Dividends (August 20, 2006)

Company	Div.	Pay	Record
	($)	Date	Date
Mesabi Trust	0.40*	Aug 20	Jul 30
Alcoa	0.15*	Aug 25	Aug 4
Noranda Incm Fd	0.085	Aug 25	Jul 31
Goldcorp	0.015*	Aug 25	Aug 18
Phelps Dodge	0.20*	Sep 1	Aug 14
Cleve-Cliff	0.125*	Sep 1	Aug 15
First Quantum	0.095	Sep 5	Aug 22
Russel Metals	0.40	Sep 15	Aug 16
Newmont Mng	0.10*	Sep 28	Sep 7
Newmont Mng	0.1141	Sep 28	Sep 7
Freeport McM cmn	0.075*	Sep 29	Sep 14
Alcoa pr3.75	0.9375*	Oct 1	Sep 8
Coeur d’Al prB	0.875*	Oct 1	Sep 14

Note: Russel Metals is raising its quarterly div 14% to 40, beginning with Sep 15 div. Freeport McMoRan Copper & Gold is paying a supplemental div of US$0.75 per common div to be paid Sep 29.

* = U.S. funds, f = formula, e = estimate