METAL PRICES (July 29, 1991)

London Metal Exhange

Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne)

Date July 23 July 22 July 19 July 18 July 17

Copper 1316-1318 1321-1323 1315-1317 1329-1331 1340-1342

Lead 321-322 321-322 322-323 328-329 328-329

Zinc 1061-1063 1064-1066 1053-1054 1067-1069 1061-1063

Aluminum 1297-1281 1291-1292 1302-1304 1298-1300 1310-1312

Nickel 8290-8310 8300-8310 8420-8440 8490-8510 8625-8630

Spot Gold, Silver, Platinum and Palladium prices

Gold…London Bullion Dealers afternoon (morning) $US per oz. 367.40(368.05) 369.75(370.10) 370.00(370.30) 369.00(370.35) 368.90(369.20) Gold…Bank of Nova Scotia, noon bid/ask $US per oz.

365.00-369.00 368.00-372.00 368.00-372.00 368.00-372.00 367.00-371.00 Silver…London Bullion Dealers, spot morning pence (US cents) per oz. 258.40(432.50) 261.40(440.20) 262.00(439.50) 266.40(444.80) 267.90(440.30) Silver…Handy & Harman, Toronto (New York) cents per oz.

497.70(428.50) 507.00(436.50) 511.00(438.50) 510.30(440.00) 507.70(368.90) Platinum…Guardian Trust, Interbank closing $US per oz.

376.00 376.00 377.00 378.00 380.00

Palladium…Guardian Trust, Interbank closing $US per oz.

93.00 94.00 95.00 95.00 94.00

Exchange Rates…Canadian funds. Courtesy of the Bank of Montreal Treasury Group

U.S. Dollar 1.1547 1.1547 1.1587 1.1580 1.1480

Pound Sterling 1.9393 1.9389 1.9634 1.9286 1.8936