RE: RE: RE: RE: ups Not sure exactly on this one, usualy indicated is $100oz and inferred is about $40 from old sayings but
Canada Indicated avg is $243 and inferred is about $60
Note: * Excluding Witwatersrand ounces; ** Excluding JSE; highest valuations in each category in bold.
Measured Indicated Inferred Average
London* 403.53 85.94 3.78 120.73
Canadian* 283.68 243.76 62.01 196.90
Australian* 738.55 143.43 91.47 191.75
Simple average 395.46 131.57 48.38 120.26
Weighted average* ** 339.90 158.55 33.65 158.56
JSE (maximum) 156.08 53.14 36.27 36.27
Source: Edison Investment Research