Dividends (July 18, 2005)

CompanyDiv.PayRecord

	($)	Date	Date
Royal Gold	0.05*	Jul 22	Jul 8
Goldcorp	0.015*	Jul 29	Jul 20
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
Alcan	0.15*	Sep 20	Aug 19

Note: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