Metal Prices — FREE MARKET (May 31, 1993)

London Metal Exchange

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

Date May 25 May 24 May 21 May 20 May 19

Copper 1190-1191 1178-1179 1183-1184 1176-1177 1160-1161

Lead 260-261 265-266 255-256 257-258 260-261

Zinc 957-958 946-947 952-953 962-963 965-966

Aluminum1117-1118 1113-1114 1119-1120 1119-1120 1118-1119

Nickel 5625-5635 5640-5645 5660-5665 5625-5635 5625-5635

Spot Gold, Silver, Platinum and Palladium prices

Gold … London Bullion Dealers afternoon (morning) $US per oz. 377.50(374.35) 379.25(380.00) 373.25(374.05) 378.80(376.05) 381.90(378.75) Gold … Bank of Nova Scotia, noon bid/ask $US per oz.

374.00-377.50 N/A 374.50-378.00 370.00-373.50 374.00-377.50

Silver … London Bullion Dealers, spot morning pence (US cents) per oz. 294.10(452.20) 308.30(472.30) 291.50(452.30) 290.60(451.30) 303.45(474.40) Silver … Handy & Harman, Toronto (New York) cents per oz.

582.50(460.00) N/A(459.00) 588.30(453.00) 576.50(453.00) 576.70(453.00) Platinum … Bendix Foreign Exchange, Interbank closing $US per oz. 391.00 384.00 392.00 388.00 383.00

Palladium … Bendix Foreign Exchange, Interbank closing $US per oz. 119.00 119.50 117.00 119.25 119.00

Exchange Rates Canadian funds. Courtesy of the Bank of Montreal Treasury Group U.S. Dollar1.2610 1.2608 1.2645 1.2675 1.2655

Pound Sterling 1.9451 N/A 1.9511 1.9729 1.9546

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