Miners Hub
Gold Miner Margins
The median all-in sustaining cost (AISC) of the major gold producers versus the gold price, by quarter, with each company’s own AISC, margin and change listed and cited.
Q2 2026 margin: quarter-average price minus Q2 2026 AISC $2,586/oz 57.3% of the gold price
Median AISC $1,926/oz gold averaged $4,512/toz
Quarter on quarter −$439/oz +$924/oz year on year
AISC margin is a production-cost spread, not company net profit.
Q2 2026 · updated 30 Sep 2026 · 35 of 35 reported · margin was last higher in Q1 2026
The gold cost curve
See the figures
| Company | AISC $/oz |
|---|---|
| EMR | $818 |
| ARTG | $955 |
| LUG | $1,176 |
| DPM | $1,214 |
| KNT | $1,376 |
| AEM | $1,459 |
| NEM | $1,621 |
| GMIN | $1,690 |
| TXG | $1,699 |
| CGAU | $1,707 |
| AGI | $1,728 |
| WAF | $1,730 |
| EMAS | $1,754 |
| WDO | $1,763 |
| KGC | $1,821 |
| B | $1,866 |
| EDV | $1,907 |
| EGO | $1,926 |
| GFI | $1,957 |
| PAAS | $1,984 |
| AUGO | $1,985 |
| AU | $2,039 |
| OGC | $2,151 |
| DSV | $2,154 |
| FSM | $2,157 |
| EQX | $2,175 |
| KCN | $2,197 |
| IAG | $2,271 |
| BTG | $2,356 |
| ORE | $2,449 |
| MSA | $2,458 |
| RSG | $2,484 |
| HMMC | $2,561 |
| SSRM | $2,622 |
| RIO2 | $2,873 |
The fixed cohort on one quarter, Q2 2026: every bar is the same period, so the order is a ranking by stated cost.
Company details
- Emerald Resources NL EMR
- AISC $/oz
- $818
- Basis
- per oz produced
- Period
- Q2 2026
- Source
- Company release
- Company page
- Emerald Resources NL
- Artemis Gold Inc ARTG
- AISC $/oz
- $955
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Artemis Gold Inc
- Lundin Gold Inc LUG
- AISC $/oz
- $1,176
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Lundin Gold Inc
- DPM Metals Inc DPM
- AISC $/oz
- $1,214
- Basis
- GEO
- Period
- Q2 2026
- Source
- Company release
- Company page
- DPM Metals Inc
- K92 Mining Inc KNT
- AISC $/oz
- $1,376
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- K92 Mining Inc
- Agnico Eagle Mines AEM
- AISC $/oz
- $1,459
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Agnico Eagle Mines
- Newmont Corporation NEM
- AISC $/oz
- $1,621
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Newmont Corporation
- G Mining Ventures Corp GMIN
- AISC $/oz
- $1,690
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- G Mining Ventures Corp
- Torex Gold Resources TXG
- AISC $/oz
- $1,699
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Torex Gold Resources
- Centerra Gold Inc CGAU
- AISC $/oz
- $1,707
- Basis
- 100% basis
- Period
- Q2 2026
- Source
- Company release
- Company page
- Centerra Gold Inc
- Alamos Gold Inc AGI
- AISC $/oz
- $1,728
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Alamos Gold Inc
- West African Resources Ltd WAF
- AISC $/oz
- $1,730
- Basis
- 100% basis
- Period
- Q2 2026
- Source
- Company release
- Company page
- West African Resources Ltd
- Merdeka Gold Resources EMAS
- AISC $/oz
- $1,754
- Basis
- incl. royalty
- Period
- Q2 2026
- Source
- Company release
- Company page
- Merdeka Gold Resources
- Wesdome Gold Mines WDO
- AISC $/oz
- $1,763
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Wesdome Gold Mines
- Kinross Gold Corporation KGC
- AISC $/oz
- $1,821
- Basis
- GEO
- Period
- Q2 2026
- Source
- Company release
- Company page
- Kinross Gold Corporation
- Barrick Mining Corporation B
- AISC $/oz
- $1,866
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Barrick Mining Corporation
- Endeavour Mining plc EDV
- AISC $/oz
- $1,907
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Endeavour Mining plc
- Eldorado Gold Corporation EGO
- AISC $/oz
- $1,926
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Eldorado Gold Corporation
- Gold Fields Limited GFI
- AISC $/oz
- $1,957
- Basis
- GEO
- Period
- Q2 2026
- Source
- Company release
- Company page
- Gold Fields Limited
- Pan American Silver Corp. PAAS
- AISC $/oz
- $1,984
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Pan American Silver Corp.
- Aura Minerals Inc AUGO
- AISC $/oz
- $1,985
- Basis
- GEO
- Period
- Q2 2026
- Source
- Company release
- Company page
- Aura Minerals Inc
- AngloGold Ashanti plc AU
- AISC $/oz
- $2,039
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- AngloGold Ashanti plc
- OceanaGold Corporation OGC
- AISC $/oz
- $2,151
- Basis
- 100% basis
- Period
- Q2 2026
- Source
- Company release
- Company page
- OceanaGold Corporation
- Discovery Mining Ltd. DSV
- AISC $/oz
- $2,154
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Discovery Mining Ltd.
- Fortuna Mining Corp. FSM
- AISC $/oz
- $2,157
- Basis
- GEO
- Period
- Q2 2026
- Source
- Company release
- Company page
- Fortuna Mining Corp.
- Equinox Gold Corp EQX
- AISC $/oz
- $2,175
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Equinox Gold Corp
- Kingsgate Consolidated Limited KCN
- AISC $/oz
- $2,197
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Kingsgate Consolidated Limited
- IAMGOLD Corporation IAG
- AISC $/oz
- $2,271
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- IAMGOLD Corporation
- B2Gold Corp BTG
- AISC $/oz
- $2,356
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- B2Gold Corp
- Orezone Gold Corporation ORE
- AISC $/oz
- $2,449
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Orezone Gold Corporation
- Mineros SA MSA
- AISC $/oz
- $2,458
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Mineros SA
- Resolute Mining Limited RSG
- AISC $/oz
- $2,484
- Basis
- per oz produced
- Period
- Q2 2026
- Source
- Company release
- Company page
- Resolute Mining Limited
- Hemlo Mining Corp HMMC
- AISC $/oz
- $2,561
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Hemlo Mining Corp
- SSR Mining Inc. SSRM
- AISC $/oz
- $2,622
- Basis
- GEO
- Period
- Q2 2026
- Source
- Company release
- Company page
- SSR Mining Inc.
- Rio2 Limited RIO2
- AISC $/oz
- $2,873
- Basis
- ramp-up
- Period
- Q2 2026
- Source
- Company release
- Company page
- Rio2 Limited
Company details
- Agnico Eagle Mines AEM
- AISC $/oz
- $1,459
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Agnico Eagle Mines
- Alamos Gold Inc AGI
- AISC $/oz
- $1,728
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Alamos Gold Inc
- Artemis Gold Inc ARTG
- AISC $/oz
- $955
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Artemis Gold Inc
- AngloGold Ashanti plc AU
- AISC $/oz
- $2,039
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- AngloGold Ashanti plc
- Aura Minerals Inc AUGO
- AISC $/oz
- $1,985
- Basis
- GEO
- Period
- Q2 2026
- Source
- Company release
- Company page
- Aura Minerals Inc
- Barrick Mining Corporation B
- AISC $/oz
- $1,866
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Barrick Mining Corporation
- B2Gold Corp BTG
- AISC $/oz
- $2,356
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- B2Gold Corp
- Centerra Gold Inc CGAU
- AISC $/oz
- $1,707
- Basis
- 100% basis
- Period
- Q2 2026
- Source
- Company release
- Company page
- Centerra Gold Inc
- DPM Metals Inc DPM
- AISC $/oz
- $1,214
- Basis
- GEO
- Period
- Q2 2026
- Source
- Company release
- Company page
- DPM Metals Inc
- Discovery Mining Ltd. DSV
- AISC $/oz
- $2,154
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Discovery Mining Ltd.
- Endeavour Mining plc EDV
- AISC $/oz
- $1,907
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Endeavour Mining plc
- Eldorado Gold Corporation EGO
- AISC $/oz
- $1,926
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Eldorado Gold Corporation
- Merdeka Gold Resources EMAS
- AISC $/oz
- $1,754
- Basis
- incl. royalty
- Period
- Q2 2026
- Source
- Company release
- Company page
- Merdeka Gold Resources
- Emerald Resources NL EMR
- AISC $/oz
- $818
- Basis
- per oz produced
- Period
- Q2 2026
- Source
- Company release
- Company page
- Emerald Resources NL
- Equinox Gold Corp EQX
- AISC $/oz
- $2,175
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Equinox Gold Corp
- Fortuna Mining Corp. FSM
- AISC $/oz
- $2,157
- Basis
- GEO
- Period
- Q2 2026
- Source
- Company release
- Company page
- Fortuna Mining Corp.
- Gold Fields Limited GFI
- AISC $/oz
- $1,957
- Basis
- GEO
- Period
- Q2 2026
- Source
- Company release
- Company page
- Gold Fields Limited
- G Mining Ventures Corp GMIN
- AISC $/oz
- $1,690
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- G Mining Ventures Corp
- Hemlo Mining Corp HMMC
- AISC $/oz
- $2,561
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Hemlo Mining Corp
- IAMGOLD Corporation IAG
- AISC $/oz
- $2,271
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- IAMGOLD Corporation
- Kingsgate Consolidated Limited KCN
- AISC $/oz
- $2,197
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Kingsgate Consolidated Limited
- Kinross Gold Corporation KGC
- AISC $/oz
- $1,821
- Basis
- GEO
- Period
- Q2 2026
- Source
- Company release
- Company page
- Kinross Gold Corporation
- K92 Mining Inc KNT
- AISC $/oz
- $1,376
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- K92 Mining Inc
- Lundin Gold Inc LUG
- AISC $/oz
- $1,176
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Lundin Gold Inc
- Mineros SA MSA
- AISC $/oz
- $2,458
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Mineros SA
- Newmont Corporation NEM
- AISC $/oz
- $1,621
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Newmont Corporation
- OceanaGold Corporation OGC
- AISC $/oz
- $2,151
- Basis
- 100% basis
- Period
- Q2 2026
- Source
- Company release
- Company page
- OceanaGold Corporation
- Orezone Gold Corporation ORE
- AISC $/oz
- $2,449
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Orezone Gold Corporation
- Pan American Silver Corp. PAAS
- AISC $/oz
- $1,984
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Pan American Silver Corp.
- Rio2 Limited RIO2
- AISC $/oz
- $2,873
- Basis
- ramp-up
- Period
- Q2 2026
- Source
- Company release
- Company page
- Rio2 Limited
- Resolute Mining Limited RSG
- AISC $/oz
- $2,484
- Basis
- per oz produced
- Period
- Q2 2026
- Source
- Company release
- Company page
- Resolute Mining Limited
- SSR Mining Inc. SSRM
- AISC $/oz
- $2,622
- Basis
- GEO
- Period
- Q2 2026
- Source
- Company release
- Company page
- SSR Mining Inc.
- Torex Gold Resources TXG
- AISC $/oz
- $1,699
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Torex Gold Resources
- West African Resources Ltd WAF
- AISC $/oz
- $1,730
- Basis
- 100% basis
- Period
- Q2 2026
- Source
- Company release
- Company page
- West African Resources Ltd
- Wesdome Gold Mines WDO
- AISC $/oz
- $1,763
- Basis
- Consolidated AISC per ounce, as the company states it
- Period
- Q2 2026
- Source
- Company release
- Company page
- Wesdome Gold Mines
The cohort over time
See the figures
| Quarter | Price avg | Median AISC | Median margin | margin % | Reported |
|---|---|---|---|---|---|
| Q4 2019 | $1,482 | $938 | $544 | 36.7% | 10 |
| Q1 2020 | $1,583 | $975 | $608 | 38.4% | 11 |
| Q2 2020 | $1,710 | $1,015 | $695 | 40.6% | 12 |
| Q3 2020 | $1,912 | $990 | $922 | 48.2% | 10 |
| Q4 2020 | $1,875 | $978 | $897 | 47.8% | 10 |
| Q1 2021 | $1,798 | $1,018 | $780 | 43.4% | 13 |
| Q2 2021 | $1,815 | $1,060 | $755 | 41.6% | 13 |
| Q3 2021 | $1,789 | $1,087 | $702 | 39.2% | 14 |
| Q4 2021 | $1,796 | $1,077 | $719 | 40.0% | 11 |
| Q1 2022 | $1,873 | $1,347 | $526 | 28.1% | 11 |
| Q2 2022 | $1,874 | $1,270 | $604 | 32.2% | 11 |
| Q3 2022 | $1,726 | $1,264 | $462 | 26.8% | 10 |
| Q4 2022 | $1,729 | $1,236 | $492 | 28.5% | 10 |
| Q1 2023 | $1,888 | $1,354 | $534 | 28.3% | 13 |
| Q2 2023 | $1,978 | $1,348 | $630 | 31.8% | 14 |
| Q3 2023 | $1,929 | $1,273 | $656 | 34.0% | 13 |
| Q4 2023 | $1,976 | $1,368 | $608 | 30.8% | 10 |
| Q1 2024 | $2,072 | $1,314 | $758 | 36.6% | 10 |
| Q2 2024 | $2,336 | $1,412 | $924 | 39.6% | 13 |
| Q3 2024 | $2,480 | $1,512 | $968 | 39.0% | 12 |
| Q4 2024 | $2,663 | $1,451 | $1,212 | 45.5% | 11 |
| Q1 2025 | $2,863 | $1,512 | $1,351 | 47.2% | 10 |
| Q2 2025 | $3,293 | $1,632 | $1,662 | 50.5% | 14 |
| Q3 2025 | $3,459 | $1,569 | $1,890 | 54.6% | 31 |
| Q4 2025 | $4,152 | $1,699 | $2,453 | 59.1% | 31 |
| Q1 2026 | $4,876 | $1,851 | $3,025 | 62.0% | 35 |
| Q2 2026 | $4,512 | $1,926 | $2,586 | 57.3% | 35 |
See the figures
| Quarter | Price avg | Median AISC | Median margin | margin % | Reported |
|---|---|---|---|---|---|
| Q3 2025 | $3,459 | $1,569 | $1,890 | 54.6% | 31 |
| Q4 2025 | $4,152 | $1,699 | $2,453 | 59.1% | 31 |
| Q1 2026 | $4,876 | $1,851 | $3,025 | 62.0% | 35 |
| Q2 2026 | $4,512 | $1,926 | $2,586 | 57.3% | 35 |
See the figures
| Quarter | Price avg | Median AISC | Median margin | margin % | Reported |
|---|---|---|---|---|---|
| Q3 2023 | $1,929 | $1,273 | $656 | 34.0% | 13 |
| Q4 2023 | $1,976 | $1,368 | $608 | 30.8% | 10 |
| Q1 2024 | $2,072 | $1,314 | $758 | 36.6% | 10 |
| Q2 2024 | $2,336 | $1,412 | $924 | 39.6% | 13 |
| Q3 2024 | $2,480 | $1,512 | $968 | 39.0% | 12 |
| Q4 2024 | $2,663 | $1,451 | $1,212 | 45.5% | 11 |
| Q1 2025 | $2,863 | $1,512 | $1,351 | 47.2% | 10 |
| Q2 2025 | $3,293 | $1,632 | $1,662 | 50.5% | 14 |
| Q3 2025 | $3,459 | $1,569 | $1,890 | 54.6% | 31 |
| Q4 2025 | $4,152 | $1,699 | $2,453 | 59.1% | 31 |
| Q1 2026 | $4,876 | $1,851 | $3,025 | 62.0% | 35 |
| Q2 2026 | $4,512 | $1,926 | $2,586 | 57.3% | 35 |
See the figures
| Quarter | Price avg | Median AISC | Median margin | margin % | Reported |
|---|---|---|---|---|---|
| Q3 2021 | $1,789 | $1,087 | $702 | 39.2% | 14 |
| Q4 2021 | $1,796 | $1,077 | $719 | 40.0% | 11 |
| Q1 2022 | $1,873 | $1,347 | $526 | 28.1% | 11 |
| Q2 2022 | $1,874 | $1,270 | $604 | 32.2% | 11 |
| Q3 2022 | $1,726 | $1,264 | $462 | 26.8% | 10 |
| Q4 2022 | $1,729 | $1,236 | $492 | 28.5% | 10 |
| Q1 2023 | $1,888 | $1,354 | $534 | 28.3% | 13 |
| Q2 2023 | $1,978 | $1,348 | $630 | 31.8% | 14 |
| Q3 2023 | $1,929 | $1,273 | $656 | 34.0% | 13 |
| Q4 2023 | $1,976 | $1,368 | $608 | 30.8% | 10 |
| Q1 2024 | $2,072 | $1,314 | $758 | 36.6% | 10 |
| Q2 2024 | $2,336 | $1,412 | $924 | 39.6% | 13 |
| Q3 2024 | $2,480 | $1,512 | $968 | 39.0% | 12 |
| Q4 2024 | $2,663 | $1,451 | $1,212 | 45.5% | 11 |
| Q1 2025 | $2,863 | $1,512 | $1,351 | 47.2% | 10 |
| Q2 2025 | $3,293 | $1,632 | $1,662 | 50.5% | 14 |
| Q3 2025 | $3,459 | $1,569 | $1,890 | 54.6% | 31 |
| Q4 2025 | $4,152 | $1,699 | $2,453 | 59.1% | 31 |
| Q1 2026 | $4,876 | $1,851 | $3,025 | 62.0% | 35 |
| Q2 2026 | $4,512 | $1,926 | $2,586 | 57.3% | 35 |
The companies
| Next report | |||||
|---|---|---|---|---|---|
| Emerald Resources NL EMR per oz produced [1] | $818 | $3,694 | 81.9% | 27,072 | Next report: around 29 January 2027, estimated from the company's past reporting pattern. |
| Artemis Gold Inc ARTG [2] | $955 | $3,557 | 78.8% | 74,063 | Last reported: 12 August 2025 (Q2 2025); the next date is not yet announced. |
| Lundin Gold Inc LUG [3] | $1,176 | $3,336 | 73.9% | 118,994 | Next report: around 5 November 2026, estimated from the company's past reporting pattern. |
| DPM Metals Inc DPM GEO [4] | $1,214 | $3,298 | 73.1% | 102,690 | Next report: around 29 October 2026, estimated from the company's past reporting pattern. |
| K92 Mining Inc KNT [5] | $1,376 | $3,136 | 69.5% | 42,931 | Next report: around 9 November 2026, estimated from the company's past reporting pattern. |
| Agnico Eagle Mines AEM [6] | $1,459 | $3,053 | 67.7% | 855,816 | Next report: around 28 October 2026, estimated from the company's past reporting pattern. |
| Newmont Corporation NEM [7] | $1,621 | $2,891 | 64.1% | 1,293,000 | Next report: around 22 October 2026, estimated from the company's past reporting pattern. |
| G Mining Ventures Corp GMIN [8] | $1,690 | $2,822 | 62.5% | 36,845 | Next report: around 12 November 2026, estimated from the company's past reporting pattern. |
| Torex Gold Resources TXG [9] | $1,699 | $2,813 | 62.3% | 69,278 | Next report: around 5 November 2026, estimated from the company's past reporting pattern. |
| Centerra Gold Inc CGAU 100% basis [10] | $1,707 | $2,805 | 62.2% | 70,727 | Next report: around 27 October 2026, estimated from the company's past reporting pattern. |
| Alamos Gold Inc AGI [11] | $1,728 | $2,784 | 61.7% | 130,600 | Next report: around 28 October 2026, estimated from the company's past reporting pattern. |
| West African Resources Ltd WAF 100% basis [12] | $1,730 | $2,782 | 61.7% | 125,179 | Next report date: not yet announced. |
| Merdeka Gold Resources EMAS incl. royalty [13] | $1,754 | $2,758 | 61.1% | 15,594 | Next report: around 25 October 2026, estimated from the company's past reporting pattern. |
| Wesdome Gold Mines WDO [14] | $1,763 | $2,749 | 60.9% | 43,824 | Next report date: not yet announced. |
| Kinross Gold Corporation KGC GEO [15] | $1,821 | $2,691 | 59.6% | 492,326 | Next report: around 4 November 2026, estimated from the company's past reporting pattern. |
| Barrick Mining Corporation B [16] | $1,866 | $2,646 | 58.6% | 796,000 | Next report: around 9 November 2026, estimated from the company's past reporting pattern. |
| Endeavour Mining plc EDV [17] | $1,907 | $2,605 | 57.7% | 283,000 | Next report: around 12 November 2026, estimated from the company's past reporting pattern. |
| Eldorado Gold Corporation EGO [18] | $1,926 | $2,586 | 57.3% | 104,616 | Next report: around 29 October 2026, estimated from the company's past reporting pattern. |
| Gold Fields Limited GFI GEO [19] | $1,957 | $2,555 | 56.6% | 634,000 | Next report date: not yet announced. |
| Pan American Silver Corp. PAAS [20] | $1,984 | $2,528 | 56.0% | 165,900 | Next report: around 11 November 2026, estimated from the company's past reporting pattern. |
| Aura Minerals Inc AUGO GEO [21] | $1,985 | $2,527 | 56.0% | 75,437 | Next report: around 3 November 2026, estimated from the company's past reporting pattern. |
| AngloGold Ashanti plc AU [22] | $2,039 | $2,473 | 54.8% | 744,000 | Next report date: not yet announced. |
| OceanaGold Corporation OGC 100% basis [23] | $2,151 | $2,361 | 52.3% | 138,800 | Next report: around 4 November 2026, estimated from the company's past reporting pattern. |
| Discovery Mining Ltd. DSV [24] | $2,154 | $2,358 | 52.3% | 67,309 | Next report date: not yet announced. |
| Fortuna Mining Corp. FSM GEO [25] | $2,157 | $2,355 | 52.2% | 72,217 | Next report: around 5 November 2026, estimated from the company's past reporting pattern. |
| Equinox Gold Corp EQX [26] | $2,175 | $2,337 | 51.8% | 176,836 | Next report: around 4 November 2026, estimated from the company's past reporting pattern. |
| Kingsgate Consolidated Limited KCN [27] | $2,197 | $2,315 | 51.3% | 20,163 | Next report date: not yet announced. |
| IAMGOLD Corporation IAG [28] | $2,271 | $2,241 | 49.7% | 188,100 | Next report: around 3 November 2026, estimated from the company's past reporting pattern. |
| B2Gold Corp BTG [29] | $2,356 | $2,156 | 47.8% | 203,648 | Next report: around 4 November 2026, estimated from the company's past reporting pattern. |
| Orezone Gold Corporation ORE [30] | $2,449 | $2,063 | 45.7% | 58,566 | Next report: around 11 November 2026, estimated from the company's past reporting pattern. |
| Mineros SA MSA [31] | $2,458 | $2,054 | 45.5% | 60,253 | Next report: around 4 November 2026, estimated from the company's past reporting pattern. |
| Resolute Mining Limited RSG per oz produced [32] | $2,484 | $2,028 | 45.0% | 45,192 | Next report: around 5 January 2027, estimated from the company's past reporting pattern. |
| Hemlo Mining Corp HMMC [33] | $2,561 | $1,951 | 43.2% | 25,188 | Next report date: not yet announced. |
| SSR Mining Inc. SSRM GEO [34] | $2,622 | $1,890 | 41.9% | 101,959 | Next report: around 3 November 2026, estimated from the company's past reporting pattern. |
| Rio2 Limited RIO2 ramp-up [35] | $2,873 | $1,639 | 36.3% | 9,088 | Next report date: not yet announced. |
Outside the curve, and why
Companies in the coverage universe for this metal that the cost curve does not draw, each with the reason the measurement register gives. Explorers, developers and royalty companies are not producers and are not listed here.
- Compania de Minas Buenaventura S.A.A. BVN Excluded from the median: Excluded from the cohort (reason below)
EXCLUDED 30 Aug 2026: consolidated gold AISC NEGATIVE all four window quarters (-$1,645 to -$7,129/oz; Ag/Cu/Pb/Zn credits exceed gross costs, verbatim, cross-footed; panel-only is a V2-2 question). Stated in the release appendix (copper separate US$/MT)
- Allied Gold Corporation AAUC Comparable reporter: entry queued: Quarters not yet read in
AISC US$/oz sold 'on a consolidated basis'
- Aris Mining Corporation ARIS Comparable reporter: entry queued: Quarters not yet read in
consolidated AISC USD (Segovia+Marmato)
- DRDGOLD Limited DRD Comparable reporter: entry queued: Quarters not yet read in
group AISC ZAR/kg AND US$/oz stated quarterly
- McEwen Inc. MUX Comparable reporter: entry queued: Quarters not yet read in
consolidated 100%-owned AISC US$/GEO (San José 49% separate)
- Alkane Resources Ltd ALK No comparable quarterly USD figure: Quarterly figure in another currency
A$/AuEq oz (gold+antimony)
- Amman Mineral Internasional AMMN No comparable quarterly USD figure: No AISC stated
mining cost per tonne only
- Archi Indonesia ARCI No comparable quarterly USD figure: No AISC stated
no per-oz cost in current investor materials
- Bellevue Gold Limited BGL No comparable quarterly USD figure: Quarterly figure in another currency
A$/oz only (Bellevue)
- Bumi Resources Minerals BRMS No comparable quarterly USD figure: No AISC stated
C1 cash cost net of silver credit only
- Capricorn Metals Ltd CMM No comparable quarterly USD figure: Quarterly figure in another currency
A$/oz only
- Catalyst Metals Limited CYL No comparable quarterly USD figure: Quarterly figure in another currency
A$/oz only (Plutonic)
- Chifeng Jilong Gold Mining 600988 No comparable quarterly USD figure: Per-mine figures only
per-region unit costs (RMB/g domestic, local-currency abroad)
- Coeur Mining, Inc. CDE No comparable quarterly USD figure: No AISC stated
Adjusted CAS only, excludes sustaining capex/G&A/exploration
- Compania Minera Poderosa PODERC1 No comparable quarterly USD figure: No AISC stated
no AISC; discrete quarterly cash cost in US$ per oz (the company's own definition: total cost less depreciation) in its SMV quarterly management report
- Evolution Mining EVN No comparable quarterly USD figure: Quarterly figure in another currency
group AISC A$/oz only
- Fresnillo plc FRES No comparable quarterly USD figure: Half-yearly figures only
H1/FY only; per-metal FY guidance is in the attributes registry
- Genesis Minerals Limited GMD No comparable quarterly USD figure: Quarterly figure in another currency
A$/oz (classification directionally safe)
- Greatland Resources Limited GGP No comparable quarterly USD figure: Quarterly figure in another currency
A$/oz only (Telfer/Havieron)
- Harmony Gold Mining HMY No comparable quarterly USD figure: Quarterly figure in some quarters only
quarterly USD AISC only fiscal Q1/Q3
- Hochschild Mining plc HOC No comparable quarterly USD figure: Half-yearly figures only
attributable AISC US$/GEO, H1/FY only; quarterly reports carry guidance not actuals
- i-80 Gold Corp IAUX No comparable quarterly USD figure: No AISC stated
per-tonne site costs only (ramping properties)
- Industrias Penoles S.A.B. de C.V. PENOLES No comparable quarterly USD figure: No AISC stated
aggregate cost of sales only; Fresnillo reports separately
- Lingbao Gold Group 3330 No comparable quarterly USD figure: No AISC stated
unit cost of sales per kg only; no quarterly reports
- Merdeka Copper Gold MDKA No comparable quarterly USD figure: Per-mine figures only
USD but per operation (TB Gold vs copper ops), no blend
- Northern Star Resources NST No comparable quarterly USD figure: Quarterly figure in another currency
group AISC A$/oz (Pogo alone quoted USD)
- Ora Banda Mining Ltd OBM No comparable quarterly USD figure: Quarterly figure in another currency
A$/oz only
- Pan African Resources plc PAF No comparable quarterly USD figure: Half-yearly figures only
Group AISC USD at H1/FY only
- Perseus Mining Limited PRU No comparable quarterly USD figure: No AISC stated
Perseus 'AISC' is All-In SITE Cost, not the WGC measure (its Jun-2026 report states a separate comparable AISC US$1,848 vs US$1,941 site cost), RE-CLASSIFIED 30 Aug 2026; CDE ground; 2027 re-eval
- Polyus PJSC PLZL No comparable quarterly USD figure: No AISC stated
TCC USD only, H1/FY cadence
- Ramelius Resources Limited RMS No comparable quarterly USD figure: Quarterly figure in another currency
A$/oz only
- Regis Resources Limited RRL No comparable quarterly USD figure: Quarterly figure in another currency
A$/oz only
- Shandong Gold Mining 600547 No comparable quarterly USD figure: No AISC stated
production volumes + PRC-GAAP financials only
- Sibanye Stillwater Limited SBSW No comparable quarterly USD figure: Per-mine figures only
per-segment AISC (SA gold R/kg+USD, US PGM $/2Eoz); never group-blended
- Tongguan Gold Group 340 No comparable quarterly USD figure: No AISC stated
no AISC or unit cost measure; semi-annual aggregate HK$ cost of sales, gold volume (tonnes) and average selling price (RMB/g) only
- TR Anadolu Metal Madencilik TRMET No comparable quarterly USD figure: No AISC stated
TRY financials only
- Turk Altin Isletmeleri TRALT No comparable quarterly USD figure: No AISC stated
TRY financials only
- Vault Minerals Limited VAU No comparable quarterly USD figure: Quarterly figure in another currency
A$/oz only
- Wanguo Gold Group 3939 No comparable quarterly USD figure: No AISC stated
no AISC; per-mine unit mining and processing expenditure in RMB per tonne of ore, half-yearly (Wanguo Gold: Xinzhuang + Gold Ridge)
- Westgold Resources Limited WGX No comparable quarterly USD figure: Quarterly figure in another currency
A$/oz only
- Zhaojin Mining Industry 1818 No comparable quarterly USD figure: No AISC stated
RMB/gram comprehensive cost, semi-annual (Zhaojin)
- Zhongjin Gold 600489 No comparable quarterly USD figure: No AISC stated
PRC-GAAP financials only, no per-oz cost metric
- Zijin Gold International 2259 No comparable quarterly USD figure: Cumulative figures only
cumulative-only AISC (9M/FY/H1; Q1 sole discrete quarter); production in tonnes, RE-CLASSIFIED 30 Aug 2026 from quarterly-usd
- Americas Gold and Silver Corporation USAS Not yet measured: Not yet measured
not yet in the AISC measurement sweep for this metal
- Andean Precious Metals Corp. APM Not yet measured: Not yet measured
not yet in the AISC measurement sweep
- Aurelia Metals Limited AMI Not yet measured: Not yet measured
not yet in the AISC measurement sweep
- Avino Silver & Gold Mines Ltd. ASM Not yet measured: Not yet measured
not yet in the AISC measurement sweep for this metal
- Aya Gold & Silver Inc. AYA Not yet measured: Not yet measured
not yet in the AISC measurement sweep for this metal
- Black Cat Syndicate Ltd BC8 Not yet measured: Not yet measured
not yet in the AISC measurement sweep
- Caledonia Mining Corporation CMCL Not yet measured: Not yet measured
not yet in the AISC measurement sweep
- China Gold International Resources Corp Ltd JINFF Not yet measured: Not yet measured
not yet in the AISC measurement sweep for this metal
- CNMC Goldmine Holdings 5TP Not yet measured: Not yet measured
not yet in the AISC measurement sweep
- Contango Silver & Gold Inc. CTGO Not yet measured: Not yet measured
not yet in the AISC measurement sweep
- Endeavour Silver Corp. EXK Not yet measured: Not yet measured
not yet in the AISC measurement sweep for this metal
- First Majestic Silver Corp. AG Not yet measured: Not yet measured
not yet in the AISC measurement sweep for this metal
- Galiano Gold Inc GAU Not yet measured: Not yet measured
not yet in the AISC measurement sweep
- GoGold Resources Inc. GGD Not yet measured: Not yet measured
not yet in the AISC measurement sweep for this metal
- Hecla Mining Company HL Not yet measured: Not yet measured
not yet in the AISC measurement sweep for this metal
- Idaho Strategic Resources IDR Not yet measured: Not yet measured
not yet in the AISC measurement sweep
- Integra Resources Corp ITRG Not yet measured: Not yet measured
not yet in the AISC measurement sweep
- J Resources Asia Pasifik PSAB Not yet measured: Not yet measured
not yet in the AISC measurement sweep
- Luca Mining Corp LUCA Not yet measured: Not yet measured
not yet in the AISC measurement sweep
- Meeka Metals Limited MEK Not yet measured: Not yet measured
not yet in the AISC measurement sweep
- Metals Exploration plc MTL Not yet measured: Not yet measured
not yet in the AISC measurement sweep
- Pantoro Gold Limited PNR Not yet measured: Not yet measured
not yet in the AISC measurement sweep
- Silvercorp Metals Inc. SVM Not yet measured: Not yet measured
not yet in the AISC measurement sweep for this metal
- St Barbara Limited SBM Not yet measured: Not yet measured
not yet in the AISC measurement sweep
- West Red Lake Gold Mines WRLG Not yet measured: Not yet measured
not yet in the AISC measurement sweep
- Zijin Mining Group Co Ltd ZIJMY Not yet measured: Not yet measured
not yet in the AISC measurement sweep for this metal
How this page is made
Sources and methodology
Methodology
All-in sustaining cost (AISC) is a non-GAAP measure. Each company defines it in its own filings, and the figures on this page are consolidated AISC exactly as each company states it: no adjustments, no recalculations. Where a company states its consolidated figure on a particular basis (by-product credits, gold-equivalent ounces), the basis is noted beside its rows and applied consistently across its history.
The cohort is fixed for each calendar year, so the median never moves because membership moved. Membership changes are dated notes in this section, never quiet edits. A company joins only if it states a consolidated gold AISC in US dollars per ounce on a quarterly cadence.
The 2026 gold cohort: Newmont Corporation (NEM) , Agnico Eagle Mines (AEM) , Barrick Mining Corporation (B) , AngloGold Ashanti plc (AU) , Gold Fields Limited (GFI) , Kinross Gold Corporation (KGC) , Alamos Gold Inc (AGI) , Equinox Gold Corp (EQX) , IAMGOLD Corporation (IAG) , Eldorado Gold Corporation (EGO) , Lundin Gold Inc (LUG) , Endeavour Mining plc (EDV) , Pan American Silver Corp. (PAAS) , B2Gold Corp (BTG) , G Mining Ventures Corp (GMIN) , Aura Minerals Inc (AUGO) , Artemis Gold Inc (ARTG) , OceanaGold Corporation (OGC) , K92 Mining Inc (KNT) , SSR Mining Inc. (SSRM) , Discovery Mining Ltd. (DSV) , DPM Metals Inc (DPM) , Merdeka Gold Resources (EMAS) , Resolute Mining Limited (RSG) , Mineros SA (MSA) , Hemlo Mining Corp (HMMC) , Rio2 Limited (RIO2) , Torex Gold Resources (TXG) , Centerra Gold Inc (CGAU) , Wesdome Gold Mines (WDO) , Orezone Gold Corporation (ORE) , Fortuna Mining Corp. (FSM) , Emerald Resources NL (EMR) , West African Resources Ltd (WAF) , Kingsgate Consolidated Limited (KCN) .
Gold and silver figures are per troy ounce; copper figures are per pound. No chart or sortable column ever mixes the two.
The reference price is the World Bank Commodity Markets quarterly average gold price (US$ per troy ounce), published under CC BY 4.0. Source: World Bank Commodity Price Data.
Updated within 10 business days of the last cohort earnings release of each quarter. A quarter publishes only once at least 10 cohort companies have reported; until then it is held back and says so.
A published figure changes only when the company itself restates it, and the change is dated here. Every figure links the release or filing it came from.
SilverTrade is a bullion trading platform. This page is market data and journalism, not investment advice, and SilverTrade does not issue price targets on any security.
Gold sources (35)
- Emerald Resources NL (EMR), Q2 2026: FY2026 Q4 (quarter ended 30 June 2026). Emerald Resources NL, 'Quarterly Report June 2026', ASX release dated 31 July 2026, 'Operating Overview': 'During the Quarter, Emerald Resources NL's ("Emerald" or "Company") 100% owned Okvau Gold Mine produced 27,072oz of gold with 25,955oz poured and All-In Sustaining costs ("AISC") of US$818/oz. Cash generation from operations of A$127.3M (US$90.3M) for the Quarter.' 'Guidance for FY2027 of 100Koz - 115Koz with AISC of US$980/oz - US$1,080/oz.' Page-1 Fast Facts: 'June 2026 Quarter gold production of 27.1Koz (Mar 26: 26.3Koz);' 'June 2026 Quarter AISC of US$818/oz (Mar 26: US$897/oz);'.
- Artemis Gold Inc (ARTG), Q2 2026: 'Artemis Gold Reports Record Financial and Operating Results for Q2 2026', IR-site release, 6 Aug 2026. 'AISC of US$955 per ounce of gold sold'; production 74,063 oz; sales 78,126 oz.
- Lundin Gold Inc (LUG), Q2 2026: Q2 2026 results news release, AISC $1,176/oz sold; production 118,994 oz
- DPM Metals Inc (DPM), Q2 2026: 'DPM Metals Reports Record Q2 2026 Free Cash Flow and Earnings; Vareš On-Track to Achieve Full Production by Year-end 2026', IR-site release, 30 Jul 2026. 'All-in sustaining cost per GEO sold' $1,214. GEO produced 102,690, the exact figure, stated twice in the release ('Produced 102,690 ... GEO in the second quarter' + highlights table); gold 61.0 koz; GEO sold 87.0 koz. (Corrected from a 102.7-koz rounding at verification.) Vareš still pre-commercial in Q2 (commercial production announced 17 Aug 2026, achieved effective ~10 Aug 2026 after the 30-day qualifying period, per the release).
- K92 Mining Inc (KNT), Q2 2026: 'K92 Mining Announces Strong Q2 2026 Financial Results', 10 Aug 2026: cash costs $859/oz gold, AISC $1,376/oz gold net of by-product credits (co-product $1,529/oz AuEq); production 42,931 oz Au (46,093 AuEq, 1,780,506 lbs Cu, 50,109 oz Ag).
- Agnico Eagle Mines (AEM), Q2 2026: Q2 2026 results release (6-K ex. 99.1, dated 29 Jul 2026), headline AISC per ounce; payable gold production 855,816 oz
- Newmont Corporation (NEM), Q2 2026: Q2 2026 earnings release (8-K ex., filed 23 Jul 2026), Gold By-Product AISC ($1,621; co-product $1,938); production 1,293 koz attributable
- G Mining Ventures Corp (GMIN), Q2 2026: 'G Mining Ventures Reports Second Quarter 2026 Results', company GlobeNewswire issuance, 12 Aug 2026. Verbatim: 'All-In Sustaining Costs (AISC) of $1,690 per ounce sold'. Production 36,845 oz; sold 37,439 oz.
- Torex Gold Resources (TXG), Q2 2026: 'Torex Gold Reports Q2 2026 Results', Newsfile, Aug 6 2026; company copy at https://torexgold.com/news-and-media/news/torex-gold-reports-q2-2026-results-15384/. Highlights: 'Quarterly all-in sustaining costs of $2,459 per oz AuEq sold (YTD - $2,165 per oz AuEq sold)'; CEO: 'All-in sustaining costs ("AISC") of $2,459 per oz AuEq sold were elevated'. FY2026 AISC guidance raised to '$2,000 to $2,100 per oz AuEq sold' from '$1,750 to $1,850'. Production: '69,278 oz of gold'; gold equivalent produced 96,297 oz AuEq; gold sold 68,058 oz; AuEq sold 92,351 oz.
- Centerra Gold Inc (CGAU), Q2 2026: 'Centerra Gold Reports Second Quarter 2026 Results; Strong Operational Performance Drives Increased Oksut Production Guidance...', 6-K Ex. 99.1, Toronto Jul 28 2026; company copy at https://www.centerragold.com/investor-news/news-details/2026/Centerra-Gold-Reports-Second-Quarter-2026-Results-Strong-Operational-Performance-Drives-Increased-kst-Production-Guidance-The-Company-Expands-Share-Buybacks-to-200-Million-in-2026-and-Continues-Execution-of-its-Self-Funded-Growth-Strategy/default.aspx . Highlights: 'Second quarter 2026 consolidated gold production costs were $1,456 per ounce and all-in sustaining costs ("AISC") on a by-product basis were $1,707 per ounce.' Table: 'All-in sustaining costs on a by-product basis ($/oz) 1,707 | 1,652 | 3%'; co-product gold AISC '2,021'. Production: 'consolidated gold production was 70,727 ounces, including 38,175 ounces from the Mount Milligan Mine and 32,552 ounces from the Oksut Mine'; Mount Milligan copper 13.1 million pounds.
- Alamos Gold Inc (AGI), Q2 2026: Q2 2026 results release (6-K ex. 99.1, filed 30 Jul 2026), consolidated AISC; production 130,600 oz
- West African Resources Ltd (WAF), Q2 2026: 'JUNE 2026 QUARTERLY REPORT', Press Release 29 July 2026. Page-1 bullet: 'Q2 gold production: 125,179 oz at AISC1 of US$1,730/oz'. Costs section: 'The AISC of the combined Group was US$1,730/oz for the quarter.' Footnote 5: 'Sustaining cost for the Group is all in sustaining cost (AISC) as defined by the World Gold Council. Sustaining cost for Sanbrado and Kiaka is site sustaining cost ...'. Group production comprised Sanbrado 57,608 oz and Kiaka 67,571 oz (record quarter).
- Merdeka Gold Resources (EMAS), Q2 2026: EMAS Q2 2026 Quarterly Activities Report (Apr-Jun 2026), published Aug 2026, narrative bullet + Table 1 (p.3): 'AISC was $1,754/oz, including gold royalties... Excluding gold royalties... AISC was $1,460/oz'; production 15,594 oz Au and 29,796 oz Ag.
- Wesdome Gold Mines (WDO), Q2 2026: 'Wesdome Reports Strong Second Quarter 2026 Results and Reaffirms Full-Year Production and Cost Guidance', Newsfile, Aug 13 2026. Highlights: 'Consolidated gold production for the second quarter was 43,824 ounces, a 2% increase compared to Q2 2025. Q2 2026 cash costs per ounce of gold sold increased by 45% to US$1,342 and all-in sustaining costs ("AISC") per ounce of gold sold increased by 15% to US$1,763 compared to Q2 2025.' Per mine: Eagle River 'AISC per ounce of gold sold increased by 45% to $2,800 (US$2,023)'; Kiena 'decreased by 13% in Q2 2026 to $2,071 (US$1,497)'. Gold sold 44,100 oz. H1-26 production 89,127 oz.
- Kinross Gold Corporation (KGC), Q2 2026: Q2 2026 results release (6-K ex. 99.1, dated 29 Jul 2026), attributable AISC per Au eq. oz sold; production 492,326 Au eq. oz
- Barrick Mining Corporation (B), Q2 2026: Q2 2026 results release (6-K ex. 99.1, filed 11 Aug 2026), Operational Highlights, AISC per ounce; production 796,000 oz
- Endeavour Mining plc (EDV), Q2 2026: H1 2026 results release (30 Jul 2026), discrete Q2 figures: AISC $1,907/oz; production 283 koz
- Eldorado Gold Corporation (EGO), Q2 2026: Q2 2026 results release (6-K ex. 99.1, filed 30 Jul 2026), Highlights, AISC per oz sold; production 104,616 oz
- Gold Fields Limited (GFI), Q2 2026: H1 2026 unaudited interim results (6-K ex. 99.2, filed 26 Aug 2026), Key Statistics, standalone June 2026 quarter column: 'AISC US$/oz 1,957'; 'Gold-equivalent produced - attributable oz (000) 634'. FINAL figures superseding the 11 Aug trading statement's 'expected US$1,960/oz'
- Pan American Silver Corp. (PAAS), Q2 2026: MD&A period ended 30 Jun 2026 (6-K ex. 99.2, filed 13 Aug 2026), Gold Segment AISC $1,984/oz; attributable gold production 165.9 koz
- Aura Minerals Inc (AUGO), Q2 2026: 'Aura Announces Q2 2026 and H1 2026 Financial and Operational Results', 5 Aug 2026 (6-K ex. 99.1, acc. 0001171843-26-005260). 'Q2 2026 AISC was US$1,985/GEO'; 'Total Production (GEO) 75,437'.
- AngloGold Ashanti plc (AU), Q2 2026: Q2/H1 2026 earnings release (6-K, filed 31 Jul 2026), standalone Q2 group AISC and production 744,000 oz stated alongside H1 figures
- OceanaGold Corporation (OGC), Q2 2026: 'OceanaGold Reports Second Quarter 2026 Results', IR-site release, 5 Aug 2026. Results Overview table: AISC $2,151/oz; total gold produced 138.8 koz.
- Discovery Mining Ltd. (DSV), Q2 2026: 'Discovery Reports Record Revenue, Strong Year-Over-Year Earnings Growth in Q2 2026', 13 Aug 2026. 'Gold AISC per ounce sold' $2,154; gold sold 66,068 oz. First quarter including Kidd Operations (separate segment).
- Fortuna Mining Corp. (FSM), Q2 2026: Form 6-K filed 6 Aug 2026, Exhibit 99.5 'Fortuna Reports Results for the Second Quarter 2026' (Vancouver, August 5, 2026). Highlights: 'Gold equivalent production of 72,217 ounces and the Company remains on track to achieve its annual [guidance]' and 'Consolidated AISC per GEO of $2,157 for Q2 2026, up from $2,107 in the previous quarter. Compared to the assumptions in our annual guidance, AISC contains a $49 impact from external factors, and $115 of one-time operational items.' Operating statistics table (Q1-26 | Q2-26 | Q2-25 | % | H1-26 | H1-25): 'GEO production from continuing operations (1)(2) 72,872 | 72,217 | 71,229 | 1% | 145,089 | 141,615 | 2%; Cash cost continuing operations($/oz GEO) 951 | 1,034 | 929 | 11% | 993 | 899; AISC continuing operations($/oz GEO) 2,107 | 2,157 | 1,932 | 12% | 2,134 | 1,846 | 16%' Body: 'All-in sustaining costs per GEO from continuing operations was $2,157 representing a $49 increase from the $2,107 recorded in the prior quarter ... external factors consisted mainly of $41 from the appreciation of the Argentine peso at our Lindero mine, $37 higher royalties due to gold prices, $24 from higher diesel prices ... partially offset by $48 from a decrease in share-based compensation.' Mine-level: Lindero AISC/oz Au $1,765; Séguéla $2,265; Caylloma $44.89/oz AgEq.
- Equinox Gold Corp (EQX), Q2 2026: Q2 2026 results release (dated 5 Aug 2026; also furnished via 6-K), AISC $2,175/oz All Operations; production 176,836 oz (pre-Orla close 31 Jul 2026)
- Kingsgate Consolidated Limited (KCN), Q2 2026: Lodged with ASX 30 Jul 2026. 'Quarterly Report - For the period ending 30 June 2026', 17 pp. Verbatim: 'During the quarter, Chatree produced 20,163 ounces of gold and 220,078 ounces of silver'; table 'AISC (pre-royalties) 1,134 / Royalties 1,063 / AISC 2,197'; 'Chatree's AISC for the June quarter was US$2,197 per ounce sold'. Gold sold 19,290 oz. FY26 totals printed: 86,078 oz produced (the four quarters), AISC US$2,123. Fiscal 4QFY26.
- IAMGOLD Corporation (IAG), Q2 2026: Q2 2026 MD&A (6-K ex. 99.1, filed 6 Aug 2026), Highlights, AISC per attributable oz sold; production 188,100 oz
- B2Gold Corp (BTG), Q2 2026: B2Gold MD&A for the quarter ended 30 Jun 2026 (6-K ex. 99.2, prepared 6 Aug 2026, EDGAR): 'Consolidated all-in sustaining costs... were $2,356 per gold ounce sold'; consolidated production 203,648 oz (quarterly table).
- Orezone Gold Corporation (ORE), Q2 2026: 'Orezone Gold Reports Second Quarter 2026 Results', news release dated August 12, 2026. Highlights: 'Reported record quarterly gold production of 58,566 ounces, marking the first full quarter of contribution following the acquisition of Casa Berardi.' / 'Reported all-in sustaining costs ("AISC") of $2,449 per gold ounce sold.' Footnote: 'AISC per gold oz sold excludes Purchase Price Allocation ("PPA") adjustments on the Casa Berardi acquisition for stockpile processed and gold inventory sold.' Per-mine: Bomboré 'Gold production increased 38% to 38,063 oz in Q2-2026' and 'AISC per gold oz sold in Q2-2026 was $2,278, a 29% increase from $1,762 per oz sold in Q2-2025'; Casa Berardi 'Gold production in Q2-2026 was 20,503 oz' and 'AISC per gold oz sold in Q2-2026 was $2,558, consistent with plan.' (Casa Berardi PPA exclusions: $1.7M stockpile, $13.2M gold inventory.) H1-2026 Bomboré AISC $2,234. The $2,449 is the CONSOLIDATED two-mine figure and is the one headlined.
- Mineros SA (MSA), Q2 2026: Mineros S.A. MD&A 'For the three and six months ended June 30, 2026 and 2025' (company-hosted; created Aug 5, 2026), § 3.2 Highlights + § 4 table + § 5. Verbatim: 'On a standalone basis, Q2 Cash Cost of $2,204/oz and AISC of $2,458/oz reflect expected second-half cost discipline and remain consistent with the full-year guidance.' Table row: 'AISC per ounce of gold sold ($)1 2,458 1,940 518 27% 2,348 1,812 536 30%' (Q2-26, Q2-25, H1-26, H1-25). Production table: 'Total Gold Produced 60,253 53,907 6,346 12% 118,103 108,149 9,954 9%'. § 5: '• Gold production increased by 12% to 60,253 ounces of gold during the second quarter of 2026 ... • Cash Cost & AISC: Cash Cost per ounce of gold sold in the second quarter of 2026 was $2,204 and AISC per ounce of gold sold was $2,458'.
- Resolute Mining Limited (RSG), Q2 2026: ASX Announcement 30 July 2026, 'Q2 2026 Activities Report, For the Quarter ending 30 June 2026', p.1 Quarterly Highlights + Table 1 + p.4 + p.28 cost table. Verbatim: '• Group gold production of 45,192 ounces (oz) (Q1 2026: 59,603oz) with operating performance meeting expectations noted on 5 June 2026 • All-In Sustaining Costs (AISC) of $2,484/oz (Q1 2026: $2,210/oz) is as expected due to lower production at Syama and higher royalty payments from elevated average realised gold prices'. Table 1 row: 'AISC $/oz 2,484 2,210 2,327 1,688' (Q2-26, Q1-26, H1-26, H1-25). p.4: 'In Q2 the Group produced 45,192 oz of gold at an AISC of $2,484/oz.' Cost table: 'All-In Sustaining Cost (AISC) AISC is calculated on gold produced (poured) $/oz 2,654 1,538 2,484' (Syama / Mako / Group). Syama 29,881 oz at $2,654/oz ('higher than guidance to lower production, higher fuel costs and higher royalty payments'; 'explosive supply chain issues'); Mako 15,311 oz at $1,538/oz. Note: Q2-26 report shows Syama Q1-26 comparative as $2,226/oz vs $2,227/oz in the Q1 report, $1 rounding difference at site level only; group Q1 figure unchanged at $2,210.
- Hemlo Mining Corp (HMMC), Q2 2026: 'Hemlo Mining Corp. Reports Second Quarter 2026 Financial and Operating Results', August 11, 2026 (company site; also PR Newswire https://www.prnewswire.com/news-releases/hemlo-mining-corp-reports-second-quarter-2026-financial-and-operating-results-302848949.html, company issuance via wire). Verbatim: 'Attributable gold produced for the three and six months ended June 30, 2026 totalled 25,188 and 54,887 ounces of gold'; 'For the three months ended June 30, 2026, attributable gold sold was 27,858 ounces, resulting in cash costs per ounce sold of $1,880 and attributable AISC per ounce sold of $2,561 compared with $1,385 and $1,805, respectively, in the first quarter of 2026.' Reason given: 'lower attributable gold ounces sold, over which fixed and semi-fixed costs were spread, continued investment in the mobile fleet and owner-operator transition, and additional labour to support the planned ramp-up.' Operating table also shows 100%-basis figures (Q2-26 gold produced 27,858 / sold 32,425; Q1-26 34,764 / 38,685), the tracker rows use ATTRIBUTABLE figures as headlined.
- SSR Mining Inc. (SSRM), Q2 2026: EX-99.1 'SSR Mining Reports Second Quarter 2026 Results' (4 Aug 2026) to 8-K, acc. 0000921638-26-000082; continuing operations (Copler sale closed 24 Jun 2026). Companion 10-Q ssrm-20260630 filed same day.
- Rio2 Limited (RIO2), Q2 2026: 'RIO2 REPORTS Q2 2026 FINANCIAL AND OPERATING RESULTS AND WEBINAR', August 13, 2026 (company site; also GlobeNewswire, company issuance via wire). Fenix Gold Mine, three months ended June 30, 2026: gold ounces produced 9,088; gold ounces sold 6,814; table cell 'All-in sustaining cost per gold ounce sold, US$/oz 2,873'. H1-26 Fenix production 13,736 oz (= 4,648 + 9,088, consistent). Status: 'Rio2 is on track to achieve commercial production in Q4 2026'; 2026 production guidance deferred due to weather impacts and ramp-up. Condestable (separate): 9,296,883 lb Cu produced, 'AISC per copper pound US$/lb 3.10', plus 4,451 oz Au and 74,374 oz Ag by-products, excluded from the Fenix gold row.
Margin series sequence 23, as of 30 Sep 2026. Coverage register sequence 17, as of 12 Sep 2026.
- Company-reported data Every figure is the company's own, cited to the release or filing it came from.
- Fixed cohorts The companies in each median are set for the calendar year, so a median never moves because membership moved.
- No estimated costs No cost or margin here is estimated by us; where a company states no figure, the page says so.