METAL PRICES — FREE MARKET (May 30, 1994)

London Metal Exchange

Spot closing prices in $US per tonne Date May 24 May 23 May 20 May 19 May 18

Copper 2296-2298 2278-2280 2223-2224 2246-2123 2202-2203

Lead 486.5-487.5 484.5-485.5 477-478 475-477 477.5-478.5

Zinc 968.5-969.5 974.5-975.5 965.5-966.5 964.5-965.5 968.5-969.5 Aluminum1342-1343 1346.5-1347.5 1341-1342 1349.5-1350.5 1349-1350 Nickel 6630-6640 6670-6675 6385-6395 6260-6270 6250-6260

Spot Gold, Silver, Platinum and Palladium prices

Gold … London Bullion Dealers afternoon (morning) $US per oz. 388.00(388.10) 386.45(386.75) 383.15(381.55) 383.30(383.00) 379.60(379.65) Gold … Bank of Nova Scotia, noon bid/ask $US per oz.

385.50-389.00 N/A 383.00-386.50 381.50-385.00 381.00-384.50

Silver … London Bullion Dealers, spot morning pence (US cents) per oz. 380.80(573.00) 379.00(571.50) 366.80(553.30) 369.70(557.00) 361.50(544.40) Silver … Handy & Harman, Toronto (New York) cents per oz.

780.10(564.00) N/A(570.00) 776.30(562.00) 773.50(561.00) 751.50(554.00) Platinum … Bendix Foreign Exchange, Interbank closing $US per oz. 405.75 409.50 403.50 398.00 396.75

Palladium … Bendix Foreign Exchange, Interbank closing $US per oz. 138.00 138.50 136.50 136.25 136.00

Exchange Rates Canadian funds. Courtesy of the Bank of Montreal Treasury Group U.S. Dollar 1.3787 N/A 1.3785 1.3747 1.3750

Pound Sterling2.0760 N/A 2.0760 2.0728 2.0742

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