	9.69	9	-2.78	4.3	-31.31	0.58	108.4
BMO Pr Mtl	17.27	16.21	-2.75	-17	-23.14	2.29	133.6
CIBC Pr Mtl	11.82	11.17	-4.62	-41.4	-30.37	2.4	141.8
Dynamic Can Pr Mtl	7.9	7.42	-6.43	-86.7	-38.04	1.65	811.6
London Life Pr Mtl (MX)	23.42	22.09	-8.38	-37.9	-30.87	3.37	259.2
Mackenzie Un Pr Mtl C$	10.73	10.73	-7.63	-71.1	-33.42	2.44	569.9
Middlefield Precious Metals	8.24	7.78	-12.38	-159.2	-30.81	2.48	8.5
Quadrus Mack Un Pr Mtl	29.73	27.74	-7.72	-27.8	-25.33	2.7	66.7
RBC Global Pr Mtl	35.66	33.81	-3.19	-9.4	-33.03	2.04	1380.4
Sentry Pr Mtl Growth	33.31	30.76	2.76	9	-32.53	2.75	731.5
Sprott Gold and Pr Minls	35.47	32.73	-11.45	-35	-32.14	2.84	854
Sprott Gold and Pr Minls F	36.01	33.97	-10.69	-31.5	-25.29	1.78	n/a
TD Pr Mtl	7.6	7.17	-7.05	-98.3	-25.37	2.15	313.9
TD Pr Mtl-A	12.35	12.35	-7.18	-58.1	-33.51	2.31	n/a
iShares Can Gold Sector Index	13.28	12.56	-5.17	-41.2	-29.12	0.55	1063.3
Featured fund: Unv Precious Metals top holdings as of 03/31/13 (in weighted order): Randgold Resources, Yamana Gold, Detour Gold, Tahoe Resources, Rio Tinto, Goldcorp, B2Gold, Eldorado Gold, Ivanplats. Fund manager: Benoit Gervais.

North American stock exchange indices
						52-week
Date	26-Aug	23-Aug	22-Aug	21-Aug	20-Aug	High	Low
TSX Composite	12760.3	12762.3	12764.35	12573.08	12670.11	12904.71	11759.04
S&P/TSX-Ven Comp	954.58	946.56	935.04	925.32	932.6	1349.32	859.31
S&P TSX 60	732.96	732.95	727.99	721.45	726.69	742.39	672.36
Global Gold	212.9	210.51	205	201.38	208.96	355.92	154
TSX Metals & Mining	811.76	803.53	797.02	765.07	795.95	1050.76	662.2
Gold & Silver XAU	112.27	111.39	108.4	106.44	110.92	196.71	82.29
Amex Gold Bugs	274.88	272.64	265.18	261.55	274.21	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