Gold miners enjoy strong Q2 despite lower gold price, higher expenses and operational disruptions – WGC's Blagden

Impact · against what's priced in

The gold mining sector faces a mounting margin squeeze as record-high AISC of $1,930/oz coincides with a downward trend in gold prices. The shift of sustaining capex to 23% of the cost base suggests a structural erosion of free cash flow that likely outweighs the historical cushion mentioned by the WGC.

Scored by the NIS engine · methodology.

Gold miners enjoy strong Q2 despite lower gold price, higher expenses and operational disruptions – WGC's Blagden

earnings
aisc
commodities
gold

Gold miners enjoy strong Q2 despite lower gold price, higher expenses and operational disruptions – WGC's Blagden

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Gold miners enjoy strong Q2 despite lower gold price, higher expenses and operational disruptions – WGC's Blagden

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Gold miners enjoy strong Q2 despite lower gold price, higher expenses and operational disruptions – WGC's Blagden

What matters in this story

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Gold miners enjoy strong Q2 despite lower gold price, higher expenses and operational disruptions – WGC's Blagden

What matters in this story

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