Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: rainman who wrote (20171)	9/30/1998 8:59:00 PM
From: Enigma	Respond to of 116764

Rainman - Richard Pomboy (?) article on World Gold Council site has some cost of production figures - but I can no longer find the article. The higher the cost of production the more leverage there is to an increase in the price of gold - and the more risk if the price falls - eg some of the South Africans, also Kinross (K- TSE) E

To: rainman who wrote (20171)	9/30/1998 9:07:00 PM
From: Ahda	Respond to of 116764

To: Darleen Shurgot (61 ) From: Claude Cormier Wednesday, Sep 30 1998 8:54PM ET Reply # of 62 <<I was wondering if you knew what is the "median" production costs of gold as well as the top and bottom 10 percentiles? Do you know where I can find such data? >> By production costs, I suppose you mean cash costs (excluding depletion and amortization). To my knowledge, this data is not available. There is no systematic data compilation to produce these numbers. Altough I am currently working on a product that could produce these statistics, I am far from finish. But from past readings and gut feelings, I'd say the median is probably between $220-$260. The high 10% would be near $300 and the low 10% near $140 or so.