METAL PRICES (January 31, 1994)

London Metal Exchange

Spot closing prices in $US per tonne Date Jan. 25 Jan. 24 Jan. 21 Jan. 20 Jan. 19

Copper 1858-1859 1846-1847 1842-1843 1859-1860 1863-1887

Lead 506-508 504-505 508-509 508-509 497-498

Zinc 997-998 997-998 1004-1005 1015-1016 1016-1017

Aluminum1186-1187 1172-1173 1172-1173 1168-1169 1185-1187

Nickel 5655-5665 5575-5580 5668-5670 5710-5720 5780-5785

Spot Gold, Silver, Platinum and Palladium prices

Gold … London Bullion Dealers afternoon (morning) $US per oz. 382.00(382.90) 378.90(381.50) 386.00(387.86) 391.80(392.40) 391.70(392.70) Gold … Bank of Nova Scotia, noon bid/ask $US per oz.

380.50-382.50 379.00-382.50 380.00-383.50 387.00-390.50 390.00-393.50 Silver … London Bullion Dealers, spot morning pence (US cents) per oz. 343.60(513.30) 337.60(504.00) 346.70(518.50) 355.90(532.00) 356.50(532.30) Silver … Handy & Harman, Toronto (New York) cents per oz.

672.90(511.00) 667.20(507.00) 683.10(519.00) N/A(525.00) 690.70(525.00) Platinum … Bendix Foreign Exchange, Interbank closing $US per oz. 380.00 380.75 379.00 387.50 393.50

Palladium … Bendix Foreign Exchange, Interbank closing $US per oz. 124.00 123.50 123.50 124.00 125.00

Exchange Rates Canadian funds. Courtesy of the Bank of Montreal Treasury Group U.S. Dollar 1.3125 1.3113 1.3114 1.3117 1.3109

Pound Sterling1.9628 1.9597 1.9582 1.9634 1.9565