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Major Gold Miners' AISC, page-2

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Wainui

1,652 Posts.

33

07/11/15

11:41

Post #: 16345259
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Originally posted by moorookamick ↑

A look at the All-in Sustainable Costs (AISC) of the major
gold miners is always a good place to start in having a view on the
long term price floor for gold:

Miner...............................AISC
Barrick..............................$920
Goldcorp...........................$1050
Newmont..........................$1110
AGA...................................$1180
Kinross..............................$1100
Goldfields..........................$1210

(figures in USD for 2013, amegroup.com)

While the above biggies may try to improve their AISC
by dropping high cost mines or cutting back on exploration,
this will only lead to cutting production in the longer term.

So those predicting the POG sub $1000 are not being realistic, IMO.

IMO, the longer term POG will likely have a floor around $1150
because under this, supply would likely be seriously restricted.

Cheers
Moorookamick

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What are the lowest cost projects you know of ?
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