Newmont's Soaring Unit Costs Warrant Caution: Can It Protect Margins?
Key Takeaways Newmont Q1 gold AISC rose 15% Y/Y, driven by lower production and higher operating costs. NEM sees 2025 gold AISC to increase to 1,516 in 2024 amid sustained cost inflation. Higher labor and capital costs may pressure margins, prompting the need for tighter cost controls at NEM.Newmont Corporation’s (NEM) first-quarter 2025 results show concerning increases in unit costs. Its gold costs applicable to sales rose 16% year over year to $1,227 per ounce. All-in sustaining ...