METAL PRICES — FREE MARKET (January 24, 1994)

London Metal Exchange

Spot closing prices in $US per tonne Date Jan. 18 Jan. 17 Jan. 14 Jan. 13 Jan. 12

Copper 1829-1830 1830-1831 1806-1807 1700-1761 1778-1779

Lead 496-497 496-497 496-497 483-484 478-479

Zinc 1020-1102 1114-1015 1004-1005 996-997 999-1000

Aluminum1189-1190 1198-1199 1188-1189 1149-1150 1155-1156

Nickel 5725-5730 5770-5775 5690-5700 5635-5640 5640-5650

Spot Gold, Silver, Platinum and Palladium prices

Gold … London Bullion Dealers afternoon (morning) $US per oz. 392.55(392.50) 392.30(392.60) 390.50(390.10) 384.75(388.75) 386.10(386.80) Gold … Bank of Nova Scotia, noon bid/ask $US per oz.

391.00-394.50 390.50-394.00 388.50-392.00 387.50-391.00 385.50-389.00 Silver … London Bullion Dealers, spot morning pence (US cents) per oz. 356.30(532.80) 357.80(534.60) 348.90(520.80) 374.00(505.60) 340.90(510.50) Silver … Handy & Harman, Toronto (New York) cents per oz.

694.00(525.50) 703.40(531.00) 688.00(519.00) 675.10(519.50) 673.60(508.00) Platinum … Bendix Foreign Exchange, Interbank closing $US per oz. 395.00 394.00 389.50 388.50 386.00

Palladium … Bendix Foreign Exchange, Interbank closing $US per oz. 126.00 126.00 124.25 123.75 123.50

Exchange Rates Canadian funds. Courtesy of the Bank of Montreal Treasury Group U.S. Dollar 1.3137 1.3202 1.3238 1.3205 1.3225

Pound Sterling1.9652 1.9720 1.9771 1.9765 1.9884