Gold Producers

Posted on | by Leon Hinde

NST:ASX is under Algo Engine buy conditions and remains our preferred gold exposure.

A general review of the sector shows cost remains a concern for local gold miners with most companies reporting a lift in operating costs driven primarily by labour. A concern for the sector is the shortage of technical staff.

The average all in sustaining cost (AISC) per ounce for most local producers is A$1,525/oz.