Use of the “all-in sustaining costs” (AISC) measure of gold production is on the rise, as it provides a more comprehensive look at costs than the traditional “cash cost” approach.The AISC measure, finalized in June and supported strongly by the World Gold Council, includes other expenses such as general office spending and capital used in mine development and production to create a benchmark of a company’s operating efficiency.
Ann: Tomingley Gold Operations Meets FY2020 Guidance, page-14
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