Country Report
Global gold mine cost summary
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Gold prices plateaued in Q2 2025 after a second rally, reaching record highs past the $3,500/oz barrier. The surge has driven strong returns for miners and prompted strategic shifts across the industry... but will this sustain into the near future? Despite inflationary pressures and challenging mining conditions, operators have delivered robust results in Q1 2025, leveraging high prices and operational efficiency. With strong cashflows in hand, many are turning to M&A, exploration, and project development to secure long-term growth and resilience. The second half of 2025 represents a great opportunity for miners to make impactful decisions and drive performance.
Table of contents
- High gold prices bring results to even challenging operations
- Expanding portfolios
- US Critical Minerals Executive
- Africa brings high rewards with high risk
- Rise of Artisanal Mining
- The Tariff War
- One Big Beautiful Bill
Tables and charts
This report includes the following images and tables:
- LBMA gold price AM benchmark (US$/oz)
What's included
This report contains:
Other reports you may be interested in
Country Report
Global zinc and lead mine cost summary
This global cost summary report examines production and cost trends in the zinc and lead mining industry.
$6,750
Country Report
Global bauxite mine asset cost summary
The Global Bauxite Asset Summary examines the cost environment in the base year as well as historically and forward five years.
$6,750
Asset Report
Ballarat (Closed) gold mine
A detailed analysis of the Ballarat gold mine.
$2,250
