Metals, mining and money markets

Spot prices
Courtesy of Scotiabank
Tuesday, June 17 2014    
Precious Metals Price (US$/oz.) Change
Gold $1,264.50 11
Silver $19.55 0.55
Platinum $1,431.00 -31
Palladium $811.00 -33
     
Base Metals Price (US$/tonne) Change
Nickel $19,174.00 470
Lead $2,120.00 12
Copper $6,716.25 14
Zinc $2,127.00 20.5
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 17, 2014 (change from June 10, 2014 in brackets):
Aluminium Alloy 37060 (-1400)
Aluminium 5109600 (-36925)
Copper 161200 (-5625)
Lead 192875 (+2100)
Nickel 286728 (+102)
Tin 10880 (+110)
Zinc 680650 (-15100)

Producer and dealer prices

Antimony FOB China: Mid-mkt US$9,600/t
Bismuth: Mid-mkt US$10.70/lb.
Cadmium 99.9: Mid-mkt US$0.90/lb.
Coal: CME Group Central Appalachian Coal Futures
July 2014: US$59.53; Aug. 2014: US$59.85
Cobalt 99.8: US$14.10/lb.
Copper: Comex Copper Futures July 2014: US$3.063/lb.; Comex Aug. 2014: $3.059/lb.
Germanium: US$1,950/kg.
Germanium Dioxide: US$1,350/kg
Gallium: US$290/kg
Indium: NY Dealer Mid-mkt US$750.00/kg.
Iridium: Mid-mkt US$591.36/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$1,117.27/tr. oz.
Ruthenium: Mid-mkt US$70.91/tr. oz.
Selenium: Mid-mkt US$27.00/lb.
Silver: Base: US$19.77; Fabricated: US$23.72; Sterling: US$18.33
Tungsten: APT Tungstate FOB China mid-mkt: US$380.00 per mtu
Uranium: U3O8, Trade Tech spot price: US$28.50/lb.; Uranium Exchange Co. spot price: US$28.25/lb.
Ferrovanadium: US$27.00/kg; Vanadium-Pentoxide: US$6.25/lb.
Prices current June 18, 2014

Daily metal prices
Date 16-Jun 13-Jun 12-Jun 11-Jun 10-Jun
BASE METALS  (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Al Alloy 1945/1980 1970/1980 1970/1970 1955/1955 1975/1990
Aluminum 1801.50/1843 1800.50/1842 1821.50/1861 1835/1871 1864.50/1892.50
Copper 6734.50/6699 6671/6641 6724.50/6669 6689/6656 6695/6665
Lead 2063.50/2088 2053.50/2084.50 2084/2114 2090/2118 2107.50/2129.50
Nickel 18310/18380 17925/18075 18025/18075 18300/18400 18450/18500
Tin 22650/22625 22590/22550 22825/22775 22825/22750 23000/23040
Zinc 2084.50/2092 2072.50/2083 2108/2115 2102/2120 2106/2114
           
PRECIOUS METAL PRICES (London fix, US$ per troy oz.)
Gold AM 1281.75 1273 1261.75 1262.5 1253.5
Gold PM 1276.25 1273 1265.75 1262 1259.5
Silver 19.67 19.58 19.33 19.2 19
Platinum 1441 1437 1438 1483 1478
Palladium 814 816 831 856 851
Exchange rates  
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)  
Date 16-Jun 13-Jun 12-Jun 11-Jun 10-Jun  
US$ in C$ 1.085 1.0868 1.0851 1.0867 1.0915  
C$ in US$ 0.9217 0.9201 0.9216 0.9202 0.9162  
             
EXCHANGE RATES (Bank of Canada, Mar 10, 2014)
Currency Aus $ Euro Japan Mex P SA Rand UK £
In C$ 1.0197 1.4731 0.01066 0.08329 0.101 1.8432
In US$ 0.9398 1.3577 0.00983 0.07676 0.09309 1.6988
Canadian gold mutual funds
Fund name 16-Jun  June 9 Change Change YTD MER* Assets*
  ($) ($) ($) (%) (%) (%) (M$)
AGF Pr Mtl 20.62 19 1.62 0.085 12.56 2.56 698.9
Altamira Pr & Str Mtl 10.58 9.56 1.02 0.107 11.81 2.35 83.5
BMO Junior Gold Index ETF 8 6.88 1.12 0.163 11.94 0.58 108.4
BMO Pr Mtl 15.32 14.28 1.04 0.073 9.87 2.29 133.6
CIBC Pr Mtl 11.36 10.44 0.92 0.088 13.89 2.4 141.8
Dynamic Can Pr Mtl 7.25 6.73 0.52 0.077 24.86 1.65 811.6
London Life Precious Mtl 22.25 20.89 1.36 0.065 20.29 3.37 259.2
Middlefield Precious Metals 6.74 6.78 -0.04 -0.006 16.19 2.48 8.5
RBC Global Pr Mtl 26.87 24.63 2.24 0.091 10.46 2.04 1380.4
Sentry Pr Mtl Growth 35.13 30.96 4.17 0.135 19.72 2.75 731.5
Sprott Gold and Pr Minls 30.89 27.64 3.25 0.118 14.36 2.84 854
Sprott Gold and Pr Minls F 33.17 29.66 3.51 0.118 14.85 1.78 n/a
TD Pr Mtl 34.19 31.15 3.04 0.098 10.38 2.15 313.9
TD Pr Mtl-A 7.21 6.57 0.64 0.097 10.31 2.31 n/a
iShares TSX Global Gold Index 11.43 10.57 0.86 0.081 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 16-Jun 13-Jun 12-Jun 11-Jun 3-Jun High Low
TSX Composite 15040.43 15001.61 14909.63 14892.13 14904.38 15075.7 11759.04
S&P/TSX-Ven Comp 998.69 997.33 997.97 989.2 986.92 1050.26 859.31
S&P TSX 60 858.81 856.6 851.1 850.37 851.98 861.41 677.55
Global Gold 181.91 183.57 182.29 177.45 174.79 218.9 149.29
TSX Metals & Mining 831.16 831.17 826.11 837.14 843.6 893.52 662.2
Gold & Silver XAU 91.89 92.3 91.76 89.69 88.18 115.21 79.73
Amex Gold Bugs 220.2 221.77 221.51 216.27 212.39 283.23 188.39
TSX short positions
Short positions outstanding at June. 15/14 (with changes from May. 31/14). 
Largest short positions
Lundin Mining LUN 61577313 -923703
Lundin Mining LUN 57731739 -380770
New Gold  NGD 35183624 96688
Kinross Gold K 30551901 -1.4E+07
Eldorado Gold  ELD 24527190 -6559463
Detour Gold  DGC 23579440 775347
Barrick Gold  ABX 20204661 9738532
Potash Corp. POT 19234825 -1224333
Tahoe Res.      THO 18620440 -7714  
Yamana Gold  YRI 16049255 -4551621
B2gold   BTO 15683224 -728342
Turquoise Hill  TRQ 13258267 5269891
Thompson Creek  TCM 13112306 -115467
First Quantum  FM 12968681 -1E+07
Dundee Prec.  DPM 12221031 735440
Largest increase in short position
Barrick Gold     ABX 20204661 9738532
Turquoise Hill   TRQ 13258267 5269891
Alexco Res.       AXR 2263594 1402800
Osisko Gold Roy. OR 1197000 1197000
Mandalay Res.     MND 1165600 1114351
Largest decrease in short position
Kinross Gold  K 30551901 -1.4E+07
First Quantum  FM 12968681 -1E+07
Cameco   CCO 6540740 -9311117
Eldorado Gold  ELD 24527190 -6559463
Teck Res.   TCK.B 2925401 -4986621
TSX Venture short positions
Short positions outstanding at June 15/14 (with changes from May 31/14).
Largest short positions
Algold Res. ALG 1353400 1353400
Robex Res. 

RBX 1201500 355500
Atac Res.  ATC 979552 -6700
Fission Uran.  FCU 733392 407900
Castle Res.  CRI 673200 672500
Saturn Min.  SMI 656700 346100
Malbex Res.  MBG 604000 341000
Mindoro Res.  MIO 551200 -796300
Aurcana Corp.  AUN 538801 401800
Arianne Phos.  DAN 419200 -24800
Rathdowney Res. RTH 410000 410000
Kaminak Gold  KAM 293745 165600
Zenyatta  ZEN 266098 10400
Gold Standard  GSV 257500 7100
Makena Res. MKN 250000 -30000
Largest increase in short position
Algold Res.       ALG 1353400 1353400
Castle Res.       CRI 673200 672500
Rathdowney Res.  RTH 410000 410000
Fission Uranium  FCU 733392 407900
Aurcana Corp.      AUN 538801 401800
Largest decrease in short position
Gpm Metals  GPM 0 -2553000
Donner Metals  DON 0 -2052202
Mindoro Res. MIO 551200 -796300
Alabama Graph. ALP 100 -783000
Temex Res. TME 19100 -349000
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