Metal Prices — FREE MARKET (May 20, 1996)

London Metal Exchange

Spot closing prices in $US per tonne

DateMay 14 May 13 May 10 May 9 May 8

Copper2776-2781 2770-2775 2772-2777 2800-28052845-2850

Lead847-848 843-844 850-852 850-852 869-871

Zinc1048-1049 1039-1040 1043-1044 1044-10451055.5-1056.5

Aluminum 1620-1621.5 1630-1631 1635.5-1637.5 1634-16351641-1642

Nickel8150-8160 8280-8290 8275-8278 8370-83808475-8485

Spot Gold, Silver, Platinum and Palladium prices

Gold … London Bullion Dealers afternoon/morning $US per oz.

391.25/390.70391.25/391.00393.20/392.80392.70/393.20394.80/393.65

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

390.00/393.50390.00/393.50390.00/393.50391.00/394.50391.50/395.00

Silver … London Bullion Dealers, spot morning /US$ per oz.

3.538/5.3633.652/5.3753.547/5.4203.570/5.4333.626/5.483

Silver … Handy & Harman, Toronto C$/New York US$ per oz.

7.478/5.3757.499/5.3657.502/5.3857.526/5.4107.611/5.475

Platinum … Bendix Foreign Exchange, Interbank closing $US per oz.

404.70 406.20 406.00 408.10 408.40

Palladium … Bendix Foreign Exchange, Interbank closing $US per oz.

134.50 134.25 134.25 135.25 135.75

Exchange Rates Canadian funds. Courtesy of the Bank of Montreal Treasury Group U.S. Dollar 1.3700 1.3683 1.3663 1.3675 1.3681

Pound Sterling 2.0757 2.0724 2.0802 2.0817 2.0827