Newmont Mining announced its 2019 outlook with attributable gold production guidance of 5.2 million ounces (oz) at all-in sustaining costs (AISC) of $935/oz. Newmont’s outlook reflects steady gold production and ongoing investment in its operating assets and most promising growth prospects, the company said.
Gold costs applicable to sales (CAS) guidance is $710/oz for 2019 and $750/oz for 2020; CAS is expected to be between $690/oz and $740/oz longer-term through 2023. AISC for 2020 is predicted to be $975/oz; AISC is expected to be between $875/oz and $975/oz longer-term through 2023.
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