METAL PRICES — FREE MARKET (August 24, 1992)

London Metal Exchange

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

Date Aug. 18 Aug. 17 Aug.14 Aug. 13 Aug. 12

Copper 1322-1323 NA 1294-1296 1286-1287 1299-1300

Lead 331-332 327-328 328-329 334-335 339-340

Zinc 1360-1362 1348-1349 1336-1337 1333-1334 1353-1354

Aluminum1298-1299 1297-1298 1299-1300 1304-1305 1304-1305

Nickel 7210-7220 7220-7230 7245-7255 7265-7275 7250-7260

Spot Gold, Silver, Platinum and Palladium prices

Gold … London Bullion Dealers afternoon (morning) $US per oz. 336.10(336.55) 337.40(337.50) 335.70(336.00) 337.25(339.25) 346.80(346.50) Gold … Bank of Nova Scotia, noon bid/ask $US per oz.

334.50-338.00 335.50-339.00 335.00-338.50 337.50-340.50 345.00-348.50 Silver … London Bullion Dealers, spot morning pence (US cents) per oz. 196.30(379.00) 198.60(382.00) 198.10(381.40) 202.40(389.40) 202.60(389.40) Silver … Handy & Harman, Toronto (New York) cents per oz.

453.70(377.00) 453.40(377.50) 453.40(378.00) 454.70(379.50) 463.90(387.50) Platinum … Guardian Trust, Interbank closing $US per oz.

343.00 347.00 344.00 347.00 354.00

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

82.00 83.00 82.00 84.00 85.00

Exchange Rates Canadian funds. Courtesy of the Bank of Montreal Treasury Group U.S. Dollar 1.1984 1.1950 1.1919 1.1943 1.1924

Pound Sterling2.3141 2.3004 2.2902 2.2103 2.3019