METAL PRICES — FREE MARKET (December 19, 1994)

London Metal Exchange

Spot closing prices in $US per tonne Date Dec 13 Dec 12 Dec 9 Dec 8 Dec 7

Copper 2943-2945 2973-2974 2997-2998 2970-2972 2895-2896

Lead 609-610 630-631 637.5-638.5 631-632 618-619

Zinc1069.5-1070.5 1110-1111 1124.5-1125.5 1123.5-1124.5 1108-1109 Aluminum1800-1801 1820-1821 1849-1850 1870-1871 1837-1838

Nickel 7990-8000 8475-8485 8725-8735 8775-8785 8615-8625

Spot Gold, Silver, Platinum and Palladium prices

Gold … London Bullion Dealers afternoon (morning) $US per oz. 379.10(378.70) 377.15(376.85) 376.50(376.10) 376.20(376.45) 377.00(377.00) Gold … Bank of Nova Scotia, noon bid/ask $US per oz.

377.00-380.50 376.00-379.50 375.00-378.50 377.50-381.00 374.50-378.00 Silver … London Bullion Dealers, spot morning pence (US cents) per oz. 308.00(481.30) 302.80(472.80) 299.40(467.00) 299.40(467.00) 299.30(468.80) Silver … Handy & Harman, Toronto (New York) cents per oz.

661.60(475.00) 659.70(474.00) 649.40(467.00) 643.90(463.50) 646.30(466.50) Platinum … Bendix Foreign Exchange, Interbank closing $US per oz. 409.00 410.00 406.00 403.00 403.50

Palladium … Bendix Foreign Exchange, Interbank closing $US per oz. 156.00 156.50 155.50 154.75 155.50

Exchange Rates Canadian funds. Courtesy of the Bank of Montreal Treasury Group U.S. Dollar 1.3873 1.3873 1.3836 1.3813 1.3821

Pound Sterling2.1638 2.1836 2.1598 2.1597 2.1630