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Hannah Brandstaetter
ESG Programme Director
World Gold Council

How can gold mining contribute to better lives? Kinross Gold explains

Last year we launched a new report, Gold Mining’s Contribution to the UN Sustainable Development Goals (SDGs), looking at the meaningful progress our Members are making towards social and economic development. We spoke to Kinross about their achievements and aspirations when it comes to contributing to the SDGs and heard first-hand from those working on the ground who are impacting and improving the lives of many.
Johan Palmberg
Senior Quantitative Analyst
World Gold Council

Gold, commodities and reflation

Is the current commodity rally just another reflationary episode or something more pervasive? Recent market moves in commodities rank in the top 5% of six-month moves since 1971. Gold's weak performance so far is consistent with previous reflationary episodes – its time to shine may yet come.
Adam Webb
Director of Mine Supply
Metals Focus

Sustaining capital expenditure pushes AISC higher in Q4'20

During Q4 2020, All-in Sustaining Cost (AISC) in the gold mining industry averaged US$983/oz, up 1.8% from the previous quarter. AISC increased even though average Total Cash Costs declined by 1.6% q-o-q. This suggests that higher AISC was driven by rising sustaining capital costs rather than mine site operating costs.