Metals, mining and money markets

Spot prices
Courtesy of Scotiabank
Tuesday, February 4 2014    
Precious Metals Price (US$/oz.) Change
Gold $1,253.00 -0.5
Silver $19.34 -0.38
Platinum $1,381.00 -39
Palladium $703.00 -20
     
Base Metals Price (US$/tonne) Change
Nickel $13,818.00 -57
Lead $2,094.00 10.5
Copper $7,041.00 3.75
Zinc $1,954.25 -1.75
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, February 3, 2014 (change from January 27, 2014 in brackets):
Aluminium Alloy 55280 (-680)
Aluminium 5415950 (-29450)
Copper 313875 (-11575)
Lead 208425 (-1250)
Nickel 265998 (+1908)
Tin 8890 (-175)
Zinc 850100 (-18975)

Producer and dealer prices

Antimony FOB China: Mid-mkt US$9,800/t
Bismuth: Mid-mkt US$9.70/lb.
Cadmium 99.9: Mid-mkt US$0.90/lb.
Coal: CME Group Central Appalachian Coal Futures
Mar. 2014: US$56.38; Apr. 2014: US$56.33
Cobalt 99.8: US$14.25/lb.
Copper: Comex Copper Futures Mar. 2014: US$3.194/lb.; Comex Apr. 2014: $3.194/lb.
Germanium: US$1,900/kg.
Germanium Dioxide: US$1,375/kg
Indium: NY Dealer Mid-mkt US$700.00/kg.
Iridium: Mid-mkt US$420.43/tr. oz.
Magnesium FOB China: Mid-mkt US$2,900.00/t.
Manganese FOB China: Mid-mkt US$2,450.00/t.
Molybdenum Oxide: US$10.00/lb.
Rhodium: Mid-mkt US$1,050.00/tr. oz.
Ruthenium: Mid-mkt US$58.39/tr. oz.
Selenium: Mid-mkt US$28.00/lb.
Silver: Base: US$19.86; Fabricated: US$23.83; Sterling: US$18.41
Tungsten: APT Tungstate FOB China mid-mkt: US$380.00 per mtu
Uranium: U3O8, Trade Tech spot price: US$35.40/lb.; Uranium Exchange Co. spot price: US$35.50/lb.
Ferrovanadium: US$26.00/kg; Vanadium-Pentoxide: US$6.00/lb.
Prices current Feb. 5, 2014

Daily metal prices
Date 3-Feb 31-Jan 30-Jan 29-Jan 28-Jan
BASE METALS  (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Al Alloy 1755/1790 1780/1815 1785/1820 1790/1830 1805/1835
Aluminum 1658/1701 1663/1708 1685.50/1729 1709/1753 1712.50/1756.50
Copper 7095/7050 7090/7061.50 7154/7115 7208/7159.50 7214.50/7171
Lead 2087/2106.50 2091/2108 2115/2125 2142/2154 2126/2136
Nickel 13825/13875 13695/13740 13850/13880 14090/14160 14075/14155
Tin 22175/22050 21900/21850 22300/22100 22140/22125 22100/22050
Zinc 1962/1963 1965/1968 1962.50/1975 2000/2009 1997/2009
           
PRECIOUS METAL PRICES (London fix, US$ per troy oz.)
Gold AM 1246.5 1246.5 1254 1254.75 1253.5
Gold PM 1262 1251 1242.5 1264 1251.25
Silver 19.27 19.31 19.41 19.68 19.72
Platinum 1386 1382 1388 1416 1418
Palladium 710 707 713 720 722
Exchange rates  
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)  
Date 3-Feb 31-Jan 30-Jan 29-Jan 28-Jan  
US$ in C$ 1.1076 1.1119 1.1171 1.1148 1.1148  
C$ in US$ 0.9029 0.8994 0.8952 0.897 0.897  
             
EXCHANGE RATES (Bank of Canada, Feb 3, 2014)
Currency Aus $ Euro Japan Mex P SA Rand UK £
In C$ 0.972 1.4978 0.01095 0.08198 0.09843 1.8061
In US$ 0.8776 1.3523 0.00989 0.07402 0.08887 1.6306
Canadian gold mutual funds
Fund name  Feb. 3  Jan. 27 Change Change YTD MER* Assets*
  ($) ($) ($) (%) (%) (%) (M$)
AGF Pr Mtl 19.2 18.9 -5.67 -39.4 13.74 2.56 698.9
Altamira Pr & Str Mtl 9.94 9.65 -5.71 -37.7 16.26 2.35 83.5
BMO Junior Gold Index ETF 7.17 7.03 -2.78 -51.5 16.54 0.58 108.4
BMO Pr Mtl 15 14.67 -2.75 -39.2 15.37 2.29 133.6
CIBC Pr Mtl 10.67 10.4 -4.62 -41.1 16.33 2.4 141.8
Dynamic Can Pr Mtl 6.33 6.21 -6.43 -52 17.44 1.65 811.6
London Life Precious Mtl 20.36 19.76 -8.38 -44.2 17.25 3.37 259.2
Middlefield Precious Metals 6.97 6.81 -12.38 -46.1 19.47 2.48 8.5
RBC Global Pr Mtl 25.56 24.93 -3.19 -39.9 14.61 2.04 1380.4
Sentry Pr Mtl Growth 31.01 30.11 2.76 -46.8 19.89 2.75 731.5
Sprott Gold and Pr Minls 28.61 28.18 -11.45 -47.8 18.36 2.84 854
Sprott Gold and Pr Minls F 30.59 30.13 -10.69 -47.4 18.48 1.78 n/a
TD Pr Mtl 32 31.45 -7.05 -37.3 13.39 2.15 313.9
TD Pr Mtl-A 6.75 6.63 -7.18 -37.4 13.36 2.31 n/a
iShares TSX Global Gold Index 11.27 11.07 -5.17 -42.1 15.53 0.55 802.1
Featured fund: CIBC Precious Metals top holdings as of 09/30/13 (in weighted order): Randgold Resources, B2Gold, New Gold, Silver Wheaton, Primero Mining, Goldcorp, Agnico Eagle Mines, Tahoe Resources, Yamana Gold. Fund manager: Craig Porter. 
North American stock exchange indices
            52-week
Date 3-Feb 31-Jan 30-Jan 29-Jan 28-Jan High Low
TSX Composite 13486.2 13694.94 13735.28 13643.22 13687.66 14002.39 11759.04
S&P/TSX-Ven Comp 940.77 951.32 952.88 958.76 958.63 1229.07 859.31
S&P TSX 60 774.29 785.53 788.69 783.31 786.23 806.34 677.55
Global Gold 180.78 182.37 183.06 187.57 181.72 283.68 149.29
TSX Metals & Mining 794.39 815.49 829.15 837.73 841.36 1016.04 662.2
Gold & Silver XAU 89.93 90.71 91.17 93.15 91.15 154.26 79.73
Amex Gold Bugs 216.44 216.77 217.01 222.55 216.78 408.25 188.39
TSX short positions
Short positions outstanding at Jan. 15/13 (with changes from Dec. 31/13).
Largest short positions
Lundin Mining  LUN 60648263 275619
New Gold  NGD 46794820 417533
Osisko Mining  OSK 44777864 1102693
Kinross Gold  K 37864222 19866134
Detour Gold  DGC 24902290 914596
Tahoe Res.  THO 19152012 -17910
Yamana Gold  YRI 17897279 13153391
Thompson Creek  TCM 17008439 830239
B2gold   BTO 15128460 -2642538
Teck Resources  TCK.B 13243615 5376293
Dundee Prec.  DPM 13022045 -164165
Barrick Gold  ABX 12619978 -2E+07
Argonaut Gold  AR 11088126 -131656
First Quantum  FM 11030336 618221
First Majestic  FR 10701518 213752
Largest increase in short position
Kinross Gold K 37864222 19866134
Yamana Gold  YRI 17897279 13153391
Teck Resources  TCK.B 13243615 5376293
Agrium   AGU 4705383 4110779
Cameco   CCO 6464011 2717558
Largest decrease in short position
Barrick Gold            ABX 12619978 -2E+07
Turquoise Hill   TRQ 6926913 -1.6E+07
Eldorado Gold          ELD 4275414 -4821744
B2gold            BTO 15128460 -2642538
Carpathian Gold  CPN 12100 -1785000
TSX Venture short positions
Short positions outstanding at Jan. 15/13 (with changes from Dec. 31/13).
Largest short positions
Graphite One         GPH 2172000 1611000
Sirios Resources  SOI 1627900 993400
Robex Resources  RBX 1339500 1319500
Great Western Mnrls  GWG 653500 -21000
Fission Uranium  FCU 558664 168573
Fission 3.0 FUU 458100 -622927
Bellhaven Copper  BHV 353000 107000
Arianne Phosphate  DAN 316800 -14600
Zodiac Exploration  ZEX 274000 274000
Sunridge Gold         SGC 225000 -23000
Colt Resources   GTP 220000 220000
Zenyatta Ventures  ZEN 193487 -33519
Big North Graphite  NRT 169000 169000
Goldquest Mining  GQC 148600 143402
Banks Island Gold  BOZ 142146 138000
Largest increase in short position
Graphite One         GPH 2172000 1611000
Robex Resources  RBX 1339500 1319500
Sirios Resources  SOI 1627900 993400
Zodiac Exploration  ZEX 274000 274000
Colt Resources   GTP 220000 220000
Largest decrease in short position
Global Cobalt  GCO 200 -1064800
Tasman Metals  TSM 39255 -659350
Fission 3.0  FUU 458100 -622927
Eastcoal  ECX 405 -600000
Rusoro Mining  RML 0 -589600
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