Study bullish for international gold market

That bullish prediction is just a small sampling of the contents of Gold Situation — 1989, the third annual industry analysis of today’s gold producers and gold market written for planners, decision makers and financiers in gold and related industries.

Both concise and comprehensive, the study provides a wealth of practical information including 1988 mine production and cost data for 80% of the Western world’s primary gold production. The report also identifies the relative cost position and median cost level of these mines.

For example, the report on the Canadian gold mining industry in 1988 ranks 43 primary mines by production, recovered grade, ore reserves and direct operating costs. Of particular interest to mine operators is a review of operating trends by region (including Canada) between 1974 and 1988.

Buyers of gold stocks, futures and bullion will find much of interest in financial comparisons of 120 international gold mining companies and summaries of long-term trading trends.

The study also provides analyses of the supply, demand and investment sectors of the market, evaluates the behavior of market participants and provides predictive modeling of the gold price. The report, which includes a large color map of primary gold mines, fills the need for a complete, pragmatic and long-term evaluation of the total gold market by using up-to-date statistics.

Gold Situation — 1989 by Metal Market Consultants, P.O. Box 183, CS 27, 8007 West Colfax Avenue, Lakewood, Colorado, 80215-4090. $595, includin g map.

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