In its latest conference call, global gold mining giant Newmont Mining revealed that a fluctuation of $10 per barrel in crude oil prices would lead to an approximate $60 million change in its operating costs.

In its latest conference call, global gold mining giant Newmont Mining revealed that a fluctuation of $10 per barrel in crude oil prices would lead to an approximate $60 million change in its operating costs.

老虎证券2026/04/23 22:00

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This amount translates to an increase of approximately $12 in All-In Sustaining Cost (AISC) per ounce. As an energy-sensitive, capital-intensive industry, the cost structure of gold miners is closely linked to oil price trends. This data provides investors with an important quantitative reference to assess the financial impact of energy price fluctuations on companies.

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In its latest conference call, global gold mining giant Newmont Mining revealed that a fluctuation of $10 per barrel in crude oil prices would lead to an approximate $60 million change in its operating costs.

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