Gold Mining’s Hidden Crisis: Production Costs Climb Despite Record Prices

Gold’s price may be grabbing headlines, but there’s a bigger story unfolding in the mining industry.  Despite gold reaching near-record highs earlier this year, miners are facing a serious challenge: production costs are soaring at an unprecedented rate.   According to the World Gold Council, these rising costs are pushing some mining operations to the brink, even as gold prices remain strong… The True Cost of Gold Mining To get a better understanding of the rising cost of mining let’s look at the All-in Sustaining Cost (AISC). This crucial metric shows the true cost of running a gold mine – […]