Metal Prices PRODUCER PRICES (December 12, 1988)

ALUMINUM: MW U.S. Market $1.06-$1.08 per lb. (Nov 22, 1988).

ANTIMONY: New York dealer 95 -$1.00 per lb. (Nov 3, 1988).

BISMUTH: New York dealer $6-$6.15 per lb. (Nov 22, 1988).

CADMIUM: New York dealer $7.40-$7.50 per lb. (Nov 22, 1988).

COBALT: U.S. spot cathode $7.40-$7.50 per lb. (Nov 22, 1988).

COPPER: CANADA — Hudson Bay Mining & Smelting, cathode, $1.86 per lb. (Dec 6, 1988). UNITED STATES — Asarco Inc., $1.59 per lb. (Nov 30, 1988).

IRON ORE: UNITED STATES — M.A. Hanna Co., delivered Lake Erie ports, taconite pellets 86.9 per long ton unit of Fe. (Feb 26, 1982).

LEAD: CANADA — Noranda Sales, 47.00 per lb. (Sept 1, 1988). UNITED STATES — 38.00 per lb. (Sept 1, 1988).

MAGNESIUM: U.S., f.o.b. Freeport, ingot 99.8%, $US1.58 per lb. (June 1, 1988).

MOLYBDENUM: MW dealer oxide $3.39- $3.45 per lb. (Nov 22, 1988).

NICKEL: New York dealer cathode $5.95- $6.10 per lb. (Nov 22, 1988).

PLATINUM: Impala Platinum $US600 per oz. (Aug 28, 1986). MW New York dealer $560-$570 per oz. (Nov 22, 1988).

RHODIUM: Impala Rhodium $US1,275 per oz. (June 23, 1987). MW New York dealer $1,225-$1,245 per oz. (Nov 22, 1988)

TIN: MW New York dealer (weekly avg.) $3.415 per lb. (Nov 22, 1988).

TUNGSTEN: Free market ore (LMB) $55-$63 per mtu (Nov 10, 1988).

URANIUM: NUEXCO Exchange Value as of Oct 31, 1988: $US13.15 per lb. U3O8. NUKEM spot market for Nov, 1988: $US12.35-$12.85 per lb.

U3O8.

ZINC: CANADA — HBM&S, high grade 89.50 per lb.; special high grade, 90.00 per lb.(Nov 29, 1988). UNITED STATES — HBM&S, H.G. 75.00 ; S.H.G. 75.50 per lb. (Nov 29, 1988). OUTSIDE NORTH AMERICA — Falconbridge, $US1,500 per tonne (Nov 4, 1988).