AngloGold ’ s Cripple Creek and Victor open pit

New gold reporting metrics Initiated by the World Gold Council ( WGC ), mining companies and investors have adopted new metrics for cost reporting and efficiency called all-in sustaining costs , or Aisc . [ For further information , click here ]

These metrics being used more frequently to capture a point-intime look at what it costs to run a gold mine and generate today ’ s revenue . This includes everything from G & A expenses and sustaining capital for mines are they age .

“ The way companies are using the metrics to describe their performance and to educate employees about the real costs of mining , assisting them to make better cost decisions , is really helping companies to improve their financial performances , while simultaneously improving cost disclosure to investors and interested parties ,” WGC director Terry Heymann .

While the majority of companies

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