I THOUGHT I’D MAKE YOUR LIVES EAS­IER BY PUTTING TO­GETHER A REPORT TEM­PLATE FOR GOLD COM­PANY RE­SULTS AND AN­NOUNCE­MENTS:

Finweek English Edition - - INSIGHT: LOCAL -

to­day. Earn­ings fell by xx% and were be­low ex­pec­ta­tions by xx%.

for 2013 by xx%. 2013 was in­creased by xx% and xx% re­spec­tively. it’s last ma­jor in­vest­ment by $xx bn … as a re­sult…

re­placed. $x xbn for work­ing cap­i­tal and new in­vest­ments. re­sulted in a xx% de­crease in re­serves and a xx% de­crease in ex­pected plant re­cov­er­ies.

and xx% re­spec­tively. man­agers like me a bit of time. Gaug­ing from the last few quar­terly re­port­ing sea­sons, the tem­plate should work for 95% stab at the sell side, but more on that later.

I de­spair. I’m at my wits’ end be­cause of the con­stant is­sues in the gold compa- for as it has not faced many of th­ese is­sues. near 15% since the low in 1999. It has in­creased 540% over the pe­riod. Since In­dex has in­creased by a mod­est 190% (8% per an­num), and this is in round num­bers, at about twice the volatil­ity of

not news to many.

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