METAL PRICES — FREE MARKET (August 22, 1994)

London Metal Exchange

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

Copper 2394.5-2395.5 2400-2402 2400-2401 2413.5-2414.5 2402.5-2403.5 Lead 551.5-552.5 550-551 556.5-557.5 558.5-559.5 555.5-556.5 Zinc 941.5-942.5 939-940 943-944 944-945 931-932

Aluminum 1440.5-1441.5 1454-1454.5 1462-1463 1457.5-1458.5 1443-1444 Nickel 5565-5575 5585-5595 5695-5705 5770-5780 5725-5735

Spot Gold, Silver, Platinum and Palladium prices

Gold … London Bullion Dealers afternoon (morning) $US per oz. 376.30(376.60) 376.60(376.45) 378.20(377.75) 377.60(376.60) 378.30(378.30) Gold … Bank of Nova Scotia, noon bid/ask $US per oz.

375.50-379.00 375.50-379.00 375.50-379.00 376.50-380.00 376.50-380.00 Silver … London Bullion Dealers, spot morning pence (US cents) per oz. 329.50(507.30) 327.10(505.00) 335.00(519.30) 332.60(511.50) 343.10(528.50) Silver … Handy & Harman, Toronto (New York) cents per oz.

701.40(506.50) 701.70(506.50) 708.10(510.50) 713.00(515.00) 710.80(515.00) Platinum … Bendix Foreign Exchange, Interbank closing $US per oz. 411.50 410.50 409.50 413.50 412.00

Palladium … Bendix Foreign Exchange, Interbank closing $US per oz. 155.25 154.50 155.00 155.50 154.00

Exchange Rates Canadian funds. Courtesy of the Bank of Montreal Treasury Group U.S. Dollar 1.3782 1.3808 1.3825 1.3812 1.3755

Pound Sterling2.1209 2.1288 2.1387 2.1353 2.1135