Country Report
Global gold mine cost summary
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
2024 shaped up to be a record-breaking year for gold, with prices reaching all-time highs. The first three months of 2025 may have Trumped this already... Gold is up 15% this year, breaking the psychological $3,000/oz barrier. Despite skyrocketing gold prices, miners faced significant challenges with intense inflationary pressures hampering effective cost control. However, Q4 brought improvement compared with Q3. Miners enhanced cost management, boosted production and generated substantial cash flows. These positive developments heightened expectations for the industry. The Q4 performance improvement ignited curiosity about the industry's 2025 prospects. Investors and analysts now ponder whether these trends will persist. The gold mining industry's potential for strong results in 2025 remains uncertain as the market continues to evolve.
Table of contents
- Cost control
- Exploration and project development
- M&A
- Trump's Tariffs
Tables and charts
This report includes the following images and tables:
- LBMA gold price AM benchmark (US$/oz)
What's included
This report contains:
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