METAL PRICES — FREE MARKET (August 01, 1994)

London Metal Exchange

Spot closing prices in $US per tonne Date July 26 July 25 July 22 June 21 July 20

Copper 2479-2480 2520-2522 2506.5-2507.5 2531-2532 2533-2534 Lead 576.5-577.5 583-584 575.5-576.5 585-586 591-592

Zinc 963.5-964.5 971.5-972.5 966.5-967.5 976.5-977.5 983-984 Aluminum1470.5-1471.5 1480-1482 1482-1484 1505-1506 1519.5-1517.5 Nickel 6155-6160 6190-6200 6155-6160 6290-6300 6340-6345

Spot Gold, Silver, Platinum and Palladium prices

Gold … London Bullion Dealers afternoon (morning) $US per oz. 386.20(385.85) 385.00(384.85) 384.00(384.10) 385.90(387.45) 387.45(386.40) Gold … Bank of Nova Scotia, noon bid/ask $US per oz.

384.00-387.50 382.50-386.00 382.50-386.00 382.50-386.00 383.50-387.00 Silver … London Bullion Dealers, spot morning pence (US cents) per oz. 348.70(532.00) 343.00(526.00) 344.50(525.30) 339.70(526.00) 345.10(532.20) Silver … Handy & Harman, Toronto (New York) cents per oz.

736.70(531.50) 735.40(531.50) 727.50(526.00) 737.40(533.00) 739.00(519.00) Platinum … Bendix Foreign Exchange, Interbank closing $US per oz. 428.00 418.50 416.50 413.50 415.50

Palladium … Bendix Foreign Exchange, Interbank closing $US per oz. 154.50 149.75 148.00 147.25 147.25

Exchange Rates Canadian funds. Courtesy of the Bank of Montreal Treasury Group U.S. Dollar 1.3793 1.3770 1.3767 1.3780 1.3812

Pound Sterling2.1027 2.1080 2.1029 2.0994 2.1388