METALS MARKETS (January 10, 1994)

London Metal Exchange

Spot closing prices in $US per tonne Date Jan. 4 Jan. 3 Dec. 31 Dec. 30 Dec. 29

Copper 1732-1733 N/A N/A 1807-1808 1799-1800

Lead N/A 468-469 N/A 486-487 472-473

Zinc N/A 996-997 N/A 988-989 979-980

Aluminum1116-1117 N/A N/A 1121-1122 1121-1122

Nickel 5235-5240 N/A N/A 5375-5385 5385-5390

Spot Gold, Silver, Platinum and Palladium prices

Gold … London Bullion Dealers afternoon (morning) $US per oz. 394.10(395.00) N/A N/A 391.75(391.50) 386.10(385.65)

Gold … Bank of Nova Scotia, noon bid/ask $US per oz.

392.59-396.00 N/A N/A 389.50-393.00 387.50-391.00

Silver … London Bullion Dealers, spot morning pence (US cents) per oz. 356.30(527.70) N/A N/A 344.40(510.80) 339.40(509.00)

Silver … Handy & Harman, Toronto (New York) cents per oz.

687.70(520.00) N/A(511.00) N/A(508.00) N/A(508.00) N/A(510.00) Platinum … Bendix Foreign Exchange, Interbank closing $US per oz. 398.00 395.50 394.00 392.00 388.00

Palladium … Bendix Foreign Exchange, Interbank closing $US per oz. 127.75 125.25 124.00 125.00 125.00

Exchange Rates Canadian funds. Courtesy of the Bank of Montreal Treasury Group U.S. Dollar1.3170 N/A 1.3263 1.3292 1.3347

Pound Sterling1.9571 N/A 1.9941 1.9692 1.9714