Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
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.

老虎证券老虎证券2026/04/23 22:00
Show original
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.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Meta (META.US) data center's first high-yield bond is oversubscribed more than four times, strong demand drives premium issuance

The first junk bond issuance by the data center division of Meta Platforms attracted demand over four times the transaction size, with its enticing yields drawing in investors.

智通财经2026/09/19 04:11

US stock index adjustments to take effect next Monday: Bloom Energy (BE.US) and Everpure (P.US) to be included in S&P 500, changes also for mid- and small-cap stocks

Bloom Energy, Illumina, and Everpure will be included in the S&P 500 index, while several other companies will be added to the S&P 100, S&P MidCap 400, and S&P SmallCap 600 indices.

智通财经2026/09/19 02:31