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Gold 3Q hit by rising costs, falling production

Rising costs and declining production are beginning to make an impact on the quarterly results of the leading gold producers. The average all-in sustaining cost (AISC) jumped about US$100 per ounce in the September quarter to $1,090, which contributed to the aggregate working capital (current assets less current liabilities) falling below $16 billion for the first time since the March quarter of 2020.

Gold 3Q hit by rising costs, falling production Gold 3Q hit by rising costs, falling production Gold 3Q hit by rising costs, falling production Gold 3Q hit by rising costs, falling production Gold 3Q hit by rising costs, falling production

Agnico Eagle Mine's and Yamana Gold's Canadian Malartic JV in Quebec, Canada

The average cash balance of the nine companies covered fell to $1.

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