METAL PRICES (May 25, 1992)

London Metal Exchange

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

Date May 19 May 18 May 15 May 14 May 13

Copper 1209-1210 1208-1209 1223-1224 1214-1216 1217-1218

Lead 279-280 279-280 286-287 290-291 291-292

Zinc 1360-1363 1363-1365 1370-1375 1373-1378 1332-1335

Aluminum 1322-1323 1313-1314 1302-1303 1305-1306 1297-1298

Nickel 7320-7330 7310-7320 7320-7325 7315-7320 7315-7325

Spot Gold, Silver, Platinum and Palladium prices

Gold … London Bullion Dealers afternoon (morning) $US per oz. 339.50(334.90) 340.00(339.20) 339.00(338.15) 336.90(336.50) 335.20(334.75) Gold … Bank of Nova Scotia, noon bid/ask $US per oz.

336.00-339.50 N/A 337.00-340.50 335.00-338.50 334.00-337.50

Silver … London Bullion Dealers, spot morning pence (US cents) per oz. 223.70(411.50) 223.00(409.80) 223.80(411.18) 224.70(409.60) 224.40(408.30) Silver … Handy & Harman, Toronto (New York) cents per oz.

492.00(409.50) N/A(409.00) 497.40(411.50) 495.30(410.00) 494.40(408.00) Platinum … Guardian Trust, Interbank closing $US per oz.

362.00 359.00 358.00 357.00 353.00

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

82.00 82.00 82.00 82.00 82.00

Exchange Rates Canadian funds. Courtesy of the Bank of Montreal Treasury Group U.S. Dollar 1.1940 N/A 1.2020 1.2030 1.2028

Pound Sterling2.1952 N/A 2.1918 2.1913 2.1968