Metals, mining and money markets

Spot prices
Courtesy of Scotiabank
Tuesday, November 5, 2013
Precious Metals	Price (US$/oz.)	Change
Gold	$1,311.25	-35.5
Silver	$21.60	-0.71
Platinum	$1,450.00	-12
Palladium	$743.00	0
Base Metals	Price (US$/tonne)	Change
Nickel	$14,339.00	-31
Lead	$2,147.75	-10.5
Copper	$7,152.00	2.75
Zinc	$1,920.00	-4

LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, November 4, 2013 (change from October 28, 2013 in brackets):
Aluminium Alloy	61020	(-100)
Aluminium	5372625	(-23275)
Copper	474675	(-3525)
Lead	233150	(+225)
Nickel	238584	(+3600)
Tin	12245	(-695)
Zinc	1026650	(-11125)

Producer and dealer prices

Antimony FOB China: Mid-mkt US$10,200.00/t
Bismuth: Mid-mkt US$9.20/lb.
Cadmium 99.9: Mid-mkt US$1.00/lb.
Coal: CME Group Central Appalachian Coal Futures
Dec. 2013: US$54.18; Jan. 2014: US$54.99
Cobalt 99.8: US$14.25/lb.
Copper: Comex Copper Futures Dec. 2013: US$3.262/lb.; Comex Jan. 2014: $3.263/lb.
Germanium Dioxide: US$1,375/kg.
Gallium: US$320/kg
Indium: NY Dealer Mid-mkt US$680.00/kg.
Iridium: Mid-mkt US$546.59/tr. oz.
Magnesium FOB China: Mid-mkt US$2,900.00/t.
Manganese FOB China: Mid-mkt US$2,300.00/t.
Molybdenum Oxide: US$9.75/lb.
Rhodium: Mid-mkt US$986.36/tr. oz.
Ruthenium: Mid-mkt US$57.00/tr. oz.
Selenium: Mid-mkt US$31.00/lb.
Silver: Base: US$21.66; Fabricated: US$25.99; Sterling: US$20.10
Tungsten: APT Tungstate FOB China mid-mkt: US$390.00 per mtu
Uranium: U3O8, Trade Tech spot price: US$34.25/lb.; Uranium Exchange Co. spot price: N.A.
Ferrovanadium: US$25.00/kg; Vanadium-Pentoxide: US$5.90/lb.
Prices current Nov. 5, 2013

Daily metal prices
Date	4-Nov	1-Nov	31-Oct	30-Oct	29-Oct
BASE METALS	(London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Al Alloy	1780/1815	1780/1815	1805/1840	1810/1850	1825/1860
Aluminum	1787.50/1831.50	1787.50/1831.50	1832.50/1875.50	1843/1890.50	1848.50/1895.50
Copper	7179.50/7190	7179.50/7190	7233/7240	7275/7277	7215/7222
Lead	2138/2158	2138/2158	2168/2189	2186/2207	2194.50/2210
Nickel	14255/14345	14255/14345	14510/14570	14550/14600	14515/14580
Tin	22775/22765	22775/22765	22990/22995	23195/23250	23220/23150
Zinc	1899/1931.50	1899/1931.50	1925/1955	1937/1973	1938.50/1976
PRECIOUS METAL PRICES (London fix, US$ per troy oz.)
Gold AM	1314.25	1314.75	1333.75	1349.5	1346.75
Gold PM	1320.5	1306.75	1324	1354.75	1349.25
Silver	21.85	21.75	22.2	22.74	22.31
Platinum	1453	1453	1450	1477	1466
Palladium	745	737	742	749	744

Exchange rates
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Date	4-Nov	1-Nov	31-Oct	30-Oct	29-Oct
US$ in C$	1.0415	1.0443	1.0429	1.0456	1.0445
C$ in US$	0.9602	0.9576	0.9589	0.9564	0.9574
EXCHANGE RATES (Bank of Canada, Sept 16, 2013)
Currency	Aus $	Euro	Japan	Mex P	SA Rand	UK £
In C$	0.9904	1.4076	0.01056	0.08019	0.1029	1.661
In US$	0.9509	1.3515	0.01014	0.07699	0.0988	1.5948

Canadian gold mutual funds
Fund name	Nov. 4	Oct. 28	Change	Change	YTD	MER*	Assets*
	($)	($)	($)	(%)	(%)	(%)	(M$)
AGF Pr Mtl	18.1	19.58	-5.67	-29	-38.95	2.56	698.9
Altamira Pr & Str Mtl	9.16	10.15	-5.71	-56.3	-37.81	2.35	83.5
BMO Junior Gold Index ETF	7.21	8.11	-2.78	4.3	-48.9	0.58	108.4
BMO Pr Mtl	13.85	15.09	-2.75	-18.2	-38.39	2.29	133.6
CIBC Pr Mtl	10.11	10.97	-4.62	-42.1	-40.4	2.4	141.8
Dynamic Can Pr Mtl	6.29	6.93	-6.43	-92.8	-50.67	1.65	811.6
London Life Precious Mtl	19.44	20.99	-8.38	-39.9	-42.59	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	6.42	7.05	-12.38	-175.6	-46.04	2.48	8.5
RBC Global Pr Mtl	24.23	26.35	-3.19	-12.1	-39.15	2.04	1380.4
Sentry Pr Mtl Growth	28.68	31.86	2.76	8.7	-46.14	2.75	731.5
Sprott Gold and Pr Minls	26.68	29.06	-11.45	-39.4	-45.99	2.84	854
Sprott Gold and Pr Minls F	28.44	30.99	-10.69	-34.5	-45.56	1.78	n/a
TD Pr Mtl	30.16	33.02	-7.05	-21.4	-37.43	2.15	313.9
TD Pr Mtl-A	6.36	6.96	-7.18	-103.2	-37.51	2.31	n/a
iShares TSX Global Gold Index	10.71	11.82	-5.17	-43.7	-42.52	0.55	802.1
Featured fund: BMO Junior Gold Index top holdings as of 09/30/13 (in weighted order): Alamos Gold, B2Gold, Coeur Mining, Detour Gold, AuRico Gold, Argonaut Gold, Torex Gold Resources, Centerra Gold, Alacer Gold, Semafo. Fund manager: Jones Heward investment management team.

North American stock exchange indices
						52-week
Date	5-Nov	1-Nov	31-Oct	30-Oct	29-Oct	High	Low
TSX Composite	13336.91	13361.78	13337.46	13361.26	13455.33	13471.06	11759.04
S&P/TSX-Ven Comp	948.82	952.52	955.33	958.86	964.17	1311.88	859.31
S&P TSX 60	766.17	767.76	766.99	767.47	774.04	774.64	672.36
Global Gold	175.16	177.13	171.82	179.93	188.02	340.32	154
TSX Metals & Mining	819.08	820.52	811.03	821.81	832.01	1050.76	662.2
Gold & Silver XAU	93.47	94.35	92.04	95.07	99.15	184.8	82.29
Amex Gold Bugs	233.68	227.11	236.67	245.49	241.97	492.53	206.66

TSX short positions
Short positions outstanding at Oct. 15/13 (with changes from Sept. 30/13).
Largest short positions
Lundin Mining	LUN	64007948	109080
New Gold	NGD	47694124	-439817
Osisko Mining	OSK	36821556	-1457782
Turquoise Hill	TRQ	31324695	-168948
Kinross Gold	K	27580547	10545733
Tahoe Res.	THO	19986642	-191024
Barrick Gold	ABX	19726992	-1.3E+07
Thompson Creek	TCM	18590904	116195
B2gold	BTO	15745428	-446854
Dundee Prec.	DPM	15180876	-120774
Detour Gold	DGC	15068807	15043
Teck Resources	TCK.B	13615977	8171191
First Majestic	FR	13138605	33837
Eldorado Gold	ELD	11593310	5593671
Argonaut Gold	AR	10661920	-188342
Largest increase in short position
Kinross Gold	K	27580547	10545733
Teck Resources	TCK.B	13615977	8171191
Eldorado Gold	ELD	11593310	5593671
Potash Corp.	POT	9894300	4914335
Cameco	CCO	8499539	4407612
Largest decrease in short position
Barrick Gold	ABX	19726992	-1.3E+07
First Quantum	FM	8478836	-8888611
Iamgold	IMG	3764612	-4472557
Sulliden Gold	SUE	551958	-3328172
Silver Wheaton	SLW	5900458	-2595871

TSX Venture short positions
Short positions outstanding at Oct. 15/13 (with changes from Sept. 30/13).
Largest short positions
Fission Uranium&nbs p;	FCU	2651056	1029900
Tasman Metals	TSM	1029363	1029065
Great Western	GWG	836000	-20000
GPM Metals	GPM	797500	797500
Sunset Cove	SSM	614204	-146000
Barkerville Gold	BGM	526700	-749615
Mason Graphite	LLG	504500	303000
Roxgold	ROG	381889	247500
Pelangio	PX	337000	7000
Zenyatta	ZEN	318536	-47279
Malbex	MBG	300000	0
Sunridge Gold	SGC	282500	-174500
True North Gems	TGX	265000	265000
Gold Standard	GSV	253156	700
Azincourt Uranium	AAZ	244500	82500
Largest increase in short position
Fission Uranium	FCU	2651056	1029900
Tasman Metals	TSM	1029363	1029065
GPM Metals	GPM	797500	797500
Mason Graphite	LLG	504500	303000
True North Gems	TGX	265000	265000
Largest decrease in short position
Barkerville Gold	BGM	526700	-749615
Fancamp	FNC	311	-638000
Southern Arc	SA	0	-400500
Arianne Phosphate	DAN	9200	-393400
Eagle Hill	EAG	0	-362500