Metals, mining and money markets

Spot prices
Courtesy of Scotiabank
Tuesday, February 11 2014
Precious Metals Price (US$/oz.) Change
Gold $1,282.75 29.75
Silver $20.17 0.83
Platinum $1,391.00 10
Palladium $721.00 18
     
Base Metals Price (US$/tonne) Change
Nickel $14,158.00 -40
Lead $2,112.00 9
Copper $7,100.00 -19
Zinc $2,004.00 -8
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, February 10, 2014 (change from February 3, 2014 in brackets):
Aluminium Alloy 55160 (-120)
Aluminium 5377000 (-38950)
Copper 306400 (-7475)
Lead 205925 (-2500)
Nickel 265686 (-312)
Tin 8940 (+50)
Zinc 823125 (-26975)

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$57.45; Apr. 2014: US$58.05
Cobalt 99.8: US$15.25/lb.
Copper: Comex Copper Futures Mar. 2014: US$3.227/lb.; Comex Apr. 2014: $3.231/lb.
Germanium: US$1,900/kg.
Germanium Dioxide: US$1,375/kg
Indium: NY Dealer Mid-mkt US$740.00/kg.
Iridium: Mid-mkt US$430.45/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$59.41/tr. oz.
Selenium: Mid-mkt US$28.00/lb.
Silver: Base: US$20.55; Fabricated: US$24.31; Sterling: US$18.78
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$35.75/lb.
Ferrovanadium: US$26.00/kg; Vanadium-Pentoxide: US$6.00/lb.
Prices current Feb. 11, 2014

Daily metal prices
Date 10-Feb 7-Feb 6-Feb 5-Feb 4-Feb
BASE METALS  (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Al Alloy 1760/1795 1750/1785 1745/1780 1745/1780 1750/1785
Aluminum 1671.50/1714 1677.50/1718.50 1654/1696.50 1662.50/1707 1641/1686
Copper 7190/7143 7199.50/7157 7108.50/7060 7095.50/7059 7105/7058
Lead 2111/2125 2116.50/2134 2076/2097 2091/2110 2091/2109
Nickel 14260/24300 14100/14135 13815/13880 13835/13900 13855/13945
Tin 22230/22180 22265/22245 22050/22020 22125/22150 22320/22225
Zinc 2027/2023 2035/2021 1984.50/1972 1975/1971.50 1694/1963
          &nb
sp;
PRECIOUS METAL PRICES (London fix, US$ per troy oz.)
Gold AM 1273.5 1260 1258.5 1257 1253
Gold PM 1277 1259.25 1256.5 1254.5 1250.25
Silver 20.2 19.87 20.14 19.63 19.34
Platinum 1390 1379 1380 1383 1374
Palladium 721 711 714 717 702
Exchange rates  
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)  
Date 10-Feb 7-Feb 6-Feb 5-Feb 4-Feb  
US$ in C$ 1.1048 1.1018 1.1066 1.1101 1.1055  
C$ in US$ 0.9051 0.9076 0.9037 0.9008 0.9046  
             
EXCHANGE RATES (Bank of Canada, Feb 10, 2014)
Currency Aus $ Euro Japan Mex P SA Rand UK £
In C$ 0.988 1.5073 0.01082 0.08305 0.09939 1.8138
In US$ 0.8943 1.3643 0.00979 0.07517 0.08996 1.6417

Canadian gold mutual funds
Fund name  Feb. 10  Feb. 3 Change Change YTD MER* Assets*
  ($) ($) ($) (%) (%) (%) (M$)
AGF Pr Mtl 20.41 19.2 -5.67 -39.4 20.91 2.56 698.9
Altamira Pr & Str Mtl 10.52 9.94 -5.71 -37.7 23.04 2.35 83.5
BMO Junior Gold Index ETF 7.66 7.17 -2.78 -51.5 24.5 0.58 108.4
BMO Pr Mtl 15.81 15 -2.75 -39.2 21.6 2.29 133.6
CIBC Pr Mtl 11.45 10.67 -4.62 -41.1 24.8 2.4 141.8
Dynamic Can Pr Mtl 6.91 6.33 -6.43 -52 28.2 1.65 811.6
London Life Precious Mtl 21.93 20.36 -8.38 -44.2 26.29 3.37 259.2
Middlefield Precious Metals 7.4 6.97 -12.38 -46.1 26.98 2.48 8.5
RBC Global Pr Mtl 26.94 25.56 -3.19 -39.9 20.84 2.04 1380.4
Sentry Pr Mtl Growth 33.34 31.01 2.76 -46.8 28.91 2.75 731.5
Sprott Gold and Pr Minls 30.58 28.61 -11.45 -47.8 26.52 2.84 854
Sprott Gold and Pr Minls F 32.71 30.59 -10.69 -47.4 26.67 1.78 n/a
TD Pr Mtl 33.87 32 -7.05 -37.3 20.02 2.15 313.9
TD Pr Mtl-A 7.14 6.75 -7.18 -37.4 19.99 2.31 n/a
iShares TSX Global Gold Index 11.83 11.27 -5.17 -42.1 21.21 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 10-Feb 7-Feb 6-Feb 5-Feb 4-Feb High Low
TSX Composite 13794.18 13786.5 13713.4 13559.69 13504.48 14002.39 11759.04
S&P/TSX-Ven Comp 967.41 962.1 952.8 942.5 947.71 1211.3 859.31
S&P TSX 60 791.18 790.13 786.09 776.76 773.98 806.34 677.55
Global Gold 189.7 183.62 178.42 179.4 182.01 282.54 149.29
TSX Metals & Mining 832.23 830.88 815.6 797.52 796.46 983.17 662.2
Gold & Silver XAU 95.05 92.22 89.42 89.46 90.55 151.07 79.73
Amex Gold Bugs 225.4 218.58 212.78 213.33 217.51 399.57 188.39
TSX short positions
Short positions outstanding at Jan. 31/13 (with changes from Jan. 15/14).
Largest short positions
Lundin Mining  LUN 59946846 -701417
Osisko Mining  OSK 43056301 -1721563
Kinross Gold  K 38476484 612262
New Gold. NGD 37313906 -9480914
Detour Gold  DGC 25589330 687040
Yamana Gold  YRI 22633451 4736172
Tahoe Res.  THO 19336074 184062
Potash Corp. POT 18898885 9187886
Thompson Creek  TCM 17119901 111462
B2gold   BTO 15356511 228051
Torex Gold  TXG 12769820 10061287
Dundee Prec.  DPM 12657641 -364404
Argonaut Gold  AR 11504973 416847
Goldcorp  G 10542878 3525070
First Majestic  FR 10457348 -244170
Largest increase in short position
Torex Gold  TXG 12769820 10061287
Potash Corp. POT 18898885 9187886
Asanko Gold  AKG 8833389 5304586
Yamana Gold  YRI 22633451 4736172
Timmins Gold  TMM 4953830 4268047
Largest decrease in short position
New Gold  NGD 37313906 -9480914
Teck Resources  TCK.B 8801817 -4441798
Turquoise Hill  TRQ 3077926 -3848987
Barrick Gold  ABX 8849738 -3770240
Hudbay Min.  HBM 5844975 -2484740

TSX Venture short positions
Short positions outstanding at Jan. 31/13 (with changes from Jan. 15/14).
Largest short positions
Lomiko Metals          LMR 2525500 2513000
True Gold Mining TGM 1462346 1457300
Great Western          GWG 751500 98000
Sirios Resources  SOI 659900 -968000
Fission Uranium  FCU 600500 41836
Fission 3.0          FUU 466100 8000
Arianne Phosphate  DAN 452300 135500
Tomagold           LOT 315000 295000
Sunridge Gold          SGC 314500 89500
Plate Resources  PLR 313500 313500
Galantas Gold         GAL 300114 300000
Robex Resources  RBX 300000 -1039500
Zenyatta Ventures  ZEN 249544 56057
Radisson Mining  RDS 221000 221000
Temex Resources  TME 163600 163600
Largest increase in short position
Lomiko Metals          LMR 2525500 2513000
True Gold Mining  TGM 1462346 1457300
Plate Resources  PLR 313500 313500
Galantas Gold         GAL 300114 300000
Tomagold           LOT 315000 295000
Largest decrease in short position
Graphite One            GPH 100000 -2072000
Robex Resources  RBX 300000 -1039500
Sirios Resources  SOI 659900 -968000
Bellhaven Copper  BHV 0 -353000
Zodiac Exploration  ZEX 0 -274000
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