Newmont CEO Sees Higher Costs Lingering Through 2022

The video discusses cyclical cost pressures in the mining industry, particularly in labor, oil, and fuel, and how these are managed within the context of gold pricing. It explores the temporary nature of these pressures due to the pandemic and the company's commitment to ESG and renewable energy. The discussion also covers gold's role as an inflation hedge, the Yanacocha sulfide project in Peru, and strategies for managing taxes and government relations.

What cyclical cost pressures are being observed in the gold mining industry?

How does labor cost impact the overall costs in the mining sector?

What is the significance of the $1200 gold price in relation to the company's business strategy?

What are the anticipated impacts of the pandemic on cost pressures in the mining industry?

In what ways are renewable energies expected to influence future cost management?

What role does the company see for gold as an inflation hedge in the current economic climate?

How does the company plan to engage with the new government in Peru regarding the Yanacocha sulfide project?