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Economy 16/10/2023 NGMK reports the cost of production of 1 ounce of gold
NGMK reports the cost of production of 1 ounce of gold

Tashkent, Uzbekistan (UzDaily.uz ) -- Navoi Mining and Metallurgical Combine (NGMK) reported the cost of extracting 1 ounce of gold.

According to the combine, the production cost of 1 ounce (31.1 grams) of gold according to AISC (All-In Sustaining Costs) in 2022 amounted to US$778. 

The company notes that this is the lowest indicator among the top 10 global gold production companies.

The top 10 includes such companies as Newmont, Barrick, Agnico Eagle, AngloGoldAshanti, Polyus, Gold Fields, Kinross, Newcrest.

 

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