METAL PRICES FREE MARKET (July 15, 1991)

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

Date July 9 July 8 July 5 July 4 July 3

Copper 1385-1386 1392-1393 1403-1404 1407-1409 1419-1421

Lead 340-341 344-345 345-346 344-345 344-345

Zinc 1047-1076 1085-1087 1072-1074 1069-1071 1068-1070

Aluminum 1312-1313 1333-1334 1327-1329 1330-1331 1327-1328

Nickel 8890-8910 8900-8950 8950-9000 8900-8950 8875-8900

Spot Gold, Silver, Platinum and Palladium prices

Gold London Bullion Dealers afternoon (morning) $US per oz. 369.20(369.00) 370.25(371.35) 369.90(370.25) 369.25(369.40) 369.25(367.75)

Gold Bank of Nova Scotia, noon bid/ask $US per oz. 368.00-372.00 368.00-372.00 368.00-372.00 367.00-371.00 367.00-371.00

Silver London Bullion Dealers, spot morning pence (US cents) per oz. 274.50(446.20) 276.80(450.50) 282.20(453.40) 279.90(449.50) 276.00(442.80)

Silver Handy & Harman, Toronto (New York) cents per oz. 514.10(446.00) 512.20(445.00) 518.00(444.00) — 509.50(444.00)

Platinum Guardian Trust, Interbank closing $US per oz. 382.00 384.00 385.00 378.00 379.00

Palladium Guardian Trust, Interbank closing $US per oz. 95.00 96.00 97.00 96.00 96.00

Exchange Rates Canadian funds. Courtesy of the Bank of Montreal Treasury Group

U.S. Dollar 1.1486 1.1462 1.1437 1.1427 1.1423

Pound Sterling 1.8643 1.8740 1.8476 1.8323 1.8351

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