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Majors losing costs battle, intermediates better

ASIC margin shrinks despite higher gold prices

Paul Harris
Panamerican Silver's Jacobina in Brazil

Panamerican Silver's Jacobina in Brazil | Credits: Yamana Gold

Gold equivalent production from the eight major Western producers inched up 1.4% in 2023 to an aggregate 25.02Moz from 24.68Moz in 2023, led by Newmont at 6.4Moz. The biggest gain was seen at PanAmerican...

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