Oliver Blagden
Mine Supply Analyst Metals FocusRecord gold prices outpace rising mining costs in Q1’26
Global average gold producer All-In Sustaining Costs (AISC) rose by 5% q/q and 16% y/y to US$1,785/oz in Q1’26. Rising costs have become a persistent feature of the industry, with the quarter marking the 28th consecutive year-on-year increase in AISC.