The gold mining industry reports production costs using a range of metrics, with actual reporting practice varying significantly from company to company. Standardised metrics provide further transparency into the costs associated with gold production, and can be helpful to investors, governments, local communities and other stakeholders in understanding the economics of gold mining. All-in Sustaining Cost (AISC) aims to better-reflect the full cost of keeping the mine in business.
Production costs AISC chart
Data as of
Sources: Metals Focus Gold Mine Cost Service; Disclaimer
Q2’24 AISC curve
Data as of
Sources: Metals Focus Gold Mine Cost Service; Disclaimer
Length and Frequency
Quarterly average global AISC of gold production from 2012. AISC cost curve represents the most recent quarter available.
Update Schedule
Updated quarterly, in conjunction with the publication of Metals Focus’ Gold Mine Cost Service.
Units
Prices and costs are quoted in US dollars per troy ounce unless otherwise stated.
