Posted By: Northern Miner Staff
August 6, 2014
Volume 100 Number 26 Aug 11 - 17, 2014
Spot prices
Courtesy of Scotiabank
Tuesday, August 5, 2014
Precious Metals
Price (US$/oz.)
Change
Gold
$1,292.75
-14.75
Silver
$20.20
-0.44
Platinum
$1,463.00
-25
Palladium
$855.00
-3
Base Metals
Price (US$/tonne)
Change
Nickel
$18,452.00
-39
Lead
$2,240.00
-38.25
Copper
$7,048.00
-80
Zinc
$2,374.25
-19.5
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 28, 2014 (change from July 21, 2014 in brackets):
Aluminium Alloy
33620
(-520)
Aluminium
4954550
(-22675)
Copper
146175
(-4725)
Lead
215650
(+1225)
Nickel
317544
(+5742)
Tin
11780
(+5)
Zinc
655675
(+3225)
Producer and dealer prices
Antimony FOB China: Mid-mkt US$9,350/t Bismuth: Mid-mkt US$10.60/lb. Cadmium 99.9: Mid-mkt US$0.92/lb. Coal: CME Group Central Appalachian Coal Futures Sept. 2014: US$59.90; Oct. 2014: US$59.30 Cobalt 99.8: US$16.25/lb. Copper: Comex Copper Futures Sept. 2014: US$3.18/lb.; Comex Sept. 2014: $3.18/lb. Germanium: US$1,950/kg. Germanium Dioxide: US$1,350/kg Gallium: US$290/kg Indium: NY Dealer Mid-mkt US$720.00/kg. Iridium: Mid-mkt US$620.87/tr. oz. Magnesium FOB China: Mid-mkt US$2,700.00/t. Manganese FOB China: Mid-mkt US$2,250.00/t. Mercury (flask): US$3,000 Molybdenum Oxide: US$13.50/lb. Rhodium: Mid-mkt US$1,210.43/tr. oz. Ruthenium: Mid-mkt US$68.00/tr. oz. Selenium: Mid-mkt US$26.00/lb. Silver: Base: US$19.83; Fabricated: US$23.79; Sterling: N.A. Tungsten: APT Tungstate FOB China mid-mkt: US$370.00 per mtu Uranium: U3O8, Trade Tech spot price: US$28.50/lb.; Uranium Exchange Co. spot price: US$28.75/lb. Ferrovanadium: US$27.50/kg; Vanadium-Pentoxide: US$6.30/lb. Prices current Aug. 6, 2014
Daily metal prices
Date
4-Aug
1-Aug
31-Jul
30-Jul
29-Jul
BASE METALS
(London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Al Alloy
1955/1970
1950/1970
1965/1984
1975/1990
1980/1990
Aluminum
1978/2003
1964/1970
2016/2020
1982/1993
1973.50/1985
Copper
7102/7095
7077.50/7059
7135/7119.50
7089/7060
7115.50/7102
Lead
2239.50/2251.50
2196/2206
2236.50/2245.50
2217/2231
2264/2276
Nickel
18360/18475
18275/18350
18760/18775
18675/18800
18520/18590
Tin
22350/22400
22475/22460
22925/22925
22525/22575
22575/22725
Zinc
2358.50/2359
2346.50/2335
2399/2369.50
2357.50/2348.50
2387.50/2380.50
PRECIOUS METAL PRICES (London fix, US$ per troy oz.)
Gold AM
1297.5
1307.5
1305
1292.5
1300
Gold PM
1294.5
1299.25
1304.5
1294.75
1292.75
Silver
20.54
20.64
20.63
20.46
20.84
Platinum
1480
1485
1486
1473
1469
Palladium
878
884
884
876
869
Exchange rates
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Date
4-Aug
1-Aug
31-Jul
30-Jul
29-Jul
US$ in C$
N/A
1.0919
1.089
1.0909
1.0851
C$ in US$
N/A
0.9158
0.9183
0.9167
0.9216
EXCHANGE RATES (Bank of Canada, August 1, 2014)
Currency
Aus $
Euro
Japan
Mex P
SA Rand
UK £
In C$
1.0158
1.467
0.01066
0.08261
0.102
1.8378
In US$
0.9303
1.3435
0.00976
0.07566
0.09342
1.6831
Canadian gold mutual funds
Fund name
Aug. 5
July 29
Change
Change
YTD
MER*
Assets*
($)
($)
($)
(%)
(%)
(%)
(M$)
AGF Pr Mtl
22.23
22.71
-0.48
-0.021
31.69
2.76
242.39
Altamira Pr & Str Mtl
11.47
11.73
-0.26
-0.022
34.15
2.44
n/a
BMO Junior Gold Index ETF
8.18
8.47
-0.29
-0.034
32.87
0.62
67.93
BMO Pr Mtl
16.17
16.57
-0.4
-0.024
24.38
2.41
72.85
CIBC Pr Mtl
12.32
12.57
-0.25
-0.02
34.33
2.48
65.05
Dynamic Pr Mtl
4.42
4.49
-0.07
-0.016
48.32
2.65
276.22
London Life Precious Mtl
24.39
24.78
-0.39
-0.016
40.41
3.55
133.53
Mackenzie Pr Mtl-A
44.16
44.86
-0.7
-0.016
41.29
2.61
329.59
RBC Global Pr Mtl
29.2
29.9
-0.7
-0.023
30.91
2.13
598.57
Sentry Pr Mtl Growth
37.06
37.74
-0.68
-0.018
43.28
2.77
547.44
Sprott Gold and PM-F
4.5
4.56
-0.06
-0.013
39.26
2.5
n/a
Sprott Gold and Pr Minls
33.35
33.81
-0.46
-0.014
37.98
2.93
242.14
TD Pr Mtl-A
7.8
7.94
-0.14
-0.018
30.84
2.45
n/a
TD Pr Mtl-I
36.96
37.63
-0.67
-0.018
30.97
2.27
144.23
iShares TSX Global Gold Index
12.39
12.57
-0.18
-0.014
27.6
0.55
704.29
Featured fund: TD Pr Mtl-A top holdings as of 08/31/13 (in weighted order): Goldcorp, Franco-Nevada, Silver Wheaton, Freeport McMoRan Copper & Gold, iShares Gold Bullion ETF, Barrick Gold, Yamana Gold, Agnico Eagle Mines, Osisko Mining, Kinross Gold, B2Gold, Torex Gold Resources, Fortuna Silver Mines, New Gold. Fund manager: Anish Chopra.
North American stock exchange indices
52-week
Date
4-Aug
1-Aug
31-Jul
30-Jul
29-Jul
High
Low
TSX Composite
N/A
15215.26
15330.74
15524.82
15446.55
15527.3
12400.15
S&P/TSX-Ven Comp
N/A
1000.63
1001.52
1011.1
1016.5
1050.26
883.52
S&P TSX 60
N/A
876.34
884.33
896.57
890.56
896.74
709.99
Global Gold
N/A
198.52
195.94
200.44
201.69
218.9
149.29
TSX Metals & Mining
N/A
919.27
928.43
949.97
942.69
954.68
691.69
Gold & Silver XAU
98.31
99.49
98.87
100.91
101.86
115.21
79.73
Amex Gold Bugs
234.57
237.03
233.89
239.07
241.8
283.23
188.39
TSX short positions
Short positions outstanding at July 31/14 (with changes from July 15/14).
Largest short positions
Lundin Mining
LUN
56462980
-28230
Kinross
K
37521199
17393070
New Gold
NGD
31044604
252549
PotashCorp
POT
25614663
14729289
B2gold
BTO
22483248
1335758
Detour Gold
DGC
22098041
-864351
Torex Gold
TXG
19918831
6553271
Tahoe Res.
THO
18383456
-69633
Teck
TCK.B
14791182
3628344
Yamana
YRI
13040190
770373
Argonaut Gold
AR
12321451
404209
Cameco
CCO
12231251
4969217
Thompson Creek
TCM
12009980
-86108
Barrick Gold
ABX
11972760
-1.1E+07
First Majestic
FR
10776663
108846
Largest increase in short position
Kinross
K
37521199
17393070
PotashCorp
POT
25614663
14729289
Torex Gold
TXG
19918831
6553271
Cameco
CCO
12231251
4969217
Teck
TCK.B
14791182
3628344
Largest decrease in short position
Barrick Gold
ABX
11972760
-1.1E+07
Hudbay Min.
HBM
4849610
-4266079
Eldorado Gold
ELD
5371311
-3345658
Dundee Precious Mtls
DPM
10065494
-2116717
Pretium Res.
PVG
1044792
-1712886
TSX Venture short positions
Short positions outstanding at July 31/14 (with changes from July 15/14).
Largest short positions
Aurcana
AUN
1333672
165571
Azincourt Uran.
AAZ
945900
911900
Fission Uran.
FCU
740257
46857
Pure Gold Min.
PGM
507500
507500
Robex Res.
RBX
477000
128000
Zenyatta
ZEN
455209
39492
Nemaska Lit.
NMX
397000
-7500
Arianne Phos.
DAN
390800
-26400
Glen Eagle Res.
GER
372500
372500
Superior Copper
SPC
303100
-91000
Makena Res.
MKN
300000
300000
Kaminak Gold
KAM
294431
-781769
West African Res.
WAF
279500
279500
Aftermath Sil.
AAG
269800
269800
Mason Graphite
LLG
261500
156500
Largest increase in short position
Azincourt Uran.
AAZ
945900
911900
Pure Gold Min.
PGM
507500
507500
Glen Eagle Res.
GER
372500
372500
Makena Res.
MKN
300000
300000
West African Res.
WAF
279500
279500
Largest decrease in short position
Commerce Res.
CCE
0
-1175000
Atac Res.
ATC
37048
-921152
Kaminak Gold
KAM
294431
-781769
Mindoro
MIO
0
-661100
Lamelee Iron Ore
LIR
0
-468500
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