Adam Webb

Director of Mine Supply Metals Focus

Gold miners’ average AISC resumes rising trend in Q1’23 and reaches a new record high

Costs in the gold mining industry resumed their upward trajectory in the first quarter of this year. This followed a short-lived break in Q4’22, when gold miners’ average all-in sustaining costs (AISC) had fallen by 1% q/q. Prior to this, costs had risen for the past three consecutive quarters, stretching back to Q1’22.

Posted 7 months 1 week ago