Dividends (June 20, 2005)

CompanyDiv.PayRecord

	($)	Date	Date
Noranda Inc Fd	0.085	Jun 27	May 31
Foundation Coal	0.04*	Jun 28	Jun 14
Alcoa $3.75 pr	0.9375*	Jul 1	Jun 8
Aur Res	0.05	Jul 1	Jun 1
Hecla Mng	15.75*	Jul 1	Jun 16
Cameco	0.06	Jul 15	Jun 30
Aber Diamond	0.25*	Jul 15	Jun 30
Royal Gold	0.05*	Jul 22	Jul 8
Arch Coal pr	0.625*	Aug 1	Jul 18
Potash C Sask	0.15*	Aug 12	Jul 22
Phelps D cnv pr	1.6875*	Aug 15	Jul 1
Phelps Dodge	0.375*	Sep 2	Aug 12

Note:Hecla Mining is paying div in arrears of US$14.875 plus reg div of US$0.875 to holders of pref B stock on July 1, 2005. Phelps Dodge is increasing its yearly com div by 50% to US$1.50, to be paid quarterly. Aber Diamond is raising its div 67% to US$1 annually, to be paid quarterly.

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