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In the Summer Issue,
March 2009 Quarter Review : Once again cash costs are starting to be reined
in and in Q1 costs were US$432/oz just 7% up on Q1 2008 and down marginally from
Q4 2008, when they averaged US$439/oz.
Metals & Markets
2009 has seen a cautious improvement in the gold equities' markets, although some
stocks have posted impressive gains. The XAU is up 13% YTD, while the gold price
has risen just 7%.
World Gold Explorer
Two explorers prove that there is some life in the junior sector -Rubicon may
be Goldcorp's next target and Underworld soars on 2009 drill results. Also, a
look at the state of the industry nine months after the Lehman collapse.
SPECIAL FOCUS: China:
In this Special Focus: In 2007, China became the
world's largest gold producer, a position which it retained in 2008 with a reported
production of 292 t. Since our last in-depth review in 2007, three new foreign-owned
mines have reached commercial production, but overall its not been a story of
unremitting good news. In this Special Focus we review the new mining operations
and bring readers up-to-date with other developments.
A new report,
entitled "Mexico 2009" released by World Gold Analyst, is now available
for downloading
Useful Link - Excellence in Mining & Exploration 2009
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