Metals, mining and money markets

Spot prices
Courtesy of Scotiabank
Tuesday, May 27 2014    
Precious Metals Price (US$/oz.) Change
Gold $1,283.00 -8.5
Silver $19.25 -0.12
Platinum $1,473.00 4
Palladium $831.00 14
     
Base Metals Price (US$/tonne) Change
Nickel $19,650.00 51
Lead $2,148.25 -2
Copper $6,936.25 18.25
Zinc $2,085.50 2
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 23, 2014 (change from May 16, 2014 in brackets):
Aluminium Alloy 44920 (-7720)
Aluminium 5230600 (-33850)
Copper 175850 (-10675)
Lead 192275 (+1325)
Nickel 280404 (-588)
Tin 10760 (+1095)
Zinc 728425 (-23225)

Producer and dealer prices

Antimony FOB China: Mid-mkt US$9,400/t
Bismuth: Mid-mkt US$10.70/lb.
Cadmium 99.9: Mid-mkt US$0.90/lb.
Coal: CME Group Central Appalachian Coal Futures
June 2014: US$62.00; July 2014: US$62.20
Cobalt 99.8: US$14.15/lb.
Copper: Comex Copper Futures June 2014: US$3.187/lb.; Comex July 2014: $3.179/lb.
Germanium: US$1,950/kg.
Germanium Dioxide: US$1,375/kg
Gallium: US$300/kg
Indium: NY Dealer Mid-mkt US$755.00/kg.
Iridium: Mid-mkt US$580.00/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$3,300
Molybdenum Oxide: US$15.00/lb.
Rhodium: Mid-mkt US$1,059.00/tr. oz.
Ruthenium: Mid-mkt US$72.00/tr. oz.
Selenium: Mid-mkt US$28.00/lb.
Silver: Base: US$19.44; Fabricated: US$23.32; Sterling: N.A.
Tungsten: APT Tungstate FOB China mid-mkt: US$370.00 per mtu
Uranium: U3O8, Trade Tech spot price: US$28.25/lb.; Uranium Exchange Co. spot price: US$28.00/lb.
Ferrovanadium: US$27.50/kg; Vanadium-Pentoxide: US$6.25/lb.
Prices current May 27, 2014

Daily metal prices
Date 26-May 23-May 22-May 21-May 20-May
BASE METALS  (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Al Alloy N/A 1979.50/2005 1915/1945 1900/1930 1890/1930
Aluminum N/A 1781/1818 1745/1785 1714/1755.50 1721.50/1764
Copper N/A 6990/6918 6945/6869.50 6840.50/6802 6922/6884
Lead N/A 2121/2144 2112/2137.50 2084.50/2108 2113/2138.50
Nickel N/A 19615/19575 19665/19655 19400/19450 19675/19630
Tin N/A 23325/23295 23375/23275 23025/22995 23300/23175
Zinc N/A 2083/2089 2080/2083 2048.50/2053 2082.50/2086
           
PRECIOUS METAL PRICES (London fix, US$ per troy oz.)
Gold AM N/A 1292 1294.5 1292 1291.5
Gold PM N/A 1291.5 1298.5 1287.25 1295.5
Silver N/A 19.42 19.56 19.31 19.37
Platinum N/A 1483 1492 1474 1469
Palladium N/A 828 837 828 820
Exchange rates  
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)  
Date 26-May 23-May 22-May 21-May 20-May  
US$ in C$ 1.0854 1.087 1.0898 1.0933 1.0901  
C$ in US$ 0.9213 0.92 0.9176 0.9147 0.9173  
             
EXCHANGE RATES (Bank of Canada, May 26, 2014)
Currency Aus $ Euro Japan Mex P SA Rand UK £
In C$ 1.0037 1.4814 0.01065 0.08439 0.1048 1.8282
In US$ 0.9239 1.3618 0.00979 0.07759 0.09559 1.6799
Canadian gold mutual funds
Fund name  May 26  May 16 Change Change YTD MER* Assets*
  ($) ($) ($) (%) (%) (%) (M$)
AGF Pr Mtl 19 19.22 -0.22 -0.011 12.56 2.56 698.9
Altamira Pr & Str Mtl 9.56 9.85 -0.29 -0.029 11.81 2.35 83.5
BMO Junior Gold Index ETF 6.88 7.08 -0.2 -0.028 11.94 0.58 108.4
BMO Pr Mtl 14.28 14.58 -0.3 -0.021 9.87 2.29 133.6
CIBC Pr Mtl 10.44 10.77 -0.33 -0.031 13.89 2.4 141.8
Dynamic Can Pr Mtl 6.73 6.78 -0.05 -0.007 24.86 1.65 811.6
London Life Precious Mtl 20.89 21.6 -0.71 -0.033 20.29 3.37 259.2
Middlefield Precious Metals 6.78 6.92 -0.14 -0.02 16.19 2.48 8.5
RBC Global Pr Mtl 24.63 25.37 -0.74 -0.029 10.46 2.04 1380.4
Sentry Pr Mtl Growth 30.96 32.3 -1.34 -0.041 19.72 2.75 731.5
Sprott Gold and Pr Minls 27.64 28.55 -0.91 -0.032 14.36 2.84 854
Sprott Gold and Pr Minls F 29.66 30.63 -0.97 -0.032 14.85 1.78 n/a
TD Pr Mtl 31.15 31.96 -0.81 -0.025 10.38 2.15 313.9
TD Pr Mtl-A 6.57 6.74 -0.17 -0.025 10.31 2.31 n/a
iShares TSX Global Gold Index 10.57 11.04 -0.47 -0.043 8.69 0.55 802.1
Featured Fund: London Life Precious Metals top holdings as of 01/31/14 (in weighted order): Randgold Resources, Goldcorp, Anglogold Ashanti, Detour Gold, Barrick Gold, Royal Gold, Yamana Gold, Largo Resources, B2Gold. Fund Manager: Benoit Gervais.
North American stock exchange indices
            52-week
Date 26-May 23-May 22-May 21-May 20-May High Low
TSX Composite 14715.69 14708.1 14702.29 14649.86 14525.19 14765.15 11759.04
S&P/TSX-Ven Comp 994.9 987.95 978.77 974.11 970.15 1050.26 859.31
S&P TSX 60 842.87 842.74 842.49 839.65 832.13 846.76 677.55
Global Gold 176.32 176.74 178.17 178.48 177.52 218.9 149.29
TSX Metals & Mining 891.92 885.15 881.75 870.41 864.28 893.52 662.2
Gold & Silver XAU N/A 88.22 88.77 88.7 88.68 196.71 82.29
Amex Gold Bugs N/A 216.13 217.07 217.22 217.04 284.21 188.39
TSX short positions
Short positions outstanding at May. 15/14 (with changes from Apr. 30/14).
Largest short positions
Lundin Mining LUN 59842283 256316
Kinross Gold  K 43417307 3012909
New Gold  NGD 37112216 -1335235
Potash Corp. POT 28004350 880251
Yamana Gold  YRI 24243770 1755569
Detour Gold  DGC 23868659 515942
Tahoe Res.  THO 18652483 -214436
First Quantum  FM 18451232 3158679
Eldorado Gold  ELD 17454662 1479595
B2gold  BTO 16786357 -1096290
Thompson Creek  TCM 13705043 197800
Cameco  CCO 13542012 2324071
Argonaut Gold  AR 11847509 3185
Dundee Prec. DPM 11530041 -965200
Teck Resources  TCK.B 11207088 -3415567
Largest increase in short position
First Quantum  FM 18451232 3158679
Kinross Gold  K 43417307 3012909
Stornoway  SWY 2960100 2503600
Cameco   CCO 13542012 2324071
Marengo Mining  MRN 2201000 2201000
Largest decrease in short position
Transglobe  TGL 1383430 -9134591
Teck Resources  TCK.B 11207088 -3415567
Osisko Mining  OSK 2587222 -2829155
Silver Wheaton  SLW 1748811 -1979167
Rubicon Min. RMX 2667375 -1443435
TSX Venture short positions
Short positions outstanding at May. 15/14 (with changes from Apr. 30/14).
Largest short positions
Everton Resources  EVR 36998395 11067685
Donner Metals     DON 1423050 627079
Atac Resources   ATC 980852 -35600
Minaurum Gold    MGG 776500 700000
Cadan Resources  CXD 460000 460000
Arianne Phosphate  DAN 423000 -33500
Probe Mines      PRB 338131 174000
Png Gold         PGK 325000 325000
Touchstone Explr. TAB 299000 299000
Jet Gold         JAU 290500 -109500
Zenyatta Ventures  ZEN 255498 100
Gold Standard     GSV 250400 -750000
Mega Precious    MGP 231000 229500
Fission Uranium  FCU 225792 -734500
Bear Creek       BCM 220500 140800
Largest increase in short position
Everton Res.  EVR 36998395 11067685
Minaurum Gold  MGG 776500 700000
Donner Metals  DON 1423050 627079
Cadan Resources CXD 460000 460000
PNG Gold  PGK 325000 325000
Largest decrease in short position
Red Pine          RPX 162000 -1383000
Gold Standard     GSV 250400 -750000
Fission Uranium  FCU 225792 -734500
Brazil Resources  BRI 500 -517500
Scorpio Gold      SGN 500 -470000
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