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Gold miners had one of their best March quarters for years as aggregate production totalled 5.6Moz for senior producers and 1.6Moz for mid-tier producers, albeit at the highest ever average all-in sustaining cost.
Gold producer AISC and margins 1Q23
The middle quarters of 2022 post some of the highest aggregate production quarters ever, raising questions about whether the industry can sustain such a pace.
The 5.
Strong margins despite smaller resource and higher costs
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