METAL PRICES — FREE MARKET (August 10, 1992)

London Metal Exchange

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

Date Aug. 4 Aug. 3 July 31 July 30 July 29

Copper 1298-1299 1293-1294 1340-1341 1308-1309 1320-1321

Lead 350-351 355-356 349-350 353-354 336-337

Zinc 1346-1347 1354-1355 1359-1361 1352-1353 1345-1346

Aluminum 1324-1325 1321-1322 1316-1317 1310-1311 1313-1314

Nickel 7335-7340 7355-7365 7345-7355 7420-7430 7495-7505

Spot Gold, Silver, Platinum and Palladium prices

Gold … London Bullion Dealers afternoon (morning) $US per oz. 352.70(352.75) 354.05(357.30) 357.85(357.95) 356.75(358.20) 359.60(358.20) Gold … Bank of Nova Scotia, noon bid/ask $US per oz.

351.50-354.50 N/A 356.00-359.50 355.00-358.50 355.00-358.50

Silver … London Bullion Dealers, spot morning pence (US cents) per oz. 201.90(387.60) 205.00(394.20) 205.90(395.30) 204.30(391.50) 204.10(394.00) Silver … Handy & Harman, Toronto (New York) cents per oz.

461.60(387.50) N/A(390.00) 466.00(391.50) 462.50(389.00) 466.50(391.00) Platinum … Guardian Trust, Interbank closing $US per oz.

377.00 378.00 384.00 376.00 372.00

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

86.00 88.00 90.00 88.00 87.00

Exchange Rates Canadian funds. Courtesy of the Bank of Montreal Treasury Group U.S. Dollar 1.1850 N/A 1.1840 1.1823 1.1850

Pound Sterling 2.2740 N/A 2.2822 2.2777 2.2770

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