METAL PRICES — FREE MARKET (December 14, 1992)

London Metal Exchange

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

Date Dec. 8 Dec. 7 Dec. 4 Dec. 3 Dec. 2

Copper 1383-1385 1390-1391 1400-1401 1386-1387 1400-1401

Lead 289-290 288-289 294-295 293-294 295-296

Zinc 1068-1069 1075-1076 1072-1073 1062-1063 1058-1060

Aluminum1182-1183 1182-1183 1178-1179 1183-1184 1188-1189

Nickel 5865-5875 5765-5775 5625-5635 5570-5575 5545-5550

Spot Gold, Silver, Platinum and Palladium prices

Gold … London Bullion Dealers afternoon (morning) $US per oz. 335.25(335.25) 334.60(335.50) 335.60(335.90) 335.25(335.90) 335.65(335.10) Gold … Bank of Nova Scotia, noon bid/ask $US per oz.

333.50-337.00 333.00-336.50 334.00-337.50 334.00-337.50 334.00-337.50 Silver … London Bullion Dealers, spot morning pence (US cents) per oz. 234.40(375.90) 239.00(375.90) 239.10(376.30) 241.30(375.90) 243.40(375.80) Silver … Handy & Harman, Toronto (New York) cents per oz.

480.00(374.50) 478.50(373.00) 480.05(374.00) 480.10(374.00) 483.00(375.00) Platinum … Bendix Foreign Exchange, Interbank closing $US per oz. 368.00 369.00 363.00 363.00 362.00

Palladium … Bendix Foreign Exchange, Interbank closing $US per oz. 107.00 107.00 104.00 104.50 103.00

Exchange Rates Canadian funds. Courtesy of the Bank of Montreal Treasury Group U.S. Dollar 1.2718 1.2711 1.2775 1.2744 1.2808

Pound Sterling 2.0330 2.0315 1.9935 1.9932 1.9884