METAL PRICES — FREE MARKET (August 31, 1992)

London Metal Exchange

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

Date Aug. 25 Aug. 24 Aug. 21 Aug. 20 Aug. 19

Copper 1275-1276 1271-1272 1318-1319 1308-1309 1321-1322

Lead 325-326 325-326 331-332 328-329 332-333

Zinc 1376-1377 1370-1371 1363-1365 1354-1355 1360-1361

Aluminum1305-1306 1299-1300 1294-1295 1297-1298 1299-1230

Nickel 7290-7295 7265-7275 7250-7255 7260-7265 7205-7215

Spot Gold, Silver, Platinum and Palladium prices

Gold … London Bullion Dealers afternoon (morning) $US per oz. 341.40(340.85) 342.30(341.85) 336.90(337.35) 337.25(336.70) 338.00(336.55) Gold … Bank of Nova Scotia, noon bid/ask $US per oz.

340.00-343.50 340.50-343.50 335.00-338.50 336.50-340.00 334.50-338.00 Silver … London Bullion Dealers, spot morning pence (US cents) per oz. 186.30(370.70) 190.80(376.20) 192.90(373.50) 192.40(372.90) 197.30(380.40) Silver … Handy & Harman, Toronto (New York) cents per oz.

442.40(370.00) 445.20(372.00) 445.90(372.00) 446.00(372.00) 453.30(376.50) Platinum … Guardian Trust, Interbank closing $US per oz.

351.00 350.00 349.00 349.00 346.00

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

85.00 86.00 84.00 84.00 83.00

Exchange Rates Canadian funds. Courtesy of the Bank of Montreal Treasury Group U.S. Dollar 1.1905 1.1899 1.1930 1.1927 1.1975

Pound Sterling2.3673 2.3727 2.3323 2.3132 2.3172