Newmont (NEM) Cost Warning: Higher H2 AISC Expected, Analyst Says

An analyst at Seeking Alpha warned that Newmont's all-in sustaining costs are set to rise in the second half of the year. Taylor Dart, who disclosed a long position in Franco-Nevada, wrote that the world's largest gold miner faces a higher cost environment. The note defines AISC and other metrics used in the analysis.

Newmont's Alpha Score is 66 out of 100, a Moderate rating. The score is available on the NEM stock page.

The risk to Newmont is that higher costs squeeze margins if gold prices do not rise to offset them. Lower energy and fuel costs or a weaker dollar could reduce the risk. Persistent inflation in mining inputs or operational disruptions would make it worse.

The analyst disclosed a long position in Franco-Nevada, not Newmont.