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Apr 07, 2021 Gold Mining Made Record Profits in 2020. $828 per ounce on average after AISC costs... GOLD MINING producers had their most profitable year ever in 2020, based on one metric, writes Frank Holmes at US Global Investors. The average all-in sustaining cost (AISC) margin, which is the gold price minus the [total] cost to produce the metal [and keep ...

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