AISC Estimation from KNT 4th Q Data on 4/1/2024 Below in bold is a copy and paste formula for AISC costs.
I'll take a stab at extrapolating how close I can get to KNT's own AISC
computation when all 4th 2023 data is released on 4/1.
With 1st q 2024 results out in mid-May, it will be interesting to see how much
the AISC is reduced with an average gold price that may be $200 higher
quarter to quarter. The verbiage below comes from Word Gold Counsil:
The formula for AISC is as follows:
AISC = Cash Costs + Sustaining Capital + Exploration Expenses + G&A Expenses
In short, all-in sustaining costs measure how much it costs gold miners to dig up each ounce of gold from a particular mine. This cost can then determine how efficient mining companies are at extracting gold from the ground. Miners with low AISCs are said to be more efficient than miners with higher AISCs since all gold miners operate under the same market conditions.