METAL PRICES — FREE MARKET (July 19, 1993)

London Metal Exchange

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

Date July 13 July 12 July 9 July 8 July 7

Copper 1868-1870 1926-1927 1973-1975 1987-1989 1946-1947

Lead 387-388 386-387 398-399 385-386 378-379

Zinc 949-951 957-959 961-962 926-927 914-915

Aluminum1161-1162 1193-1194 1221-1222 1226-1227 1216-1217

Nickel 5050-5055 5095-5105 5220-5230 5200-5210 5195-5205

Spot Gold, Silver, Platinum and Palladium prices

Gold … London Bullion Dealers afternoon (morning) $US per oz. 390.40(392.45) 394.40(393.40) 389.40(393.10) 398.40(395.20) 397.25(395.80) Gold … Bank of Nova Scotia, noon bid/ask $US per oz.

390.00-393.50 391.50-395.00 391.00-394.50 392.00-395.50 393.00-396.50 Silver … London Bullion Dealers, spot morning pence (US cents) per oz. 334.20(497.60) 342.50(506.50) 336.40(499.00) 342.10(511.80) 343.40(516.80) Silver … Handy & Harman, Toronto (New York) cents per oz.

639.10(498.00) 645.70(503.00) 640.40(499.00) 652.20(507.50) 654.40(507.50) Platinum … Bendix Foreign Exchange, Interbank closing $US per oz. 406.00 409.50 405.00 408.00 409.80

Palladium … Bendix Foreign Exchange, Interbank closing $US per oz. 135.75 137.00 141.75 141.00 142.50

Exchange Rates Canadian funds. Courtesy of the Bank of Montreal Treasury Group U.S. Dollar 1.2812 1.2780 1.2785 1.2802 1.2850

Pound Sterling1.9192 1.8876 1.8928 1.9165 1.9191