Dividends (April 17, 2006)

Company Div. Pay Record
($) Date Date
Royal Gold 0.055* Apr 21 Apr 7
Noranda Incm Fnd 0.085 Apr 25 Mar 31
Goldcorp 0.015* Apr 28 Apr 21
Freeport McMo com 0.3125* May 1 Apr 17
Freeport McMo 5.5%pr 13.75* May 1 Apr 17
Freeport McMo prD 0.05306 May 1 Apr 17
M Buenaventura 0.22* May 2 Apr 20
First Quantum 0.265 May 10 Apr 19
Phelps Dodge 0.20* Jun 2 May 16
Phelps Dodge spec 2.00* Jun 2 May 16

Notes: First Quantum Minerals total div payments for 2005 of $0.285 represents 10% of after-tax profits for 2005. Phelps Dodge is increasing its quarterly div to US$0.20 from US$0.1875, and issuing a spec div of US$2 per com sh.

* = U.S. funds, f = formula, e = estimate

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