METALS PRICES — FREE MARKET (July 25, 1994)

London Metal Exchange

Spot closing prices in $US per tonne Date July 19 July 18 July 15 July 14 July 13

Copper 2473-2474 2453.5-2454.5 2470.5-2471.5 2466.5-2467.5 2229-2230 Lead 595.5-596.5 592.5-593.5 591.5-592.5 586.5-587.5 582-584 Zinc 981-982 983-984 985.5-986.5 971.5-972.5 968-969

Aluminum1502-1503 1514-1516 1529-1530 1525-1526 1514-1515

Nickel 6315-6325 6335-6345 6370-6380 6290-6300 6260-6270

Spot Gold, Silver, Platinum and Palladium prices

Gold … London Bullion Dealers afternoon (morning) $US per oz. 384.65(384.25) 386.50(384.90) 384.90(384.85) 384.20(384.00) 384.65(385.50) Gold … Bank of Nova Scotia, noon bid/ask $US per oz.

384.50-388.00 384.00-387.50 384.00-387.50 382.00-385.50 382.00-385.50 Silver … London Bullion Dealers, spot morning pence (US cents) per oz. 333.60(521.20) 336.40(525.50) 335.30(522.50) 330.10(516.30) 332.60(521.50) Silver … Handy & Harman, Toronto (New York) cents per oz.

720.90(523.00) 728.80(527.00) 724.80(524.00) 715.70(516.00) 719.70(519.00) Platinum … Bendix Foreign Exchange, Interbank closing $US per oz. 417.00 418.00 414.50 409.25 407.75

Palladium … Bendix Foreign Exchange, Interbank closing $US per oz. 147.50 148.00 148.50 148.25 146.75

Exchange Rates Canadian funds. Courtesy of the Bank of Montreal Treasury Group U.S. Dollar 1.3755 1.3770 1.3771 1.3817 1.3812

Pound Sterling2.1300 2.1502 2.1502 2.1555 2.1616