Metals, mining, stocks and money markets

LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, September 10, 2012 (change from September 3 in brackets):
Aluminium Alloy	77780	(-1040)
Aluminium	5049775	(-31175)
Copper	223500	(+3550)
Lead	265075	(-16175)
Nickel	124075	(+1609)
Tin	12255	(+280)
Zinc	989500	(+12075)

Producer and dealer prices

Antimony: Mid-mkt US$12,750.00/t

Bismuth: Mid-mkt US$9.38/lb.

Cadmium: Mid-mkt US$0.83/lb.

Coal: CME Group Central Appalachian Coal Futures November 2012: US$54.68; December 2012: US$55.25

Cobalt: Recent trades US$13.70-14.75/lb.

Copper: Comex Copper Futures November 2012: US$3.80/lb.; Comex December 2012: $3.81/lb.

Indium: Mid-mkt US$580.00/kg.

Iridium: Mid-mkt US$1,025.00/tr. oz.

Magnesium: Mid-mkt US$3,300.00/t.

Manganese: Mid-mkt US$2,625.00/t.

Mercury: Mid-mkt US$1,850.00/flask (76 lb.).

Molybdenum: Oxide, recent trades US$11.25-11.55/lb.

Rhodium: Mid-mkt US$1,095.00/tr. oz.

Ruthenium: Mid-mkt US$95.00/tr. oz.

Selenium: Mid-mkt US$45.00/lb.

Silver: Base: US$34.72; Fabricated: US$41.66; Sterling: US$32.19

Tantalum: Ta2O5 ore, mid-mkt US$125/lb. CIF China

Tin: Kuala Lumpur Tin Market, US$21.66/kg

Tungsten: APT Tungstate FOB China mid-mkt: US$390.00 per mtu; APT U.S. mid-mkt: US$407.50 per mtu

Uranium: U3O8, Trade Tech spot price: US$46.50/lb.; Uranium Exchange Co. spot price: N.A..

Ferrovanadium: Free Market V2O5, recent trades US$5.25-5.50/lb.; US Ferrovanadium: US$12.75-13.00

Prices current Oct. 2, 2012

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Daily metal prices
Date	Oct-01	Sep-28	Sep-27	Sep-26	Sep-25
BASE METALS	(London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Al Alloy	1945/1970	1967/1985	1974/1960	1985/1985	1950/1970
Aluminum	2068/2098	2093.50/2125.50	2067.50/2095.50	2048/2075	2068/2096
Copper	8191/8190	8266.50/8246	8173/8172	8130/8133	8235/8239.50
Lead	2238/2247	2299.50/2300	2265/2273	2272.50/2282.50	2283/2292
Nickel	18475/18565	18515/18540	18150/18225	17925/18045	18270/18340
Tin	21895/21775	21650/21700	20945/20870	20990/20825	21390/21225
Zinc	2037/2071.50	2087.50/2112.50	2051.50/2081	2067.50/2094	2091/2125

Precious Metal Prices (London fix, US$ per troy oz.)
Gold AM	1770.5	1781	1755.25	1763.75	1766.75
Gold PM	1787	1776	1763	1744.75	1771.5
Silver	34.35	34.65	33.95	33.88	34.01
Platinum	1678	1668	1652	1621	1633
Palladium	650	642	634	624	641

Exchnage rates
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Date	Oct-01	Sep-28	Sep-27	Sep-26	Sep-25
US$ in C$	0.9827	0.9837	0.9814	0.9842	0.977
C$ in US$	1.0176	1.0166	1.019	1.0161	1.0235

EXCHANGE RATES (Bank of Canada, September 24, 2012)
Currency	Aus $	Euro	Japan	Mex P	SA Rand	UK £
In C$	1.0194	1.2676	0.0126	0.07667	0.1176	1.5862
In US$	1.0373	1.2899	0.01282	0.07802	0.1197	1.6141

Canadian gold mutual funds
Fund name	Sept. 17	Sept. 10	Change	Change	YTD	MER*	Assets*
	($)	($)	($)	(%)	(%)	(%)	(M$)
AGF Pr Mtl	33.58	31.48	2.1	6.7	-1.81	2.56	698.9
Altamira Pr & Str Mtl	16.2	14.99	1.21	8.1	-4.65	2.35	83.5
BMO Junior Gold Index ETF	16.58	15.4	0.13	4.3	-2.25	0.58	108.4
BMO Pr Mtl	25.39	23.63	1.76	7.4	-1.12	2.29	133.6
CIBC Pr Mtl	19.8	18.22	1.58	8.7	-3.19	2.4	141.8
Dynamic Can Pr Mtl	15	13.96	1.04	7.4	-3.6	1.65	811.6
London Life Pr Mtl (MX)	38.49	35.97	2.52	7	-5.57	3.37	259.2
Mackenzie Un Pr Mtl C$	18.27	17.07	1.2	7	-4.86	2.44	569.9
Middlefield Precious Metals	13.41	12.43	0.98	7.9	-11.19	2.48	8.5
Quadrus Mack Un Pr Mtl	21.05	19.67	1.38	7	-5	2.7	66.7
RBC Global Pr Mtl	44.72	41.8	2.92	7	-1.7	2.04	1380.4
Sentry Pr Mtl Growth	57.83	54.28	3.55	6.5	0	2.75	731.5
Sprott Gold and Pr Minls	56.45	53.24	3.21	6	-8.4	2.84	854
Sprott Gold and Pr Minls F	59.55	56.15	3.4	6.1	-7.7	1.78	n/a
TD Pr Mtl	56.14	52.5	3.64	6.9	-3.9	2.15	313.9
TD Pr Mtl-A	11.87	11.1	0.77	6.9	-4	2.31	n/a
iShares Can Gold Sector Index	21.77	20.11	1.66	8.3	-3.12	0.55	1063.3
Featured Fund: Middlefield Precious Metals as of 06/30/12 (in weighted order): Goldcorp, Premier Gold Mines, Northern Superior Resources, Perseus Mining, Pan American Silver, Eldorado Gold, Semafo, Rio Alto Mining, Queenston Mining. Fund Manager: Dennis Da Silva.

North American stock exchange indices
						52-week
Date	Oct-01	Sep-28	Sep-27	Sep-26	Sep-25	High	Low
TSX Composite	12370.19	12317.46	12338.85	12232.86	12257.18	12788.63	10848.19
S&P/TSX-Ven Comp	1338.7	1334.51	1322.31	1306.86	1313.21	1696.14	1153.9
S&P TSX 60	706.64	702.87	705.3	699.58	700.42	728.03	622.16
Global Gold	351.06	349.31	348.97	341.26	339.1	437.84	265.99
TSX Metals & Mining	893.84	897.53	897.85	880.31	892.28	1258.22	751.86
Gold & Silver XAU	192.1	191	192.18	186.56	185.92	216.79	140.94
Amex Gold Bugs	517.56	513.81	516.81	503.4	501.19	614.62	372.74

TSX short positions
Short positions outstanding at Sept. 15/12 (with changes from Aug 31/12).

Largest short positions
Lundin Mining	LUN	45440502	793796
New Gold	NGD	43120245	117203
Eldorado Gold	ELD	28131091	2712546
Osisko Mining	OSK	26056189	212105
Thompson Creek	TCM	21000400	642753
Yamana Gold	YRI	17587248	-4498420
Great Basin Gold	GBG	17474344	11994843
Uranium One	UUU	16920186	7557310
Argonaut Gold	AR	16049738	-270157
Dundee Precious	DPM	15425055	18380
Aurico Gold	AUQ	14988080	97225
Tahoe Resources	THO	13324276	27605
Cameco	CCO	11073087	-3867587
Detour Gold	DGC	10654196	240687
First Quantum	FM	9656706	4207964
Largest increase in short position
Great Basin Gold	GBG	17474344	11994843
Uranium One	UUU	16920186	7557310
First Quantum	FM	9656706	4207964
Lake Shore Gold	LSG	4408718	3003305
Turquoise Hill	TRQ	4203927	2976709
Largest decrease in short position
Kinross Gold	K	6432108	-7330751
Yamana Gold	YRI	17587248	-4498420
Cameco	CCO	11073087	-3867587
Hudbay Minerals	HBM	1311135	-3389489
Torex Gold	TXG	1020102	-2021941

< td colspan="4" width="303" height="17">TSX Venture short positions

Short positions outstanding at Sept. 15/12 (with changes from Aug. 31/12).

Largest short positions
Sandstorm Gold	SSL	2443221	-2452643
Barkerville Gold	BGM	2142618	-270300
Diamonds North	DDN	1985271	1985271
Sunridge Gold	SGC	1829874	1813215
Goldquest Mining	GQC	1536000	-288900
Great Western	GWG	1251296	-37355
Aurcana	AUN	1250311	513221
Atac Resources	ATC	904533	-2982
Focus Graphite	FMS	831421	291915
Kaminak Gold	KAM	813765	7765
Zone Resources	ZNR	715000	715000
Unigold	UGD	584500	30194
Galantas Gold	GAL	500000	500000
Bear Creek Mining	BCM	404420	-5427
Argex Titanium	RGX	372131	17208
Largest increase in short position
Diamonds North	DDN	1985271	1985271
Sunridge Gold	SGC	1829874	1813215
Zone Resources	ZNR	715000	715000
Aurcana	AUN	1250311	513221
Galantas Gold	GAL	500000	500000
Largest decrease in short position
Sandstorm Gold	SSL	2443221	-2452643
Canaco Resources	CAN	100	-430758
Goldquest Mining	GQC	1536000	-288900
Barkerville Gold	BGM	2142618	-270300
Majestic Gold	MJS	9000	-221000