Metals, mining and money markets

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
Print

 

Republish this article

Be the first to comment on "Metals, mining and money markets"

Leave a comment

Your email address will not be published.


*


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close