PRECIOUS METALS

Gold producers' corporate costs out of control: SGC

GOLD producers are significantly mismanaged from a general and administrative cost perspective and management teams and boards need to immediately explore ways to reduce excessive spending levels that could potentially unlock US$13 billion of value for shareholders, a new report by the Shareholders’ Gold Council shows.

Staff reporter
The Shareholders' Gold Council says gold miners could unlock up to US$13 billion by cutting G&A expenses

The Shareholders' Gold Council says gold miners could unlock up to US$13 billion by cutting G&A expenses

Based on an analysis of 47 global primary gold-producing companies and a group of non-gold producers, the report concluded the group of senior gold producers spent nearly twice more than other comparable...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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