Lending Rates (November 17, 2003)

as of 4 pm ET, Nov. 11, 2003(%)

Bank of Canada3.00

Target overnight rate2.75

Canadian Prime4.50

U.S. Discount Primary2.00

U.S. Fed Funds market rate1.00

U.S. Prime4.00

LIBOR US$ 3-month1.18

LIBOR US$ 6-month1.27

LIBOR US$ 1-year1.57

Gold lease 3-month0.13

Gold lease 6-month0.22

Gold lease 1-year1.52

Silver lease 3-month0.53

Silver lease 1-year0.77

Platinum lease 3-month4.68

Platinum lease 1-year6.57

Metal lease rates from www.kitco.com

Dividends

CompanyDiv.PayRecord

($)DateDate

Goldcorp0.015*Nov 11Nov 3

Falconbridge0.10Nov 12Oct 29

Noranda prF0.09375eNov 12Oct 31

Potash C Sask0.25*Nov 14Oct 24

Phelps Dodge cpr1.6875Nov 17Oct 1

Alcan prC0.295Nov 20Nov 5

Noranda Incm Fd0.085Nov 25Oct 31

Falconbridge prA0.3672Dec 1Nov 17

Russel Metals0.08Dec 15Nov 6

Russel pr0.46875Dec 15Nov 6

Barrick Gold0.11*Dec 15Dec 1

Noranda0.12Dec 15Nov 28

Newmont Mng0.05*Dec 17Dec 10

Newmont Mng Canada0.06548Dec 17Dec 10

NorandaprH 0.40625Dec 31Nov 15

Notes: Goldcorp begins paying its dividend monthly rather than bi-monthly, and has boosted the dividend by 3 to US18 annually. Newmont Mining and Newmont Mining Canada are increasing their quarterly dividends, respectively, from US$0.04 to US$0.05 (25%) and from C$0.056 to C$0.06548 (16.9%).

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