Metals, mining and money markets

Spot prices
Courtesy of Scotiabank
Tuesday, September 2, 2014
Precious Metals Price (US$/oz.) Change
Gold $1,277.75 -8.75
Silver $19.20 -0.29
Platinum $1,418.00 -4
Palladium $901.00 15
     
Base Metals Price (US$/tonne) Change
Nickel $18,672.00 -55
Lead $2,247.00 15
Copper $6,975.25 32.75
Zinc $2,385.00 28.75
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, September 1, 2014 (change from August 26, 2014 in brackets):
Aluminium Alloy 31160 (-200)
Aluminium 4796075 (-37850)
Copper 148025 (+1800)
Lead 220550 (+3350)
Nickel 328860 (+2640)
Tin 12445 (-790)
Zinc 740575 (+6450)

Producer and dealer prices

Antimony FOB China: Mid-mkt US$9,400/t
Bismuth: Mid-mkt US$12.30/lb.
Cadmium 99.9: Mid-mkt US$0.92/lb.
Coal: CME Group Central Appalachian Coal Futures
Oct. 2014: US$57.15; Nov. 2014: US$57.23
Cobalt 99.8: US$16.25/lb.
Copper: Comex Copper Futures Oct. 2014: US$3.1485/lb.; Comex Nov. 2014: $3.1495/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$629.52/tr. oz.
Magnesium FOB China: Mid-mkt US$2,600.00/t.
Manganese FOB China: Mid-mkt US$2,250.00/t.
Mercury (flask): US$2,700.00
Molybdenum Oxide: US$13.50/lb.
Rhodium: Mid-mkt US$1,376.43/tr. oz.
Ruthenium: Mid-mkt US$67.62/tr. oz.
Selenium: Mid-mkt US$26.00/lb.
Silver: Base: US$19.11; Fabricated: S$23.94; Sterling: N.A.
Tungsten: APT Tungstate FOB China mid-mkt: US$370.00 per mtu
Uranium: U3O8, Trade Tech spot price: US$31.25/lb.; The UX Consulting Company spot price: US$31.00/lb.
Ferrovanadium: US$26.50/kg; Vanadium-Pentoxide: US$5.50/lb.
Prices current Sept. 3, 2014

Daily metal prices
Date 1-Sep 29-Aug 28-Aug 27-Aug 26-Aug
BASE METALS  (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Al Alloy 2095/2110 2055/2070 2075/2095 2085/2100 2035/2050
Aluminum 2081.50/2095 2113.50/2113 2107.50/2088 2082/2086 2081.50/2088.50
Copper 6966/6941 6994/6970 7032/7000 7050/7029 7095/7068
Lead 2229.50/2230 2258/2251 2254/2252 2250/2257 2256/2262.50
Nickel 18655/18810 18450/18570 18640/18750 18630/18720 18800/18880
Tin 21675/21650 21800/21875 21795/21800 21905/21975 22070/22150
Zinc 2350/2359 2358/2360 2359/2359 2349/2353 2359/236
           
PRECIOUS METAL PRICES (London fix, US$ per troy oz.)
Gold AM 1287.25 1285.75 1288 1285 1286.5
Gold PM N/A 1285.75 1292 1282.75 1286
Silver 19.49 19.47 19.75 19.32 19.49
Platinum N/A 1424 1428 1420 1423
Palladium N/A 898 898 887 888
Exchange rates  
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)  
Date 1-Sep 29-Aug 28-Aug 27-Aug 26-Aug  
US$ in C$ N/A 1.0858 1.0857 1.0891 1.0951  
C$ in US$ N/A 0.921 0.9211 0.9182 0.9132  
             
EXCHANGE RATES (Bank of Canada, August 29, 2014)
Currency Aus $ Euro Japan Mex P SA Rand UK £
In C$ 1.0145 1.4278 0.01044 0.08308 0.1019 1.8007
In US$ 0.9343 1.315 0.00962 0.07652 0.09385 1.6584
Canadian gold mutual funds
Fund name Sept. 2 Aug. 26 Change Change YTD MER* Assets*
  ($) ($) ($) (%) (%) (%) (M$)
AGF Pr Mtl 21.8 22.01 -0.21 -0.01 29.15 2.76 239.72
Altamira Pr & Str Mtl 11.23 11.4 -0.17 -0.015 31.35 2.44 n/a
BMO Junior Gold Index ETF 8.22 8.3 -0.08 -0.01 33.5 0.62 63.06
BMO Pr Mtl 16 16.15 -0.15 -0.009 23.12 2.41 70.92
CIBC Pr Mtl 11.78 11.93 -0.15 -0.013 28.45 2.48 63.74
Dynamic  Pr Mtl 4.29 4.29 0 0 43.96 2.65 277.7
London Life Precious Mtl 23.47 23.86 -0.39 -0.016 35.14 3.55 131.08
Mackenzie Pr Mtl-A 42.54 43.24 -0.7 -0.016 36.09 2.61 326
RBC Global Pr Mtl 28.46 28.82 -0.36 -0.012 27.63 2.13 590.85
Sentry Pr Mtl Growth 35.79 36.11 -0.32 -0.009 38.39 2.77 524.78
Sprott Gold and PM-F 4.47 4.54 -0.07 -0.015 38.44 2.5 n/a
Sprott Gold and Pr Minls 33.13 33.66 -0.53 -0.016 37.05 2.93 239.46
TD Pr Mtl-A 7.57 7.67 -0.1 -0.013 27.1 2.45 n/a
TD Pr Mtl-I 35.91 36.35 -0.44 -0.012 27.25 2.27 143.74
iShares TSX Global Gold Index 12.42 12.43 -0.01 -0.001 26.07 0.55 703.3
Featured fund:  iShares S&P/TSX Global Gold Index top holdings as of 07/31/14 (in weighted order): Goldcorp, Barrick Gold, Newmont Mining, Franco-Nevada, Agnico Eagle Mines, Yamana Gold, Eldorado Gold, Royal Gold. Fund manager: BlackRock Asset Management. 
North American stock exchange indices
            52-week
Date 1-Sep 29-Aug 28-Aug 27-Aug 26-Aug High Low
TSX Composite N/A 15625.73 15558.17 15602.65 15619.21 15653.38 12653.9
S&P/TSX-Ven Comp N/A 1023.99 1022.37 1019.34 1015.36 1050.26 883.52
S&P TSX 60 N/A 898.26 894.54 897.03 897.61 900.42 727.13
Global Gold N/A 202.1 199.15 197.54 199.39 215.56 149.29
TSX Metals & Mining N/A 879.99 877.34 897.02 904.29 954.68 703.86
Gold & Silver XAU N/A 102.27 101.04 100.07 100.21 107.39 79.73
Amex Gold Bugs N/A 245.53 242.46 239.74 240.02 261.36 188.39
TSX short positions
Short positions outstanding at Aug. 15/14 (with changes from July 30/14).
Largest short positions
Lundin Mining  CCO 56234648 -228332
Kinross Gold  K 38271275 750076
New Gold  NGD 30805555 -239049
PotashCorp  POT 25837740 223077
Yamana Gold  YRI 23860956 10820766
B2Gold  BTO 22860067 376819
Detour Gold  DGC 22248519 150478
Tahoe Res.  THO 17887100 -496356
Teck Res.  TCK.B 17754938 2963756
Cameco  CCO 14043651 1812400
Argonaut Gold  AR 11906952 -414499
Thompson Creek  TCM 11557098 -452882
Torex Gold  TXG 11225737 -8693094
First Majestic  FR 10709851 -66812
Dundee Pr Mtls  DPM 9646767 -418727
Largest increase in short position
Yamana Gold  YRI 23860956 10820766
Teck Res. TCK.B 17754938 2963756
Eldorado Gold  ELD 7448805 2077494
Cameco CCO 14043651 1812400
Goldcorp  G 4501682 959079
Largest decrease in short position
Torex Gold TXG 11225737 -8693094
Rio Alto Min.  RIO 1523626 -7623200
Barrick Gold  ABX 8981061 -2991699
Elgin Mining  ELG 10000 -1500000
Dalradian Res.  DNA 144600 -1120400
TSX Venture short positions
Short positions outstanding at Aug. 15/14 (with changes from July 30/14).
Largest short positions
Aurcana  AUN 1421672 88000
Coastal Gold  COD 1160000 1160000
Fission Uran. FCU 1098057 357800
VVC Exp. VVC 1000000 1000000
Niocorp Dev. NB 694436 691300
Lomiko Mtls LMR 591000 591000
Pure Gold  PGM 480000 -27500
Arianne Phos. DAN 390800 0
Gold Canyon GCU 357800 217800
First Bauxite  FBX 300000 295000
Mason Graphite  LLG 273000 11500
Northern Grap.  NGC 245452 102900
Zenyatta Ven.  ZEN 226909 -228300
Lumina Copper LCC 216993 21500
Gold Standard  GSV 213100 213000
Largest increase in short position
Coastal Gold COD 1160000 1160000
VVC Exp. VVC 1000000 1000000
Niocorp Dev. NB 694436 691300
Lomiko Mtls LMR 591000 591000
Fission Uran. FCU 1098057 357800
Largest decrease in short position
Azincourt Uran  AAZ 0 -945900
Robex Res.  RBX 0 -477000
Glen Eagle Res  GER 0 -372500
Makena Res.  MKN 2000 -298000
Kaminak Gold KAM 18931 -275500
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