METAL PRICES — FREE MARKET (December 26, 1994)

London Metal Exchange

Spot closing prices in $US per tonne Date Dec. 20 Dec. 19 Dec. 16 Dec. 15 Dec. 14

Copper 2974-2975 3002-3007 3054-3055 3038-3040 2957-2960

Lead 632.5-633.5 626-628 639-640 634.5-635.5 614-615

Zinc 1105-1107 1102.5-1103.5 1110.5-1111.5 1117-1118 1083.5-1084.5 Aluminum 1860-1861 1858.5-1859 1892.5-1893.5 1871-1873 1829-1830 Nickel 8390-8400 8300-8325 8540-8550 8605-8615 8305-8315

Spot Gold, Silver, Platinum and Palladium prices

Gold … London Bullion Dealers afternoon (morning) $US per oz. 379.20(380.60) N/A(379.00) 380.35(379.70) 379.20(380.10) 380.50(378.35) Gold … Bank of Nova Scotia, noon bid/ask $US per oz.

380.50-384.00 377.00-380.50 378.00-381.50 378.50-382.00 377.00-380.50 Silver … London Bullion Dealers, spot morning pence (US cents) per oz. 308.30(481.40) 305.80(477.00) 308.50(482.30) 305.30(476.50) 305.10(476.50) Silver … Handy & Harman, Toronto (New York) cents per oz.

676.20(478.00) 669.10(478.00) 669.80(480.50) 668.50(480.00) 661.70(475.00) Platinum … Bendix Foreign Exchange, Interbank closing $US per oz. 418.50 415.00 412.50 411.75 408.75

Palladium … Bendix Foreign Exchange, Interbank closing $US per oz. 157.00 156.50 156.25 155.75 155.25

Exchange Rates Canadian funds. Courtesy of the Bank of Montreal Treasury Group U.S. Dollar 1.3935 1.3945 1.3917 1.3870 1.3863

Pound Sterling2.1746 2.1761 2.1717 2.1679 2.1653