Insight

Australian gold mine costs drop by US$180/oz in 2015

This report is currently unavailable

This report is currently unavailable

Get this Insight as part of a subscription

Enquire about subscriptions

Already have a subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

Report summary

The average total cash cost plus sustaining capex (TCPS) for Australian gold miners  has fallen   in 2015 by US$180/oz, compared to the previous calendar year. The Australian weighted average gold TCPS unit cost is now estimated at US$830/oz, down 18% from US$1,010/oz in 2014. The depreciation of the Australian dollar has had a major impact in lowering US$ denominated costs, accounting for US$165/oz of the decrease; however, cost reductions have also flowed from savings in direct site production expenditure which fell by US$38/oz. 

What's included

This report contains

  • Document

    Australian gold mine costs drop by US$180/oz in 2015

    PDF 336.98 KB

Table of contents

  • Executive summary
  • 2015 cash costs
  • Cost reduction drivers
  • Outlook

Tables and charts

This report includes 7 images and tables including:

Tables

  • Table: Australian gold direct cash production cost (per tonne)
  • Table: Australian gold mine strip ratio, head grade and recovery (2015 versus 2014)

Images

  • Chart: Australian gold cost curve (total cash cost plus sustaining capex) 2015
  • Chart: Breakdown of change in 2015 Australian gold TCPS cost
  • Australian gold mine costs drop by US$180/oz in 2015: Image 3
  • Australian gold mine costs drop by US$180/oz in 2015: Image 4
  • Chart: 2016 Australian gold cost curve (total cash cost plus sustaining capex) 2016

Questions about this report?

  • Europe:
    +44 131 243 4400
  • Americas:
    +1 713 470 1600
  • Asia Pacific:
    +65 6518 0800