Capital and operating costs have risen rapidly for miners in the past couple of years as inflation has set in, but where exactly have costs risen the most?
Costmine vice-president Mike Sinden did a deep dive into the numbers at The Northern Miner Group’s recent Global Mining Symposium in Toronto on May 25. Sinden touched on the role of hydrocarbons in driving up costs, as well as why labour costs — especially in jurisdictions like the United States — could soon start to escalate.
Watch the video here:
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