Home - About GoldVal

Latest Computation Date = 15 January 2010

PRICE / EXCHANGE ASSUMPTIONS:

Gold - $1132 per ounce           Silver - $18.48 per ounce

US$:C$ - 1.0276     US$:A$ - 1.0816     US$:Pound - 0.6139    US$:Rand 7.4232

Independent Comparative Analysis of Gold and Silver companies

Goldval.com provides statistics on listed gold mining companies – presented in tables and charts – for comparative valuation purposes. Companies covered include those listed on the London, Toronto, New York, Johannesburg and Australian stock exchanges.

This is a new and developing site. The statistics contained in Goldval.com should be of interest to all those involved in mining, development or exploration of gold and silver as well as to investors in such businesses or companies.

Investors in gold company stocks and shares, or silver company stocks and shares, should also find the information and comment provided by GoldVal.com useful as it offers comparative analysis using various measures for a large number of companies. For those involved in the acquisition or disposal of gold projects or the potential future listing of such ventures, GoldVal.com offers information for comparison against different potential peer groups. The statistics used here provide many different benchmarking values.

Such statistics may be given by gold mining analysts around the world but these may only cover a limited secion of the market or a relatively small number of companies. In today's world, the analysis of gold mining companies for comparative valuation purposes, or for potential investment or acquisition strategies, need not necessarily be limited to the larger companies, to specific stock exchanges or to certain geographic regions.

The figures, tables and charts will be updated on a regular basis. The latest Computation Date is as indicated above. The share details of all companies covered are updated on this date.

Over 120 Gold Companies are covered by GoldVal.com

• annual world gold production is approximately 77 million ounces
• most gold is produced by companies listed on various stock exchanges
• GoldVal.com analyses over 120 listed gold mining, development and exploration companies
• silver companies are also included
• gold companies covered by GoldVal.com produce about 46 million ounces of gold annually – over 60% of estimated global gold production
• gold companies covered by GoldVal.com have a combined Market Capitalisation of some $318 billion
• the Top 20 Senior Gold Companies covered by GoldVal.com produce about 40 million ounces of gold annually and have an aggregate Market Capitalisation of $244 billion

 Senior - Intermediate / Mid-Cap - Junior Companies

• Some information provided in this web site, including examples of comparative valuation measures, may be limited to the Senior Gold Companies
• As important as these Senior Gold Companies are, and no matter what proportion of global gold production they contribute, the valuation of the global gold mining, development and exploration industry should consider information from a much broader range of companies
• Valuation of gold companies is not just about the amount of gold produced together with the cost of production (or expectations for the future) – it also needs to consider many other factors including:
  -   Domicile of company and place of listing
  -   Quality and locality of operations
  -   Size and quality of Reserves and Resources & Exploration Potential
  -   Operational and country risks
  -   Quality and track record of management
  -   Funding requirements

• Coverage of a broad range of companies allows more meaningful comparisons for various different aspects of the gold industry

The GoldVal.com Gold Company Review will provide information and analysis on over 100 gold companies – see Services.

To download a brochure about the GoldVal.com Gold Company Review see Services page.

Comments
Comment on this site is welcome – please contact comment@goldval.com

Caution
This web site is not intended to give or imply any investment advice. While differences in company rankings may be identified, and possibly commented on, they will not necessarily be explained. In some cases a measure considered may have no relevance to a specific company.

The web site is not intended to supply a gold mining news service as this is adequately covered in many other sites. The activities of the companies covered are, however, monitored on an ongoing basis – especially regarding issues pertinent to their comparative values. Share price figures are updated on a regular basis – see the “Latest Computation Date” at the top of this page. Input parameters such as gold production, costs, gold reserves and gold resources will be updated as new information is reported by the companies.

It should be noted that figures presented in this site may be based on approximate values and may make various assumptions. The figures, values and assumptions presented here may change significantly, and possibly in a very short period of time, due to market conditions (including commodity and share prices) and also due to events taking place within the gold companies which are reviewed. Users should read the Disclaimer and take great care in the use of any figures presented in this web site.