METAL PRICES — FREE MARKET (November 22, 1993)

London Metal Exchange

Spot closing prices in $US per tonne Date Nov. 16 Nov. 15 Nov. 12 Nov. 11 Nov. 10

Copper 1618-1619 1638-1639 1643-1644 1643-1644 1651-1652

Lead 399-400 400-401 396-397 396-397 399-400

Zinc 928-929 934-935 937-938 936-937 933-934

Aluminum1027-1028 1043-1044 1055-1056 1046-1047 1041-1042

Nickel 4635-4640 4585-4595 4535-4540 4525-4530 4630-4635

Spot Gold, Silver, Platinum and Palladium prices

Gold … London Bullion Dealers afternoon (morning) $US per oz. 375.25(375.00) 374.70(373.90) 376.75(376.75) 376.75(377.15) 374.90(375.50) Gold … Bank of Nova Scotia, noon bid/ask $US per oz.

373.00-376.50 372.00-375.50 372.00-375.50 N/A 375.00-378.50

Silver … London Bullion Dealers, spot morning pence (US cents) per oz. 307.40(457.80) 302.70(451.80) 309.70(456.80) 309.10(456.80) 308.40(453.30) Silver … Handy & Harman, Toronto (New York) cents per oz.

604.80(456.50) 600.40(452.00) 597(453) N/A(455.50) 599.90(456.50) Platinum … Bendix Foreign Exchange, Interbank closing $US per oz. 377.00 378.00 376.00 378.00 378.00

Palladium … Bendix Foreign Exchange, Interbank closing $US per oz. 132.00 131.50 130.00 130.00 130.00

Exchange Rates Canadian funds. Courtesy of the Bank of Montreal Treasury Group U.S. Dollar 1.3120 1.3195 1.3130 N/A 1.3090

Pound Sterling1.9424 1.9643 1.9594 N/A 1.9360

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