METAL PRICES — FREE MARKET (November 23, 1992)

London Metal Exchange

Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne)

Date Nov. 17 Nov. 16 Nov. 13 Nov. 12 Nov. 11

Copper 1405-1406 1402-1403 1384-1385 1410-1412 1406-1408

Lead 301-302 297-298 292-293 293-294 299-300

Zinc 1020-1022 1024-1025 1018-1019 1040-1042 1032-1034

Aluminum1151-1152 1147-1148 1151-1152 1159-1160 1162-1164

Nickel 5310-5320 5330-5335 5425-5430 5515-5525 5550-5555

Spot Gold, Silver, Platinum and Palladium prices

Gold … London Bullion Dealers afternoon (morning) $US per oz. 334.30(333.85) 335.40(336.00) 334.40(334.25) 333.10(333.25) 331.15(331.95) Gold … Bank of Nova Scotia, noon bid/ask $US per oz.

332.50-336.00 334.00-337.50 333.00-336.50 332.00-335.50 N/A

Silver … London Bullion Dealers, spot morning pence (US cents) per oz. 247.70(375.70) 247.40(376.20) 246.40(379.90) 242.40(368.80) 243.70(368.80) Silver … Handy & Harman, Toronto (New York) cents per oz.

479.30(374.00) 480.10(376.00) 480.60(378.00) 465.50(366.50) N/A(366.50) Platinum … Bendix Foreign Exchange, Interbank closing $US per oz. 351.80 354.00 353.50 353.00 348.00

Palladium … Bendix Foreign Exchange, Interbank closing $US per oz. 97.40 97.50 93.00 93.00 93.00

Exchange Rates Canadian funds. Courtesy of the Bank of Montreal Treasury Group U.S. Dollar 1.2745 1.2723 1.2645 1.2607 N/A

Pound Sterling1.9398 1.9377 1.9606 1.9282 N/A