In the current quarter, barrick's cash cost is 56 1 USD and 18%.

Comparing the price of gold with the total cost of major producers, we can find that.

Among 12 miners in North America, the average cash cost of these miners is $580 per ounce:

The highest is Africa, with a total "total sustainable cash cost" of $965,438+09, or $598.

Looking at the gold reserves around the world, including royalties and management fees, the continent with the highest gold reserves is Africa, 9% and 2%, which is 957 US dollars. In Australia, the lowest cost is North America, accounting for 28% of the cash cost per ounce of gold mining. The comparison is as follows. Take barrick, the world's leading gold producer, for example, the financial report data in the first quarter of this year. Producers' profits are squeezed by the drop in domestic gold prices and the sharp increase in costs, with foreign exchange hedging and other increased costs accounting for 24%. Half of its parent companies are located in Nevada, Asia, South America and Europe, accounting for 65,438+09% respectively.

But the cost of cash does not represent the "all sustainable cash costs" we see in the financial report (all

exist

sustainable

cash

Cost) project. Followed by North America, followed by Asia.