Agnico Eagle Mines Limited (AEM) reported a second-quarter 2025 all-in sustaining cost (AISC) of $1,289 per ounce, up 9% from the previous quarter and 10% year-over-year. The increase is attributed to higher total cash costs, rising sustaining capital expenditures, and escalated administrative expenses. Total cash costs per ounce rose to $933, marking a 7% increase from $870 a year prior and an increase from $903 in the preceding quarter.
In comparison, Newmont Corporation (NEM) saw its AISC decrease to $1,593 per ounce, a 4% drop quarter-over-quarter, mainly due to lower sales costs and decreased capital spending. Meanwhile, Barrick Mining Corporation (B) experienced a significant rise in AISC to $1,775 per ounce, up 22% sequentially, due to operational challenges and increased cash costs. Barrick anticipates a 2025 AISC range of $1,460-$1,560 per ounce.
