Metals, mning, stocks and money markets

Spot prices
Courtesy of Scotiabank
Tuesday, September 18, 2012
Precious Metals	Price (US$/oz.)	Change
Gold	$1,756.75	25.75
Silver	$34.06	0.54
Platinum	$1,657.00	61
Palladium	$676.00	8
Base Metals	Price (US$/tonne)	Change
Nickel	$17,952.00	-258
Lead	$2,260.50	4
Copper	$8,322.25	21.5
Zinc	$2,108.50	20

LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, September 10, 2012 (change from September 3 in brackets):
Aluminium Alloy	81120	(-900)
Aluminium	5017725	(+147800)
Copper	216700	(+2050)
Lead	290900	(-12250)
Nickel	120150	(-666)
Tin	11955	(+290)
Zinc	921150	(-17125)

Producer and dealer prices

Antimony: Mid-mkt US$12,750.00/t
Bismuth: Mid-mkt US$9.88/lb.
Cadmium: Mid-mkt US$0.85/lb.
Coal: CME Group Central Appalachian Coal Futures October 2012: US$56.42; November 2012: US$56.94
Cobalt: Recent trades US$13.40-14.20/lb.
Copper: Comex Copper Futures October 2012: US$3.69/lb.; Comex November 2012: $3.69/lb.
Indium: Mid-mkt US$580.00/kg.
Iridium: Mid-mkt US$1,025.00/tr. oz.
Magnesium: Mid-mkt US$3,350.00/t.
Manganese: Mid-mkt US$2,625.00/t.
Mercury: Mid-mkt US$1,850.00/flask (76 lb.).
Molybdenum: Oxide, recent trades US$11.80-12.30/lb.
Rhodium: Mid-mkt US$1,062.50.00/tr. oz.
Ruthenium: Mid-mkt US$100.00/tr. oz.
Selenium: Mid-mkt US$41.00/lb.
Silver: Base: US$33.68; Fabricated: US$40.42; Sterling: US$31.23
Tantalum: Ta2O5 ore, mid-mkt US$103/lb. CIF China
Tin: Kuala Lumpur Tin Market, US$20.09/kg
Tungsten: APT Tungstate FOB China mid-mkt: US$390.00 per mtu; APT U.S. mid-mkt: US$407.50 per mtu
Uranium: U3O8, Trade Tech spot price: US$48.00/lb.; Uranium Exchange Co. spot price: US$48.00/lb.
Ferrovanadium: Free Market V2O5, recent trades US$5.75-6.00/lb.; US Ferrovanadium: US$13.00-13.50
Prices current Sept. 11, 2012

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Daily metal prices
Date	Sep-17	Sep-14	Sep-13	Sep-12	Sep-11
BASE METALS	(London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Al Alloy	2058/2080	1988/2000	1920/1940	1925/1945	1900/1920
Aluminum	2161.50/2167	2176.50/2175	2081.50/2085	2074/2080	2056/2065
Copper	8292.50/8311	8400/8402	8055/8075	8100/8115	8079.50/8079
Lead	2242.50/2250	2243/2253.50	2112/2126	2120/2132.50	2101/2115.50
Nickel	17950/18015	17520/17550	16675/16725	16820/16875	16620/16665
Tin	21625/21550	21410/21400	20300/20300	21000/20900	20700/20685
Zinc	2053.50/2085	2072/2103	1984/2019	1998.50/2026	1976/2003
PRECIOUS METAL PRICES (London fix, US$ per troy oz.)
Gold AM	1767.25	1772.5	1730.5	1742.75	1731
Gold PM	1770	1775.5	1733.25	1737	1736.75
Silver	34.53	34.71	33	33.93	33.52
Platinum	1696	1697	1659	1644	1606
Palladium	691	702	684	678	675

Exchnage rates
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Date	Sep-17	Sep-14	Sep-13	Sep-12	Sep-11
US$ in C$	0.9723	0.971	0.9753	0.9757	0.9724
C$ in US$	1.0285	1.0299	1.0253	1.0249	1.0284
EXCHANGE RATES (Bank of Canada, September 10, 2012)
Currency	Aus $	Euro	Japan	Mex P	SA Rand	UK £
In C$	1.02	1.276	0.01236	0.07631	0.1183	1.5812
In US$	1.0491	1.3124	0.01271	0.07848	0.1217	1.6262

Canadian gold mutual funds
Fund name	Sept. 17	Sept. 10	Change	Change	YTD	MER*	Assets*
	($)	($)	($)	(%)	(%)	(%)	(M$)
AGF Pr Mtl	33.58	31.48	2.1	6.7	-1.81	2.56	698.9
Altamira Pr & Str Mtl	16.2	14.99	1.21	8.1	-4.65	2.35	83.5
BMO Junior Gold Index ETF	16.58	15.4	0.13	4.3	-2.25	0.58	108.4
BMO Pr Mtl	25.39	23.63	1.76	7.4	-1.12	2.29	133.6
CIBC Pr Mtl	19.8	18.22	1.58	8.7	-3.19	2.4	141.8
Dynamic Can Pr Mtl	15	13.96	1.04	7.4	-3.6	1.65	811.6
London Life Pr Mtl (MX)	38.49	35.97	2.52	7	-5.57	3.37	259.2
Mackenzie Un Pr Mtl C$	18.27	17.07	1.2	7	-4.86	2.44	569.9
Middlefield Precious Metals	13.41	12.43	0.98	7.9	-11.19	2.48	8.5
Quadrus Mack Un Pr Mtl	21.05	19.67	1.38	7	-5	2.7	66.7
RBC Global Pr Mtl	44.72	41.8	2.92	7	-1.7	2.04	1380.4
Sentry Pr Mtl Growth	57.83	54.28	3.55	6.5	0	2.75	731.5
Sprott Gold and Pr Minls	56.45	53.24	3.21	6	-8.4	2.84	854
Sprott Gold and Pr Minls F	59.55	56.15	3.4	6.1	-7.7	1.78	n/a
TD Pr Mtl	56.14	52.5	3.64	6.9	-3.9	2.15	313.9
TD Pr Mtl-A	11.87	11.1	0.77	6.9	-4	2.31	n/a
iShares Can Gold Sector Index	21.77	20.11	1.66	8.3	-3.12	0.55	1063.3
Featured Fund: Middlefield Precious Metals as of 06/30/12 (in weighted order): Goldcorp, Premier Gold Mines, Northern Superior Resources, Perseus Mining, Pan American Silver, Eldorado Gold, Semafo, Rio Alto Mining, Queenston Mining. Fund Manager: Dennis Da Silva.

North American stock exchange indices
						52-week
Date	Sep-17	Sep-14	Sep-13	Sep-12	Sep-11	High	Low
TSX Composite	12446.86	12499.47	12360.16	12232.62	12220.45	12788.63	10848.19
S&P/TSX-Ven Comp	1317.16	1318.11	1302.89	1282.65	1274.6	1771.55	1153.9
S&P TSX 60	713.07	716.07	708.38	700.39	699.8	728.03	622.16
Global Gold	346.88	346.28	337.42	334.18	322.24	453.09	265.99
TSX Metals & Mining	959.48	997.2	959.23	935.62	928.79	1258.22	751.86
Gold & Silver XAU	191.64	191.97	186.63	177.78	177.14	223.55	140.94
Amex Gold Bugs	518.16	517.46	503.21	479.78	477.68	635.57	372.74

TSX short positions
Short positions outstanding at Sept. 15/12 (with changes from Aug 31/12).
Largest short positions
Lundin Mining	LUN	45440502	793796
New Gold	NGD	43120245	117203
Eldorado Gold	ELD	28131091	2712546
Osisko Mining	OSK	26056189	212105
Thompson Creek	TCM	21000400	642753
Yamana Gold	YRI	17587248	-4498420
Great Basin Gold	GBG	17474344	11994843
Uranium One	UUU	16920186	7557310
Argonaut Gold	AR	16049738	-270157
Dundee Precious	DPM	15425055	18380
Aurico Gold	AUQ	14988080	97225
Tahoe Resources	THO	13324276	27605
Cameco	CCO	11073087	-3867587
Detour Gold	DGC	10654196	240687
First Quantum	FM	9656706	4207964
Largest increase in short position
Great Basin Gold	GBG	17474344	11994843
Uranium One	UUU	16920186	7557310
First Quantum	FM	9656706	4207964
Lake Shore Gold	LSG	4408718	3003305
Turquoise Hill	TRQ	4203927	2976709
Largest decrease in short position
Kinross Gold	K	6432108	-7330751
Yamana Gold	YRI	17587248	-4498420
Cameco	CCO	11073087	-386 7587
Hudbay Minerals	HBM	1311135	-3389489
Torex Gold	TXG	1020102	-2021941

TSX Venture short positions
Short positions outstanding at Sept. 15/12 (with changes from Aug. 31/12).
Largest short positions
Sandstorm Gold	SSL	2443221	-2452643
Barkerville Gold	BGM	2142618	-270300
Diamonds North	DDN	1985271	1985271
Sunridge Gold	SGC	1829874	1813215
Goldquest Mining	GQC	1536000	-288900
Great Western	GWG	1251296	-37355
Aurcana	AUN	1250311	513221
Atac Resources	ATC	904533	-2982
Focus Graphite	FMS	831421	291915
Kaminak Gold	KAM	813765	7765
Zone Resources	ZNR	715000	715000
Unigold	UGD	584500	30194
Galantas Gold	GAL	500000	500000
Bear Creek Mining	BCM	404420	-5427
Argex Titanium	RGX	372131	17208
Largest increase in short position
Diamonds North	DDN	1985271	1985271
Sunridge Gold	SGC	1829874	1813215
Zone Resources	ZNR	715000	715000
Aurcana	AUN	1250311	513221
Galantas Gold	GAL	500000	500000
Largest decrease in short position
Sandstorm Gold	SSL	2443221	-2452643
Canaco Resources	CAN	100	-430758
Goldquest Mining	GQC	1536000	-288900
Barkerville Gold	BGM	2142618	-270300
Majestic Gold	MJS	9000	-221000