Currently viewing Global edition

Gold majors basking in recovery

The gold majors have come out of a weaker few years with lower costs and improved production profiles. Some are even getting back to 2012 share price levels. More than a year into their recoveries, Mining Journal has checked in with the biggest gold miners to see if their behaviour has changed since the clouds cleared.

Gold majors basking in recovery Gold majors basking in recovery Gold majors basking in recovery Gold majors basking in recovery Gold majors basking in recovery

Golden opportunity: are the majors making the most of big profits?

With the gold price currently soaring above US$1,300 per ounce, all of the majors are making significant cash and, judging by their most recent quarterly results, this looks set to continue.